Governance Weekly Recap [2024]

Governance Updates: Week of January 8, 2024

Key Topics

Aave V3 Deployment on Neon EVM Mainnet

The forum post discusses a proposal for deploying Aave V3 on Neon EVM Mainnet to expand into the Solana ecosystem. Neon EVM, built on Solana, allows Ethereum dApps to operate on Solana with high transaction speed and low fees. The move aims to leverage Solana’s growing DeFi ecosystem and integrate Aave’s lending protocol into it, potentially boosting user base, TVL, and revenue. It suggests limited asset deployment with conservative risk parameters for safety. Concerns are raised regarding Neon EVM’s TVL and infrastructure readiness, with a suggestion to observe Neon’s progress before committing.

Launch Aave V3 on Kava EVM

The Snapshot vote for launching Aave on Kava EVM has successfully passed. It highlights Kava’s EVM compatibility and liquidity, proposing a potential expansion for Aave. The discussion includes the Kava Rise program and potential liquidity mining rewards. The integration would allow Aave to access Cosmos assets, potentially impacting its market position. Supported by the Kava Foundation, the proposal is currently at the snapshot voting stage, indicating active community engagement.

Aave V3 Deployment on Scroll mainnet

The proposal discusses deploying Aave V3 on Scroll mainnet, a zk-rollup platform enhancing Ethereum’s scalability. It plans limited asset onboarding and conservative risk parameters for early strategic presence in Scroll’s ecosystem. The deployment includes collaterals like WETH, USDC, wstETH, and borrowing assets. It’s supported by $500,000 USD in $AAVE liquidity, ensuring security and minimized risk. The initiative aims to leverage Scroll’s robust security, audits, and decentralized network, potentially expanding Aave’s influence in new markets.

Updated Aave Grants Continuation Proposal

The proposal for Aave Grants DAO (AGD) aims for a six-month continuation, adjusting its treasury and increasing GHO allowance to $328,000. AGD plans $500,000 quarterly developer grants to foster Aave culture and GHO adoption, aligning with current market conditions. The proposal includes enhanced accountability, new grant initiatives, and effective treasury management, reflecting AGD’s commitment to community engagement and development support. The snapshot by the proposal received majority abstain votes.

Service Provider and Partner Updates

Updates from Aave Service providers and partners:




Delegate Platforms

Updates and communications from the Aave delegates: