GHO Development Update

Hi @AaveLabs,

Would it be possible for the community to learn if @AaveLabs plans to seek retrospective payment for developing GHO ? And if so, can guidance be provided ?

This information is needed on the forum, as the DAO’s runway analysis is based solely on publicly available information. It is common for companies to provide cost and schedule guidance for material projects under development.

Engineering projects typically have a decision gate (Final Investment Decision) where cost, lead time, economic impact and challenges are all required inputs. Thereafter, cost and schedule updates should feature in market updates. Delays in GHO would affect the forward guidance, if the DAO was issued such guidance.

Sharing the additional cost of pivoting from v2 to a v3 deployment had the potential to influence if the ethereum v2 market was to be upgraded or not. The additional cost and any delay should have been disclosed in my honest opinion, especially if this is an expense the DAO will be asked to reimburse.

More generally, I think Aave Companies should publish a proposal like Gauntlet and Llama detailing a scope of work, timeline and KPIs. This will standardise relationships with the DAO, provide much needed transparency and give the community some kind of forward guidance / roadmap to look forward to. At the moment it appears adhoc and costs are emerging well after they are incurred.

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