[ARFC] Proposal to Allocate AGD treasury to Aave DAO

[ARFC] Proposal to Allocate AGD treasury to Aave DAO

Author: ACI

Date: 2025-02-03

Summary

This is a proposal to allocate Aave Grants DAO (AGD) treasury to Aave DAO, since Aave Grants DAO is winding down.

Motivation

Following the latest update by 0xbill on AGD journey, and next steps (Reflecting on AGD’s Journey and Next Steps )which is the result of Update from Aave Grants: Winding Down AGD 1.0 and What’s Next, where operations were announced to be wounded down and team disbanded, in August 2024, Aave Grants DAO still controls a treasury of mixed assets, that we believe should be disbursed back to Aave DAO, that will decide its utility and destination.

AGD Treasury

Asset # of Tokens Held in Treasury or Allowance
DAI 478.61
GHO 321,768.10
USDC 6,738.05
USDT 7,281.89
SAFE 5,243.26
AAVE 2,275.81
OP 259,221.75

Specification

Send AGD treasury to Aave DAO collectors:

Aave V3 Ethereum Collector : 0x464C71f6c2F760DdA6093dCB91C24c39e5d6e18c

Aave V3 Optimism Collector:

0xB2289E329D2F85F1eD31Adbb30eA345278F21bcf

Aave V3 Gnosis Collector:

0xB5b64c7E00374e766272f8B442Cd261412D4b118

Useful Links

ARC: Aave Community Grants Program

Update from Aave Grants: Winding Down AGD 1.0 and What’s Next

Reflecting on AGD’s Journey and Next Steps

Disclaimer

This proposal is powered by Skywards. ACI is not directly affiliated with Aave Grants DAO and did not receive compensation for creation this proposal.

Next Steps

  1. Publication of a standard ARFC, collect community & service providers feedback before escalating proposal to ARFC snapshot stage.
  2. If the ARFC snapshot outcome is YAE, publish an AIP vote for final confirmation and enforcement of the proposal.

Copyright

Copyright and related rights waived under CC0.

5 Likes

As I said in the AGD downwinding proposal I am supportive of having these assets in the Aave treasury and then decide on what to do with these.

6 Likes

The current proposal has been escalated to ARFC Snapshot.

Vote will start tomorrow, we encourage everyone to participate.

1 Like

After Snapshot monitoring, the current ARFC Snapshot ended recently, reaching out both Quorum and YAE as winning option, with 723.7K votes.

Therefore [ARFC] Proposal to Allocate AGD treasury to Aave DAO has passed.

Next step will be the publication of an AIP for final confirmation and enforcement of the proposal.