# LBS Blockchain Society Delegate Platform

**URL:** <https://governance.aave.com/t/lbs-blockchain-society-delegate-platform/10254>\
**Category:** Delegate Platforms\
**Created:** [October 12, 2022, 4:32pm UTC](https://governance.aave.com/t/lbs-blockchain-society-delegate-platform/10254 "2022-10-12T16:32:11Z")\
**Posts on this page:** 20\
**Page:** 26

<div class="post-metadata">

**Author:** ![lbsblockchain](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/lbsblockchain/32/2371_2.png) [@lbsblockchain](https://governance.aave.com/u/lbsblockchain)\
**Post date:** [October 23, 2023, 2:11pm UTC](https://governance.aave.com/t/lbs-blockchain-society-delegate-platform/10254/506 "2023-10-23T14:11:44Z")

</div>

**[ARFC] ACI Phase II**

_Vote Result_: YES

_ **Rationale** _

The ACI has been one of, if not the, most prominent contributors in promoting the growth of Aave. Their performance has been great and ACI has proved itself as beneficial to the DAO, especially with Skyward and other initiatives. Therefore, we will vote YES in favour of this proposal.

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<div class="post-metadata">

**Author:** ![lbsblockchain](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/lbsblockchain/32/2371_2.png) [@lbsblockchain](https://governance.aave.com/u/lbsblockchain)\
**Post date:** [October 26, 2023, 9:30am UTC](https://governance.aave.com/t/lbs-blockchain-society-delegate-platform/10254/507 "2023-10-26T09:30:42Z")

</div>

**Prices operational update. Unify disabled fallback oracles**

_Vote Result_: YES

_ **Rationale** _

This is another operational update by BGD in order to optimise Aave and there is no risk in this proposal. Therefore, we will vote in favour of this proposal.

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<div class="post-metadata">

**Author:** ![lbsblockchain](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/lbsblockchain/32/2371_2.png) [@lbsblockchain](https://governance.aave.com/u/lbsblockchain)\
**Post date:** [October 26, 2023, 9:30am UTC](https://governance.aave.com/t/lbs-blockchain-society-delegate-platform/10254/508 "2023-10-26T09:30:55Z")

</div>

**Enhancing Aave DAO’s Liquidity Incentive Strategy on Balancer**

_Vote Result_: YES

_ **Rationale** _

This is the on-chain vote for this [Snapshot ARFC](https://snapshot.org/#/aave.eth/proposal/0xd1136b4db12346a95870f5a52ce02ef1bd4fb83cbbbf56c709aa14ae2d38659b) that we voted in favour of according to our rationale [here](https://governance.aave.com/t/lbs-blockchain-society-delegate-platform/10254/494). Therefore, we will vote YES in favour of this AIP.

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<div class="post-metadata">

**Author:** ![lbsblockchain](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/lbsblockchain/32/2371_2.png) [@lbsblockchain](https://governance.aave.com/u/lbsblockchain)\
**Post date:** [October 26, 2023, 9:31am UTC](https://governance.aave.com/t/lbs-blockchain-society-delegate-platform/10254/509 "2023-10-26T09:31:09Z")

</div>

**Reserve Factor Update October 2023**

_Vote Result_: YES

_ **Rationale** _

This is the latest AIP in the [series of reserve factor updates](https://app.aave.com/governance/proposal/?proposalId=328) for assets on Polygon v2 that we voted in favour of - the last rationale is [here](https://governance.aave.com/t/lbs-blockchain-society-delegate-platform/10254/463). Therefore, we will vote YES in favour of this proposal as well.

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<div class="post-metadata">

**Author:** ![lbsblockchain](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/lbsblockchain/32/2371_2.png) [@lbsblockchain](https://governance.aave.com/u/lbsblockchain)\
**Post date:** [October 26, 2023, 9:32am UTC](https://governance.aave.com/t/lbs-blockchain-society-delegate-platform/10254/510 "2023-10-26T09:32:04Z")

</div>

**Transfer Assets From Polygon To Ethereum Treasury**

_Vote Result_: YES

_ **Rationale** _

This is the on-chain vote for this [Snapshot ARFC](https://snapshot.org/#/aave.eth/proposal/0x33def6fd7bc3424fc47256ec0abdc3b75235d6f123dc1d15be7349066bc86319) that we voted in favour of according to our rationale [here](https://snapshot.org/#/aave.eth/proposal/0x33def6fd7bc3424fc47256ec0abdc3b75235d6f123dc1d15be7349066bc86319). Therefore, we will vote YES in favour of this AIP.

