Llama Month 8 Update

Governance General
2

Forward Guidance Update

Hi Everyone,

Llama intends to more frequently provide forward guidence spanning the various initiatives we are working on for Aave DAO in the near term.

Our Month 9 update will be the first monthly update that incorporates a forward looking insights into what we have scheduled in the Aave roadmap.

This publication presents various initiatives, each within there respective verticle.

Growth

Supply Caps

Llama shall continue to focus on growing the adoption of Aave by proactively contributing to the management of Supply and Borrow Caps that support/encourage products/strategies to be maintained/built on Aave. This spans numerous teams which are building/built on Aave.

Asset Listings

  • swETH (Ethereum - pending Redstone oracle)
  • osETH (Ethereum - pending launch & oracle)
  • ETHx (Ethereum - pending launch) @MarcZeller is picking up this one
  • cbETH (Expansion beyond Ethereum) @MarcZeller is picking up this one
  • rETH (Optimism - pending Chainlink Oracle)
  • divETH (Ethereum - pending launch & oracle)
  • tBTC (Arbitrum - pending oracle)
  • GMX (Arbitrum - pending Snapshot)
  • truMATIC (Polygon - pending launch & oracle)
  • OHM (Ethereum)
  • BADGER (Ethereum - pending sentiment pivot)

Balancer Focused

  • rETH/bb-a-wETH (Ethereum) - ongoing
  • wstETH/wETH Redirect Incentive Flywheel to wstETH/bb-a-wETH (Ethereum) - ongoing
  • OHM/bb-a-wETH Gauge Proposal (Ethereum) - ongoing
  • OHM/bb-a-DAI (Ethereum)
  • bb-w-wMATIC/bb-a-USD (Polygon)
  • smBPT Gauges Concept Sentiment check (Ethereum)
  • Explore Balancer + Aura Grant for SM Integration Audit costs

Analytics

  • Develop indicies to serve as a benchmark for Aave’s treasury holdings
  • Compare performance of each Treasury/Collector Contract to the benchmark
  • Performance metric/tracking of Treasury holdings
  • Continue to add to the Safety Module analytics User Interface
  • Periodic financial reporting

Treasury Management

  • Acquire 80BAL-20WETH
  • Acquire veBAL
  • Introduce “TBA” Strategic Asset Manager contract to Aave Community
  • Introduce “Curator” to Aave Community, to be used for consolidating assets on Ethereum.
  • Consolidate Treasury and acquire LSTs via the Curator contract
  • Repurpose the Curator with streaming contract to support creation of a Bad Debt budget/management contract.
  • Continue to claim Aave’s monthly revenue contracts

Safety Module

  • Consolidated Part 1 to Part 3 into a single [ARFC] publication.
  • Progress Part 4 of 6 through Snapshot
  • Progress Part 5 of 6 through Snapshot

The above is a non exhaustive list of various initiatives that Llama is planning to deliver to Aave DAO in the near to medium term. Other initiatives may arise that will be evaluated and then prioritised ahead of initiates mentioned above.

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