Karpatkey Delegate Platform

Voting Actions - November 12th – November 17th

Proposal: [ARFC] Treasury Management - auraBAL
Vote: Yae
Reasoning: We support this proposal as it builds infrastructure to make it easier the management of the positions on the Balancer/Aura Ecosystem, paving the way for more active participation incentivising the GHO liquidity on Balancer pools.


Proposal: [ARFC] Gauntlet Cap Recommendations for Polygon v3
Vote: Yae
Reasoning: We support this proposal set values on supply and borrow caps for both assets. agEUR borrowing was suspended following the Euler hack through this proposal, and jEUR is frozen after the Midas hack by this proposal.


Proposal: [ARFC] Gauntlet recommendation to lower stMATIC, MaticX non-emode LT, pt 2
Vote: Yae - Option 2
Reasoning: We support option 2 as it is less aggressive and give more time for users to adapt to the direction proposed (to lower the LT on both LSTs to promote higher utilisation on wMATIC.)


Proposal: Chaos Labs CRV Aave V3 Polygon LT Reduction
Vote: Yae
Reasoning: We supported this proposal on the ARFC, and you can find the reasoning here.


Proposal: wMATIC Interest Rate Update
Vote: Yae
Reasoning: We supported this proposal on the ARFC, and you can find the reasoning here.


Proposal: [ARFC] Chaos Labs Risk Parameter Updates - Increase MKR Debt Ceiling on V3 Ethereum - 11.07.2023
Vote: Yae
Reasoning: We agree with the risk assessment done by Chaos Labs and believe that there is room to increase the Debt Ceiling.


Proposal: [TEMP CHECK] Qualify the security incident 04-11-2023 as a shortfall event
Vote: No
Reasoning: In this particular situation, no funds were lost due to the vulnerability, and despite the markets being frozen/paused, with the grace period after restarting the protocol again, all users could manage their positions accordingly. As pausing/freezing is a protocol feature to be used when necessary, its use to prevent an incident can’t be considered a shortfall event.


Proposal: Add FXS to Ethereum V3
Vote: Yes
Reasoning: We supported this proposal on the ARFC, and you can find the reasoning here.


Proposal: TokenLogic Funding
Vote: Yes
Reasoning: We supported this proposal on the ARFC, and you can find the reasoning here.


Proposal: Treasury Management - Add to rETH Holding
Vote: Yes
Reasoning: We supported this proposal on the ARFC, and you can find the reasoning here.