---

<div class="post-metadata">

**Author:** ![lbsblockchain](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/lbsblockchain/32/2371_2.png) [@lbsblockchain](https://governance.aave.com/u/lbsblockchain)\
**Post date:** [October 26, 2023, 9:32am UTC](https://governance.aave.com/t/lbs-blockchain-society-delegate-platform/10254/511 "2023-10-26T09:32:26Z")

</div>

**Governance v2.5 Activation**

_Vote Result_: YES

_ **Rationale** _

We are in favour of v3 Governance and this is a step towards it while we wait for Mixbytes’ security review of Certora’s formal verification components to finish. Activating a.DI is a positive step for Aave’s governance mechanisms and therefore we will vote YES in favour of this proposal.

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<div class="post-metadata">

**Author:** ![lbsblockchain](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/lbsblockchain/32/2371_2.png) [@lbsblockchain](https://governance.aave.com/u/lbsblockchain)\
**Post date:** [November 1, 2023, 10:51am UTC](https://governance.aave.com/t/lbs-blockchain-society-delegate-platform/10254/513 "2023-11-01T10:51:57Z")

</div>

**[ARFC] Aave Funding Update**

_Vote Result_: YES

_ **Rationale** _

This proposal very clearly outlines the expenses for the DAO over the next few months and how we will propose to cover them. It is the standard of what treasury management should look like, with transparency on all costs and holdings, actions that need to cover all costs and maintain a healthy runway. Therefore, we will vote YES in favour of this proposal.

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<div class="post-metadata">

**Author:** ![lbsblockchain](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/lbsblockchain/32/2371_2.png) [@lbsblockchain](https://governance.aave.com/u/lbsblockchain)\
**Post date:** [November 1, 2023, 10:52am UTC](https://governance.aave.com/t/lbs-blockchain-society-delegate-platform/10254/514 "2023-11-01T10:52:13Z")

</div>

**[ARFC] Treasury Management - Tooling Upgrade**

_Vote Result_: YES

_ **Rationale** _

The proposed funding amount to build these contracts is fair and will streamline Aave’s treasury management while building public goods that can be used by Aave for the foreseeable future. This proposal optimises Aave’s treasury and infrastructure, which is necessary. Therefore, we will vote YES in favour of this proposal.

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<div class="post-metadata">

**Author:** ![lbsblockchain](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/lbsblockchain/32/2371_2.png) [@lbsblockchain](https://governance.aave.com/u/lbsblockchain)\
**Post date:** [November 3, 2023, 10:47am UTC](https://governance.aave.com/t/lbs-blockchain-society-delegate-platform/10254/515 "2023-11-03T10:47:35Z")

</div>

**ACI Phase II**

_Vote Result_: YES

_ **Rationale** _

This is the on-chain proposal for this [Snapshot ARFC](https://snapshot.org/#/aave.eth/proposal/0x04e7059fc5b2c33d4e4554d68d27ef67c1f6d9d310b07493116bdfbf15c25bbc) that we voted in favour of according to our rationale [here](https://governance.aave.com/t/lbs-blockchain-society-delegate-platform/10254/506). Therefore, we will vote YES in favour of this proposal as well.

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<div class="post-metadata">

**Author:** ![lbsblockchain](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/lbsblockchain/32/2371_2.png) [@lbsblockchain](https://governance.aave.com/u/lbsblockchain)\
**Post date:** [November 3, 2023, 10:47am UTC](https://governance.aave.com/t/lbs-blockchain-society-delegate-platform/10254/516 "2023-11-03T10:47:51Z")

</div>

**Aave v3 Gnosis Activation**

_Vote Result_: YES

_ **Rationale** _

This is the on-chain proposal for this [Snapshot ARFC](https://snapshot.org/#/aave.eth/proposal/0xb62c93a8b3590dc46eed92b223da5fcbbf6b52f1f79a0c2fcd80bbc0afea59d8) that we voted in favour of according to our rationale [here](https://governance.aave.com/t/lbs-blockchain-society-delegate-platform/10254/462). Therefore, we will vote YES in favour of this proposal as well.

