[RFC] Deprecating MVTT10F

Deprecated DTFs
1

MVTT10F has limited activity and holds three assets issued through Universal, representing approximately 17% of its basket. Universal has announced that it will sunset its uAsset product suite at the end of October 2026.

Given MVTT10F’s limited activity, replacing these assets and continuing to maintain the DTF does not appear justified. For the safety of remaining holders, it is proposed to deprecate MVTT10F through the following series of actions:

  1. Rebalance the entire basket into USDC.
  2. Fully deprecate the DTF by removing all roles and calling deprecateFolio.

Rebalancing into USDC protects holders from the upcoming Universal asset sunset and makes future redemptions simpler.

Removing all active roles removes all control of the DTF, while calling deprecateFolio permanently blocks further mints and continues to allow existing holders to redeem.

2

Thanks for bringing this to the attention of governors @pmckelvy

Given the DTF has maintained a sub-$100k market cap for some time, deprecation is definitely warranted. Roughly 17% of the DTF being allocated to uAssets, which are themselves being sunset next month only further supports this.

It is also worth noting that once deprecateFolio has been called, no further governance proposals can be submitted onchain. This removes governance attacks as a risk vector and helps secure holders’ assets until withdrawal, with little to no further oversight required from governors or ABC Labs.