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