Keyrock Delegate Platform

Delegate Platforms
1

Delegate Address: 0xkeyrock.eth (0x1855f41B8A86e701E33199DE7C25d3e3830698ba)
Forum: @0xkeyrock.eth
Twitter: @KeyrockTrading @soutos_eth
Discord: Thanasis | Keyrock#5443
Email: governance@keyrock.eu

We are excited to start our journey into governance and DAO’s through the on-chain governance of Aave!

The importance of credit liquidity in DeFi cannot be understated and as Aave is a best-in-class credit solution, we will be actively participating in discussions and proposals. We want to support the best possible future for Aave as a protocol and as community.

Why are we doing this?

We believe that on-chain liquidity is essential, and as liquidity providers ourselves, we want to engage by being active protocol participants. Our true belief in transparency, trust, and on-chain governance are some of the reasons why we want Aave and other DeFi protocols to succeed. It is time digital assets are widely embraced and we can improve DeFi liquidity together. We strongly see a future where centralised and decentralised venues share more of an equal market share.

Delegate Statement

We believe decentralised governance has the potential to bring out the best of protocol stakeholders in order to scale and grow DeFi. First of all, we would like to emphasise that having governance participants from different backgrounds is crucial and we really like the efforts launched recently by Butter @noturhandle. Governance participation is still at it’s early steps. If we zoom out, the governance forum is usually populated by the same 10-15 entities/service providers/delegates. That’s not good enough (albeit great work being done by everyone till now).

One of our focus areas will be to support and discover together within the DAO ways to activate more participation from all stakeholders.

Additionally, we can’t emphasise enough that in order to scale DeFi - a multi-chain and multi-asset approach is essential. As discussed in Delegate Code of Conduct, Aave should remain Ethereum first but always have an open mind regarding cross-chain expansions. This drives liquidity, protocol & revenue growth while inherently helping the chain that Aave is deployed.

GHO launch: A very exciting development and we’re looking forward to mainnet launch as well as exploring opportunities to boost adoption and growth of GHO v3 pools!

Overall, we are very excited to be participating in Aave governanve and we will always vote on the best interest of the protocol for sustainability, revenue growth and adoption. Our experience in trading, market-making, credit markets and risk management by being a delta-neutral market-maker entity can offer a unique perspective and value into a protocol such as Aave.

About Us

Keyrock is a technology-driven digital asset market maker active on 85+ trading venues worldwide. With their proprietary algorithmic technologies, Keyrock provides scalable, adaptable liquidity solutions for marketplaces and asset issuers. Keyrock’s aim is to increase the liquidity of financial assets, to make markets accessible and more efficient for all participants.

2 Likes
2

15/05/23 - 21/05/23

{ARFC} Consolidate Collector Contract & Secure Service Provider Runway

Reason: Operational update to move & swap some funds/protocol fees to ensure the runway for service provider payments is there for the next few months.

Voted YAE

{ARFC} Add LUSD Arbitrum v3

Reason: Listing of LUSD in Arbitrum V3 with collateral disabled and borrowing enabled. We support the expansion of assets in Arbitrum V3.

Voted YAE

{ARFC} Add rETH to Aave V3 Arbitrum LP

Reason: Listing of rETH in Arb V3 which will enable more yielding strategies on Arbitrum and bring more lending/borrowing especially with the upcoming rETH/bb-a-wETH pool incentives. We support this listing.

Voted YAE

{TEMP CHECK} Add support for RPL on Ethereum v3

Reason: RPL listing on ETH v3. The token has sufficient liquidity to be onboarded into ETH V3 markets. We support this listing.

Voted YAE

{TEMP CHECK} Add support for fUSDC on Ethereum v3 Pool

Reason: fUSDC listing for ETH v3 which brings a yield-bearing USDC stable that is mainly collateralised by Blackrock’s SHV ETF accruing yield. We support the listing of tokenised RWA backed by established stablecoins.

Voted YAE

{ARFC} Activate emode for rETH Aave Ethereum V3 Pool

Reason: E-mode activation for rETH as this improves borrowing/lending efficiencies with low ricks considering LSDs becoming safe day by day. We support this.

Voted YAE

{ARFC} BUSD Offboarding Plan Part II

Reason: As BUSD is being slowly phased-out, this Part 2 of an off-boarding plan to slowly remove & de-incentivise BUSD credit moves has our support.

Voted YAE

{ARFC} Migrate Holdings from v2 to v3 and acquire wstETH and rETH

Reason: After the migration of DAO treasury holdings to V3, a conversion to wstETH & rETH for some yield accrual to optimise DAO holdings.

Voted YAE

{ARFC} Acquire BB-A-USD and deposit 50% into both Balancer and Aura Finance

Reason: Continuation of the DAO’s treasury management diversification by depositing into Balancer & Aura.

Voted YAE

{ARFC} Add ENS to Aave V3 Ethereum

Reason: ENS listing to Aave V3 ETH markets. We’re in support of this listing.

Voted YAE

{ARFC} Add 1INCH to Aave V3 Ethereum

Reason: 1INCH listing for V3 ETH markets. We’re in support of this listing.

Voted YAE

{TEMP CHECK} Add ARB to Arbitrum Aave v3

Reason: ARB listing on Arbitrum V3 markets. We’re in support of this listing

Voted YAE

{AIP} Risk Parameter Updates for Ethereum v3 (05/09/2023)

Reason: We support the parameter updates outlined.

Voted YAE

{AIP} Aave V3 Interest Rate Curve Changes (4/27)

Reason: We support the IR curve changes.

Voted YAE

{AIP} AGD Approval

Reason: An operational AIP regarding the aUSDT allowance for the AGD.

Voted YAE

{AIP} MaticX Supply Cap Increase Polygon v3

Reason: We’re in support of this Supply Cap increase for Polygon V3 as the demand is clear.

Voted YAE

3

22/05/23 - 28/05/23

{TEMP CHECK} FlashMinter Facilitator Approval

Reason: We support this flashminter as it will enable arbitrage for GHO and would assist in price stability.

