[ARFC] May Funding Update

With this AIP being already submitted to governance for voting. The May Funding Part A Update will include the following:

Consolidate GHO Funding and Migrate funds from V2 to V3

Perform the following Swaps and migration of assets from Aave v2 to v3. Assets are to be swapped for GHO.

Withdraw & Swap to GHO Migrate Eth v2 to v3 Migrate Pol v2 to v3
aEthDAI (All-1) awETH (All-1) amUSDT (All-1)
aDAI (All-1) amwETH (All-1)
aEthLUSD (All-1) amDAI (All-1)
aEthPYUSD (All-1)
aUSDC (All-1)
DPI (All)
aEthUSDT (1M)

Transfer the following assets to Ethereum.

Polygon Arbitrum Optimism
USDC.e (All) USDC.e (All) USDC.e (All)
aPolUSDC (All-1) aArbUSDC (All-1) aOptUSDC (All-1)
amUSDC (All-1)

Deposit the following small holdings into there respective v3 deployment:

Deposit into Eth v3
LINK

Frontier Funding

The following LSTs are to be unstaked for ETH in order to fund the Frontier initiative.

Unwrap Asset Quantity Methodology
rETH All Use Rocket Pool
wstETH 350 Use Lido

A description of how the ETH is to be deployed has been outlined by ACI here.

Quantity Deployed Provider
248 ETH Stader
2,085 ETH RocketPool
160 ETH StakeWise

The Frontier SAFE 0xCDb4fA6ba08bF1FB7Aa9fDf6002E78EDc431a642 will be able to use the allowance function on 0x464C71f6c2F760DdA6093dCB91C24c39e5d6e18c to claim the equivalent to 2,493 ETH.

Any residual ETH will be deposited into Aave v3.

1 Like