new short-term roadmap
Hi everyone,
My name is Xavi, and Iām excited to join ACI as its newest team member!
Iām very familiar with Aave and itās ecosystem as Iāve worked at Aave companies last year, starting from the ground, with special focus in community. Iām also a lawyer & entrepreneur irl and that background has helped me in understanding better how DeFi works.
My main focus will be to help ACI by sharing all ACI activity, as well as general governance, for users, delegates and anyone to have a comprehensive summary of monthly activity in Governance and KPI. Iāll also help ACI build relationships with ecosystem partners, and keep representing ACI.
Shortly Iāll start being active in the Governance Forum, and Iāll start by sharing monthly reports on ACI activity in Governance.
Thanks!
Structure & Format for Monthly Reports:
From now on, as an exercise in transparency and convenience for Forum users and readers, we will share a monthly report featuring the key highlights of the month. ACI has created an external page where all Governance and ACI activity can be retrospectively reviewed, starting from February 2023.
Every month, in this same format, we will provide a summary and share the detailed guide for the month, following the structure below:
Month Highlights
- X [TEMP CHECK]
- X [TEMP CHECK] Snapshot
- X [ARFC] Forum
- X [ARFC] Snapshot
- ACI voted on X (X YAE/NAY/ABSTAIN)
- X [AIP]
- ACI voted on X (X YAE/NAY/ABSTAIN)
- X written by ACI
- X Others
Governance Activity
Inside Governance Activity, we will post & share all activity regarding:
- Temp Check
- Temp Check Snapshot
- ARFC Forum
- ARFC Snapshot
- AIP
- Other topics
Each activity/publication and governance step will be linked to corresponding page with detailed information to be accessed. At ACI, we want these reports to serve as a monthly TLDR of the activity taking place in this Forum and in the Governance of Aave, and we want to hear your feedback to improve them.
All this information will be available in an external page ACI has created for your convenience.
We will start sharing October 2023 activity.
Hi everyone,
Following our previous messages, let us share with everyone Octoberās Highlights.
Octoberās Highlights
- 5 [TEMP CHECK]
- 3 [TEMP CHECK] Snapshot
- ACI voted on 3 (3 YAE)
- 20 [ARFC] Forum
- 15 ARFC Snapshot
- ACI voted on 13 out of 5 (13 YAE 2 didnāt vote)
- 25 [AIP]
- ACI voted on 25 ( 25 YAE)
- 9 written by ACI
- 4 Other
You can access to the complete list with details at October 2023 Governance Highlights / KPI
Hi everyone,
We are happy to share that ACI has succesfully managed to list, in collaboration with Coingecko, all Aave V3 Markets aTokens in their site.
We believe this may be useful for users to have some visibility when checking basic information such as price feed, chains available, etc.
*Disclaimer: Please bear in mind that there are still some work to be done by Coingecko on some aToken in Gnosis, Metis, OP and AVAX, so if you see that in those chains for certain assets, the information is only being displayed as āPreview Onlyā, thatās correct at the time being, and eventually, will be fixed.
Thatās all for now, stay tuned for more updates!
by this message, we officially recognize the @ACI account as the official voice of the Aave-Chan Initiative:
ACI team members with @ACI account access:
Hello frens,
Following previous messages, weāre happy to share November 2023 Highlights, and a comparison with October 2023.
From now on, we will share at the beginning of each month, a report of the previous month activity, as well as some KPI, and ACI public activity KPI related to Governance.
So with further delay letās dig into Novemberās 2023 Highlights!
Novemberās Highlights
- 15 [TEMP CHECK]
- 7 [TEMP CHECK] Snapshot
- ACI voted on 7 (5 YAE, 1 NAY and 1 Abstain)
- 36 [ARFC] Forum
- 10 Author - ACI
- 15 ARFC Snapshot
- ACI voted on 14 out of 15 (13 YAE, 1 NAY, 1 Abstain)
- 31 [AIP]
- ACI voted on 30 ( 29 YAE, 1 NAY, 1 Didnāt vote)
- 10 AIP Author - ACI
- 6 Other
We are proud to state that November 2023 has been the most intense month of activity so far this 2023 with a record of 31 AIP, and 36 ARFC Forum posts. This is translated into a frenetic month in terms of governance, with lots of activity in all stages ( Temp Check, Temp Check Snapshot, ARFC, ARFC Snapshot & AIP), and all stakeholders participating into governance decision.
