# \[ARFC\] Proposal to Allocate AGD treasury to Aave DAO **URL:** \ **Category:** General\ **Created:** [February 3, 2025, 9:20am UTC](https://governance.aave.com/t/arfc-proposal-to-allocate-agd-treasury-to-aave-dao/20897 "2025-02-03T09:20:09Z")\ **Posts on this page:** 4\ **Page:** 1
**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:** [February 3, 2025, 9:20am UTC](https://governance.aave.com/t/arfc-proposal-to-allocate-agd-treasury-to-aave-dao/20897/1 "2025-02-03T09:20:09Z")
## [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](https://governance.aave.com/t/reflecting-on-agd-s-journey-and-next-steps/20792) )which is the result of [Update from Aave Grants: Winding Down AGD 1.0 and What’s Next](https://governance.aave.com/t/update-from-aave-grants-winding-down-agd-1-0-and-what-s-next/18707), 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**](https://governance.aave.com/t/arc-aave-community-grants-program/3642) [**Update from Aave Grants: Winding Down AGD 1.0 and What’s Next**](https://governance.aave.com/t/update-from-aave-grants-winding-down-agd-1-0-and-what-s-next/18707) [**Reflecting on AGD’s Journey and Next Steps**](https://governance.aave.com/t/reflecting-on-agd-s-journey-and-next-steps/20792) ## **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](https://creativecommons.org/publicdomain/zero/1.0/). ---
**Author:** ![EzR3aL](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/ezr3al/32/10721_2.png) [@EzR3aL](https://governance.aave.com/u/EzR3aL)\ **Post date:** [February 3, 2025, 10:11am UTC](https://governance.aave.com/t/arfc-proposal-to-allocate-agd-treasury-to-aave-dao/20897/2 "2025-02-03T10:11:01Z")
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. ---
**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:** [February 10, 2025, 11:57am UTC](https://governance.aave.com/t/arfc-proposal-to-allocate-agd-treasury-to-aave-dao/20897/3 "2025-02-10T11:57:06Z")
The current proposal has been escalated to [ARFC Snapshot](https://snapshot.box/#/s:aave.eth/proposal/0x1c0f3a4966a2af2fa39439d078ab8359a316b9a0d799c4abb046530624206abd). Vote will start tomorrow, we encourage everyone to participate. ---
**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:** [February 17, 2025, 7:41am UTC](https://governance.aave.com/t/arfc-proposal-to-allocate-agd-treasury-to-aave-dao/20897/4 "2025-02-17T07:41:30Z")
After Snapshot monitoring, the current [ARFC Snapshot](https://snapshot.box/#/s:aave.eth/proposal/0x1c0f3a4966a2af2fa39439d078ab8359a316b9a0d799c4abb046530624206abd) 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 ](https://governance.aave.com/t/arfc-proposal-to-allocate-agd-treasury-to-aave-dao/20897) has passed. Next step will be the publication of an AIP for final confirmation and enforcement of the proposal.