Karpatkey Delegate Platform

Voting Actions 2024 - March 18th – March 22nd

Proposal: [TEMP CHECK] Onboard sUSDe to Aave V3 on Ethereum
Vote: YAE
Reasoning: We support the addition of sUSDe as an asset on v3. Ethena is doing an excellent job in secure TVL for the token.


Proposal: [ARFC] TUSD and BUSD Aave V2 Rate Amendments
Vote: YAE
Reasoning: We support the recommendations made by the risk provider Chaos Lab.


Proposal: [ARFC] Stablecoin IR Curve Amendment on Aave V2 and V3
Vote: Aggressive
Reasoning: We supported this IR raise and chose the Aggressive option to adjust it to the volatile market.


Proposal: [ARFC] BGD <> Aave Phase 3 (2 scopes)
Vote: YAE
Reasoning: BGD has been a solid contributor to the Aave DAO, and we support this proposal. The scope is well-defined; they will tackle an item that needs an update (the Safety Module), and we believe they have the expertise to do it.


Proposal: [TEMP CHECK] Onboard Catapulta as Aave V3 Deployment Service Provider
Vote: YAE
Reasoning: We support this proposal, as it will offload some work from BGD and has a specific scope, with a reasonable asking price for the job.


Proposal: [ARFC] Chaos Labs - Borrow Cap Reductions on Aave Ethereum - 03.11.24
Vote: YAE
Reasoning: It is a good practice to clean markets that don’t have enough utilisation and are from assets that don’t have sustainable on-chain liquidity. We support the proposal to reduce Aave DAO’s exposure to this type of asset.


Proposal: Generalized LT/LTV Reduction on Aave
Vote: YAE
Reasoning: We support this proposal. By lowering the LT/LTV, we have more room to support price changes and eventual liquidations caused by sudden price drops.


Proposal: [ARFC] Onboard osETH to Aave V3 on Ethereum
Vote: YAE
Reasoning: As a general rule, we support the listing of LSTs. StakeWise V3 has interesting features for their stakers, and we believe that onboarding osETH will benefit Aave, StakeWise, and the Ethereum ecosystem as a whole.


Proposal: Aave Liquidity Committee Funding
Vote: YAE
Reasoning: We supported this proposal on the ARFC phase, and the reasoning remains the same.


Proposal: v3 Periphery maintenance
Vote: YAE
Reasoning: This is a technical proposal from BGD Labs to do minor improvements on two Aave v3’s periphery components.


Proposal: Reserve Factor Updates (March 13, 2024)
Vote: YAE
Reasoning: This AIP is a continuation of proposal 41 on Governance v3 and increases the Reserve Factor (RF) for assets on Polygon v2 by 5.00%, up to a maximum of 99.99%.


Proposal: Update a.DI implementation and CCIP adapters
Vote: YAE
Reasoning: This is a technical proposal from BGD Labs to bring the CCIP Bridge Adapters up to date with the latest bridge provider specifications, and updating the logic to ease and standardize off chain tracking of a.DI contracts and events.


Proposal: stablecoin harmonization
Vote: YAE
Reasoning: We supported this proposal on the ARFC phase, and the reasoning remains the same.