Governance Weekly Recap

Governance
32

Week of February 27, 2023

Highlights

AIP 165 has passed, “executing the first part of the rescue mission for tokens sent by mistake to the ecosystem” says BGD Labs in a tweet. AIP 166, “Rescue Mission Phase 1 Long Executor,” still needs to meet the quorum of over 1 million AAVE — but it’s getting closer.

Here’s Aave News #90.

Proposals

:speaking_head: Aave Improvement Proposals (AIPs):

  • Risk Parameter Updates Aave V3 Arbitrum (171). Voting starts March 7.
  • Supply/Borrow Cap Updates V3 Arbitrum, Optimism, Polygon (170). Voting starts March 7.
  • Increase supply cap for wstETH Aave Arbitrum V3 (169). Voting starts March 7.
  • Add CRV to Ethereum v3 (168). Voting ends March 7.
  • MaticX Risk Parameter & Interest Rate Upgrade (167). Succeeded with 100% voting YAE and was executed on March 6.
  • Rescue Mission Phase 1 Long Executor (166). Voting ends on March 10.
  • Rescue Mission Phase 1 Short Executor (165). Succeeded with 100% voting YAE and was executed on March 4.

:speaking_head: On Snapshot:

  • Chaos Labs Risk Parameter Updates - Aave V3 Optimism - 2023.02.28. Voting starts on March 7.
  • [ARFC] Activate emode for cbETH Aave Ethereum V3. Voting starts on March 7.
  • [ARFC] BUSD Offboarding Plan. Voting ends on March 9.
  • Supply and Borrow Cap Updates - Aave V3 Avalanche. Passed on March 5 with nearly 100% voting “Agressive.”
  • [ARFC] Proposal for Deploying “Whitelabel” Aave V3 Market for RealT Tokens on GnosisChain. Passed on March 5 with nearly 100% voting YAE.
  • [ARC]- Chaos Labs Risk Parameter Updates - Aave V3 Ethereum - 2023.02.22. Passed on March 3 with nearly 100% voting YAE.
  • ARC Spark Lend Profit Share Proposal. Passed on March 2 with nearly 100% voting for “entire profit share direct payment.”
  • Chaos Labs Risk Parameter Updates - Aave V3 Arbitrum. Passed on March 1 with nearly 100% voting YAE.

:speaking_head: Provide your feedback on these active Aave Requests for Comment (ARCs):

  • [ARFC] AgEUR risk parameters Aave Polygon V3 update.
  • [ARC] RWA Facilitator Onboarding Framework. Discussion continues.
  • [ARC] Gauntlet Risk Parameter Updates for Arbitrum and Polygon Aave V3 (2023-03-03).
  • [ARFC] GHO Genesis Parameters.
  • [ARC] Recover exploited assets stuck on Aave V3 for Platypus Finance on Avalanche. Discussion continues.
  • [ARFC] Add YFI to Ethereum v3. Discussion continues.
  • [ARC] - Whitelist Hashflow/Wormhole for V3 Portals
  • [ARFC] Add SNX to Ethereum v3. Discussion continues.
  • [ARFC] Add UNI to Ethereum v3. Parameter recommendations from Chaos Labs.
  • [ARFC - Temp check] “MVP” V3 deployment on ZkEVM mainnet.
  • [ARFC] Add LUSD to Optimism V3 Market.
  • [ARFC] Onboard AgEUR to Aave Arbitrum V3.
  • [ARFC] Onboard AgEUR to Aave Optimism V3.

In the Forums

Technical upgrade for the Safety Module smart contracts, presented by @bgdlabs.

Safety Module discussion continues, with governance impact separately discussed.

Monthly updates from Gauntlet.

Month 5 update from Llama.

Monthly community update from Chaos Labs.

Delegate platform updates from @lbsblockchain, @BlockChainAtColumbia, @WintermuteGovernance, @HKUST_EPI_BLOCKCHAIN, and @Kene_StableLab.

Quick Gov Links: Governance FAQ | Governance Docs | Discord Governance Channel | Snapshot | AIPs | Aave on Boardroom