Governance Weekly Recap

Governance
39

Week of April 17, 2023

Highlights

The proposal to upgrade the Aave Safety Module to version 1.5 will go up soon, per @bgdlabs. This one will be a Level 2 Executor, meaning it will have the highest quorum requirement (+1m AAVE) — so get ready to participate.

Keep up with all the Aave News.

Proposals

Aave Improvement Proposals (AIPs):

  • Risk Parameter Updates Aave V3 Optimism (206). Succeeded with 100% voting YAE and was executed on April 22.
  • Supply/Borrow Cap Updates V3 Arbitrum (205). Failed to reach quorum on April 21 with over 53% voting NAY.
  • Update AAVE V3 ETH Risk Parameters (204). Succeeded with 100% voting YAE and was executed on April 22.
  • Aave v2/v3 Collectors unification (203). Succeeded with 100% voting YAE and was executed on April 21.
  • ACI Service Provider Proposal (202).Succeeded with 100% voting YAE and was executed on April 18.
  • Add LDO to Ethereum Aave v3 (201). Succeeded with 100% voting YAE and was executed on April 17.

On Snapshot:

  • [ARFC] Deprecate Aave V2 AMM Market. Voting ends on April 28.
  • [ARFC] Add MAI to Optimism Aave V3 Pool. Voting ended on April 23 with nearly 100% voting YAE.
  • [ARFC] Add MAI to Arbitrum Aave V3 Pool. Voting ended on April 23 with nearly 100% voting YAE.
  • [TEMP CHECK] - Community Preference for Supply Cap Limits for LSTs. Voting ended on April 24 with 52.41% voting for Option 2 and 47.57% voting for Option 1.
  • [TEMP CHECK] - Whitelist Stargate for V3 Portals. Voting ended on April 18 with nearly 100% voting YAE.
  • Risk Rewards Phase 1: CapsRewardsSteward. Voting ended on April 17 with nearly 100% voting for “Yes 100% max increase per five days.”

Active Aave Requests for Comment (ARFC):

  • [ARFC] stMATIC SupplyCap Increase Polygon v3
  • [ARFC] Aave V2 Interest Rate Curve Recommendations from Gauntlet (2023-04-21)
  • [ARFC] Chaos Labs Supply and Borrow Cap Updates - 04.21.2032
  • [ARFC] Polygon v2 - Parameter Update
  • [ARFC] Polygon v3 BAL Supply & Borrow Cap Increase
  • [ARFC] Modify Snapshot Proposal Threshold
  • [ARFC] Private Voting for Aave Governance [2-month Trial]
  • [ARFC] wMATIC Risk Parameter Update Polygon v3
  • [ARFC] Gauntlet E-Mode Methodology: Aave V3 Liquide Staking Tokens
  • [ARFC] - Chaos Labs Risk Parameter Updates - Aave V3 Polygon - 2023.04.23
  • [ARFC] Migrate & Consolidate Polygon Treasury
  • [ARFC] Add rETH to Aave V3 Arbitrum Liquidity Pool
  • [ARFC] Increase Supply Cap for wstETH Aave V3 Arbitrum
  • [ARFC] Add LUSD to Aave v3 on Arbitrum

Active TEMP CHECKS:

  • [TEMP CHECK] Safety Module Update Part I - Migrate AAVE/wETH Balancer v1 Pool to Balancer v2
  • [TEMP CHECK] Safety Module Upgrade Part II - Asset Diversity, SM Categories & Slashing Updates
  • [TEMP CHECK] Safety Module Upgrade Part III - Enable gauges on BPT in Safety Module (smBPT)
  • [TEMP CHECK] Safety Module Upgrade Part IV - Incentives Management Upgrade
  • [TEMP CHECK] Safety Module Upgrade Part V - veToken Holding Management Framework
  • [TEMP CHECK] Safety Module Upgrade Part VI - Future considerations
  • [TEMP CHECK] Gas Fee Rebate for On-Chain Votes
  • [TEMP CHECK] Allocation of 300k OP Received by Aave Grants DAO
  • [TEMP CHECK] Aave x Messari Protocol Services

In the Forums

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

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