Hi everyone, we would like to share our monthly progress report and field any questions from the Aave community.
As a reminder, our areas of focus are:
- Protocol upgrades
- Treasury management
We’re planning to host our next Llama <> Aave community Twitter Spaces on June 8, 2023 at 11:00 am ET - we hope you’ll join us!
- Proposed and executed 4 on-chain proposals:
- Published 10 topics on Aave’s forum for discussion.
- Added dashboards on Aave Grants and the Safety Module to our Aave page.
You can find all this information and more at community.llama.xyz/aave.
|Task||Actions Taken||Notes & Commentary|
|Safety Module Performance||Launched Safety Module dashboard on community.llama.xyz.|
|Accounting Reports||Launched Aave Grants dashboard on community.llama.xyz.|
|Grow Aave’s Revenue||Proposed and executed AIP-225: LST Supply Cap Increase Polygon & Arbitrum|
|Other||Proposed and executed AIP-228: AGD Approval||Corrects the Aave Grants’ aUSDT allowance that was previously incorrectly set.|
|Grow Aave’s Revenue||Proposed and executed AIP-229: MaticX Supply Cap Increase Polygon v3|
|Grow Aave’s Revenue||Proposed and executed AIP-231: wMATIC Supply & Borrow Cap Increase Polygon v3|
|Grow Aave’s Revenue||[ARFC] Increase wstETH Supply Cap on Polygon v3||Executed via AIP-225|
|Grow Aave’s Revenue||[ARFC] Increase stMATIC SupplyCap|
|Grow Aave’s Revenue||[ARFC] wstETH Supply Cap Increase Arbitrum v3||Executed via AIP-225|
|Grow Aave’s Revenue||[ARFC] wMATIC Supply & Borrow Cap Increase Polygon v3 16.05.2023||Increase Supply & Borrow Cap wMATIC on Polygon v3.
Executed via AIP-231
|Grow Aave’s Revenue||[ARFC] Ethereum v3 Supply Cap Update 18.05.2023||Increase the Supply Cap for wstETH and rETH on Aave Ethereum v3|
|Grow Aave’s Revenue||[ARFC] Polygon & Arbitrum v3 Supply Cap Update 19.05.2023||Increase the Supply Cap for wstETH on Aave Polygon and Arbitrum v3|
|Grow Aave’s Revenue||[ARFC] Optimism v3 Supply Cap Update 20.05.2023||Increase the Supply Cap for wstETH on Aave Optimism v3|
|Grow Aave’s Revenue||[ARFC] Optimism Create ETH E-Mode|
|Grow Aave’s Revenue||[ARFC] Polygon v3 Supply Cap Update 2023.05.21||Increase SupplyCap stMATIC on Polygon v3 from 30M units to 40M units.|
|Accounting Reports||April 2023 Financial Report||Key takeaways:
Revenue totaled $4.7m in April. Total treasury holdings totaled $130.7m. TVL stood at $7.9b.
|Develop a Data Warehouse for Aave||Continued development of Aave’s data warehouse which powers financial reporting and Llama’s Aave dashboard.|
|Claim Revenue to Treasury for Aave V3||Continued weekly treasury claims for Aave V3 deployments.|
We thank the Aave community for their support! Please feel free to share any questions or feedback on our work.
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