Governance Weekly Recap

Governance
36

Week of March 27, 2023

Highlights

  1. The delegate election for Butter’s incentivized delegate campaign will go to Snapshot today.
  2. Discussion during and following the Snapshot vote on e-mode parameter changes will likely lead to another proposal being posted soon.

Here’s the latest Aave News.

Proposals

Aave Improvement Proposals (AIPs):

  • Configure Isolation Mode Borrowable Assets on V3 Ethereum (194). Voting ends on April 5.
  • Risk Parameter Updates for Aave V2 AMM Market (193). Failed April 2 with nearly 100% voting NAY.
  • increase supply cap for cbETH Aave Ethereum V3 (192). Succeeded on April 2 with 100% voting YAE and is queued for execution.
  • Add LUSD to Aave Optimism V3 pool (191). Succeeded on April 1 with 100% voting YAE and is queued for execution.
  • Risk Parameter Updates for Aave V3 ETH and V3 Arbitrum (190). Succeeded with 100% voting YAE and was executed on April 1.
  • Freeze DPI on V2 Ethereum (189). Succeeded with nearly 100% voting YAE and was executed on March 28.
  • Risk Parameter Updates for Aave V3 ETH Market (188). Succeeded with 100% voting YAE and was executed on March 27.

On Snapshot:

  • [TEMP CHECK] - Aave DAO’s $ARB Airdrop Allocation. Voting ends on April 3.
  • [ARFC] Add DeFi Saver to flashborrowers on Aave V3. Voting ends on April 3.
  • [TEMP CHECK] Aave V3 deployment on BNB Chain. Passed on Arpil 1 with nearly 100% voting YAE.
  • [ARCF] - Chaos Labs Risk Parameter Updates - Aave V3 Optimism. Passed on March 31 with nearly 100% voting YAE.
  • [ARFC] - Configure Isolation Mode Borrowable Assets - V3 Ethereum. Passed on March 31 with nearly 100% voting YAE.
  • [TEMP CHECK] Aave V1 Offboarding Plan. Passed on March 31 with nearly 100% voting YAE.
  • [ARFC] Deploy aCRV& CRV to veCRV. Voting ended on March 30 with almost 62% voting for sdCRV.
  • [TEMP CHECK] Polygon v2 to v3 Liquidity Migration. Passed on March 30 with more than 92% voting YAE.
  • [TEMP CHECK] Add support for wstETH on Polygon v3. Passed on March 30 with nearly 100% voting YAE.
  • [ARFC] Add LDO to Ethereum Aave v3. Passed on March 30 with nearly 100% voting YAE.
  • [ARFC - Temp check] “MVP” V3 deployment on ZkEVM mainnet. Passed on March 29 with 100% voting YAE.
  • [ARC] E-Mode Parameter Changes for v3 Avalanche, Optimism, Polygon, and Arbitrum. Voting ended on March 31 with over 52% voting Nay.
  • [TEMP CHECK] Aave Chan Initiative 6-month Budget Proposal. Passed on March 28 with nearly 100% voting YAE.
  • [ARC] Community Preference for V3 Migration Levers. Voting ends on April 5.
  • [ARC] Isolation Mode Recommendations for Aave v4 Avalanche, Polygon, and Arbitrum. Voting ended on March 28 with nearly 100% voting for “Aggressive.”
  • [ARC] Gauntlet Risk Parameter Recommendations for V3 AVAX. Passed on March 28 with nearly 100% voting YAE.

Active Aave Requests for Comment (ARCs & Temp Checks):

  • [TEMP CHECK] Gas Fee Rebate for On-Chain Votes
  • [ARFC] - ACI Service Provider 6 Month Proposal
  • [ARFC] Freeze G-UNI DAI/USDC and G-UNI USDC/USDT in the Aave V2 AMM
  • [ARFC] Chaos Labs Supply and Borrow Cap Updates
  • [ARFC] Polygon v3 BAL Supply & Borrow Cap Increase
  • [ARFC] wMATIC Supply Cap Increase (updates)
  • [ARC]: Enable USDT as collateral on Aave V3 Avalanche
  • [ARFC] GHO Genesis Parameters (discussion continues)
  • [TEMP CHECK] - Aave DAO’s $ARB Airdrop Allocation (discussion continues)
  • [ARC] Add GMX to Arbitrum v3 (risk parameter recommendations provided)

In the Forums

Discord & Twitter

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

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