*To calculate this report, it has been taken into account as effective date, the start date of the stage, so there are a couple of AIP for example that are active, but were launched in November.
If we enter into October & November comparison:
We can see in a more visual image that thereās been an overall increase in governance this November 2023 compared to October, with 3x more Temp Checks, 2X Temp Check Snapshots, 16 more ARFC, a stability in ARFC Snapshots, and 6 more AIP.
If we also extract ACI public activity and compare it:
We voted 2X more in Temp Check Snapshots, kept the same amount of ARFC authorship, voted same amount of ARFC Snapshots (15), had 1 more AIP authorship than October 23 and voted in 5 more AIP.
You can check in more depth all governance/forum activity at Novemberās 2023 Highlights.
For example, if you click the toggle on [Temp Check] Forum, you will see all Temp Checks numbered, a link to forum post, and a summary of the Temp Check. The same applies to the rest of the categories.
And that would be all November 2023 Report!
**Please bear in mind that you also have available all monthly highlights since February 2023 in the following Aave DAO & ACI Governance Activity Page:
Thatās all for now, stay tuned for more updates!
Hello frens,
Continuing with ACIās effort to increase visibility when checking basic information such as price feed, chains available, contract addresses, etc for assets in Aave Markets, weāre happy to share that in collaboration with Etherscan, we have updated Aave V3 Market aToken information in their site.
This is a strategic movement, alongside previous Coingecko listing, to help Aave users, when they need to check data, to rely on trustable sources as Etherscan and Coingecko for price feed, contract addresses, etc.
Thatās all for now, stay tuned for more updates!
Hello frens,
First of all, we wish you an excellent & Happy New Year! Hopefully this year will be better than 2023
As we are entering the first month of the year, itās a great moment to look back into what happened in terms of activity of ACI during December 2023, specially with new V.3 Governance and its consequent governance embargo, and the last Quarter of 2023.
(If you want to check any of the previous AIP you need to go Governance V.2)
We will have to wait a few more days before governance is lifted up, but in the meantime, we are sharing December 2023 Report.
Obviously since embargo came effective around 22th December, thereās been a pause in new TEMP CHECK, ARFC, Snapshots and and AIP.
That is translated into a small decrease in activity compared to November 2023, which, in counterpart, does not represent the very intense month that has been making sure everything was ready to Gov. V.3.
Decemberās Highlights
- 5 [TEMP CHECK]
- 3 [TEMP CHECK] Snapshot
- ACI voted on 3 (0 YAE)
- 16 [ARFC] Forum
- 10 [ARFC] Snapshot
- ACI voted on 9 out of 10 (9 YAE)
- 25 [AIP]
- ACI voted on 25 (24 YAE)
- 7 written by ACI
- 2 Other
If we take a look at 4Q 2023 and compare each month, in general terms thereās a small decrease due to embargo but pace was very good as December was from 01/12 to 22/12 and on the other hand we had several challenges that implied maximum participation and weāre proud of Aave DAO and itās strengh, such as Governance V3 Activation with more than 1,122,272 votes and not a single NAY vote.
Hope you find this information useful, for now thats all frens, and Happy New Year again!
ACI
Hello frens,
Time flies, and first month of the year has passed already!
In this occasion, itās important to point out that V.3 Governance was launched after governance embargo, and so far itās been an amazing journey, with plenty of governance activity.
Remember, if you still want to check any of the previous AIP you need to go Governance V.2
We had a first days of January that embargo was still active so ion paper that should have meant thereās a bit less of governance proposals, but on the contrary.
