# Governance Weekly Recap **URL:** \ **Category:** Governance\ **Created:** [September 19, 2022, 8:40pm UTC](https://governance.aave.com/t/governance-weekly-recap/9937 "2022-09-19T20:40:34Z")\ **Posts on this page:** 1\ **Showing post:** 33
**Author:** ![duncand](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/duncand/32/2269_2.png) [@duncand](https://governance.aave.com/u/duncand)\ **Post date:** [March 13, 2023, 10:57am UTC](https://governance.aave.com/t/governance-weekly-recap/9937/33 "2023-03-13T10:57:18Z")
## Week of March 6, 2023 ### Highlights Gauntlet, Chaos Labs, and others [discuss](https://governance.aave.com/t/arc-stablecoin-volatility-risk-parameter-recomendations/12241) recommended actions given the recent news concerning the collapse of Silicon Valley Bank and its affect on stablecoins. StableLab introduces ideas for governance [process improvements](https://governance.aave.com/t/arc-aave-governance-process-improvements/12234). It’s been another crazy week. ### Proposals πŸ—£ Aave Improvement Proposals (AIPs): - **GHST Polygon V3 Soft Freeze** ([177](https://app.aave.com/governance/proposal/?proposalId=177)). Voting ends March 13. - **BUSD Offboarding Plan** ([176](https://app.aave.com/governance/proposal/?proposalId=176)). Voting ends March 13. - **CRV Interest Rate Curve Upgrade** ([175](https://app.aave.com/governance/proposal/?proposalId=175)). Queued for execution. - **Risk Parameter Updates for MKR - Aave V2 Ethereum** ([174](https://app.aave.com/governance/proposal/174/)). - **increase supply cap for cbETH Aave Ethereum V3** ([173](https://app.aave.com/governance/proposal/173/)). Failed quorum on March 11. - **stMATIC SupplyCap Increase Polygon v3** ([172](https://app.aave.com/governance/proposal/?proposalId=172)). Queued for execution. - **Risk Parameter Updates Aave V3 Arbitrum** ([171](https://app.aave.com/governance/proposal/?proposalId=171)). Succeeded with 100% voting YAE and was executed on March 11. - **Supply/Borrow Cap Updates V3 Arbitrum, Optimism, Polygon** ([170](https://app.aave.com/governance/proposal/?proposalId=170)). Succeeded with 100% voting YAE and was executed on March 11. - **Increase supply cap for wstETH Aave Arbitrum V3** ([169](https://app.aave.com/governance/proposal/?proposalId=169)). Succeeded with 100% voting YAE and was executed on March 10. - **Add CRV to Ethereum v3** ([168](https://app.aave.com/governance/proposal/?proposalId=168)). Succeeded with 100% voting YAE and was executed on March 8. - **MaticX Risk Parameter & Interest Rate Upgrade** ([167](https://app.aave.com/governance/proposal/167/)). Succeeded with 100% voting YAE and was executed on March 6. - **Rescue Mission Phase 1 Long Executor** ([166](https://app.aave.com/governance/proposal/?proposalId=166)). Queued for execution. πŸ—£ On Snapshot: - **[ARFC] Deploy BAL & aBAL from the Collector Contract**. [Voting](https://snapshot.org/#/aave.eth/proposal/0x329423c53be784d6d77dd95c21cf80714fd06bac145efedebc340b3f26a7773d) starts on March 13. - **[ARFC] Extend Safety Module Coverage to Polygon v3**. [Voting](https://snapshot.org/#/aave.eth/proposal/0x6045a328e60be9369c4cd87a6b444d88fa1e1e3862d240f244e4190414e8f132) starts on March 13. - **[ARFC] Onboard AgEUR to Aave Optimism V3**. [Voting](https://snapshot.org/#/aave.eth/proposal/0x2d95f68ace3009c73bdc7b3715c2ede496dc8466e42dc047fb092e45a389e29f) ends on March 14. - **[ARFC] Onboard AgEUR to Aave Arbitrum V3**. [Voting](https://snapshot.org/#/aave.eth/proposal/0xc1b258de8d634ec1dbbe6a7336834b24fbe4046f8376ac14b841e8cbfc6a607d) ends on March 14. - **[ARC] Platypus Finance Rescue Mission**. [Voting](https://snapshot.org/#/aave.eth/proposal/0xb80935da09635bb06455d3db1a34aac2af287b621c10745b0ea7087d7fdfeccc) ends on March 14. - **[ARC] Extend Aave DAO with EIP-4824**. [Voting](https://snapshot.org/#/aave.eth/proposal/0x2c71c8f2e17fd2f2cc403750c65bfba464b8af45ee6c53c40961c8dad4987c8a) ends on March 14. - **[ARFC] Add LUSD to Optimism V3 Market**. [Voting](https://snapshot.org/#/aave.eth/proposal/0x4b91ed7efdedf61ff6e263007b6810e745bc5609e489de2190ed13ff841bc8c2) ends on March 13. - **[ARFC] Grant OP Emission\_Admin for Optimism v3 Liquidity Pool to Lido DAO**. [Voting](https://snapshot.org/#/aave.eth/proposal/0xd8a400fc731b6e807f4d89aa1fa47225f0dfaaa8fc49ef04b46b11b98fbfa15f) ends