[ARFC] Onboard AUSD to Aave V3 on Avalanche
Vote Result: ABSTAIN
Rationale
While we voted YES in favour of the TEMP CHECK because AUSD is a stablecoin with potential with $70M+ in TVL and $12M+ in daily DEX volume, and the 50+ institutions onboarded, the legal risks highlighted by LlamaRisk do bring up concerns. The lack of sufficient information in Agora’s documentation, the AUSD access controls being assigned to EOAs, and the seemingly limited upside for onboarding AUSD onto Avalanche v3 makes us wary.
As such, at this stage, we think it would be prudent for us to vote ABSTAIN on this proposal.