Aave DAO - Financial Reports & Financial Metrics

Authors from Llama: @Elliott, @MatthewGraham, and @MSilb7.

December 21 - Treasury Report

Llama is pleased to present the December 21 Aave Treasury Report. A fresh Treasury report will be published here each month providing insight into the performance of Aave. Live tracking data is available via the Dune Dashboard .

The Financial statements are set out per reserve showing the income generated from the start of 2021 along with expenses.

We have also presented a token flow statement. It should be noted that this combines all reserves, but for clarity, we have split out each reserve into its own statement and provided a consolidation to show the total movement.

December has seen strong L2 performance with revenue growing month on month in relation to the Polygon Network, however, the Ethereum network has struggled to continually grow as alternative chains such as avalanche gain traction. Polygon and Avalance now have $10B TVL combined.

Key takeaways are:

  • Total treasury balance $574.21m
  • Ethereum Network V1/V2 revenue down 24.9% from November to $2.26m
  • Polygon Network revenue up 16.6% from November to $1,125k
  • Both the Ethereum and Polygon reserves are well-diversified with significant stable coin holdings across both networks >50%. See here for how we are considering deploying these assets to earn additional yield. ARC - Consolidate Aave V1, V2 & AMM Reserve Factors, Purchase CVX and Deploy to Earn Yield

We are working to integrate the Avalanche network into the reporting. Watch this space!!

Please do let me or one of the members at Llama know what you would like to see in the next iteration of this report.