Voting Actions 2024 - April 22nd – April 26th
Proposal: [TEMP CHECK] Introducing “FastPass” - A Safety Module Update
Vote: YAE
Reasoning: We support the creation of the Fast Pass as a way to add flexibility to the SM. Now, the users will have different options and can act according to their strategies. The parameters laid down seem reasonable.
Proposal: [ARFC] Update Aave Liquidity Committee SAFE
Vote: YAE
Reasoning: We support the change on the ALC SAFE for 3 of 5 signers and the openness to return to the previous setup if the new risk provider is willing to participate.
Proposal: [TEMP CHECK] Onboard ggAVAX to Aave V3 on Avalanche
Vote: YAE
Reasoning: As a general rule, we support adding LST assets on Aave, as they have the potential to increase revenue and bring more volume to the protocol.
Proposal: [ARFC] aAMPL Second Distribution
Vote: YAE
Reasoning: We support this follow-up proposal regarding the AMPL issue on Aave. This creates the opportunity for the user to remove their liquidity and for Aave to move forward and end this asset offering in the platform.
Proposal: [ARFC] Updating weETH Risk Parameters
Vote: YAE
Reasoning: We support this proposal, as expanding borrow capacity will result in a higher collateral yield, creating a positive flywheel effect on supply and demand.
Proposal: [ARFC] Aave v3.1 activation
Vote: YAE
Reasoning: We support this upgrade on the v3 platform.
Proposal: Chaos Labs Engagement Amendment
Vote: For
Reasoning: We supported this proposal on the ARFC phase, and the reasoning remains the same.
Proposal: V2 Stable Debt Offboarding
Vote: For
Reasoning: We support ending stable rate loans on Aave, as this method is deprecated in practice, so it is better to move the users’ funds to a supported lending setup.
Proposal: Risk Parameters for DAI Update
Vote: For
Reasoning: We supported this proposal on the ARFC phase, and the reasoning remains the same.
Proposal: Risk Parameter Updates GNO on V3 Gnosis
Vote: For
Reasoning: We supported this proposal on the ARFC phase and the reasoning remains the same.
Proposal: Reserve Factor Updates
Vote: For
Reasoning: We support this proposal, as it encourages users to migrate from Aave v2 instances to the enhanced v3 version.
Proposal: Onboard Llamarisk as a Risk Provider
Vote: For
Reasoning: We voted for LlamaRisk on the ARFC phase, and the reasoning remains the same.
Proposal: stkGHO Incentives
Vote:
Reasoning: We support re-enabling stkGHO incentives emissions for 180 days, as it is an important mechanism for bringing more users willing to lock their assets.