# \[ARFC-ADDENDUM\] Aave DAO & Chainlink Smart Value Recapture (SVR)

**URL:** https://governance.aave.com/t/arfc-addendum-aave-dao-chainlink-smart-value-recapture-svr/21358
**Category:** General
**Created:** [March 12, 2025, 3:21pm UTC](https://governance.aave.com/t/arfc-addendum-aave-dao-chainlink-smart-value-recapture-svr/21358 "2025-03-12T15:21:15Z")
**Posts on this page:** 4
**Page:** 1

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### Author: ![ACI](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/aci/32/4780_2.png) [@ACI](https://governance.aave.com/u/ACI)
#### Post date: [March 12, 2025, 3:21pm UTC](https://governance.aave.com/t/arfc-addendum-aave-dao-chainlink-smart-value-recapture-svr/21358/1 "2025-03-12T15:21:15Z")

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## [ARFC-ADDENDUM] Aave DAO & Chainlink Smart Value Recapture (SVR)

## Author: ACI

## Date: 2025-03-12

* * *

## Summary

The current proposal pretends to formalize a six-month collaboration agreement between Aave DAO and Chainlink regarding the potential integration of Chainlink’s Smart Value Recapture (or SVR) system.

## Motivation

The DAO is currently discussing the activation of Chainlink’s SVR system in Phase 1, (as its currently being discussed at [ARFC Snapshot stage](https://snapshot.box/#/s:aave.eth/proposal/0xe260268c607f20c85d1f93323f2f58b05f202916e0d3dbf55a8c335ed9be92da/discussion))

If proposal passes, SVR is expected to enhance Aave’s value recapture in liquidation scenarios, potentially generating significant additional revenue.

Therefore it makes sense to formalize an agreement that would include a revenue sharing model and exclusivity to align incentives and ensure focused development on the Aave ecosystem.

This proposal is an addendum of [**[ARFC] Aave \<\> Chainlink SVR v1. Phase 1 activation**](https://governance.aave.com/t/arfc-aave-chainlink-svr-v1-phase-1-activation/21247).

## Specification

**Revenue Sharing Mechanism**

- The revenue split initially proposed will be set to:
  - **65% to Aave**
  - **35% to Chainlink**

- This distribution will be in effect for six months from the date of activation of the first SVR in Aave pools.
- Chainlink will send the proceeds of SVR directly to the Aave Ethereum Collector on [Aave: Treasury Collector V2 | Address: 0x464C71f6...9e5d6e18c | Etherscan](https://etherscan.io/address/0x464C71f6c2F760DdA6093dCB91C24c39e5d6e18c), weekly or any reasonable minimal period for gas cost of the transfer being substantially lower than the value transferred

**Mutual Exclusivity Terms**

- During a 3-month period:
  - Aave will exclusively work with Chainlink for price oracle SVR-related value recapture.
  - Chainlink will exclusively provide SVR services to Aave.

## Implementation

After the 6 months period, a new ARFC can be proposed, to reassess and redefine the collaboration terms ( based on feedback, metrics, etc).

## Useful Links

[**[TEMP CHECK] Aave \<\> Chainlink SVR v1 integration**](https://governance.aave.com/t/temp-check-aave-chainlink-svr-v1-integration/20378)

[**[ARFC] Aave \<\> Chainlink SVR v1. Phase 1 activation**](https://governance.aave.com/t/arfc-aave-chainlink-svr-v1-phase-1-activation/21247)

**[TEMP CHECK Snapshot](https://snapshot.org/#/s:aave.eth/proposal/0x29721c3f2d61a793b310720ffd671fe349b4f9603f066e0f5644a40e59549b96)**

[**[ARFC Snapshot]**](https://snapshot.box/#/s:aave.eth/proposal/0x29721c3f2d61a793b310720ffd671fe349b4f9603f066e0f5644a40e59549b96/discussion)

## **Disclaimer**

The current proposal is powered by Skywards. ACI is not directly affiliated with Chainlink and did not receive compensation to this proposal.

## **Next Steps**

1. Escalate proposal to ARFC Snapshot.
2. If the ARFC snapshot outcome is YAE, consider the proposal canon and enforce the agreement.

## **Copyright**

Copyright and related rights waived under [CC0](https://creativecommons.org/publicdomain/zero/1.0/).

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<div class="post-metadata">

### Author: ![ACI](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/aci/32/4780_2.png) [@ACI](https://governance.aave.com/u/ACI)
#### Post date: [March 13, 2025, 11:05am UTC](https://governance.aave.com/t/arfc-addendum-aave-dao-chainlink-smart-value-recapture-svr/21358/2 "2025-03-13T11:05:07Z")

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The current proposal has been escalated to [ARFC Snapshot](https://snapshot.box/#/s:aave.eth/proposal/0x2b9f5615f406bf4d726c62e9a2b0eba25bbb3b0f50c3ad73ca78b7367492705d).

Vote will start tomorrow, we encourage everyone to participate.

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<div class="post-metadata">

### Author: ![ACI](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/aci/32/4780_2.png) [@ACI](https://governance.aave.com/u/ACI)
#### Post date: [March 18, 2025, 8:36am UTC](https://governance.aave.com/t/arfc-addendum-aave-dao-chainlink-smart-value-recapture-svr/21358/3 "2025-03-18T08:36:13Z")

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After Snapshot monitoring, the current [ARFC Snapshot](https://snapshot.box/#/s:aave.eth/proposal/0x2b9f5615f406bf4d726c62e9a2b0eba25bbb3b0f50c3ad73ca78b7367492705d) ended recently reaching both Quorum and YAE as winning option with 783,400 votes.

Therefore [[ARFC-ADDENDUM] Aave DAO & Chainlink Smart Value Recapture (SVR)](https://governance.aave.com/t/arfc-addendum-aave-dao-chainlink-smart-value-recapture-svr/21358) has PASSED.

As proposal has passed this is CANON so agreement is applicable.

Closing thread.

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<div class="post-metadata">

### Author: ![ACI](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/aci/32/4780_2.png) [@ACI](https://governance.aave.com/u/ACI)
#### Post date: [March 18, 2025, 8:36am UTC](https://governance.aave.com/t/arfc-addendum-aave-dao-chainlink-smart-value-recapture-svr/21358/4 "2025-03-18T08:36:17Z")

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