Aave Chan Initiative Delegate platform

April 2024 Report

Hello frens, hope that you’re good!

As we enter into May, its a good moment to take a step back and take a look at ACI and governance activity during April 2024.

A month that had pretty interesting proposals to be discussed under governance ( that we will mention later in this thread) but in general, an intense month with an outstanding record of 40 ARFC on Forum!

A reflection of how committed community, service providers, and holders are with Aave Governance and its decisions, and at ACI we’re proud to be the leading example by being one of the most active service providers.

Let’s take a closer look:

April 2024 Report

Captura de pantalla 2024-05-03 a las 10.50.37

Captura de pantalla 2024-05-03 a las 10.58.55

If we compare April 24 with its previous month, we observe a slight decrease in TEMP CHECK, but that’s understandable due to the amount of ARFC that were published as a result of moving forward with previous TEMP CHECK and TEMP CHECK Snapshots.

As per TEMP CHECK Snapshots, we had 7, same number, but where we saw a huge increase and a record so far was in ARFC posted on Forum, for a total of 40, that will be translated into an increase in May for ARFC Snapshots and AIP.

Of course you can always get access to full report by entering at April 2024 Report.

For those who don’t have the time to read all governance activity, here’s a TLDR:

  1. Introducing “FastPass” - A Safety Module Update
  2. GHO Cross-Chain Rollout Plan - First Network
  3. GHO Stewards - Adjustments GHO Borrow Cap
  4. Chaos Labs Engagement Amendment
  5. “Merit is Forever” Reward System Program Extension
  6. April Finance Update
  7. Onboard New Risk Service Provider

Lastly, please remember to claim your rewards under Merit program if you borrowed GHO, staked GHO or borrowed WETH.

You can do it through ACI Dashboard, where you have available information, and you can see your last round APR, current APR, and much more information!

We encourage you to use the site as well as https://dapps.aavechan.com/ as ACI has put a lot of work and love to make governance and delegation easier.

That’s all for now! Stay tuned for more updates!