[ARFC] Aave Liquidity Committee Funding
Vote Result: YES
Rationale
It is key to fund initiatives to improve GHO liquidity and ensure a 1:1 peg. There are clear KPIs outlined for this funding round, which will make tracking of the ALC’s performance simpler. The Maverick and Uniswap v3 strategies outlined make sense and have already seemingly contributed to getting GHO’s peg back in control, as have the increases to the borrow rate and the implementation of stkGHO.
Getting GHO to a 1:1 peg and expanding the set of use cases for GHO, alongside the initiative to make GHO cross-chain, are crucial in cementing the asset as a staple in DeFi. Therefore, we will vote YES in favour of this proposal.