Karpatkey Delegate Platform

Voting Actions - May 13th - 17th

Proposal: [ARFC] Fund USDC & USDT GSM
Vote: YAE
Reasoning: We support funding the GSM, as it is another mechanism to stabilize GHO price around the peg.


Proposal: [ARFC-Addendum] Update Merit for Round 4
Vote: YAE
Reasoning: We support this extension to the “Merit” program and the next iteration of the wETH incentives, which will focus on users with larger holdings.


Proposal: [ARFC] Aave V3 Deployment on Celo
Vote: YAE
Reasoning: We support the Aave v3 deployment on Celo. The Celo Foundation will provide liquidity bootstrap incentives, and Aave will be able to access a different userbase, which can increase brand awareness.


Proposal: [ARFC] GHO Cross-Chain Launch
Vote: YAE
Reasoning: We support the deployment on Arbitrum and believe that it is a great first step for the Multichain GHO strategy.


Proposal: Chaos Labs Ethereum V2 LT Reductions
Vote: For
Reasoning: We support the overall v2 deprecation strategy and this proposal is another step to implement it. These LT reductions will incentivise users to migrate to v3.


Proposal: Deprecation of Small-cap Stablecoins on V2 Ethereum
Vote: YAE
Reasoning: We supported this proposal on the ARFC phase and the reasoning remains the same.

Voting Actions - May 20th - 24th

Proposal: [ARFC] Aave Finance Steward
Vote: YAE
Reasoning: We support this proposal, as it will reduce the governance overload by giving the Ave Finance Steward powers to execute pre-approved and budgeted operations on behalf of the DAO.


Proposal: [ARFC] Onboard USDe to Aave V3 on Ethereum
Vote: YAE
Reasoning: We support adding USDe to Aave V3 on the Ethereum Market. The parameters are in line with other stablecoins.


Proposal: [TEMP CHECK] Safety Module - Create GHO/USDC E-CLP Category
Vote: YAE
Reasoning: We support the creation of this category, as it helps to make GHO liquidity depth more predictable on the relevant Balancer pools, as the LP token is used in the Safety Module. It is interesting to see new GHO use cases being studied and becoming a reality.


Proposal: [ARFC] Orbit Program Renewal May 2024
Vote: YAE
Reasoning: We support the renewal of the orbit program, as it is a tool to strengthen the governance of AaveDAO and recognizes active delegates on our protocol.


Proposal: [ARFC] Onboard tBTC to Aave v3 on Ethereum
Vote: YAE
Reasoning: We support this proposition. tBTC showed that it is a relevant asset, with a market cap of over 200 million and integrating it on Aave can enhance the utilization of our Ethereum market.


Proposal: [ARFC Addendum] Increase Supply and Borrow Caps for weETH
Vote: YAE (Conservative)
Reasoning: We chose the “Conservative” approach as it accommodates new demand while not exposing the protocol too much to the asset and giving us more time to monitor its development.


Proposal: SUSD risk parameters update
Vote: For
Reasoning: We support this update to increase the protection of the protocol against the asset depegging issue verified on Optimism.


Proposal: LT/LTV Reductions on Aave V2 Stablecoins
Vote: YAE
Reasoning: We support this proposal, as it aims to equalize the parameters on v2 and v3 markets.

Voting Actions - May 27th - 31st

Proposal: [ARFC] Expansion of “Frontier”
Vote: YAE
Reasoning: We support the expansion of the program, as it has the potential to bring extra revenue for the DAO on assets that were previously “idle”.


Proposal: [TEMP CHECK] Deploy Aave V3 on Mode
Vote: NAY
Reasoning: We weren’t able to identify reasons that would make this new deployment something relevant for the protocol right now. The lack of incentives by Move is something noteworthy, as it would help to bootstrap liquidity and make the deployment more attractive.


Proposal: [ARFC] Chaos Labs Parameter Recommendations - sUSD on V3 Optimism - 05.23.2024
Vote: YAE
Reasoning: We support the changes suggested by Chaos Labs to improve the efficiency and health of the Optimism market.


Proposal: [ARFC] - Chaos Labs Risk Parameter Updates - Aave V3 - 05.24.2024
Vote: YAE
Reasoning: We support the changes suggested by Chaos Labs to improve the efficiency of these five asset markets.


Proposal: [ARFC] Increase Bridged USDC Reserve Factor Across All Deployments
Vote: YAE
Reasoning: We support increasing the Reserve Factor (RF) for Bridged USDC (USDC.e & USDbC) across Arbitrum, Optimism, Polygon and Base Aave deployments as a tool to encourage users to migrate from the bridged version to the native USDC on those chains.


Proposal: [ARFC] Safety Module - Create GHO/USDC E-CLP Category
Vote: YAE
Reasoning: We supported this proposal at the TEMP CHECK phase, and the reasoning remains the same.


Proposal: Migrate Robots to Chainlink Automation v2
Vote: For
Reasoning: We support this proposal to migrate existing Aave robots from chainlink automation v1.2 to v2.1 .


Proposal: weETH Aave V3 Base Onboarding
Vote: For
Reasoning: We support the weETH onboarding using the same parameters of Aave v3 Ethereum. These values are aligned with other LRTs, and having this asset on base can improve that chain’s protocol volume and revenue.


Proposal: Reserve Factor Upgrades
Vote: For
Reasoning: We support this AIP, which encourages users to migrate from Ethereum V2 to V3 by reducing the deposit yield for assets on Ethereum and Avalanche V2 by increasing the RF.


Proposal: Orbit Program Renewal
Vote: For
Reasoning: We supported this proposal at the ARFC phase, and the reasoning remains the same.

Voting Actions - June 3rd - 7th

Proposal: **[ARFC] Adjusting Interest Rate Curve for weETH on Arbitrum and Base**
Vote: YAE
Reasoning: We support the change to equalize the Risk Parameters for weETH on the Mainnet, Arbitrum, and Base networks, and it can optimize the utilization rates and improve both lending and borrowing for users.


Proposal: [ARFC] Onboard BNBx to Aave V3 BNB Chain
Vote: YAE
Reasoning: We support adding BNBx on the Aave V3 BNB Chain. The supply and borrow caps are reasonable for testing the demand, and this asset will increase the LST diversity in this Aave market.


Proposal: [TEMP CHECK] Activate and Deploy GHO Safety Module on Arbitrum
Vote: YAE
Reasoning: We support a dedicated Safety Module for GHO on Arbitrum. It will sustain the peg and use the current LTIPP grant to bootstrap liquidity, enhancing the security and stability of the Aave Protocol.


Proposal: Onboard USDe Aave V3 Ethereum
Vote: For
Reasoning: We supported this proposal in the previous phases, and the reasoning remains the same.


Proposal: Chaos Labs Parameter Recommendations sUSD on V3 Optimism
Vote: For
Reasoning: We supported this proposal in the ARFC phase, and the reasoning remains the same.