Delegate to Llama

[AIP] Add 1INCH to Aave v2 market

Vote: YAE

Llama reviewed the previously canceled proposal and re-submitted this proposal after it was peer reviewed by @bgdlabs. There is a long history of Aave and 1inch working together and listing the 1INCH token on the Aave market is a great way of extending that relationship. @bgdlabs has verified the proposal, here.

3 Likes

[AIP] Greenlight for GHO

Vote: YAE

Llama is excited about the possibilities of a decentralized asset-backed stablecoin native to the Aave protocol. Llama intends to support the growth and adoption of GHO across DeFi and may consider expressing interest in becoming a facilitator.

Tweet

2 Likes

[Snapshot] Extend SM protection to Aave v2 market on Avalanche

Vote: Llama did not vote

The Avalanche v2 market is obsolete. Users should be encouraged to interact with the Aave v3 market.

  • Note: Index Coop leadership group voted YAE on this proposal which is currently delegated to this wallet.

[Snapshot] Extend SM protection to Aave Arc market Snapshot

Vote: YAE

Llama voted to support extending the Safety Module to cover the Aave Arc Market. The v2 contracts are battle tested and the Arc market can not be easily upgraded to v3 so will remain v2 for the foreseeable future. Extending the Safety Module to the Arc Market will encourage adoption by giving institutions further confidence to interact with the protocol.

  • Note: Index Coop leadership group voted YAE on this proposal which is currently delegated to this wallet.

[Snapshot] Extend SM protection to Aave Arc market

Vote: Llama did not vote

The Polygon v2 market is obsolete. Users should be encouraged to interact with the Aave v3 market.

  • Note: Index Coop leadership group voted YAE on this proposal which is currently delegated to this wallet. Do note, Index Coop has products that currently utilize this market.

Tweet - highlighted that the votes were live, not our vote or rationale

2 Likes

[Snapshot] Risk-Off Framework for the Aave Protocol

Vote: 3%

Llama supports reducing the Liquidation Threshold by 3% to boost the capital efficiency of the market. Ie: The delta between the LT and LTV is reduced. This may lead to more liquidations during volatile periods in the market but that is for Users to manage and Aave has demonstrated an efficient liquidation mechanism.

2 Likes

[AIP] Appoint Securitize as a Whitelister to Aave Arc

Vote: YAE

Adding Securitize to the Aave Arc Market whitelist is expected to help grow the amount of Users who can interact with the market. Noting: @bgdlabs has verified the proposal, here. Llama and 3SE helped source the proposal power and submitted this AIP for voting.

2 Likes

[AIP] Risk Parameter Updates for Aave V2 (2022-08-03)

Vote: YAE

Llama is supportive of Gauntlets risk analysis findings across the Ethereum v2 market. Noting: @bgdlabs has verified the proposal, here and the community discussion, here.

2 Likes

[Snapshot] [ARC] Add MaticX to Polygon v3 Market

Vote: YAE

Llama is supportive of the asset listing and is working with Stader in preparing the AIP for the Aave community to vote on. Llama believes productive tokens like staked asset receipt tokens such as stMATIC and MaticX are great types of collateral. The recursive strategy should be a meaningful source of TVL and source of borrowing demand for wMATIC which in turn will attract more wMATIC deposits. Llama is working with Stader to bring this proposal to an on-chain vote shortly.

2 Likes

[Snapshot] [ARC] Ethereum v2 Reserve Factor - aFEI Holding Update

Vote: YAE

The FEI Reserve is to be frozen and Tribe DAO is removing support for FEI. It is therefore in the best interest of Aave DOA to minimise exposure to aFEI and FEI within the Reserve Factor. Llama is working to bring this proposal to an on-chain vote shortly.

2 Likes

[Snapshot] [ARC] Risk Parameter Updates for Ethereum Aave v2 Market

Vote: YAE

After recent events at Tribe DAO it is prudent for the Aave community to begin reducing exposure to the FEI Reserve. Liquidity for FEI will only deteriorate in time. Llama is working to bring this proposal to an on-chain vote shortly.

1 Like

[AIP] V3 Retroactive Funding

Vote: YAE

Aave v3 is the future and this proposal recognises the efforts of Aave Companies contribution to the community.

1 Like

[AIP] Add stMATIC to Aave v3 pool on Polygon

Vote: YAE

Llama is supportive of adding stMATIC to the Aave v3 Polygon Pool and welcomes more productive assets to the Pool.

1 Like

[AIP] Re-enable ETH Borrowing

Vote: YAE

Happy merge! With the merge being a resounding success and markets have returned to more normal levels. Llama is a supporter of enabling ETH borrowing. There are a number of leverage strategies built on Aave that borrow ETH and enabling borrowing will enable these strategies to rebalance and offer a better User Experience to holders.

1 Like

[AIP] Add MaticX to Aave v3 Polygon Pool

Vote: YAE

Llama is supportive of adding MaticX to the Aave v3 Polygon Pool and welcomes more productive assets to the Pool. It is great to offer a variety of staked MATIC receipt tokens as collateral on Aave v3 Polygon Pool.

1 Like

[Snapshot] Whitelist Balancer’s Liquidity Mining Claim

Vote: YAE

This proposal is like the earlier Curve Finance proposal, Aave should be encouraging communities to build on Aave Pools. Helping communities to retrieve stkAAVE rewards further encourages partners to work with Aave. Llama is for this proposal and is working with Balancer to bring this proposal to an on-chain vote shortly.

2 Likes

[Snapshot] [ARC] Risk Parameter Updates for Aave V2

Vote: YAE

Llama is supportive of the risk updates from Gauntlet to stETH and wBTC on Aave v2.

1 Like

[Snapshot] Aave v3 Ethereum. Approval of path forward

Vote: Deploy a new Aave v3 Ethereum

Llama is supportive of making a new v3 deployment on Ethereum. As noted in the governance discussion, the complexity and added risk of a migration along with other benefits like being able to review assets listed and support GHO liquidity makes a new deployment more beneficial for Aave.

1 Like

[AIP] Adjust Aave Governance Level 2 requirements

Vote: YAE

Llama voted for making adjustments to the level 2 governance requirements. Relaxing these requirements will make it easier to pass proposals related to the safety module, the AAVE token and Aave governance. The recommendations from bgdlabs are a good balance between enabling future progress for the protocol while prioritizing security.

2 Likes

[AIP] Risk Parameter Updates for Aave V2 ETH (2022-10-06)

Vote: YAE

Llama is supportive of the risk updates from Gauntlet to stETH and wBTC on Aave v2.

1 Like

[AIP] Whitelist Balancer’s Liquidity Mining Claim

Vote: YAE

Helping communities to retrieve stkAAVE rewards encourages partners and communities to build on Aave Pools. Further, Balancer is already a strategic partner so this will further align Balancer with Aave.

1 Like

[AIP] FEI Reserve Factor Update

Vote: YAE

This proposal fixes an unintended side effect from setting the FEI Reserve Factor to 100% in AIP 96. Thanks to BGD for spotting this error and their thorough response.

1 Like