Sharing January 2024 Report
Letās dive in!
We had an increase in Temp Checks, Temp Check Snapshots, ARFC and ARFC Snapshots, with a slightly decrease in AIP due to embargo and new v.3 version.
Most relevant proposals to point out are:
-
Dolce Vita - Empowering Aave Governance with seamless operations
-
Introducing āFrontierā - Staking as a Service for the Aave DAO
You can of course get into much more detail in January 2024 Report
Thatās all for now, thank you for delegating into Aave Chan Initiative (ACI) and stay tuned for more updates!
Hello frens,
Time to post our report from February, with intense activity as always.
As you already know, weāve been already under V.3 Governance for a bit, and February 2024 has been a good month when it comes to governance activity.
Please remember that if by any chance you still want to check any of the previous AIP from 2023 and before Gov V.3 you need to go Governance V.2 .
Here youāll find February 2024 Report
Letās dive in!
We had a bit of a decrease in Temp Checks and of course Temp Check Snapshots as a result of focusing on moving forward with existing proposals, but on the other hand the number of ARFC and ARFC Snapshots increased, with an important number of AIP that were published.
A summary of the most relevant proposals to point out are:
- Merit - A New Aave-Alignment User Reward System
- Orbit Program Renewal
- Add rsETH to Aave V3 Ethereum
- Onboard weETH to Aave V3 Ethereum
- New Risk Steward Signer
You can of course get into much more detail in February 2024 Report
Thatās all for now, thank you for delegating into Aave Chan Initiative (ACI) and stay tuned for more updates!
Hello frens!
We do hope that you had a great Easter and a long weekend.
Now itās time to take a look back to March 2024 as well as Q1 2024, for you to have the monthly report, and ACI governance actiivty!
Letās dive in!
If we compare March with February, we observe that thereās been an overall increase in governance activity, mainly in TEMP CHECK and ARFC, that will translate respectively in an increase of ARFC and ARFC Snapshots during April.
There was a total of 13 TEMP CHECK, 7 TEMP CHECK Snapshots, 33 ARFC on Forum, 21 ARFC Snapshot, and 21 AIP.
If we take a look on all Q1 2024:
In this image we can clearly appreciate the overall increase in TEMP CHECK(13) and ARFC (33), while Snapshots maintain the average amount, as well as AIP.
A summary of the most relevant proposals to point out, as well as actions are:
- Merit Approvals
- Reset Aave v3 Deployment Pipeline
- Rollout plan for Cross-Chain GHO
- GHO Cross-Chain Strategy
- Update on correlated-price asset onboarding
One of the biggest action was Merit Airdrop being live, first for WETH borrowers, where 280 WETH were airdropped, and then to GHO borrowers and stkGHO stakers, with 1M$.
Some press about Merit last week:
If you havenāt claimed yet or check if you did get rewards, you can do so at aavechan.com/claim.
You can of course get into much more detail in March 2024 Report
Thatās all for now, thank you for delegating into Aave Chan Initiative (ACI) and stay tuned for more updates!
April 2024 Report
Hello frens, hope that youāre 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 weāre proud to be the leading example by being one of the most active service providers.
Letās take a closer look:
If we compare April 24 with its previous month, we observe a slight decrease in TEMP CHECK, but thatās 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 donāt have the time to read all governance activity, hereās a TLDR:
- Introducing āFastPassā - A Safety Module Update
- GHO Cross-Chain Rollout Plan - First Network
- GHO Stewards - Adjustments GHO Borrow Cap
- Chaos Labs Engagement Amendment
- āMerit is Foreverā Reward System Program Extension
- April Finance Update
- 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.
Thatās all for now! Stay tuned for more updates!
Hello frens, hope that youāre good!
We are happy to share May 2024 Governance Report and ACI and governance activity, before entering into June and the end of Q2.
A month that had pretty interesting proposals to be discussed under governance ( that we will mention later in this thread) but in general, a busy month as usual.
