title: [ARFC] Update Signers and SAFE Configuration
author: @TokenLogic
created: 2025-06-24
Summary
This publication proposes updating the signer configurations on several operational SAFE wallets to improve execution robustness and overall efficiency.
Motivation
As the Aave ecosystem continues to grow, operational efficiency across SAFE-managed assets and working groups is becoming increasingly important. Several current configurations have shown signs of friction due to limited signer coverage, time zone dispersion, and increased workload demands.
The value of assets held across each SAFE is shown on the TokenLogic Treasury Dashboard, within the sub-account section: Aave Analytics | TokenLogic
To improve execution reliability and security of funds held across a variety of SAFEs, this publication proposes the following:
- Consolidating signers to reflect Aave Finance Committee (AFC) across SAFEs that hold DAO assets
- Each approved budget has a designated SAFE for easy tracking and reporting
- Introduce Zodiac roles that enable a separate SAFE to receive a spending allowance equivalent to approx. 2 weeks working capital
- Add 2nd signer from the primary responsible team to provide a level of redundancy
- Transfer of funds requires signers from at least two different Service Providers
- Assigning voting rights to SAFEs with lower signer count to support operational efficiency
- 1 signer for off-chain votes, votes can be over-written
- 2 signers for on-chain votes, votes require one review
- Where practical, a Proposer Role is assigned to individuals enabling transactions to be submitted for review and approval by various team members.
The following SAFE signer and permission updates are proposed:
APE SAFE
- Transfer Assets to a new SAFE Address with AFC composition
- Delegate voting rights back to the original APE SAFE 3 of 7 signers requirement is maintained
- Add Emile from TokenLogic, add Chris from ALC and remove kpk from existing SAFE that becomes the Voting SAFE with 2 of 5 signer requirement.
Assets SAFE (3 of 4): 0xAA43203167317DeeF8288095C44b84a686918d2E
Voting SAFE (2 of 5): 0xa9e777D56C0Ad861f6a03967E080e767ad8D39b6
Aave Liquidity Committee (ALC) SAFE
- Delegate voting rights (vlAURA and sdCRV) to the ALC Voting SAFE with 1 of 4 Signer requirement. This SAFE does not hold any assets and all votes are on Snapshot, therefore can be overwritten if required.
- Create an ALC Incentive SAFE with an Allowance from the ALC Main SAFE sufficient to support 1-2 weeks operational expenses with 2 of 4 signers requirement.
- Update ALC SAFE to have the same signer composition as the AFC, changing from 3 of 5 to 3 of 4 signer requirement.
- Add Emile from TokenLogic and Figue from Trevee to ALC Voting and ALC Incentive SAFEs. Figue was a signer on the ALC Main SAFE.
ALC SAFE (3 of 4):0xA1c93D2687f7014Aaf588c764E3Ce80aF016229b
ALC Voting SAFE (1 of 4):0xAA484Ba6a7f51f00A3f82a11e73b741AE1dEAB58
ALC Incentive SAFE (2 of 4):0xAAB6f926DCDaE536F54ce58478Dbc1a0d0f98871
Ahab & Merit SAFE
- Assign Ahab and Merit budgets to different SAFEs. By holding a longer duration of funding, increasing from 3 months to up to 6 months, the value of assets held on the SAFE increases and supports a higher signer requirement.
- A separate proposal is being prepared that extends/repurposes the Ahab budget as part of a broader Aave growth effort. Separating the Merit and Ahab budgets supports easier tracking and monitoring of funding allocations.
- Update Merit SAFE and create a new Ahab SAFE to have the same signer composition as the AFC, changing from 2 of 3 to 3 of 4 signer requirement.
Merit SAFE (3 of 4): 0xdeadD8aB03075b7FBA81864202a2f59EE25B312b
Merit Incentive SAFE (3 of 5): 0xAA870e4B82deaDa3727235f34183Ec9B728714C8
Ahab SAFE (3 of 4): 0xAA2461f0f0A3dE5fEAF3273eAe16DEF861cf594e
Ahab Incentives SAFE (3 of 5): 0xAAd742dd9111373ec3C1E53b005e870d4CfF3be2
Frontier SAFE
- Update Frontier SAFE to have the same signer composition as the AFC, changing from 2 of 3 to 3 of 4 signer requirement.
Frontier SAFE (3 of 4): 0xCDb4fA6ba08bF1FB7Aa9fDf6002E78EDc431a642
Aave Finance Committee (AFC)
- Allocate the CEX Earn Program funding to a second AFC SAFE with the same signer count 3 of 4 to streamline budget management and maintaining analytics dashboards
- Create a CEX Incentive SAFE that is funded periodically to support weekly operational expenses with 3 of 5 signers requirement. The Incentive SAFE is expected to hold 1-2 weeks of budget and streamline operations with the introduction of an additional signer.
- Add Emile from TokenLogic to AFC CEX Incentive SAFE as a signer.
AFC SAFE (3 of 4):0x22740deBa78d5a0c24C58C740e3715ec29de1bFa
AFC CEX Earn SAFE (3 of 4): 0xAA12BAd4a501d45A5b771e49C2Fd415BA8BFc79d
AFC CEX Incentive SAFE (3 of 5):0xaa7A1910BA79B6A2E385ebA26185aA2dCB9B8eAd
In recognising @Figue’s continuous support to the ALC, this publication proposes a 2k GHO per month retainer. The unbiased and insightful value Figue provides enhances the ALC decision making capability. Furthermore, Figue is one of the most dependable signers and this funding, to be paid from the ALC budget, recognises Figue’s ongoing support to the Aave DAO.
Specification
The below provides a visual of the the various SAFEs and their respective Signer configuration.
Do note, the Proposer Roles are subject to change and are not shown on the image above. Further information relating to Zodiac roles using Spending Limits can be found here.
Each signer’s address and each SAFE address can be found within the Aave Address Book by @bgdLabs, https://search.onaave.com/.
The 2k GHO monthly retainer for @Figue shall be paid from the start of July 2025 from the existing ALC budget.
In addition, the Gho Steward SAFE shall be updated to match the AFC composition. The broader Risk Steward role is to remain unchanged.
Next Steps
- Gather feedback from the community.
- If consensus is reached on this ARFC, escalate this proposal to the Snapshot stage.
- If Snapshot outcome is YAE, TokenLogic shall implement this proposal.
Disclaimer
TokenLogic does not receive any payment for this proposal.
Copyright
Copyright and related rights waived via CC0.