[ARFC] Treasury Management - Convert DAO awETH Holdings to Liquid Staking Tokens

Governance
7

Hi @MarcZeller,

We are currently close to delivering a solution for Aave to gain the ability to acquire assets safely, that has been rigorous tested and peer review by both @bgdlabs and Cowswap teams. This has been the accumulations of several months work. The path to this point has been complex and time consuming, however we are nearing completion of this work.

Hopefully ACI shows support for a very similar strategy on Snapshot next week.

Given the schedule of the above work nearing completion, we are intending to move three governance proposals through Snapshot with voting starting Monday. Our AIP target is late next week pending successful Snapshot vote.

  • Consolidation of Collector Contract assets with the goal of securing Service Provider runway capacity
  • Migrate funds from v2 to v3 and acquire wstETH & rETH (Allocation 1 through 6 in the portfolio)
  • Acquire BB-A-USD split across depositing directly into Balancer’s gauge and Aura’s contract (Allocation 7 and 8 in the portfolio)

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