Governance Weekly Recap

Week of May 15, 2023

Highlights

  1. Hot off the press: @MarcZeller introduces “Skyward,” a free service from the Aave Chan Initiative “that aims to streamline the journey of Aave DAO proposals from inception to final vote.”
  2. The proposals for a delegate code of conduct and for a framework for recognized delegates are live on Snapshot.
  3. There were some issues with AIP 224, affecting Aave v2 Polygon. AIP 230 (see below) provides the fix.

Proposals

Aave Improvement Proposals (AIPs):

  • wMATIC Supply & Borrow Cap Increase Polygon v3 (231). Voting ends on May 23.
  • Fix rate strategies issue on Aave v2 Polygon (230). Voting ends on May 23.
  • MaticX Supply Cap Increase Polygon v3 (229). Executed on May 21.
  • AGD Approval (228). Executed on May 21.
  • Aave V3 Interest Rate Curve Changes (4/27) (227). Queued for execution.
  • Risk Parameter Updates for Ethereum v3 (05/09/2023) (226). Queued for execution.
  • LST Supply Cap Increase Polygon & Arbitrum (225). Executed on May 17.
  • Aave V2 Interest Rate Curve Changes (4/21) (224). Executed on May 16.

On Snapshot:

  • [ARC] Delegate Code of Conduct. Voting ends on May 25.
  • [ARC] Framework for Recognized Delegates. Voting ends on May 25.
  • [TEMP CHECK] FlashMinter Facilitator Approval. Voting ends on May 24.
  • [TEMP CHECK] Add ARB to Arbitrum Aave v3. Voting ends on May 22.
  • [ARFC] Add 1INCH to Aave V3 Ethereum. Ended on May 20 with nearly 100% voting YAE.
  • [ARFC] Add ENS to Aave V3 Ethereum. Ended on May 20 with almost 83% voting YAE.
  • [ARFC] BUSD OffboardingPlan Part II. Ended on May 19 with nearly 100% voting YAE.
  • [ARFC] Activate emode for rETH Aave Ethereum V3 Pool. Ended on May 19 with nearly 100% voting YAE.
  • [TEMP CHECK] - Add support for fUSDC on Ethereum v3. Ended on May 19 with 68.55% voting YAE.
  • [TEMP CHECK] Add support for RPL on Ethereum v3. Ended on May 19 with nearly 100% voting YAE.
  • [ARFC] Acquire BB-A-USD and deposit 50% into both Balancer and Aura Finance. Ended on May 19 with 84.35% voting YAE.
  • [ARFC] Migrate Holdings from v2 to v3 and acquire wstETH and rETH. Ended on May 19 with 83% voting YAE.
  • [ARFC] Consolidate Collector Contract & Secure Service Provider Runway. Ended on May 17 with nearly 100% voting YAE.
  • [ARFC] Add rETH to Aave V3 Arbitrum Liquidity Pool. Ended on May 19 with 100% voting YAE.
  • [ARFC] Add LUSD Arbitrum v3. Ended on May 19 with 100% voting YAE.

Active Aave Requests for Comment (ARFC):

  • [ARC] Harmony Recovery
  • [ARFC] Polygon v3 Supply Cap Update 2023.05.21
  • [ARFC] Optimism Create ETH E-Mode
  • [ARFC] Optimism v3 Supply Cap Update
  • [ARFC] wMATIC Supply & Borrow Cap Increase Polygon v3
  • [ARFC] Ethereum v3 Supply Cap Update
  • [ARFC] Ethereum v3 Supply Cap Update Part 2
  • [ARFC] wstETH Supply Cap Increase Arbitrum v3
  • [ARFC] - Chaos Labs Risk Parameter Updates - Aave V3 Ethereum - 2023.05.18
  • [ARFC] wstETH Supply Cap Increase :: Ethereum v3
  • [ARFC] Metis, WETH Supply Cap Increase Metis V3
  • [ARFC] Treasury Management - Convert DAO awETH Holdings to Liquid Staking Tokens
  • Add SUSHI to Aave V3 on Mainnet

Active TEMP CHECKS:

In the Forums

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

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