---

<div class="post-metadata">

**Author:** ![lbsblockchain](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/lbsblockchain/32/2371_2.png) [@lbsblockchain](https://governance.aave.com/u/lbsblockchain)\
**Post date:** [November 3, 2023, 10:48am UTC](https://governance.aave.com/t/lbs-blockchain-society-delegate-platform/10254/517 "2023-11-03T10:48:07Z")

</div>

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

_Vote Result_: YES

_ **Rationale** _

As we expressed in our post on the forum [here](https://governance.aave.com/t/arfc-chaos-labs-aave-risk-management-renewal/15234/4), we are completely in support of renewing Chaos Labs’ contract with Aave DAO - it is a no-brainer, especially with the way the proposal has been structured and how Chaos has exceeded expectations in its first year with the DAO. Therefore, we will vote YES in favour of this proposal.

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<div class="post-metadata">

**Author:** ![lbsblockchain](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/lbsblockchain/32/2371_2.png) [@lbsblockchain](https://governance.aave.com/u/lbsblockchain)\
**Post date:** [November 3, 2023, 10:49am UTC](https://governance.aave.com/t/lbs-blockchain-society-delegate-platform/10254/518 "2023-11-03T10:49:10Z")

</div>

**[ARFC] Chaos Labs - CRV Aave V3 Polygon - LT Reduction - 10.28.2023**

_Vote Result_: YES

_ **Rationale** _

Aligning CRV’s parameters in line with market liquidity is logical and de-risks the asset on Aave. The number of liquidations are not high and have a low monetary impact. Therefore, we will vote YES in favour of this proposal.

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<div class="post-metadata">

**Author:** ![lbsblockchain](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/lbsblockchain/32/2371_2.png) [@lbsblockchain](https://governance.aave.com/u/lbsblockchain)\
**Post date:** [November 6, 2023, 12:09pm UTC](https://governance.aave.com/t/lbs-blockchain-society-delegate-platform/10254/519 "2023-11-06T12:09:36Z")

</div>

**Disable Stable Borrows**

_Vote Result_: YES

_ **Rationale** _

It makes sense to disable stable borrows for the moment until the bug is fixed, especially if the vulnerability is critical and the protocol could get hacked. Therefore, we will vote YES in favour of this proposal.

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<div class="post-metadata">

**Author:** ![lbsblockchain](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/lbsblockchain/32/2371_2.png) [@lbsblockchain](https://governance.aave.com/u/lbsblockchain)\
**Post date:** [November 6, 2023, 12:09pm UTC](https://governance.aave.com/t/lbs-blockchain-society-delegate-platform/10254/520 "2023-11-06T12:09:54Z")

</div>

**[ARFC] GHO - Increase Borrow Rate**

_Vote Result_: YES

_ **Rationale** _

While in the long-term, increasing the utility of GHO and generating organic demand are the only ways to ensure the peg remains solid, increasing the borrow rate to reduce the incentive to mint GHO relative to other stablecoins will at least get GHO in line with other stablecoins. It will still be hard enough to hold the peg but this measure to a certain extent limits the downward pressure on the peg, especially when Chaos Labs and Gauntlet do not think this adds too much risk. While being cognizant of the fact that increasing the borrow rate will not bring the peg back to parity and limits GHO’s growth, we think limiting any sources of peg deviation (e.g., discount to other stablecoins) is paramount to begin with, and therefore will vote YES in favour of this proposal.

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<div class="post-metadata">

**Author:** ![lbsblockchain](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/lbsblockchain/32/2371_2.png) [@lbsblockchain](https://governance.aave.com/u/lbsblockchain)\
**Post date:** [November 9, 2023, 6:12pm UTC](https://governance.aave.com/t/lbs-blockchain-society-delegate-platform/10254/521 "2023-11-09T18:12:12Z")

</div>

**Multichain Stable Debt Token Upgrades**

_Vote Result_: YES

_ **Rationale** _

Disabling the minting of new stable debt given the vulnerability reported is an essential step to mitigate further risk to the protocol. Moreover, this proposal will also enable the unpausing of all assets on v3 Polygon, v3 Avalanche, v3 Optimism and v3 Arbitrum. Therefore, we will vote YES in favour of this proposal.

