Karpatkey Delegate Platform

Voting Actions - Sep 30th - Oct 4th

Proposal: [ARFC] Aave Liquidity Committee Funding Phase IV
Vote: YAE
Reasoning: We support this extension in the ALC funding. The North Star is reasonable, as is the funding request to execute it.


Proposal: [ARFC] Onboard wstETH to Aave V3 on BNB Chain
Vote: YAE
Reasoning: We support this initiative, as it enhances AAVE’s offering on BNB Chain, strengthening its position.


Proposal: [ARFC] Onboard USDC to Aave v3 Lido Instance
Vote: YAE
Reasoning: We support onboarding USDC to increase liquidity on that instance.


Proposal: [TEMP CHECK] Deploy aUSDC GSM on Ethereum
Vote: YAE
Reasoning: This will create a more capital-efficient Stability Module (GSM) with an aTKN. Full support.


Proposal: [ARFC] Onboard sUSDe, USDe and weETH to Aave v3 on zkSync
Vote: YAE
Reasoning: We support adding those assets on zkSync, expanding the offering in that chain.


Proposal: Onboard USDS on Aave V3 Ethereum Main and Lido Instance
Vote: YAE
Reasoning: We supported it in the ARFC phase and the reasoning remains the same.


Proposal: Set ACI as Emission Manager for USDS, aUSDS and awstETH
Vote: YAE
Reasoning: This is an operational vote from the AIP-122. We support to add ACI as the emission manager.


Proposal: Upgrade all Aave instances to 3.2
Vote: YAE
Reasoning: We supported this proposal in the ARFC phase and the reasoning remains the sasme


Proposal: Aave Liquidity Committee Funding Phase IV
Vote: YAE
Reasoning: We support this extension in the ALC funding. The North Star is reasonable, as is the funding request to execute it.


Proposal: May Funding Update Part B
Vote: YAE
Reasoning: We support this proposal, as it is the execution of the Funding delineated here

Voting Actions - Oct 7th - Oct 11th

Proposal: [TEMP CHECK] Onboard EIGEN to Aave V3 Ethereum

Vote: YAE
Reasoning: We believe it is worth moving the EIGEN onboarding proposal to the ARFC phase to have the Risk assessment from ChaosLabs and LlamaRisk.


Proposal: [ARFC] Onboard FRAX to Aave v3 Lido Instance

Vote: NAY
Reasoning: We don’t believe it is prudent to onboard this asset on the Lido instance before having it on mainnet. Let’s revisit this after a while.


Proposal: [ARFC] Renew LlamaRisk as Risk Service Provider

Vote: YAE
Reasoning: LlamaRisk is doing an amazing job, providing thoughtful, data-based recommendations. We are happy to support this extension.


Proposal: Increase cbBTC Supply Caps

Vote: For
Reasoning: We support this increase in the Supply Caps so the market is ready when demand rises.


Proposal: 3.2 patch for legacy periphery

Vote: For
Reasoning: This update is a patch to protocols that rely on deprecated components.

Voting Actions - Oct 14th - Oct 18th

Proposal: [ARFC] Continuous Security Proposal Aave <> Certora

Vote: YAE
Reasoning: Certora is a valuable partner, and we are happy to support this renewal.


Proposal: [ARFC] Chaos Labs <> Aave Risk Management Service Renewal

Vote: YAE
Reasoning: Chaos Labs engagement with AAVE has been exemplary, and we support this proposal


Proposal: [ARFC] Launch GHO on Base & set ACI as Emissions Manager for rewards

Vote: YAE
Reasoning: GHO expansion to Base has the potential to unlock a new market for our stablecoin, especially if we secure the chain commitment to support the launch.


Proposal: [ARFC] Launch GHO on Avalanche & set ACI as Emissions Manager for rewards

Vote: YAE
Reasoning: GHO expansion to Avalanche has the potential to unlock a new market for our stablecoin, especially if we secure the chain commitment to support the launch.


Proposal: [TEMP CHECK] Add rlUSD to Aave v3 Main Market on Ethereum

Vote: YAE
Reasoning: We support this proposal. Interested in analysing the Risk assessment on the ARFC phase regarding the stablecoin relationship with Ripple.


Proposal: [ARFC] Remove Frax from Isolation Mode on Aave v3 Mainnet

Vote: YAE
Reasoning: We believe the asset is mature enough to leave the isolation mode on Mainnet


Proposal: Increase USDS Borrow Rate to Match Sky Savings Rate

Vote: YAE
Reasoning: We support this proposal, as it equalizes the rates between the Aave market and the SSR


Proposal: Update legacy guardian

Vote: YAE
Reasoning: We support this upgrade in the guardian system.


Proposal: Renew LlamaRisk as Risk Service Provider

Vote: YAE
Reasoning: We support the LlamaRisk renewal. It was a fitting addition to the Risk Service providers.


Proposal: Chaos Labs <> Aave Risk Management Service Renewal

Vote: YAE
Reasoning: We supported it at the ARFC phase and the reasoning remains the same


Proposal: Reserve Factor Updates Mid October

Vote: YAE
Reasoning: These are operational adjustments encouraging users to migrate from v2 to v3 and from the bridged USDC version to the native one.


Proposal: wstETH Slope1 & Uoptimal Update

Vote: YAE
Reasoning: Several new assets will be introduced in the Lido Instance, and this proposal prepares for a higher utilization of wstETH.