Voted FOR

{ARFC} - Chaos Labs Risk Parameter Updates - Aave V3 Ethereum - 2023.05.18

Reason: We support the outlined risk updates by @ChaosLabs

Voted YAE

{ARC} Delegate Code of Conduct

Reason: A great initiative by flipsidecrypto to establish a formal code of conduct for existing and aspiring delegates. We’re in full support of creating guidelines around delegate platforms and the responsibilities.

Voted YAE

{ARFC} Activate emode for rETH Aave Ethereum V3 Pool

Reason: E-mode activation for rETH as this improves borrowing/lending efficiencies with low ricks considering the LSDs now being way safer.

Voted YAE

{AIP} Fix rate strategies issue on Aave v2 Polygon

Reason: An operational fix from an issue that was created by proposal 224. This fix is now fully compatible with Polygon v2

Voted YAE

{AIP} wMATIC Supply & Borrow Cap Increase Polygon v3

Reason: We support the caps increase update as there is clearly enough demand for wMATIC.

Voted YAE

{AIP} Activate Emode for rETH Aave Ethereum V3

Reason: We support e-mode activation for rETH as this enables multiple opportunities to leverage an LST such as rETH.

Voted YAE

{AIP} Aave Stablecoin E-mode changes for V3 Avalanche, Optimism, Polygon, and Arbitrum

Reason: We support the risk’s provider’s e-mode changes to optimise risks/rewards

Voted YAE

{AIP} Caps Plus Risk Steward

Reason: We support this update in order to enable access for Risk Providers to update caps while reducing a bit of governance load.

Voted YAE

{AIP} DeFi Saver Aave V3 FLashBorrowers Whitelist part II

Reason: We support the whitelisting of DeFi Saver.

Voted YAE

4

29/05/23 - 04/06/23

{ARFC} Polygon Supply Cap Update 23.05.2023

Reason: There is clear demand for supplying MaticX and we support this increase in Supply Cap.

Voted YAE

{ARFC} Optimism v3 Supply Cap Update

Reason: We support the 21.000 units cap increase for wstETH.

Voted YAE for Chaos Labs (21K units)

{ARFC} Optimism Create ETH E-Mode

Reason: We support ETH E-mode as it increases capital efficiency and there is enough liquidity to support this.

Voted YAE

{ARFC} Add fUSDC to Ethereum v3

Reason: As fUSDC is a yield-baring USDC, we support this addition which can leverage the utilisation of the fUSDC tokens.

Voted YAE

{TEMP CHECK} Safety Module Upgrade Part II - Asset Diversity, SM Categories & Slashing Updates
Reason: We support this upgrade as it enables asset diversification.

Voted YAE

{TEMP CHECK} Safety Module Upgrade Part III - Enable gauges on BPT in Safety Module (smBPT)

Reason: This is the continuation of the SM upgrade and the purpose is to earn yield from other protocols so that there is improved capital efficiency.

Voted YAE

{ARFC} Add RPL to Ethereum v3

Reason: We support the addition of RPL in the ETH V3 markets.

Voted YAE

{AIP} Price feeds operational update

Reason: We support this update.

Voted YAE

5

05/06/23 - 11/06/23

{ARFC} Polygon v3 Supply Cap Update 2023.05.21

Reason: There is clear demand for supplying stMatic and we support the increase in Supply Cap to 40M units.

Voted YAE - 40M units Gauntlet

{TEMP CHECK} Aave V3 Deployment on Base

Reason: Base is a promising L2 that the DeFi ecosystem should deploy on. We support this deployment.

Voted YAE

{ARFC} Add ARB to Arbitrum Aave v3

Reason: We support the addition of ARB on the Arbitrum v3 Market.

Voted YAE

{ARFC} Add GUSD to Aave V3 Ethereum

Reason: We support the diversity of stablecoins on Aave V3.

Voted YAE

{ARFC} Add USDP to Aave V3 Ethereum
Reason: Like GUSD, we support the listing of USDP as well on Aave V3.

Voted YAE

{AIP} BUSD Offboarding Plan Part II

Reason: After a successful Part I of the BUSD Off boarding AIP, we support this continuation.

Voted YAE

{AIP} Update Mai Token implementations, unpause & enable flashloanable

Reason: We support the implementations for MAI.

Voted YAE

{AIP} Deprecate Aave V2 AMM Market

Reason: We support this move.

Voted YAE

6

12/06/23 - 18/06/23

{TEMP CHECK} Pyth to Support AAVE on Optimism as a Secondary Oracle

Reason: Our reasoning on oracles is that everyone has a slightly nuanced approach that fits for different use cases either by being the main oracle or a secondary oracle.

Voted YAE

[TEMP CHECK] Aave v3 MVP deployment on Scroll mainnet

Reason: We believe in a multi-chain future and thus the expansion of Aave on Scroll can be beneficial for both ecosystems.

Voted YAE

[ARFC] Add FRAX to Ethereum Aave v3

Reason: We support the listing of FRAX as it enhances the diversity of stablecoins on Mainnet.

Voted YAE

[TEMP CHECK] Add GMX to Arbitrum v3

Reason: We support the listing of GMX on Arbitrum V3.

Voted YAE

[ARFC] Add FRAX Arbitrum Aave v3

Reason: We support the listing of FRAX as it enhances the diversity of stablecoins on Arbitrum.

Voted YAE

[ARFC] Add native USDC to the Arbitrum V3 pool

Reason: It is great to see native USDC being onboarded as soon as possible on V3 pools of Arbitrum.

Voted YAE

{AIP} Polygon Supply Cap Update

Reason: We support the Supply cap updates for MaticX & stMATIC with their cap reaching 100%.

Voted YAE

{AIP} Add LUSD to Arbitrum Aave V3

Reason: Diversity of stablecoins is crucial and LUSD will be another option for Aave users. We support this listing.

Voted YAE

{AIP} Add rETH to Arbitrum Aave v3

Reason: We support the onboarding of LSDs on Arbitrum network in order to create yielding strategies.

Voted YAE

{AIP} Add ENS to Aave V3 Ethereum

Reason: The continuous work of onboarding more assets into V3 is welcomed.

Voted YAE

{AIP} Add 1INCH to Aave V3 Ethereum

Reason: The continuous work of onboarding more assets into V3 is welcomed.

