LBS Blockchain Society Delegate Platform

[ARFC] Optimism Create ETH E-Mode

Vote Result: YES

Rationale

On-chain data shows that there is a clear demand for yield generation by borrowing wETH and acquiring more wstETH to loop, which will lead to increased revenue generation for Aave as users will be able to enter yield maximising strategies with greater capital efficiency. Moreso, Gauntlet and Chaos Labs are both in support. Therefore, we will vote YES in favour of this proposal.