Ignas Delegate Platform

Date Voted: December 24, 2024

76. Proposal: Onboard AUSD (On-chain)

  • Vote: For
  • Rationale: Voted yes with same reason on Snapshot. Integrating AUSD can help Aave attract more users, and strengthen the ecosystem on Avalanche with a cost-efficient and stable asset.

77. Proposal: [TEMP CHECK] Deploy Aave v3 on BOB (Snapshot)

  • Vote: YAE (Yes)
  • Rationale: BOB is a good opportunity to expand and grow liquidity for Aave. With $250M TVL post-launch, Aave can expect significant revenue from BOB users. Voted yes.

78. Proposal: [TEMP CHECK] Deploy Aave v3 on Sonic (Snapshot)

  • Vote: YAE (Yes)
  • Rationale: Of course, I voted yes! :) The incentives are really great for Aave community, and this will help Aave expand smoothly while easing the financial load of moving to a new platform.

79. Proposal: [TEMP CHECK] Onboard rstETH to Aave V3 Prime Instance (Snapshot)

  • Vote: YAE (Yes)
  • Rationale: I’m all for it! This could bring fresh liquidity, helping to boost stability and capital for Aave.

Date Voted: December 26, 2024

80. Proposal: [ARFC] Proposal to Remove USDS from sUSDe Liquid E-Mode in Aave Prime Instance (Snapshot)

  • Vote: YAE (Yes)
  • Rationale: I think this proposal can helps reduce liquidity issues and makes risk management easier. Also, bumping up the liquidation buffer from 3% to 4% will give Aave better protection against unexpected liquidations. Voted yes, of course :slightly_smiling_face:

81. Proposal: [ARFC] Aave v3 Gnosis Instance Updates (Snapshot)

  • Vote: YAE (Yes)
  • Rationale: All these upgrades benefit Aave users on Gnosis by adding more options for collateral and borrowing under better conditions. Easy yes from me!

82. Proposal: [TEMP CHECK] Deploy Aave v3 on Mantle (Snapshot)

  • Vote: YAE (Yes)
  • Rationale: This proposal will be an opportunity for Aave to expand their reach and user base through Bybit and Mantle. So yes :slightly_smiling_face:

83. Proposal: Funding Proposal: TokenLogic Financial Service Provider (On-chain)

  • Vote: For
  • Rationale: Voted For with same reason with Snapshot vote. TokenLogic should keep going!

84. Proposal: weETH Risk Parameter Adjustment (On-chain)

  • Vote: For
  • Rationale: These adjustments will help Aave grow their borrowing volume and attract more users. Voting yes!

85. Proposal: USDS Interest Rate Curve Update (On-chain)

  • Vote: For
  • Rationale: Obviously yes! Borrowers will enjoy more stable rates, and USDS will be more attractive in lending markets :slightly_smiling_face:

Date Voted: January 2, 2025

86. Proposal: [ARFC] Add rlUSD to Core Instance (Snapshot)

  • Vote: YAE (Yes)
  • Rationale: Voting yes. rlUSD will add a safe new asset to Aave, help grow liquidity, and bring Ripple’s users to the platform :slightly_smiling_face:

87. Proposal: Proposal to Remove USDS from sUSDe Liquid E-Mode in Aave Prime Instance (On-chain)

  • Vote: For
  • Rationale: Same reason with Snapshot vote. The proposal can help reduce liquidity issues and makes risk management easier.

Date Voted: January 6, 2025

88. Proposal: [ARFC]. BGD. Aave v3.3 Sherlock contest (Snapshot)

  • Vote: YAE (Yes)
  • Rationale: Obviously yes :). Security is the #1 priority for a big protocol like Aave. The contest will ensure the code gets thoroughly reviewed by top external experts.

89. Proposal: Aave v3 Gnosis Instance Updates Part 1 (On-chain)

  • Vote: For
  • Rationale: Same with Snapshot vote. These upgrades will enhance the Aave experience for users on Gnosis chain

90. Proposal: Funding Proposal: karpatkey as GHO Growth Service Provider (On-chain)

  • Date Voted: January 12, 2025
  • Vote: For
  • Rationale: I voted for Karpatkey to continue contributing to the DAO as a service provider.