Voted YAE

{AIP} Risk Parameter Updates Aave V3 Ethereum

Reason: We support the outlined updates.

Voted YAE

{AIP} Risk Parameter Updates for AAVE V2 Ethereum

Reason: This AIP is solely focused on the CRV v2 market due to the recent news about the wallet of the founder of CRV. We’re not supportive of this action to freeze the asset as this is not how DeFi works. We agree that it worth paying attention to wallets at risk as general practice but are in line with the comments made by @MarcZeller and @ChaosLabs . As @ChaosLabs mentioned if there was a consensus to do a freeze, that should have been done long ago.

The position is still relatively healthy and we can see on-chain how actively managed it is.

Voted NAY

7

Long update over the last 3 weeks of our voting activity. Apologies for the late update.

19/06/23 - 25/06/23

{AIP} Price feeds operational update Pt2 - stETH

Reason: We support this operational update.

Voted YAE

[TEMP CHECK] GHO Liquidity Pools

Reason: We’re excited for the launch of GHO and support this temp check on the strategy of liquidity pools in order to maintain a healthy peg at the early stages of GHO.

Voted YAE

[TEMP CHECK] Aave | Flipside Proposal

Reason: Flipside has proposed a very detailed plan on how it can add value to the DAO. We support this on a high level and looking forward to see an adjusted version after the feedback on the forum in case it passes and goes to ARFC vote.

Voted YAE

[ARFC] - Chaos Labs Risk Parameter Updates - CRV Aave V2 Ethereum - 2023.06.15

Reason: We support the incremental decreases on LT & LTV for CRV on ETH V2.

Voted YAE

[AIP] Polygon v2 - Parameter Update

Reason: We support this update as it encourages users to migrate liquidity from V2 to V3

Voted YAE

[ARFC] Gauntlet Recommendation on TUSD for Aave v2 Ethereum

Reason: We support proactive risk management and thus believe some immediate actions need to be taken on TUSD.

Voted Option 2: Freeze Supply

[AIP] Chaos Labs V2 to V3 Migration Next Steps

Reason: We support the steps taken for the migration from V2 to V3.

Voted YAE

26/06/23 - 02/07/23

[ARFC] Bug bounties proposal

Reason: We support this distribution for bug bounties.

Voted YAE

[ARFC] USDT Risk Parameters Update Aave V3 ETH Pool

Reason: We support this update for enabling USDT as collateral. Stablecoin diversity not only provides better options for DeFi users but also creates more revenue for Aave.

Voted YAE

[ARFC] Chaos Labs - Incremental Reserve Factor Updates - Aave V2 Ethereum

Reason: We support these updates.

Voted YAE

[ARFC] Chaos Labs Risk Parameter Update - CRV Aave V3 Polygon - 2023.06.20

Reason: We support the incremental decreases in LT & LTV for CRV markets.

Voted YAE

[TEMP CHECK] Integrating MakerDAO’s DSR into Aave V3 Ethereum Pool

Reason: We support this integration. We acknowledge that this will increase gas costs for using DAI in Aave but believe the gas could be outweighed by the positive yield.

Voted YAE

[TEMP CHECK] GHO Stewards: Agile Parameter Changes

Reason: We support the outlined risk management approach curated by Chaos Labs and Gaunlet

Voted YAE

[TEMP CHECK] Allocating part of GHO Revenue to Safety Incentives

Reason: We support this idea. Enabling further use cases and reasons for users to safeguard Aave with the Safety module while diversifying from AAVE.

Voted YAE

[ARFC] Chaos Labs Risk Parameter Updates - FEI on Aave V2 Ethereum - 2023.6.22

Reason: We support the outlined parameter changes.

Voted YAE

[ARFC] Chaos Labs Risk Parameter Updates - Aave V2 Ethereum - 2023.6.23

Reason: We support the outlined parameter changes.

Voted YAE

[ARFC] Gas Rebate for Recognized Delegates

Reason: We embrace the steps taken to incentivise more governance participation and the reimbursement of recognized delegates is a great first step.

Voted YAE

[ARFC] Aave Robot v1 activation

Reason: We support this development as it could further automate governance procedures

Voted YAE

[AIP] Freeze TUSD Reserve on Aave V2 Ethereum

Reason: We support the freeze of TUSD as there are plenty of risks associated.

Voted YAE

[AIP] Chaos Labs - Payment Collection Request

Reason: We support this one-time transfer to Chaos Labs for their work.

Voted YAE

[AIP] Chaos Labs Risk Parameter Updates - CRV Aave V2 Ethereum

Reason: We support the incremental reductions of LT and LTV for CRV on V2.

Voted YAE

[AIP] Lower TUSD LT and LTV on Aave V2

Reason: TUSD carries a lot of risks right now and thus we support the reductions of LT and LTV on V2.

Voted YAE

[AIP] Optimism - Create ETH eMode Category

Reason: eMode enables greater efficiencies with yield strategies and we’re supportive of enabling ETH eMode on Optimism.

Voted YAE

[AIP] Add FRAX Arbitrum Aave v3

Reason: We support the listing of FRAX on Arbitrum.

Voted YAE

[AIP] Add FRAX Ethereum Aave v3

Reason: We support the listing of FRAX on Ethereum.

Voted YAE

[AIP] Treasury Managemet - Acquire wstETH & rETH

Reason: We support the acquisition of LSDs for the Aave DAO treasury.

Voted YAE

[AIP] Price feeds operational update Pt2.5 - wstETH

Reason: We support this update.

Voted YAE

[AIP] Gas Rebate for Recognized Delegates

Reason: We’re excited to see initiatives for Recognised Delegate reimbursement as this will incentivise more participation from smaller entities that can’t necessarily afford mainnet gas fees.

Voted YAE

[AIP] Chaos Labs Risk Parameter Update - CRV Aave V3 Polygon

Reason: We support the reductions in LT and LTV for CRV on V3.

Voted YAE

03/07/23 - 09/07/23

[AIP] Chaos Labs - Increase wstETH Supply Cap on V3 Arbitrum

Reason: We support the supply cap increase.

Voted YAE

[AIP] Ethereum v2 - Parameters Update

Reason: We support the outlined RF increases on V2.