on March 13. - **[ARFC] Add UNI to Ethereum v3**. [Voting](https://snapshot.org/#/aave.eth/proposal/0x51d67ef69e901b34f1d111f2cd5d582c59cffa8d70b7939023febd20f7613b88) ends on March 13. - **[ARFC] Add SNX to Ethereum v3**. [Voting](https://snapshot.org/#/aave.eth/proposal/0x5f232a89e10d67df3aad2907e8dce3bec9708596929b3254055cf37499969b89) ends on March 13. - **[ARFC] Add MKR to Ethereum v3**. [Voting](https://snapshot.org/#/aave.eth/proposal/0xf4aec3fbab5096752be96f0e5b522f37318c1902cf8b897b049b7a94d478de73) ends on March 13. - **[TEMP CHECK] - Whitelist Hashflow Wormhole For V3 Portals**. [Passed](https://snapshot.org/#/aave.eth/proposal/0x5766ada34f3089572896e9f2b4fad17e6856dc4126ca9be3fcef3303bd72bfb0) on March 11 with nearly 100% voting YAE. - **Chaos Labs Risk Parameter Updates - Aave V3 Optimism - 2023.02.28**. [Passed](https://snapshot.org/#/aave.eth/proposal/0xdbc2ba0eb1308372d56c637aca77c143722f3efbc8191f63a99fcb26c94b5e7f) on March 10 with nearly 100% voting YAE. - **[ARFC] Activate emode for cbETH Aave Ethereum V3**. [Passed](https://snapshot.org/#/aave.eth/proposal/0xe6bea8781d645318c6e83f98229ae346f45ff3219bdbd72da5dfd40105a9042c) on March 10 with nearly 100% voting YAE. - **[ARFC] BUSD Offboarding Plan**. Passed on March 9 with nearly 100% voting YAE. πŸ—£ Provide your feedback on these active Aave Requests for Comment (ARCs): - [[ARFC](https://governance.aave.com/t/arfc-create-an-excessive-debt-facility/12258)] **Create an Excessive Debt Facility**. - [[ARFC](https://governance.aave.com/t/arfc-migrate-consolidate-polygon-treasury/12248)] **Migrate & Consolidate Polygon Treasury**. - [ARC] **Gauntlet risk parameter updates for [Arbitrum](https://governance.aave.com/t/arc-gauntlet-risk-parameter-updates-for-aave-v3-arbitrum-2023-03-08/12218), [Optimism](https://governance.aave.com/t/arc-gauntlet-risk-parameter-updates-for-aave-v3-optimism-2023-03-08/12216), and [Polygon](https://governance.aave.com/t/arc-gauntlet-risk-parameter-updates-for-aave-v3-polygon-2023-03-08/12215)**. - [[ARFC](https://governance.aave.com/t/arfc-add-support-for-ldo-on-ethereum-v3/12045)] **Add Support for LDO on Ethereum V3**. Gauntlet and Chaos Labs present [risk analyses](https://governance.aave.com/t/arfc-add-support-for-ldo-on-ethereum-v3/12045/4). - [[ARC](https://governance.aave.com/t/arc-launch-aave-v3-on-celo/11059)] **Launch Aave v3 on Celo**. Gauntlet presents [risk analysis](https://governance.aave.com/t/arc-launch-aave-v3-on-celo/11059/19). - [[ARFC](https://governance.aave.com/t/arfc-maticx-supplycap-increase-polygon-v3/12217)] **MaticX SupplyCap Increase Polygon v3**. ### In the Forums **Thoughts** on adding [1inch](https://governance.aave.com/t/arc-add-1inch-as-collateral/8056/27) to V3? **GHO risk** monitoring [dashboard](https://governance.aave.com/t/introducing-gho/8730/75) from @ChaosLabs. **Delegate platform** [updates from](https://governance.aave.com/c/delegate-platforms/27) @lbsblockchain and @HKUST_EPI_BLOCKCHAIN. ## Twitter **No system** designed for stability will overcome [irrational human behavior](https://twitter.com/StaniKulechov/status/1634610635186270208?s=20). **You can see** the [funds yourself](https://twitter.com/safetyth1rd/status/1634788587118948353?s=20). **The money** is [in the computer](https://twitter.com/mdudas/status/1634899672488636416?s=20). **Those with governance** processes are kinda stuck with [whatever happens](https://twitter.com/Matthew_Graham_/status/1634916681448570881?s=20). ## Discord **What happens** [if you borrowed USDC](https://discord.com/channels/602826299974877205/605528212239286312/1084384364755947652) and it de-pegs? **Remember that** this [governance channel](https://discord.com/channels/602826299974877205/823583274864607282) has bots which automatically list new governance forum posts and Snapshot votes. **Quick Gov Links** : [Governance FAQ](https://docs.aave.com/faq/governance) | [Governance Docs](https://docs.aave.com/developers/guides/governance-guide) | [Discord Governance Channel](https://discord.com/channels/602826299974877205/605528212239286312) | [Snapshot](https://snapshot.org/#/aave.eth) | [AIPs](https://app.aave.com/governance/) | [Aave on Boardroom](https://boardroom.io/aave/overview) --- _[View the full topic](https://governance.aave.com/t/governance-weekly-recap/9937)._