Letās take a closer look:
Overall we observe same level of governance activity, with a small increase in TEMP CHECK (+3), a slight decrease in TEMP CHECK Snapshots (-2) and ARFC (-8). We had also a slight increase in ARFC Snapshots (+3) that will soon translate in more AIP for June. As per AIP published, we see an important decrease ( -16) but again that is not a KPI per se rather than a visual representation that June will have more AIP, as they always balance due to governance process and deadlines from those 32 ARFC we had this month.
As always, you can get access to the full report by entering at May 2024 Report.
As a TLDR summary for those who donāt have the time to read all Forum & Governance, we selected the following proposals:
- Aave Protocol V4 Development Proposal
- Aave 2030
- Aave Visual Identity
- Activate and Deploy GHO Safety Module on Arbitrum
- GHO Cross-Chain Launch
- Orbit Program Renewal May 2024
- Expansion of āFrontierā
- ACI Phase III - āAd Astraā
- Renewal of Aave Guardian - 2024
Lastly, please remember to claim your rewards under Merit program if you borrowed GHO, staked GHO or borrowed WETH. A few days ago took place Round 4 so check if you have some rewards!
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.
Thatās all for now! Stay tuned for more updates!
Hello frens, hope that youāre good!
We are happy to share June 2024 Governance Report and ACI and governance activity, before entering into July and the start of Q3.
A month that had pretty interesting proposals to be discussed under governance ( that we will mention later in this thread) but in general, a busy month as usual.
Letās take a closer look:
Overall we observe same level of governance activity, with a small decrease in TEMP CHECK (-4), same TEMP CHECK Snapshots (5) and a slight decrease in ARFC (-8).
We had also a considerable decrease in ARFC Snapshots (-11) . But, on the other hand, as per AIP published, the level was maintained (15 vs 17 in May) but again that is not a KPI per se as itās more important the quality of those AIP.
As always, you can get access to the full report by entering at June 2024 Report.
As a TLDR summary for those who donāt have the time to read all Forum & Governance, we selected the following proposals:
- Aave Liquidity Committee Funding Phase III
- Update Asset Onboarding Framework
- AL Service Provider Proposal
- Optimize ETH-correlated asset parameters
- Set ACI as Emission Manager for Liquidity Mining Programs
- Deployment of Aave on zkSync
- Deploy a Lido Aave v3 Instance
- AIP - Onboard USDe Aave V3 Ethereum
- AIP - Onboarding ETHx to Aave V3 Ethereum
- AIP - GHO Cross-Chain - Part 1
- AIP - GHO Cross-Chain - Part 2
- AIP - Set ACI as Emission Manager for Aave Liquidity Mining programs
Lastly, please remember to claim your rewards under Merit program if you borrowed GHO or, staked GHO. This weekend Round 5 was activated so check if you have some rewards!
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.
Thatās all for now! Stay tuned for more updates!
Hello frens, hope that youāre good!
We are happy to share July 2024 Governance Report and ACI and governance activity, before entering into August and holidays for many of you.
A month that had pretty interesting proposals to be discussed under governance ( that we will mention later in this thread) but in general, a busy month as usual.
Letās take a closer look:
Overall we observe an increase of governance activity, with practically same amount of TEMP CHECK ( 7 in June vs. 6 in July), an increase in TEMP CHECK Snapshots (+3), and a slight increase in ARFC (+5). AIP are practically flat, with +2 this month (but as stated previously that is not a KPI per se as itās more important the quality of those AIP).
As always, you can get access to the full report by entering at July 2024 Report.
As a TLDR summary for those who donāt have the time to read all Forum & Governance, we selected the following proposals:
- Aave v. 3.1 upgrade
- Aave V3 Deployment on Aptos Mainnet
- Deploy an Etherfi/Stablecoin Aave V3 Instance
- Deploy an Ethena Aave v3 Instance
- AAVEnomics Update
- ARFC-Addendum AaveDAO policy regarding Spark fork
- GHO Parameter Adjustment - Governance Process Amendment
- Extend GHO Stewards to Arbitrum
- GHO Arbitrum - Parameter Adjustments
- Merit Base Incentives and Superfest Matching
- Onboard USDC.e on Gnosis
- Onboarding weETH to Aave V3 on Scroll
- Lido Ethereum Instance Activation
On a separate note, we are proud to share the Lido/Ethereum Instance Activation, which has been a huge success and a joint effort from different Service Providers of the DAO, with ACI leading it.