Voted YAE

[AIP] Treasury Management - Acquire B-80BAL-20WETH

Reason: We support the proposed treasury conversions that are outlined in this proposal.

Voted YAE

[ARFC] Framework for ARFC and TEMP CHECK Proposals

Reason: Setting clear frameworks and guidelines around governance procedures is an important step to onboard new participation and delegates.

Voted YAE

[ARFC] Gauntlet Risk Parameter Updates for Ethereum v3, Arbitrum v3, Ethereum v2

Reason: We support the adjustments but we completely disagree with setting CRV LTV to 0 thus we voted NAE. We would support this ARFC if the CRV LTV to 0 was not included.

Voted NAE

[ARFC] Add rETH Aave v3 Optimism

Reason: We support the listing of rETH on Optimism V3.

Voted YAE

[ARFC] Add GMX to Arbitrum v3

Reason: We support the listing of GMX on Arbitrum V3.

Voted YAE

[TEMP CHECK] Aave V3 Deployment on Linea Testnet

Reason: Linea is a promising network and we’re supportive of deploying Aave as it will benefit the ecosystem and the DAO.

Voted YAE

[TEMP CHECK] Safety Module Upgrade Part IV - Incentives Management Upgrade

Reason: We support this SM upgrade.

Voted YAE

[TEMP CHECK] Safety Module Upgrade Part V - veToken Holding

Reason: We support this upgrade.

Voted YAE

8

10/07/23 - 16/07/23

[AIP] GHO Mainnet Launch

Reason: A big step for Aave with the launch of GHO. We’re fully supportive of this new stablecoin and are looking forward to participating towards it’s growth and liquidity.

Voted YAE

[AIP] Gauntlet Cap Updates for Ethereum, Optimism Aave v3

Reason: We support the outlined updates.

Voted YAE

[AIP] Make USDT a collateral for Aave V3 ETH Pool

Reason: We support stablecoin diversity and thus are supportive of USDT enabled as collateral.

Voted YAE

[AIP] Add RPL to Aave V3 Ethereum pool

Reason: We support the addition of RPL in the V3 pool.

Voted YAE

[AIP] Chaos Labs Risk Parameter Updates - Aave V2 Ethereum

Reason: We support this update.

Voted YAE

[AIP] add ARB to Aave V3 Arbitrum Pool

Reason: We support listing ARB on the Arbitrum pool.

Voted YAE

[AIP] Bug Bounty May 2023

Reason: We support the outlined bug bounty payments.

Voted YAE

[ARFC] Set Metis Foundation Wallet as Emission Manager for METIS Token on Aave V3 Metis Pool

Reason: We support this update.

Voted YAE

[ARFC] Aave Governance v3 (Governance, a.DI, Robot v3)

Reason: We support the projects developed by BGD Labs

Voted YAE

[ARFC] Gauntlet Risk Parameter Updates for Ethereum v3, Arbitrum v3, Ethereum v2

Reason: We support the outlined updates.

Voted YAE

[TEMP CHECK] Treasury Management - Introducing StrategicAssetManager

Reason: In support of the Strategic Asset Manager contract.

Voted YAE

[ARFC] Aave V3 Deployment on BNB Chain

Reason: We are believers of a multi-chain feature and thus protocols such as Aave should exist in networks such as BNB Chain

Voted YAE

[ARFC] GHO Steward: Agile Parameter Changes

Reason: We support the GHO Steward.

Voted YAE

17/07/23 - 23/07/23
[AIP] Add rETH Aave v3 Optimism

Reason: We support the listing of rETH on Optimism.

Voted YAE

24/07/23 - 30/07/23

[AIP] Add rETH Aave v3 Optimism

Reason: In support of listing rETH on Optimism.

Voted YAE

[AIP] MaticX Polygon Supply Cap Update

Reason: In support of the proposed supply cap update.

Voted YAE

[ARFC] TUSD Offboarding Plan

Reason: TUSD carries risks and thus we’re in support of the offboarding plan by adjusting the LT without causing severe user liquidations.

Voted YAE - Lower LT to 75%

[TEMP CHECK] Introducing “Curator” by Llama

Reason: We support the Curator feature.

Voted YAE

[ARFC] Reserve Factor Updates - Polygon Aave v2

Reason: We support the RF updates.

Voted YAE

[ARFC] Gauntlet - Synchronicity Price Adapter “Killswitch” Functionality for LST Emode

Reason: Great research from Gauntlet around LST emodes and the potential risks in a depeg scenario. We support Option 3: Lever B.

Voted Option 3: Lever B

[ARFC] GHO Liquidity Pools: Primary Pools Initial Strategy

Reason**:** We support the outlined strategy. It will be a great first step to onboard more liquidity for GHO

Voted YAE

[ARFC] Chaos Labs Risk Parameter Updates - MAI on Aave V3 - 2023.7.23

Reason: Unfortunately MAI has experienced a depeg event and thus Risk parameters need to be adjusted. We support the updates.

Voted YAE

[AIP] Chaos Labs Risk Parameter Update - MAI Aave V3

Reason: We support the updates on MAI as there is a depeg event and risks are increasing.

Voted YAE

[AIP] Chaos Labs Risk Parameter Updates - CRV Aave V2 Ethereum

Reason: We support the reduction of LT & LTV for CRV in order to reduce risks.

Voted YAE

[AIP] Gauntlet Risk Parameter Updates for Ethereum v3, Arbitrum v3, Ethereum v2

Reason: We support the recalibration of the outlined Risk parameters.

Voted YAE

[AIP] Set Metis Foundation Wallet as Emission Manager for METIS Token on Aave V3 Metis Pool

Reason: We support this implementation.

Voted YAE

9

31/07/23 - 06/08/23

[ARFC] Aave V3 Deployment on Base

Reason: Base is another promising L2 and with the promising integrations from Coinbase we believe it will be another great addition to the Aave ecosystem with TVL growth.

Voted YAE

[ARFC] Cancel Llama Service Provider Stream

Reason: Our position at first with Llama as a service provider was relatively neutral as they were engaged before we actively joined the DAO. Based on the forum discussion and more research around the actual deliverables, it was clear that they had underperformed in crucial areas while their budget was significant. Thus we’re supportive of Cancelling their Service Provider stream.

