LBS Blockchain Society Delegate Platform

[TEMP CHECK] Further Aave v1 Deprecation Strategy

Vote Result: YES


Completely and thoroughly deprecating Aave v1 is necessary and the steps laid out by BGD are logical in removing the liquidity that is stuck on the protocol. The three phases give depositors enough notice to remove liquidity by the time Phase 3’s forced withdrawal mechanism comes into play. Therefore, we will vote YES in favour of this proposal.

Note: We were not able to vote for this proposal since our voting power is to be re-delegated following the implementation of Aave Governance v3, but have posted our rationale here regardless.

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