title: [ARFC] Treasury Manage - GHO Liquidity Committee
This publication proposes creating and funding the GHO Liquidity Committee for an initial 3 month duration.
Following on from a success TEMP CHECK, this publication progresses the creation of the GHO Liquidity Committee to the next step of the Aave governance process.
Details relating to the committee are shown below:
- Creation of Committee
- GHO Liquidity Strategy
- Include Sommelier’s Turbo GHO Vault with further details here
Further to the initial proposal GHO Liquidity Strategy, we are revising the Uniswap v3 strategy to include Sommelier’s Turbo GHO Vault which actively manages liquidity in the GHO/USDC pool. This amendment will enable the LMC to allocate incentives to the Turbo GHO Vault without increasing the overall budget. The Sommelier team will be co-incentivising the Turbo GHO Vault.
A Gnosis SAFE will be created and used to manage the GHO budget. The SAFE Signers are detailed below.
|Matthew Graham (TokenLogic)||0xb647055A9915bF9c8021a684E175A353525b9890|
|Emilio (Aave Companies)||0x9C3E82658d10064121048A21c69978D3400abb25|
|Marc (Aave Chan Initiative)||0x329c54289Ff5D6B7b7daE13592C6B1EDA1543eD4|
|TokenBrice (DeFi Collective)||0xAA7A9d80971E58641442774C373C94AaFee87d66|
To fund the multisig, the following assets within the Treasury are to be swapped to GHO:
- 406,000 aEthDAI
5 ETH and 406,000 units GHO are to be transferred from the Treasury to the Liquidity Committee multisig.
TokenLogic receives no payment from beyond Aave protocol for the creation of this proposal. TokenLogic is a delegate within the Aave ecosystem.
Copyright and related rights waived via CC0.