Voted YAE (Cancel Stream)

[ARFC] BUSD Offboarding Plan Part III

Reason: We support the off boarding of BUSD.

Voted YAE

[AIP] Chaos Labs Risk Parameter Updates - FEI on Aave V2 Ethereum

Reason: In support of reducing multiple parameters for FEI on V2.

Voted YAE

[AIP] Acquire More aUSDC on Aave Ethereum Collector

Reason: In support of collecting yield on the aUSDC holdings.

Voted YAE

[ARFC] Aave | Flipside Crypto Facilitator [v2]

Reason: Flipside has been a great contributor to the Aave DAO for a long time. We believe their outlined scope and focus will be a great addition to the DAO.

Voted YAE

[AIP] Reserve Factor Updates - Polygon Aave v2

Reason**:** In support of the RF updates.

Voted YAE

[AIP] TUSD offboarding plan

Reason: We support the TUSD derisking plan

Voted YAE

[AIP] Gauntlet Recommendation for CRV LTV → 0 on Aave v2 Ethereum

Reason: We support the CRV LTV → 0 as expressed here

Voted YAE

[AIP] Chaos Labs Risk Parameter Updates - CRV Aave V2 Ethereum

Reason: We support the reduction of LT & LTV for CRV in order to reduce risks.

Voted YAE

10

06/08/23 - 13/08/23

[AIP] Cancel Llama Streams

Reason: Llama has been a valuable contributor for the DAO but unfortunately their performance & scope did not match expectations.

Voted YAE

[AIP] Gauntlet Recommendation to reduce CRV LT, LTV, debt ceiling on V3 Ethereum and CRV LT, LTV on V3 Polygon

Reason: We support the reductions of parameters on V3 as a precaution.

Voted YAE

[ARFC] Activate LUSD as Collateral on Aave V3 ETH Pool

Reason: LUSD is another valuable stablecoin that gives optionality to DeFi users and thus we’re supportive of enabling it as collateral on V3

Voted YAE

[TEMP CHECK] Treasury Management - Avalanche v2 to v3 Migration

Reason: We’re supportive of transferring V2 funds to v3 on Avalanche for better deposit rates.

Voted YAE

[AIP] aCRV OTC Deal

Reason: We’re generally supportive of expanding into CRV for the benefit of GHO.

Voted YAE

[AIP] Increase MaticX supply cap

Reason: We support the supply cap increase for MaticX.

Voted YAE

[AIP] Reduce CRV LT by 6%

Reason**:** As part of our support to derisk gradually from the CRV position, we’re supportive of LT reductions if market conditions allow it.

Voted YAE

[AIP] Disable CRV Borrowing For Ethereum and Polygon V3

Reason: As part of the general de-risking strategy from CRV, we support the outlined changes.

Voted YAE

[AIP] BUSD Offboarding Plan Part III

Reason: We support BUSD off-boarding.

Voted YAE

11

14/08/23 - 20/08/23

[AIP] Supply Cap increase - wstETH

Reason: We support the supply cap increase for wstETH.

Voted YAE

[AIP] LUSD collateral activation

Reason: We support enabling LUSD as collateral on V3.

Voted YAE

[TEMP CHECK] Aave V3 Deployment on Celo

Reason: We support the MVP deployment of Aave on Celo.

Voted YAE

[AIP] Gauntlet Recommendation to Freeze CRV on Aave v2 Ethereum

Reason: We support the freeze of CRV on V2

Voted YAE

[ARFC] Sigma Prime audit budget extension

Reason: Security is of outmost importance for Aave and we support the budget extension.

Voted YAE

[ARFC] - Chaos Labs Scope and Compensation Amendment

Reason: Chaos Labs has been a great contributor to the DAO with their risk expertise. We support the updated compensation.

Voted YAE

[ARFC] CRV V2 Ethereum Deprecation Plan

Reason**:** We support the outlined plan for CRV on V2

Voted YAE

[ARFC] Chaos Labs Risk Parameter Updates - Aave V2 Ethereum - 2023.08.09

Reason: We support the aggressive Option as the impact on liquidations is minimal.

Voted YAE - Aggressive

[ARFC] sDAI Aave V3 Onboarding

Reason: We support the listing of sDAI as collateral-only.

Voted YAE

[ARFC] wGHO Aave V3 Onboarding

Reason: We support the onboarding of wGHO as it enables greater arbitrage opportunities that will eventually lead to a stable GHO peg.

Voted YAE

[AIP] stataToken operational update

Reason: We support this update.

Voted YAE

[AIP] Aave v3 Base Activation

Reason: Base is another layer with promising adoption and so we believe Aave needs to exist within that ecosystem for a win-win scenario.

Voted YAE

[AIP] Supply Cap Update - stMATIC Polygon v3

Reason: We support the supply cap increases for stMATIC

Voted YAE

[AIP] Increase MaticX supply cap

Reason: We support the supply cap increases for MaticX.

Voted YAE

[AIP] Swap assets to aUSDC

Reason: We support this proposal.

Voted YAE

12

[ARFC] Aave <> Bored Ghosts Developing (BGD) Phase 2

Reason: BGD has been an essential contributor to the DAO and we’re supportive of them continuing this collaboration.

Voted YAE

[AIP] Treasury Management - Polygon v2 to v3 Migration

Reason: We’re supportive of this treasury move to v3.

Voted YAE

[AIP] Chaos Labs Scope and Compensation Amendment

Reason: We support the compensation amendment of Chaos Labs. They have been a great contributor to the DAO and their proactiveness on Risk management has been great.

Voted YAE

[AIP] CRV Aave V2 Ethereum - LT Reduction

Reason: We support the reduction for CRV LT.

Voted YAE

[AIP] sDAI onboarding

Reason: We support the collateral onboarding of sDAI.

Voted YAE

[AIP] Gho unpause and freezing

Reason: We support this proposal.

Voted YAE

[TEMP CHECK] Aave Treasury Proposal for RWA Allocation

Reason**:** We abstained as this proposal requires steps that have to be decided by the DAO first such as establishment of legal entity and framework around RWA allocations. Once that is done, we believe an RFP framework where many RWA service providers put forward their capabilities is the right fit.