Voting Actions - Oct 21st - Oct 25th

Proposal: [TEMP CHECK] World Liberty Financial Aave v3 Instance on Ethereum Mainnet Proposal

Vote: YAE
Reasoning: We believe the proposal is reasonable and worthy of exploring a detailed review from the Risk Services Providers.


Proposal: [ARFC] Aave <> BGD Labs. Phase 4

Vote: YAE
Reasoning: BGD has done an amazing job so far, and we are excited to see the proposed new features in production.


Proposal: [ARFC] Dolce Vita Extension

Vote: YAE
Reasoning: These services are a good addition to the Dolce Vita scope. We welcome the work done by ACI and Ezr3al in the forum moderation and it makes sense to make this official.


Proposal: [ARFC] Launch aUSDC GSM on Ethereum

Vote: YAE
Reasoning: This GSM will be more capital-efficient than the “vanilla” USDC version.


Proposal: Aave <> Certora Continuous Security Services

Vote: For
Reasoning: We supported this proposal in the ARFC phase and the reasoning remains the same


Proposal: Onboard ezETH to Lido Instance

Vote: For
Reasoning: We supported this proposal in the ARFC phase and the reasoning remains the same.


Proposal: Fix USDS Borrow Rate to Match Sky Savings Rate

Vote: YAE
Reasoning: This proposal changes the USDS Slope1 to .75% from the original proposal.

Voting Actions - Oct 28th - Nov 1st

Proposal: [TEMP CHECK] Onboard SCR to Aave V3 Scroll Instance

Vote: YAE
Reasoning: We support sending this proposal to the ARFC phase as SCR can increase the utilisation rate on Aave deployment on that chain and are looking forward to the asset analysis by the Risk Service Providers.


Proposal: [TEMP CHECK] Onboard AUSD to Aave V3

Vote: YAE
Reasoning: We support the introduction of more stablecoins on Aave. The protocol commitment of providing POL and incentives in Avalanche will help bootstrap the initial liquidity for the market.


Proposal: [ARFC]. Aave Generalized Risk Stewards (AGRS) activation

Vote: YAE
Reasoning: We support this update to Aave’s infrastructure. The initial parameters are reasonable and will help test the new system’s effectiveness.


Proposal: [ARFC] PYUSD Reserve Configuration Update & Incentive Campaign

Vote: YAE
Reasoning: We support the new reserve configuration proposed for this asset and the incentives program.


Proposal: Aave BGD Phase 4

Vote: For
Reasoning: We supported this proposal in the ARFC phase, and the reasoning remains the same


Proposal: stkGHO Incentives

Vote: YAE
Reasoning: We support the renewal of the Aave rewards to stkGHO users.


Proposal: Onboard wstETH to Aave V3 on BNB Chain

Vote: YAE
Reasoning: We supported this proposal in the ARFC phase, and the reasoning remains the same


Proposal: GHO Steward v2 Upgrade

Vote: YAE
Reasoning: We supported this proposal in the ARFC phase, and the reasoning remains the same.

Voting Actions - Nov 4th - Nov 8th

Proposal: Aave Generalized Risk Stewards (AGRS) activation

Vote: For

Reasoning: We supported this proposal at the ARFC phase and the reasoning remains the same

Proposal: GHO CCIP Integration Maintenance (CCIP v1.5 upgrade)

Vote: For

Reasoning: We support this upgrade on the GHO CCIP to keep it up-to-date with new releases planned by Chainlink.

Proposal: [TEMP CHECK] Add FBTC to Aave v3 Main Instance on Ethereum

Vote: For

Reasoning: We support the introduction of other wrapped BTC options on AAVE. We will review the risk providers’ analysis at the ARFC phase to renew or remove the support for the next step.

Proposal: [ARFC] Framework for Instances and Friendly Forks

Vote: For

Reasoning: We support the structured approach and the ruleset for each type of deployment.

Proposal: [TEMP CHECK] Deploy GHO Facilitator

Vote: For

Reasoning: We support this deployment, as it will provide another GHO onboarding source for various applications on Ethereum, Arbitrum, Base, Avalanche and other networks as GHO expands.

Voting Actions - Nov 11th - Nov 15th

Proposal: [TEMP CHECK] Aave Instances Strategy Shift

Vote: YAE
Reasoning: We support the structure presented in this temp check and the changes proposed. This will make each instance more focused and the parametrization easier.


Proposal: [TEMP CHECK] Add PAXG to Aave v3 Main Instance on Ethereum

Vote: YAE
Reasoning: We support the introduction of a new stablecoin in the Main Instance and look forward to the parametrisation suggestions from the Risk service providers.


Proposal: Safety Module stkAAVE - Re-enable Rewards

Vote: For
Reasoning: We support re-enable rewards for the stkAAVE module.


Proposal: Automated (Edge) AGRS Activation

Vote: For
Reasoning: We support the activation of this AGRS instance in the Prime market. It will handle only the WETH asset and will be followed closely by Chaos Labs.


Proposal: PYUSD Reserve Configuration Update & Incentive Campaign

Vote: For
Reasoning: We supported this proposal in the ARFC phase and the reasoning remains the same.


Proposal: wstETH Reserve Borrow Rate Update - Main Instance

Vote: For
Reasoning: We support these adjustments to the borrowing rate.


Proposal: Onboard and Enable sUSDe liquid E-Mode on Aave v3 Mainnet and Lido Instances

Vote: For
Reasoning: We support this proposal, as the E-Mode provides finer adjustments for the asset.