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<div class="post-metadata">

**Author:** ![lbsblockchain](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/lbsblockchain/32/2371_2.png) [@lbsblockchain](https://governance.aave.com/u/lbsblockchain)\
**Post date:** [November 10, 2023, 9:58am UTC](https://governance.aave.com/t/lbs-blockchain-society-delegate-platform/10254/522 "2023-11-10T09:58:15Z")

</div>

**[ARFC] wMATIC Interest Rate Update**

_Vote Result_: YES - Slope1 5%

_ **Rationale** _

Reducing Slope1 is the correct choice right now given the benefits of facilitating more Emode borrowing against LST collateral, additional revenue to Aave, and adjusting the current risk profile for LSTs to depend less on onchain activity, which has been volatile in recent months. Option 1 at the moment makes more sense given the current borrow rate for wMATIC on Polygon v3 is 5.17% and reducing it to 4.30%, which is much lower, would be a riskier proposition. It would be better to wait and see how the market responds and then reduce the rate down further. Therefore, we will vote YES in favour of OPTION 1.

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<div class="post-metadata">

**Author:** ![lbsblockchain](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/lbsblockchain/32/2371_2.png) [@lbsblockchain](https://governance.aave.com/u/lbsblockchain)\
**Post date:** [November 10, 2023, 10:25am UTC](https://governance.aave.com/t/lbs-blockchain-society-delegate-platform/10254/523 "2023-11-10T10:25:22Z")

</div>

**[ARFC] Aave Swap Upgrade**

_Vote Result_: YES

_ **Rationale** _

Upgrading the functionality of the Aave Swap contract makes sense especially in light of the need to use TWAP swap functionality to purchase AURA for Aave’s treasury management strategy. Adding limit orders, especially if the lift is low, makes sense. The proposed funding amount seems to be appropriate especially given the relatively quick delivery period. Therefore, we will vote YES in favour of this proposal.

---

<div class="post-metadata">

**Author:** ![lbsblockchain](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/lbsblockchain/32/2371_2.png) [@lbsblockchain](https://governance.aave.com/u/lbsblockchain)\
**Post date:** [November 10, 2023, 10:28am UTC](https://governance.aave.com/t/lbs-blockchain-society-delegate-platform/10254/524 "2023-11-10T10:28:49Z")

</div>

**Chaos Labs Risk Management Renewal**

_Vote Result_: YES

_ **Rationale** _

This is the on-chain proposal for this [Snapshot ARFC](https://snapshot.org/#/aave.eth/proposal/0x6fc4b8ece3d4ac789e043d6aace9ffa77a886a7ea4e0bfe4a55b7a8cdada065e) that we voted in favour of according to our rationale [here](https://governance.aave.com/t/lbs-blockchain-society-delegate-platform/10254/517). Therefore, we will vote YES in favour of this proposal as well.

---

<div class="post-metadata">

**Author:** ![lbsblockchain](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/lbsblockchain/32/2371_2.png) [@lbsblockchain](https://governance.aave.com/u/lbsblockchain)\
**Post date:** [November 10, 2023, 1:19pm UTC](https://governance.aave.com/t/lbs-blockchain-society-delegate-platform/10254/525 "2023-11-10T13:19:48Z")

</div>

**Liquidations Grace Sentinel Activation**

_Vote Result_: YES

_ **Rationale** _

It is important to enable the Liquidations Grace Sentinel to protect Aave users who have already deposited assets and are impacted by such security incidents. Gauntlet is also in agreement and has recommended a 3-hour grace period which does not add excess risk to the protocol under current conditions. Therefore, we will vote YES in favour of this proposal.

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<div class="post-metadata">

**Author:** ![lbsblockchain](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/lbsblockchain/32/2371_2.png) [@lbsblockchain](https://governance.aave.com/u/lbsblockchain)\
**Post date:** [November 10, 2023, 1:25pm UTC](https://governance.aave.com/t/lbs-blockchain-society-delegate-platform/10254/526 "2023-11-10T13:25:22Z")

</div>

**Aave V2 Ethereum LT Reduction**

_Vote Result_: YES

_ **Rationale** _

This is the latest in a series of LT reductions on Aave v2 according to the v2 deprecation framework and it is important to deprecate v2. The number of liquidations is controlled by being at least ~4% from the closest LT figure which would trigger more substantial liquidations. Therefore, we will vote YES in favour of this proposal.

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