Voted ABSTAIN

[TEMP CHECK] Aave V3 “MVP” Deployment on GnosisChain

Reason: We support the MVP deployment on GnosisChain.

Voted YAE

[ARFC] Chaos Labs Risk Parameter Updates - Aave V3 Optimism - 2023.08.13

Reason: We support the outlined parameter updates.

Voted YAE

13

[ARFC] Treasury Management - Avalanche v2 to v3 Migration

Reason: We support this migration as it creates better opportunities and efficiencies on yield optimisation.

Voted YAE

[ARFC] Return OP to Aave Grants DAO Safe

Reason: We are supportive of returning the OP tokens to the AGD wallet.

Voted YAE

[AIP] Gho unpause and freezing

Reason: We support the unpause and freezing of GHO.

Voted YAE

[AIP] GHO update on Aave V3 Ethereum Pool

Reason: We support this GHO update.

Voted YAE

[AIP] Aave BGD Phase 2

Reason: We support the renewal of BGD. They have been a crucial contributor to the DAO.

Voted YAE

[AIP] Funding Aave Robot for Governance V2 Automation

Reason: We support this development.

Voted YAE

[ARFC] Increase GHO Borrow Rate

Reason**:** The increase in the GHO Borrow rate will help restore part of the de-peg for GHO while still maintaining a very competitive borrow rate within the ecosystem.

Voted YAE

[ARFC] Enabling USDT as collateral on Aave v3 AVAX Market

Reason: We’re supportive of USDT as collateral in the v3 AVAX Markets.

Voted YAE

[ARFC] - Chaos Labs Risk Parameter Updates - Aave V3 Ethereum - 2023.08.25

Reason: We support the recommended parameter updates.

Voted YAE

[AIP] Chaos Labs Risk Parameter Updates - Aave V3 Optimism

Reason: We support the recommended parameters for V3 Optimism.

Voted YAE

1 Like
14

04/09/23 - 10/09/23

[TEMP CHECK] TokenLogic Proposal

Reason: We’re supportive of TokenLogic engaging as a Service Provider and we believe they will be a great contributor. We voted NAY as we believe that Treasury management should be done differently and go through an RFP process.

Voted NAY

[ARFC] Treasury Management - Acquire AURA

Reason: Bootstrapping liquidity is essential for the adoption of GHO. Thus, we’re supportive of the AURA acquisition.

Voted YAE

[ARFC] Treasury Management - Replace AGD’s DAI Allowance with GHO Allowance

Reason: It is great to see the DAO and AGD embracing GHO usage and sending a strong signal.

Voted YAE

[TEMP CHECK] Proposal for Senate to Enable Dedicated Tooling for Aave Governance

Reason: We’re supportive of having tooling such as Senate within the Aave forum. It’s a useful tool that will make voting workload easier to digest.

Voted YAE

[ARFC] Quarterly Gas Rebate Distribution - August 2023

Reason: Supportive of gas rebates for recognised delegates as it decreases potential friction for participation.

Voted YAE

[AIP] Reserve Factor Updates - Polygon Aave v2

Reason: Supportive of the proposed RF changes. This will decrease deposit yields and inevitably incentivise a transition to V3.

Voted YAE

[AIP] Sigma Prime Audit Budget Extension

Reason: Supportive of this budget extensions as the audits done by Sigma prime are crucial.

Voted YAE

[AIP] SupplyCapLSTs

Reason: Gauntlet provided a comprehensive explanation on why this is a risky approach while liquidity has been declining due to Balance pool vulnerabilities. It is better to wait for the killswitch implementation.

Voted NAY

[AIP] Chaos Labs Risk Parameter Updates

Reason: We support the outlined updates.

Voted YAE

1 Like
15

11/09/23 - 17/09/23

[TEMP CHECK] Update Balancer Ecosystem Holdings

Reason: We’re supportive of adjusting the strategy towards AURA.

Voted YAE

[AIP] Freeze Stewards

Reason: We support this technical implementation of FreezeStewards on all networks

Voted YAE

[AIP] Chaos Labs Risk Parameter Updates _ Aave V3 Ethereum

Reason: We’re supportive of the parameters outlined by Chaos Labs.

Voted YAE

[ARFC] TokenLogic - 6 month Service Provider Proposal

Reason: TokenLogic has been a great contributor to the DAO. We maintain the position where we would like to see treasury management RFPs and align what is needed for the DAO. The scope covered by TokenLogic is not necessarily focused on how the DAO treasury yields the assets but more on operational treasury collections and optimisation of some assets. Notwithstanding these remarks, until there is appetite for an RFP process we support the scope outlined in the proposal.

Voted YAE

[ARFC] Aave Treasury Proposal for RWA Allocation

Reason: We appreciate the initiative taken by Centrifuge on creating a legal entity that will be able to invest the DAO treasury based on proposals. It’s something that is needed on multiple verticals and we believe 1m of USDC is a comfortable position based on liquidity. We also believe a framework needs to be created regarding those type of allocations and understand what the DAO is comfortable with.

Voted YAE

[ARFC] Gauntlet Interest Rate Recommendation for WETH

Reason: We supported Option 1 as it enables a more efficient looping strategy with greater returns. Additionally, LST liquidity has been declining and thus borrowing against WETH is preferable.

Voted Option 1

[ARFC] Gauntlet recommendation for WETH Uopt on Ethereum v3

Reason: We’re not really worried about WETH liquidity in case of liquidations and thus changing the Uopt, is not optimal.

Voted Option 3: 0.9 (no change)

[ARFC] - Chaos Labs Risk Parameter Updates - Aave V3 Avalanche - 2023.09.06

Reason: We’re supportive of the parameters outlined for V3 Avalanche.

Voted YAE

16

18/09/23 - 24/09/23

[AIP] Gauntlet recommendation to set MAI/MIMATIC isolated debt ceiling to 0 for Arbitrum, Avalanche, Polygon, Optimism v3

Reason: We support the de-risking of MAI due to continuous and sustained de-pegs.

Voted YAE

[AIP] Aave V3 Ethereum MKR Debt Ceiling Update

Reason: We’re supportive of increasing the MKR debt ceiling.