You can also check Marcās latest tweet, where Lido Instance reached 121M$ in less than 24h, which is a major success.
Lastly, please remember to claim your rewards under Merit program if you borrowed GHO or, staked GHO. Round 6 was activated recently so check if you have some rewards!
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!
If you have questions about Merit, what it is, if youāre elegible or not, you can check it directly there, as thereās a section of FAQ for you to check.
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.
Thatās all for now! Stay tuned for more updates!
Thank you for the transparent update, proud to have the ACI advocate for AAVE - excited to continue see more growth & developments
Edited for added clarity:
ACI Alignment Voting Doctrine
At the ACI, our mission is to safeguard the best interests of the Aave Protocol, its users, and the long-term health of the broader DeFi industry.
While we have consistently supported ecosystem diversity, we have observed certain actors whose actions are detrimental to the industry and openly hostile toward the Aave ecosystem. To protect Aave and draw a clear distinction between aligned and non-aligned participants, the ACI is now implementing an Alignment Voting Doctrine.
Under this doctrine, any non-alignment will result in an automatic NAY vote from the ACI at the ARFC stage of proposals. This clear stance signals our position to the broader community and allows third parties to adjust their strategies accordingly.
That said, the ACI reserves the right to vote YAE on a case-by-case basis if circumstances merit it. One current example is synergies in the Base ecosystem; the ACI recognizes the strategic importance of this ecosystem for the Aave DAO and will continue to support and contribute to its success, allowing it to offboard underperforming legacy partners at its own pace.
We expect proposers to make their best effort to disclose any affiliations with potentially non-aligned entities in their proposals to ensure full transparency.
Actors with a history of poor work ethics, service underperformance, lack of care for users and protocol safety, or a history of hostility toward Aave, the DAO, and its service providers will be deemed non-aligned.
Gauntlet is an example of a non-aligned entity based on its history of underperformance and hostility toward the Aave DAO.
This doctrine ensures that Aave stays aligned with partners who prioritize the protocolās long-term success and the broader DeFi ecosystem.
To ensure fairness, the ACI commits to clearly stating at the TEMP CHECK phase of a proposal whether they consider it affiliated with a non-aligned entity. The ACI will cast an ABSTAIN vote at this stage, allowing the proposer the opportunity to make adjustments before the ARFC stage.
The ACI also recognizes the reality of legacy burdens and will not apply this doctrine retroactively. A commitment to future offboarding of relations with non-aligned actors will be considered alignment.
Lastly, we want to make this clear: this doctrine is not an Aave DAO policy and should not be interpreted as such. It is a policy of the ACI delegate platform. As delegate representatives representing the voices of hundreds of token holders, it is part of our Duty to express our opinions and doctrine clearly with full transparency.
This doctrine does not affect our work, scope, or duty as a service provider for the Aave DAO. The ACI will follow governance decisions with the same degree of diligence, regardless of our votes or intentions to vote. All proposers will be treated on equal terms and benefit from the same quality of service, regardless of their affiliation or alignment.
Marc, itās crystal clear your so-called āAave Alignment Voting Doctrineā is less about protecting Aave and more about pushing your personal agenda. Your bias against Gauntlet and MEV Capital is glaring and clouding your judgment. Governance should be about whatās best for the protocol, not personal vendettas. If youāre truly committed to transparency, maybe you should start by owning up to whatās really driving these decisions. Right now, itās your anger and bias that are hurting Aave, not Gauntlet or MEV Capital. How exactly are they ādetrimental to the industry and openly hostile toward Aaveā?