HKUST Blockchain Delegate Platform

Delegate Platforms
1

Information

Delegate Address: 0xE4594A66d9507fFc0d4335CC240BD61C1173E666

Forum: @HKUST EPI BLOCKCHAIN

Email: epi@ust.hk

External Website: EPI Lab

Communications Thread

This thread has been created for the sole purpose of communication of the decisions made by HKUST on AAVE’s proposals and governance matters.

This can be treated as HKUST’s Delegate Platform.

Overview

In Hong Kong University of Science and Technology (HKUST), the visions and ideas which new technologies are developed from should be embraced and nurtured. Students are encouraged to explore and trailblaze on any potential new frontiers.

As blockchain technology is still maturing and adoption is rapidly increasing, continuous education and development should be established. For mainstream adoption to be achieved, strategic planning as well as proper decision making and marketing is required.

EPI Lab (Research Lab) would like to contribute to the growth of AAVE by being a delegate. The primary angle which EPI lab considers each governance matter is of a risk based approach, other considerations are also involved.

Participation in decentralised finance on a blockchain, would provide greater insights and experiences which can be shared to the students and collaborating academies.

The research lab will be solely responsible for Governance matters to Decentralised Finance protocols with assistance from other Faculty members on other matters such as, Research, Education, Business Development and Web3 developments.

HKUST-EPI has exposure to governance participation in other protocols:

  • MakerDao
  • Compound Finance

HKUST-EPI sincerely encourages all AAVE stakeholders to delegate with the research lab to garner more voting power in the decision making process.

Waiver of liability

By delegating to Hong Kong University of Science and Technology, you acknowledge and agree that Hong Kong University of Science and Technology will participate on a best efforts basis and will not be liable for any form of damages related to participation in AAVE.

4 Likes
2

Rescue Mission Phase 1 Long Executor

  • We voted YAE
    • As the execution has been well thought through with a proper plan in place. Although we still believe that user-made errors should not seek protocol reimbursements as a norm.
1 Like
3

increase supply cap for wstETH Aave Arbitrum V3

  • We voted YAE
    • It only makes sense to increase a vault in which is fully utilised for new users to enter.

Supply/Borrow Cap Updates V3 Arbitrum, Optimism, Polygon

  • We voted YAE
    • The changes are within the parameters Chaos Lab is using for its Supply and borrowing framework.

Risk Parameter Updates Aave V3 Arbitrum

  • We voted YAE
    • We reviewed the methodology being used by Chaoslabs, though we are not exposed to the results and simulations. Based on the framework and methods used we see no reason to disagree with their assessment.

stMATIC SupplyCap Increase Polygon v3

  • We voted YAE
    • It only makes sense to increase a vault in which is fully utilised for new users to enter.

increase supply cap for cbETH Aave Ethereum V3

  • We voted NAY
    • Similar to Compound, we voted against the increase of centralised staked assets.

Risk Parameter Updates for MKR - Aave V2 Ethereum

  • We voted YAE
    • We agree with the assessments to mitigate risk on MKR tokens
4

CRV Interest Rate Curve Upgrade

  • We voted YAE
    • We agree with the assessments made for the change of the interest curve for CRV assets.
    • Increase in supply and borrow caps for Polygon V3 is also within the accepted methodology.

BUSD Offboarding Plan

  • We voted YAE
    • We agree with the risk involved with BUSD and the offboarding plans are reasonable.
1 Like
5

GHST Polygon V3 Soft Freeze

  • We voted YAE
    • We agree with the assessment of freezing GHST vault until the price is stabilised with the new parameters and factors surrounding it.
1 Like
6

MaticX Supply Cap Increase Polygon v3

  • We voted YAE
    • It only makes sense to increase a vault in which is fully utilised for new users to enter.
    • Proposed limits are within methodology.

Disable agEUR borrows on Aave v3 Polygon

  • We voted YAE
    • To provide risk mitigation procedures on lending agEUR which may impair protocol’s reputable credibility.
2 Likes
7

Supply and Borrow Caps Update - LUSD - v3 Ethereum

  • We voted YAE
    • It only makes sense to increase a vault in which is fully utilised for new users to enter.
    • Proposed limits are within methodology.
1 Like
8

Activate Emode for cbETH Aave Ethereum V3

  • We voted YAE
    • Though this involves centralised assets, the emode is only exposed to correlated assets which has similar risk and volatility profiles.

increase supply cap for cbETH Aave Ethereum V3

  • We voted NAY
    • Similar to every single increase in cbETH supply, we have voted against due to increased centralised exposure

Aave V3 Interest Rate Curve Changes

  • We voted YAE
    • Agreeable to the risk mitigation factors used to reduce protocol risk on token insolvencies

Supply/Borrow Cap Updates V3 Polygon and Arbitrum

  • We voted YAE
    • No issues with raising the borrow cap based on agreed methodologies for decentralised assets.

Risk Parameter Updates for Aave V3 ETH Market (2023-03-18)

  • We voted YAE
    • No issues with raising the borrow cap based on agreed methodologies for decentralised assets.
1 Like
9

Risk Parameter Updates for Aave V3 ETH Market (2023-03-18)

  • We voted YAE
    • No issues with raising the borrow cap based on agreed methodologies for staked assets.

Freeze DPI on V2 Ethereum

  • We voted YAE
    • The assessment made on the DPI token by Chaolabs are agreeable.
10

Risk Parameter Updates for Aave V3 ETH and V3 Arbitrum

  • We voted YAE
    • The limits to be changed are within the accepted methodology.