Voted YAE

[AIP] GHO Borrow Rate Update

Reason: A higher borrow rate decreases the effects of de-pegging GHO due to arbitrage and looping being taken against GHO. This proposal still maintains an attractive rate for borrowers and we’re supportive of this.

Voted YAE

[ARFC] wGHO Aave V3 Onboarding

Reason: We support the onboarding of wGHO as collateral. It will be another helpful tool to bring it back to peg.

Voted YAE

[ARFC] OP Risk Parameters Update for Aave V3 Optimism Pool

Reason: We’re supportive of the outlined adjustments.

Voted YAE

[ARFC] Safety Module - Polygon & Avalanche Coverage Update

Reason: In order to incentivise the move from V2 to V3, we support measures such as removing the SM coverage and reducing risk parameters.

Voted YAE

[ARFC] Expansion of “Orbit” - A DAO Funded Delegate Platform Initiative

Reason: Orbit is a program that promotes more active delegate participation and it’s great to see this getting funded by the DAO. We believe it will fuel more participation from a diverse array of delegates. As we’re also eligible for Orbit but do not rely on DAO related revenues, we accepted it but we will deploy the funds back to ecosystem by providing liquidity on DeFi pools and playing also a role in the deep liquidity of GHO.

Voted YAE

[TEMP CHECK] Treasury Management - Swap B-80BAL-20wETH to GHO

Reason: This swap makes economical sense for shifting incentives to AURA.

Voted YAE

[TEMP CHECK] Treasury Management - Create and Fund GHO Liquidity

Reason: While this proposal isn’t necessarily going to fix the de-peg of GHO, it is one of the tools that will deepen the liquidity and will make it an extremely strong stablecoin once it’s back to peg.

Voted YAE

[AIP] Rescue Mission Phase 2, 3

Reason: We’re supportive of this great initiative by BGD to recover tokens sent by mistake to the Aave ecosystem smart contracts.

Voted YAE

[ARFC] Treasury Management - GHO Liquidity Strategy Update

Reason: We support the strategy outlined.

Voted YAE

[TEMP CHECK] Add KNC to Ethereum Aave V3

Reason: We’re supportive of expanding the assets listed on Ethereum V3 and KNC has enough liquidity to be eligible.

Voted YAE

[AIP] Aave <> Immunefi program activation

Reason: We support the bug bounty program with Immunefi.

Voted YAE

[TEMP CHECK] Onboard STG to Ethereum Aave v3

Reason: We support the listing of STG on Ethereum V3

Voted YAE

[ARFC] TUSD Offboarding Plan Part II

Reason: We support the continuation of off-boarding TUSD

Voted YAE

17

25/09/23 - 01/10/23

[AIP] CRV Aave V2 Ethereum LT Reduction

Reason: We’re supportive of the 2% LT reduction.

Voted YAE

[ARFC] Aave V3 Deployment on zkEVM L2

Reason: We support Aave MVP deployment on zkEVM for establishing a presence on the ecosystem early on.

Voted YAE

[ARFC] Treasury Management - GHO Funding

Reason: GHO usage within Aave sends a strong signal and we’re supportive of all the initiatives mentioned on the proposal.

Voted YAE

[ARFC] Aave V3 Deployment on GnosisChain

Reason: GnosisChain deployment is another promising expansion of the Aave ecosystem towards a chain with promising usage cases.

Voted YAE

[TEMP CHECK] Updated Aave Grants Continuation Proposal

Reason: We’re supportive of AGD continuing their mission. We’re glad to see a separation of events as AGD now can be totally focused on grants.

Voted YAE

[ARFC] Aave V2 Markets Deprecation Plan

Reason: We’re supportive of the transition from V2 to V3.

Voted YAE

[AIP] Gauntlet recommendation to set WETH slope 1 to 3.3% on v3 markets, excluding Ethereum v3

Reason: We support the adjustment to 3.3% in order to incentivise borrowing against LST collateral.

Voted YAE

[ARFC] Gauntlet Recommendations to Lower stMATIC/MaticX non-emode LT/LTV on Polygon v3

Reason: We support the decrease in LT and LTV of non-emode Matic LSTs with a gradual pace. Thus we support Option 1.

Voted Option 1

[ARFC] Gauntlet Interest Rate Recommendation for WETH Base Rate

Reason: We support Option 1 which lowers the WETH base IR to 0 for v3 markets.

Voted Option 1

[AIP] Reserve Factor Updates - Polygon Aave v2

Reason: We support the RF increases for Polygon v2.

Voted YAE

[AIP] Treasury Management - Create AGD GHO Allowance

Reason: Great to see that GHO is used actively by the DAO which sends a strong message.

Voted YAE

[ARFC] Treasury Manage - GHO Liquidity Committee

Reason: We’re supportive of creating a GHO liquidity committee. Wide liquidity and variety of options in DeFi will make GHO a trusted permissionless stablecoin.

Voted YAE

[AIP] TokenLogic Service Provider Proposal

Reason: We believe that TokenLogic can be a great contributor to the DAO. We were skeptical since the Temp check that the scope is broad.

While the AIP was live, we learned that dydymoon who was a contributor for Tokelogic left. While we had voted YAE, this information made us more worried if the can perform the scope. TokenLogic has cancelled the AIP and we’re now waiting on more information regarding their plans.

Voted YAE

1 Like
18

02/10/23 - 08/10/23

[AIP] Expansion of Orbit

Reason: We’re glad to see the Orbit program being adopted by the DAO and we believe it will create more participation and adoption in Governance.

Voted YAE

[ARFC] Treasury Management - Amend Safety Module AAVE Emissions

Reason: AAVE DAO has been overpaying for their SM for a while and we’re supportive of this reduction in emissions.

Voted YAE

[ARFC] Treasury Management - Update Balancer Ecosystem Holdings

Reason: We’re supportive of Option 3 which is a good compromise from all sides.

Voted YAE (Option 3)

[AIP] Treasury Management - Create AGD GHO Allowance

Reason: Using GHO as a DAO sends a strong signal to everyone.

