title: [ARFC] Set osETH & SWISE Emission Admin to StakeWise
author: @karpatkey_TokenLogic & @ACI
created: 2024-02-09
Simple Summary
This proposal enables StakeWise to distribute osETH and/or SWISE rewards across Aave v3 on Ethereum.
Motivation
With osETH being added to Aave v3 Ethereum in the near future, this publication enables StakeWise to emit osETH and/or SWISE rewards across Aave v3 on Ethereum.
StakeWise intends to use the rewards to support the continued growth and adoption of osETH.
Specification
The EmissionManager, a governance controlled function, assigns the Emission_Admin role for a specified token, osETH and SWISE on the Ethereum network.
The Emission_Admin role controls the distribution of the specified token, osETH and SWISE , across the specified Aave v3 deployment.
The Emission_Admin can distribute osETH and SWISE anywhere across the Aave v3 Ethereum Liquidity Pool.
Implementation
Set Emission_Admin permission for osETH and SWISE to the following StakeWise Liquidity Committee Master SAFE address:
Aave v3 Ethereum
Address Reward (SWISE): 0x48C3399719B582dD63eB5AADf12A40B4C3f52FA2
Address Reward (osETH): 0xf1C9acDc66974dFB6dEcB12aA385b9cD01190E38
EMISSION_ADMIN: 0x189Cb93839AD52b5e955ddA254Ed7212ae1B1f61
The AIP call setEmissionAdmin() method in the emission_manager contract.
EMISSION_MANAGER.setEmissionAdmin(SWISE,EMISSION_ADMIN);
EMISSION_MANAGER.setEmissionAdmin(osETH,EMISSION_ADMIN);
Disclosure
TokenLogic, karpatkey and ACI receive no payment for this proposal. TokenLogic and karpatkey are both delegates within the Aave community.
Next Steps
- Gather feedback from the community and risk service providers.
- If consensus is reached on this ARFC, escalate this proposal to the Snapshot stage.
- If Snapshot outcome is YAE, escalate this proposal to AIP stage
Copyright
Copyright and related rights waived via CC0.