Onboard eBTC and Add eBTC/WBTC E-Mode
Vote Result: YES
Rationale
Adding eBTC to the Core instance and adding an eBTC/WBTC liquid e-mode would be beneficial since the assets have demonstrated demand via the high utilisation, and will therefore enable users to achieve max capital efficiency. Both risk providers are in favour of the proposal and the parameters have been updated to reflect current market conditions. Lastly, BGD Labs sees no issues with eBTC’s integration with Aave. Therefore, we will vote YES in favour of this proposal.
Onboard rsETH to Arbitrum
Vote Result: YES
Rationale
This is the onchain vote for this Snapshot ARFC that we voted in favour of according to our rationale here. Therefore, we will vote YES in favour of this proposal.
Allow Balancer DAO to Claim Liquidity Mining Rewards (Arbitrum & Base)
Vote Result: YES
Rationale
This is the onchain vote for this Snapshot ARFC that we voted in favour of according to our rationale here. Therefore, we will vote YES in favour of this proposal.
Finance Steward Deployment: Pool Exposure Module
Vote Result: YES
Rationale
This is the onchain vote for this Snapshot ARFC that we voted in favour of according to our rationale here. Therefore, we will vote YES in favour of this proposal.
[TEMP CHECK] Onboard USDtb to Aave v3 Core Instance
Vote Result: YES
Rationale
As per our comment, we’re in favour of this deployment and adding as many tokenised RWAs to Aave as possible. USDtb will play an important role in the Converge chain and it is a good idea for Aave to onboard the asset soon. Therefore, we will vote YES in favour of this proposal.
[ARFC] Add AAVE Token to Aave V3 Base Instance
Vote Result: YES
Rationale
Adding AAVE as collateral to Base makes sense given the deep liquidity on Aerodrome and the support from the two risk service providers. Therefore, we will vote YES in favour of this proposal.
[ARFC] Aave v3.4 Candidate
Vote Result: YES
Rationale
We’re wary about too many upgrades and updates to such a large codebase, as mentioned in our comment, but given that BGD Labs has mentioned that the code will be very carefully reviewed by all concerned parties post the ARFC stage, we are happy to vote YES in favour of this proposal right now.
AAVE Buybacks Allocation
Vote Result: YES
Rationale
This is the onchain vote for this Snapshot ARFC that we voted in favour of according to our rationale here. Therefore, we will vote YES in favour of this proposal.
Orbit Program Renewal
Vote Result: YES
Rationale
This is the onchain vote for this Snapshot ARFC that we voted in favour of according to our rationale here. Therefore, we will vote YES in favour of this proposal.
Risk Steward Parameter Updates Phase 3
Vote Result: YES
Rationale
This is the onchain vote for this Snapshot ARFC that we voted in favour of according to our rationale here. Therefore, we will vote YES in favour of this proposal.
Enhancements in Aave v3 Gnosis Chain Instance
Vote Result: YES
Rationale
This is the onchain vote for this Snapshot ARFC that we voted in favour of according to our rationale here. Therefore, we will vote YES in favour of this proposal.
Request for Bounty Payout - March 2025
Vote Result: YES
Rationale
Releasing payments for bounties is necessary and we will therefore vote YES in favour of this proposal.
[ARFC] Onboard Pendle PT tokens to Aave V3 Core Instance
Vote Result: YES
Rationale
As per our comment, we think the dynamic linear discount rate model, with Chainlink under the hood, makes sense. Both risk providers are in favour of this proposal, as is BGD Labs. Therefore, we will vote YES in favour of this proposal.
[TEMP CHECK] Onboard eUSDe to Aave v3 Core Instance
Vote Result: YES
Rationale
As per our comment, we think it makes sense to onboard eUSDe to Aave v3 Core because competitors already offer integrations, and we’d like to see the analysis at the ARFC stage. Therefore, we will vote YES in favour of this proposal.
[TEMP CHECK] Onboard frxUSD and sfrxUSD to Aave v3 on Sonic Instance
Vote Result: YES
Rationale
We’d like to see further analysis on the revenue opportunities of adding these assets onto Sonic, and also see the analysis from the risk providers at the ARFC stage. Therefore, we will vote YES in favour of this proposal.
[ARFC] Renew LlamaRisk as Risk Service Provider - Epoch 3
Vote Result: YES
Rationale
As per our comment, we are fully in favour of LlamaRisk’s renewal for a term of 1 year and will vote YES in favour of this proposal.
[ARFC] Add stS to Aave v3 Sonic Instance
Vote Result: YES
Rationale
This is the ARFC for this Snapshot TEMP CHECK that we voted in favour of according to our rationale here. Given that both LlamaRisk and Chaos Labs are in favour of this proposal, there are no issues foreseen by BGD Labs in terms of integrating stS into Aave, and that the initial parameters are conservative due to the lack of atomic redemption and fluctuating liquidity, we think it makes sense to support this proposal. Therefore, we will vote YES in favour of this proposal.
[ARFC] stkABPT - Emissions Update
Vote Result: YES
Rationale
Gradually phasing out and sunsetting stkABPT is necessary in 2025 with the introduction of Umbrella. Reducing stkABPT emissions to 240 AAVE/day is sensible, especially with the rewards available for holders still attractive in the market. Therefore, we will vote YES in favour of this proposal.
[ARFC] Aave Liquidity Committee Funding Phase VI
Vote Result: YES
Rationale
The work done to grow GHO has been fantastic and it’s great to see Aave Labs, TokenLogic, and kpk come together to expand GHO across multiple networks. We’re especially excited about the Gnosis opportunity and would love to see GHO become the de-facto Gnosis Card stablecoin. We also think the growth opportunity on Base is significant, and could be the same on Arbitrum, and would like to see that explored further as well. Overall, we’re fully confident that the ALC will continue to support the growth of GHO and will vote YES in favour of this proposal.
[ARFC] GHO Savings Upgrade
Vote Result: YES
Rationale
This is the ARFC for this Snapshot TEMP CHECK that we voted in favour of according to our rationale here. We also like that kpk’s technical proposal was incorporated into this ARFC, and will vote YES in favour of it.