Date Voted: January 14, 2025

91. Proposal: [TEMP CHECK] Deploy Aave on Rootstock Network (Snapshot)

  • Vote: YAE

  • Rationale: So Aave will become one of the first DeFi platforms to launch on Rootstock, attracting a large number of users to Aave :).

    And Aave can boost liquidity and attract users with RootstockLabs and partners committing 500 BTC to Aave’s pools on Rootstock, ensuring enough liquidity from the start. Of course, voting Yes!

92. Proposal: [TEMP CHECK] Add EURC to BASE Aave V3 Instance (Snapshot)

  • Vote: YAE
  • Rationale: Voting yes. Listing EURC will boost liquidity on Aave’s markets and help attract more European users who prefer using Euro over USD.
1 Like

Date Voted: January 16, 2025

93. Proposal: Onboard sUSDe and weETH to Aave v3 on zkSync (On-chain)

  • Vote: For
  • Rationale: Aave can attract more users from Ethena and EtherFi while also boosting liquidity and trading volume through ZK token incentives offered by these protocols. Voted for!

94. Proposal: a.DI Celo path activation (On-chain)

  • Vote: For
  • Rationale: Voted for since this proposal will help Aave expand to Celo and improve cross-chain communication.

95. Proposal: [ARFC] Extend GHO Steward on Aave Prime Instance (Snapshot)

  • Date Voted: January 17, 2025
  • Vote: YAE
  • Rationale: Voting yes! I think Aave can manage GHO’s risk better with this proposal. Plus, expanding GHO on Ethereum will create more opportunities for trading and borrowing for users.

96. Proposal: [ARFC] Prime Instance - wstETH Borrow Rate + rsETH Supply Cap Update (Snapshot)

  • Date Voted: January 21, 2025
  • Vote: YAE
  • Rationale: Voted yes on Snapshot. Aave can increase fee revenue by lowering Slope1, as more people will borrow wstETH :slightly_smiling_face:

Date Voted: January 22, 2025

97. Proposal: Onboard LBTC & Enable LBTC/WBTC liquid E-Mode on Aave v3 Core Instance (On-chain)

  • Vote: For
  • Rationale: Voting for with same reason on Snapshot. Adding LBTC/WBTC with E-Mode could bring in more users from other platforms with better borrowing rates.

98. Proposal: [ARFC] Whitelist Balancer DAO to Claim Liquidity Mining Rewards (Snapshot)

  • Vote: YAE
  • Rationale: Voting yes! This is just a small adjustment with benefits—no extra costs or risks, but it unlocks economic value for both users and the DAO :slightly_smiling_face:

Date Voted: January 24, 2025

99. Proposal: Update Lido GHO base borrow rate (On-chain)

  • Vote: For
  • Rationale: This proposal will boost GHO borrowing activity on Prime. Obviously lowering the rate might reduce income per loan, but with more borrowing, Aave could see even higher overall revenue. Voting For!

100. Proposal: Set REZ, KERNEL and rsETH Emission Admin to ACI (On-chain)

  • Vote: For

101. Proposal: GHO Risk Stewards Update and GHO CCIP Integration Upgrade (On-chain)

  • Vote: For
  • Rationale: Voting yes :). This proposal not only improves Aave’s current operations but also lays a strong foundation for long term growth in a multichain ecosystem.

102. Proposal: [TEMP CHECK] Aave <> Chainlink SVR v1 integration (Snapshot)

  • Vote: YAE
  • Rationale: Easy yes from me! Aave can boost revenue by capturing MEV. It also optimizes the liquidation process while protecting users from unfair risks.
    Voting For!

103. Proposal: [TEMP CHECK] Joint Incentive Program With Polygon (Snapshot)

  • Vote: NAY
1 Like

Date Voted: January 26, 2025

104. Proposal: [ARFC] Sunset stMATIC on Polygon instance (Snapshot)

  • Vote: YAE
  • Rationale: This proposal makes sense to me. Freezing the stMATIC reserve helps prevent unnecessary supply of an asset that’s no longer useful and reducing financial risks on Aave.

105. Proposal: [ARFC] Add EURC to BASE Aave V3 (Snapshot)

  • Vote: YAE
  • Rationale: Adding EURC will bring more Euro liquidity and attract more users to Aave. A Yes vote from me!