Add LUSD to Aave Optimism V3 pool

  • We voted YAE
    • Despite LUSD not being native to Optimism which requires the use of the Optimism Bridge to bridge LUSD from Ethereum to Optimism (which poses a slightly increased centralisation risk). We view onboarding this asset to be beneficial to AAVE on the targeted chain due to the risk profile of LUSD.

increase supply cap for cbETH Aave Ethereum V3

  • We voted NAY
    • In line with our previous votes on the same topic, out stance on the risk of cbETH has not changed and we are not onboard to increase the supply cap.

Risk Parameter Updates for Aave V2 AMM Market

  • We voted YAE
    • With the deprecation of the G-UNI strategies, it is wise to freeze the affected pools…
11

Configure Isolation Mode Borrowable Assets on V3 Ethereum

  • We voted YAE
    • The collateral pool for AAVE v3 are mostly decentralised assets less cbETH.
    • Having isolated borrowings will allow borrowers to have better control on their borrowed positions based on the isolated price volatility and sentimental affects from regulators.
12

Add DeFi Saver to Aave V3 FlashBorrowers

  • We voted YAE
    • Integrating with DEFI saver will bring market share which it has lost for flash loans back to AAVE.
    • Potential for more revenue from the increased usage of AAVE.

Add UNI, MKR, SNX & BAL to Ethereum v3

  • We voted YAE
    • Hasten the process for V2 to V3 migration.

Isolation Mode Changes for Aave V3 Avalanche, Polygon, and Arbitrum

  • We voted YAE
    • The adjustments to the debt ceiling for affected infinite mint assets are within the accepted methodology.

Increase wMATIC Supply Cap & BAL Borrow Cap

  • We voted YAE
    • The adjustments to Polygon V3 MATIC and BAL assets are within the accepted methodology.
    • Understandably the supply cap of MATIC cannot sustain the potential inflow of migrated and new funds.
13

Increase wstETH Borrow Cap on V3 Arbitrum

  • We voted YAE
    • Utilisation was at 100% but now it’s at 23%. Nonetheless, there is a market to expand the borrowable amounts.
    • WIthin approved methods.
14

ACI Service Provider Proposal

  • We voted YAE
    • Support from ACI has been crucial for the advancement of the AAVE protocol.
15

Add LDO to Ethereum Aave v3

  • We voted YAE
    • Risk profile of the LDO token is similar to MKR tokens which has been already onboarded for collateral.
    • No reason to object to a potential stream of revenue with LDO being onboarded is trailblazing for AAVE
16

Aave v2/v3 Collectors unification

  • We voted YAE
    • We are optimistic of the change and standardisation of the V1 2 3 collectors smart contracts.
    • Standardisation of the contracts will bring greater efficiency to both the maintenance and users of the protocol

Update AAVE V3 ETH Risk Parameters

  • We voted YAE
    • There are no objections with the logic applied to this poll on the adjustments.

Supply/Borrow Cap Updates V3 Arbitrum

  • We voted YAE
    • Adjustments are in line with the accepted methodology.

Risk Parameter Updates Aave V3 Optimism

  • We voted YAE
    • Due to the lack of the borrowers on Optimisim, adjustment to the parameters are in line with the goal to increase borrow utilisations.
    • Though we foresee, minimum impact to the amount of borrowers, we have no objects to the adjustments.
17

Risk Parameter Updates for Aave V3 Polygon

  • We voted YAE
    • No objections to agreed methodology for the increase in borrow for EURS

Upgrade Aave V3 pools to Aave V3.0.2

  • We voted YAE
    • No objects to the audited upgrade of the affected smart contracts

Increase SupplyCap stMATIC Polygon & wETH Arbitrum

  • We voted YAE
    • Adjustments are in line with the accepted methodology.

Add wstETH to Polygon Aave v3

  • We voted YAE
    • No objections on onboarding wstETH on Polygon v3 for increased protocol revenue with a more mainstream asset.

BAL Interest Rate Upgrade

  • We voted YAE
    • No objections on the increase in interest to be earned from BAL.
    • This will also be more costly to perform any governance attack on Balancer.
18

Upgrade Aave V3 pools to Aave V3.0.2

  • We voted YAE
    • No objects to the audited upgrade of the affected smart contracts

Upgrade the safety module to v1.5 PART 1

  • We voted YAE
    • No objections to proposed upgrades to improve the slashing system whilst decreasing the expenses to operate it.
    • No objections to the upgrade and changes to the cooldown system to prevent it from being gamed any further.
    • No other objections to the GHO transfer changes to track stkAAVE and the Miscellaneous changes.

Aave Metis V3

  • We voted YAE
    • No objections to expand AAVE’s services across to METIS.
1 Like
19

Add MAI to Aave Arbitrum V3 pool

  • We voted YAE
    • No objections on the venues of increase of protocol revenue.

Add MAI to Aave Optimism V3 pool

  • We voted YAE
    • No objections on the venues of increase of protocol revenue.

MaticX Supply Cap Increase Polygon v3 and AGD Approval

  • We voted YAE
    • No objections to the increase in maticX supply cap based on agreed methodologies
    • No objections to the corrections to be performed on the grant funds from v1 to v2 aUSDT

Upgrade the safety module to v1.5 PART 2

  • We voted YAE
    • Already voted for upgrade.

Risk Parameter Updates Aave V3 Polygon
Supply and Borrow Cap Updates Aave V3

  • We voted YAE
    • No objections base on preapproved methodologies
20

Risk Parameter Updates for Ethereum v3

  • We voted YAE
    • Inline with the approved methodology

Aave V3 Interest Rate Curve Changes

  • We voted YAE
    • No objections with the tuning of the interest curves, no drastic changes were noted.

MaticX Supply Cap Increase Polygon v3 and AGD Approval

  • We voted YAE
    • No objections to the increase in maticX supply cap based on agreed methodologies
    • No objections to the corrections to be performed on the grant funds from v1 to v2 aUSDT