[ARFC] PYUSD Reserve Configuration Update & Incentive Campaign
Vote Result: YES
Rationale
Improving PYUSD and GHO liquidity is a good initiative and having Trident Digital provide the LM rewards is a positive. The cost of liquidity being split with the Aave DAO is fair, and as Chaos Labs mentioned, if LPs hold GHO debt, the cost could be reduced even further. Penalising the holding of undesired debt tokens in the reward formula is a good step forward in incentive programs in our perspective. We’d like to point out that the concern around the PYUSD multisig from LlamaRisk is valid and we’d like to see that clarified. We appreciate the level of due diligence done here.
We will vote YES in favour of this proposal.