A proposal will be submitted to extend AAVE emissions for stkAAVE holders for another 180 days, following the completion of the recent reward cycle. The stkAAVE module has proven to be a key component of the AAVE ecosystem, serving as an effective AAVE supply sink with a TVL of $480M, representing 18.8% of the total supply.
Given the successful renewal of stkGHO rewards, this proposal seeks to maintain the same principle by sustaining incentives for stkAAVE holders. It aims to preserve the module’s functionality and prepare for future Umbrella developments, with potential adjustments following the upgrade’s outcomes.
The emissions will continue at the current rate of 360 AAVE/day, and the distribution will be extended for an additional 180 days from the execution date. More information on stkAAVE performance and metrics can be reviewed in the linked dashboards. Importantly, TokenLogic and karpatkey have no financial stake in this proposal.