Voting Actions - October 30th – November 3rd
Proposal: [ARFC] Aave Funding Update
Vote: Yae
Reasoning: We support this proposal, as it outlines a comprehensive budget that includes allocations for security, risk management, financial services, marketing, and liquidity, among others. It is an important step towards an annual budget for Aave DAO and helps the community to stay updated on the current expenses for the next months.
It is important to note that the [ARFC] AAVE Financial Management Working Group will likely introduce a different expenditure amount, so the current proposal will need to be amended to reflect that.
Proposal: [ARFC] Treasury Management - Tooling Upgrade
Vote: Yes
Reasoning: The funding amount requested is reasonable, and the delivery schedule is well-defined, with the added assurance of a review by @BGDLabs to ensure the quality and security of the deliverables.
Proposal: [ARFC] Chaos Labs <> Aave Risk Management - Renewal
Vote: Yae
Reasoning: We support this proposal to renew the engagement with the Aave DAO, as Chaos Lab consistently delivers risk management and parameter optimization recommendations aligned with Aave DAO’s best interests.
We look forward to the next year of this commitment, especially on the v2 deprecation execution and the GHO support.
Proposal: [ARFC] Chaos Labs - CRV Aave V3 Polygon - LT Reduction - 10.28.2023
Vote: Yae
Reasoning: We support this proposal to protect the Aave ecosystem from potential market volatility from an asset with diminishing liquidity. Reducing the liquidation threshold (LT) lowers the available borrowing power, reducing exposure to the asset.
Proposal: AIP - ACI Phase II
Vote: Yae
Reasoning: We supported this proposal on the ARFC, and you can find the reasoning here.
Proposal: AIP - Aave v3 Gnosis Activation
Vote: Yae
Reasoning: We supported this proposal on the ARFC, and you can find the reasoning here