LBS Blockchain Society Delegate Platform

BAL Interest Rate Curve Upgrades

Vote Result: ABSTAIN

Rationale

Given that we abstained in the Snapshot vote for this proposal since there was no detailed risk analysis done for this proposal, we have decided to ABSTAIN for this on-chain vote as well. Llama and Gauntlet are not aligned on the appropriate parameter for Slope1, as can be seen in the forum discussion. Since the rest of the community has voted in favour of this proposal and we were not clear about the recommendation from Aave’s risk providers, we felt it would be prudent to abstain from voting in this proposal altogether.