106. Proposal: [ARFC] Deploy stataUSDC and stataUSDT GSMs on Ethereum (Snapshot)

  • Vote: YAE
1 Like

107. Proposal: [ARFC] wstETH Borrow Rate Update (Snapshot)

  • Date Voted: January 29, 2025
  • Vote: YAE
  • Rationale: Lowering the wstETH borrow rate will encourage more borrowing of wstETH, boosting Aave’s revenue. Plus, it’ll promote the use of LRTs and help increase liquidity. Voted yes on snapshot :slightly_smiling_face:
1 Like

Date Voted: February 1, 2025

108. Proposal: [TEMP CHECK] Onboard pufETH to Aave V3 Core Instance (Snapshot)

  • Vote: NAY

  • Rationale: After consideration, I decided to vote against onboarding pufETH.

    Points raised by @LlamaRisk are all too real:

    1. Declining Supply and Liquidity: pufETH’s total supply and DEX liquidity have sharply decreased, with liquidity now at just $5.9M, indicating reduced market interest.
    2. Lack of Demand: Minimal new mints and a significant drop in validator cap suggest low demand for pufETH.
    3. Risks: Exposure to double-slashing, pricing complexity due to its validator ticket model, and no active bug bounty program pose significant risks.

    The potential price volatility actually concerns me too. So risks outweigh the benefits.

    Listing can be reconsidered if there are signs of growth.

109. Proposal: [ARFC] sUSD Risk Parameter Adjustment (Snapshot)

  • Vote: YAE
  • Rationale: Voting Yes as this will strengthen stability and protect liquidity in Aave ecosystem!

110. Proposal: Prime Instance - wstETH Borrow Rate + rsETH Supply Cap Update (On-chain)

  • Vote: For
  • Rationale: Voted For as same reason on Snapshot. Aave can increase fee revenue by lowering Slope1, as more people will borrow wstETH :slightly_smiling_face:
1 Like

Date Voted: February 5, 2025

111. Proposal: sUSDe and USDe Price Feed Update (Snapshot)

  • Vote: For
  • Rationale: Voting yes. This will help Aave reduce liquidation risks and create a more stable borrowing environment.

112. Proposal: [ARFC] Supply and Borrow Cap Risk Oracle Activation (Snapshot)

  • Vote: For

  • Rationale: This proposal can hell to optimize risk management and reduce delays in updating supply caps, especially in this fast changing market conditions, Aave will respond quickly to user demand.

    Voted yes!

1 Like

113. Proposal: [ARFC] Adjust Risk Parameters for Aave V2 and V3 on Polygon (Snapshot)

  • Date Voted: February 6, 2025

  • Vote: For

  • Rationale: I voted in favor of this because Aave is doing the right thing to protect the ecosystem and users from potential risks.

    See my post from months ago about this here - x.com

Date Voted: February 7, 2025

114. Proposal: Collector upgrade (On-chain)

  • Vote: For
  • Rationale: Voting yes. This upgrade makes Aave’s financial management more flexible while keeping things stable for DAO.

115. Proposal: GHO Base Launch (On-chain)

  • Vote: For
  • Rationale: This expansion will not only broaden GHO’s utility but also drive user growth and liquidity. I’m voting yes!

116. Proposal: Sunset stMATIC on Polygon instance (On-chain)

  • Vote: For
  • Rationale: Voted for with same reason on Snapshot. Freezing the stMATIC reserve helps prevent unnecessary supply of an asset that’s no longer useful and reducing financial risks on Aave.

117. Proposal: Update USDS & GHO Borrow Rate (On-chain)

  • Vote: For

  • Rationale: Clearly lowering the borrow rates for USDS and GHO will make Aave more attractive to borrowers.

    Especially with GHO borrow rate reduction, it will encourage users to borrow GHO over other stablecoins. GHO will become a more popular stablecoin and boost Aave’s liquidity.

    Voted yes!

118. Proposal: Allow Balancer To Claim Mining Rewards (On-chain)

  • Vote: For
  • Rationale: Voted for with same reason on Snapshot. This is just a small adjustment with benefits, no extra costs or risks, but it unlocks economic value for both users and DAO.

119. Proposal: wstETH Borrow Rate Update (On-chain)

  • Vote: For
  • Rationale: Voted For with same reason on Snapshot. Lowering the wstETH borrow rate will encourage more borrowing of wstETH, boosting Aave’s revenue.