Voted YAE

[AIP] Reserve Factor Updates - Polygon Aave v2

Reason: We support the updates on RF parameters on Polygon V2

Voted YAE

[ARFC] STG onboarding on AaveV3 Ethereum Market

Reason: We support the listing of STG on Mainnet V3

Voted YAE

[ARFC] KNC onboarding on AaveV3 Ethereum market

Reason: We support the listing of KNC on Mainnet V3.

Voted YAE

[AIP] Treasury Management - Polygon v2 to v3 Migration

Reason**:** We support the migration of treasury and deposit into V3.

Voted YAE

[TEMP CHECK] Add FXS to Ethereum V3

Reason: We’re supportive of FXS getting listed on Mainnet V3.

Voted YAE

[TEMP CHECK] Aave Events & Sponsorship Budget

Reason: Glad to see Aave taking full control over events and as mentioned in the forum, we believe the budget is reasonable considering it will be carried forward. AAVE branding is important and should have high standards as always.

Voted YAE

19

09/10/23 - 15/10/23

[ARFC] TokenLogic Hohmann Transfer

Reason: We support TokenLogic receiving GHO as part of Orbit while they’re not a service provider.

Voted YAE

[AIP] Add DebtSwapAdapter as FlashBorrower

Reason: We’re supportive of this implementation.

Voted YAE

[AIP] Gauntlet Recommendations to Lower stMATIC/MaticX non-emode LT/LTV on Polygon v3

Reason: We support the reduction of LT/LTV for Matic LSTs.

Voted YAE

[ARFC] Transfer Assets From Polygon To Ethereum Treasury

Reason: We’re supportive of this transfer in order to optimise treasury holdings.

Voted YAE

[AIP] Gauntlet Recommendations to Lower WETH Variable Base to 0 on Arbitrum, Optimism v3

Reason: We support the recommendations by Gauntlet.

Voted YAE

[AIP] v2 Deprecation Plan, 2023.10.03

Reason: We support the parameter changes on V2

Voted YAE

[AIP] STG onboarding on AaveV3 Ethereum Market

Reason: We support the listing of STG on V3 market.

Voted Option 1

[AIP] Fund GHO Liquidity Committee

Reason: We support the funding of GHO liquidity commitee

Voted YAE

[AIP] KNC onboarding on AaveV3 Ethereum market

Reason: We support the listing of KNC to V3 market.

Voted YAE

[ARFC] Enhancing Aave DAO’s Liquidity Incentive Strategy on Balancer

Reason: We support the outlined strategy as a good middle-ground after a long discussion of options presented by @Dydymoon and @Karpatkey.

Voted YAE

[ARFC] Further increase GHO Borrow Rate

Reason: We support the rate increase to 3%

Voted YAE

16/10/23 - 22/10/23

[TEMP CHECK] stEUR Onboarding on Aave V3 Ethereum Pool

Reason: We support the listing of stEUR on Ethereum V3.

Voted YAE

[TEMP CHECK] CRVUSD Onboarding on Aave V3 Ethereum Pool

Reason: We support the listing of CRVUSD on Ethereum V3.

Voted YAE

[ARFC] Aave Events & Sponsorship Budget

Reason: We’re glad to see that AaveCompanies is taking full responsibility for events and sponsorship. We’re supportive of the outlined budget

Voted YAE

[ARFC] Gauntlet recommendation for MAI / MIMATIC deprecation

Reason: We support the outlined depreciation of MAI/MIMATIC.

Voted YAE

[AIP] TokenLogic Hohmann Transfer

Reason: We support this transfer and inclusion to Orbit.

Voted YAE

[AIP] Enable borrow of OP token

Reason: We support enabling the borrow market on OP.

Voted YAE

[AIP] Futher Increase GHO Borrow Rate

Reason: We support the raise of rates on GHO as it maintains competitiveness while improving the peg.

Voted YAE

[ARFC] Upgrade Aave V3 ETH pool wETH parameters

Reason: We support Slope 1 → 2.8% as it creates borrowing opportunities for looping.

Voted Slope 1 → 2.8%

1 Like
20

23/10/23 - 29/10/23

[ARFC] sDAI Onboarding on Aave V3 Gnosis Pool

Reason: We support onboarding sDai on the Gnosis deployment as there has been a surge of TVL with sDAI.

Voted YAE

[ARFC] Treasury Management - Add to rETH Holding

Reason: As we expressed in the forum, from a pure treasury management point stETH makes

Voted YAE

[ARFC] ACI Phase II

Reason: We’re supportive of Phase II for the ACI. They have been an essential contributor to the DAO.

Voted YAE

[AIP] Events Funding

Reason: We support the funding of events in order to maintain Aave exposure and branding at a top level.

Voted YAE

[AIP] Prices operational update. Unify disabled fallback oracles

Reason: As there are no real use cases for having a fallback oracle on Aave, it makes sense to replace with null address.

Voted YAE

[AIP] Enhancing Aave DAO’s Liquidity Incentive Strategy on Balancer

Reason: We’re supportive of the outlined incentive driven liquidity strategy for GHO.

Voted YAE

[AIP] Reserve Factor Update October 2023

Reason**:** We support the RF updates on Polygon V2

Voted YAE

[AIP] Transfer Assets From Polygon To Ethereum Treasury

Reason: We support the transfer of the assets to ETH treasury.

Voted YAE

[AIP] Governance v2.5 Activation

Reason: As we already expressed, we’re very excited for Aave Governance V3 and we support this partial activation.

Voted YAE

30/10/23 - 05/11/23

[ARFC] Aave Funding Update

Reason: This proposal is something that was needed for the DAO in order to have a high level view of approximate budget needed for the next 6months. We support the service provider payments being in GHO.

Voted YAE

[ARFC] Treasury Management - Tooling Upgrade

Reason: We support this type of task specific contracting as this type of tooling is essential for efficient governance operations.

Voted YAE

[ARFC] Chaos Labs <> Aave Risk Management - Renewal

Reason: We support this renewal, risk providers are essential for the livelihood of Aave.

Voted YAE

[AIP] ACI Phase II

Reason: The ACI team has been critical to the Aave DAO with many great contributions. We’re supportive of Phase II.

Voted YAE

[AIP] Aave v3 Gnosis Activation

Reason: We support the launch of Aave V3 on Gnosis.

Voted YAE