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Week of May 22, 2023
Highlights
- The eight values articulated in the delegate code of conduct were ratified and the framework for recognized delegates was approved on Snapshot.
- The Caps Plus Risk Steward proposal has been executed, which means that the RISK_COUNCIL (a Gnosis Safe controlled by Gauntlet and Chaos Labs) can perform cap increases under specific conditions — reducing governance overhead.
- Also please note the e-mode changes across chains in AIP 233 below.
Proposals
Aave Improvement Proposals (AIPs):
- DeFi Saver Aave V3 FlashBorrowers Whitelist Part II (235). Queued for execution.
- Caps Plus Risk Steward (234). Executed on May 28.
- Aave Stablecoin E-mode changes for V3 Avalanche, Optimism, Polygon, and Arbitrum (233). Executed on May 27.
- Activate Emode for rETH Aave Ethereum V3 (232). Executed on May 27.
- wMATIC Supply & Borrow Cap Increase Polygon v3 (231). Executed on May 24.
- Fix rate strategies issue on Aave v2 Polygon (230). Executed on May 24.
On Snapshot:
- [TEMP CHECK] Safety Module Upgrade Part III - Enable gauges on BPT in Safety Module (smBPT). Voting ends on June 1.
- [TEMP CHECK] Safety Module Upgrade Part II - Asset Diversity, SM Categories & Slashing Updates. Voting ends on June 1.
- [ARFC] Optimism Create ETH E-Mode. Voting ends on June 1.
- [ARFC] Optimism v3 Supply Cap Update. Voting ends on June 1.
- [ARFC] Polygon Supply Cap Update 23.05.2023. Voting ends on June 1.
- [ARFC] - Chaos Labs Risk Parameter Updates - Aave V3 Ethereum - 2023.05.18. Ended on May 28 with nearly 100% voting YAE.
- [ARC] Delegate Code of Conduct. All eight values ratified on May 25.
- [ARC] Framework for Recognized Delegates. Ended on May 25 with nearly 100% voting YAE.
- [TEMP CHECK] FlashMinter Facilitator Approval. Ended on May 24 with nearly 100% voting FOR.
- [TEMP CHECK] Add ARB to Arbitrum Aave v3. Ended on May 22 with 86.96% voting YAE.
Active Aave Requests for Comment (ARFC):
- [ARFC] Add fUSDC to Ethereum v3
- [ARFC] Add RPL to Ethereum v3
- [ARFC] Add ARB to Arbitrum Aave v3
- [ARFC] Add FRAX Arbitrum Aave v3
- [ARC] Add GMX toArbitrum v3
- [ARC] Harmony Recovery
Active TEMP CHECKS:
- [TEMP CHECK] Aave V3 Deployment on Base
- [TEMP CHECK] Safety Module Upgrade Part IV - Incentives Management Upgrade
In the Forums
- @Gauntlet recommends Synchronicity Price Adapter “killswitch” functionality for LST emode
- Aave v2 Polygon is working normally again
- Prioritizing cap space for stkAAVE holders, from @Portkey
- @bgdlabs presents an update on operational oracles
- The April 2023 financial report, from @Llamaxyz
- Delegate platform updates from @lbsblockchain and @HKUST_EPI_BLOCKCHAIN.
On Twitter
- What is a DAO? a video from a series by the Blockchain Education Network, funded by in part by Aave Grants DAO.
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