LlamaRisk - Monthly Community Update
October 2024
Overview
LlamaRisk presents our October 2024 monthly update, summarizing key activities and outlining upcoming priorities.
Highlights
Recommendations and inputs:
- wBTC BitGo Custody Update - Community Update
- [ARFC] Add support for Wrapped OETH (wOETH)
- [ARFC] Add support for Wrapped Super OETH
- [ARFC] Deploy a Crypto.com Aave v3 Instance - including due diligence under NDA
- [ARFC] Deploy a Gnosis DAO Credit Line
- [ARFC] Deploy aUSDC GSM on Ethereum
- [ARFC] Increase Borrow caps for wstETH
- [ARFC] Launch GHO on Avalanche & set ACI as Emissions Manager
- [ARFC] Launch GHO on Base & set ACI as Emissions Manager
- [ARFC] Migrating MKR to SKY on Aave V3 Ethereum Main Market
- [ARFC] Onboard ezETH to Arbitrum and Base Instances
- [ARFC] Onboard FRAX to Aave v3 Lido Instance
- [ARFC] Onboard sUSDe, USDe and weETH to Aave v3 on zkSync
- [ARFC] Onboard USDC to Aave v3 Lido Instance
- [ARFC] PYUSD Reserve Configuration Update & Incentive Campaign - endorsement
- [ARFC] Remove FRAX from Isolation Mode - endorsement
- [ARFC] ustb/buidl gsm
- [ARFC] wETH & wstETH - Borrow Rate Updates
- [ARFC] wstETH / WETH E-mode Parameters
- [TEMP CHECK] Add rlUSD to Aave v3 Main Market on Ethereum - legal commentary
- [TEMP CHECK] BUIDL/USTB/USYC/TBILL/USDY GSM - clarification request
- [TEMP CHECK] Onboard AUSD to Aave V3 on Avalanche - initial due diligence
Research and analysis:
- Balancing Act: LST Pricing Mechanisms for DeFi Lending - research
- Ethereum Staking Penalty Simulator - tooling
- Aave 3.2 Liquid E-mode short explainer - to be released shortly
Community Engagement:
- 6-month renewal proposal received unanimous support
- Live Stream - The LST Pricing Problem w/ LlamaRisk & Chainlink Labs
- Live Stream - Quantifying Risk with LlamaRisk Interactive Models (Penalty simulator)
- Live Stream - Driving GHO To A Billy? w/ Sisyphos from Karpatkey
- LlamaRisk contributor in NYC
Upcoming Focus Areas
- Overhaul of our onboarding framework, which will include the following:
- General Asset Framework
- Asset Probation Framework
- Chain Qualification Framework
- Due diligence on several new assets at temp check stage likely to be considered for onboarding (AUSD, SCR, EURC, FBTC)
We welcome community feedback and suggestions. Please share any questions, ideas, or areas where you would like increased focus from the LlamaRisk team.