StableLab Delegate Platform

Delegate Platforms
21

Gauntlet Recommendations for Polygon V3 and Arbitrum V3

Vote: Yes

Rationale: We are in support of increasing the supply and borrow caps of BAL and EURS as recommended by Gauntlet in this proposal.

Risk Parameter Updates Aave V3 Polygon

Vote: Yes

Rationale: We are in support of this proposal to adjust 9 risk parameters across 4 assets on Aave V3 Polygon, these risk parameter changes are a fundamental risk management practice that protects user funds and the overall wellbeing of the protocol.

Supply and Borrow Cap Updates Aave V3

Vote: Yes

Rationale: By constantly optimizing the supply and borrow caps of assets, we ensure that these assets are optimized to create the most value for Aave users and the protocol at large.

[ARFC] Aave V3 Interest Rate Curve Changes (2023-04-27)

Vote: Yes

Rationale: We are in support of the interest rate adjustments proposed by Gauntlet to optimize revenue for the Aave Protocol, we believe consistent changes such as this put the Protocol in the best position to create value for itself and it’s users.

[ARFC] - GHO Facilitator Onboarding Process and Application

Vote: Yes

Rationale: We are in support of this GHO Facilitator process that would guide how Facilitators are onboarded, managed and off-boarded. Processes such as this ensure that there is clarity in how facilitators would be handled and create an additional layer of transparency for the community.

[ARFC] E-Mode Specific Supply and Borrow Caps

Vote: Option 1: Add EM-specific caps

Rationale: We believe that Aave needs Emode-specific caps, we believe that Efficiency mode presents its own distinct risks, peculiarities and considerations; therefore we believe that it should be evaluated in a class of its own with specific Supply and Borrow Caps.

[TEMP CHECK] Defining the Service Provider & Delegation Platform Relationship

Vote: YAE Option 2

Rationale: We are in favour of Option 2 because we believe that the Delegate and Service Providers relationship are two separate engagements that must be kept separate at all times, in order to avoid incidents of conflict of interest.

[TEMP CHECK] Safety Module Update Part I - Migrate AAVE/wETH

Vote: YAE 80/20 AAVE/wstETH

Rationale: In our opinion, with the Shanghai Upgrade, the risks associated with LST’s have significantly reduced, in light of this we believe that missing out on the additional yield from wstETH would not be an optimal decision.
On this basis we are in support of migrating the position into AAVE/wstETH position to maximize yield.

Add MAI to Aave Optimism V3 pool

Vote: Yes

Rationale: In order to support stablecoin diversity on the Aave Protocol, we are in support of adding MAI to the Optimism V3 Pool.

Add MAI to Aave Arbitrum V3 pool

Vote: Yes

Rationale: In order to support stablecoin diversity on the Aave Protocol, we are in support of adding MAI to the Arbitrium V3 Pool.

MaticX Supply Cap Increase Polygon v3 and AGD Approval

Vote: Yes

Rationale: We are in support of incl reading the Matic X Supply Cap to meet the demand on Polygon V3. We are also in support of correcting the Aave Grants DAO aUSDT allowance.

Upgrade the safety module to v1.5 PART 2

Vote: Yes

Rationale: This further upgrade to the Aave safety module is a necessary adjustment that introduced and new slashing and cooldown mechanism, on this basis we are glad to support this AIP.

Risk Parameter Updates Aave V3 Polygon

Vote: Yes

Rationale: We support the adjustment of the risk parameters of WBTC, DAI, LINK and wMATIC on the Polygon Aave V3 Market. These updates ensure that these assets generate yield optimally while working to minimize liquidations.

Supply and Borrow Cap Updates Aave V3

Vote: Yes

Rationale: We are in support of adjusting the supply and borrow caps on all the assets contained in the AIP. The frequency of these cap adjustments is an indication of the amount of research that goes into evaluating and optimizing markets to create value for users and the Aave Protocol.

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22

Aave V2 Interest Rate Curve Changes (4/21)

Vote: Yes

Rationale: We are in support of these interest rate changes which serve as an opportunity for the Aave DAO to adjust parameters for assets. These adjustments ensure that value consistently accrues to the Aave Protocol.

LST Supply Cap Increase Polygon & Arbitrium

Vote: Yes

Rationale: Due to the demand for LSTs on Polygon and Arbitrium, we are in support of this proposal to safely increase supply caps to grant suppliers the opportunity to earn a yield on their LSTs and also generate revenue for Aave.

[ARFC] Add LUSD Arbitrum v3

Vote: Yes

Rationale: It is essential that we promote a diversity of assets across the different markets on Aave V3. By onboarding multiple trusted stablecoins, we encourage deposits from a diverse set of users and ultimately increase revenue-generating opportunities for Aave.

[ARFC] Add rETH to Aave V3 Arbitrum Liquidity Pool

Vote: Yes

Rationale: With the Shanghai Upgrade completed, it has become imperative that we onboard assets to meet the demand for LST’s, especially on networks on Arbitrium that are quickly attracting liquidity; by meeting this demand, we are also creating opportunities for revenue generation for Aave.

[ARFC] Consolidate Collector Contract & Secure Service Provider Runway

Vote: Yes

Rationale: This proposal is an important one as it ensures that they’re enough runway to adequately compensate Aave Service Providers.

[ARFC] Migrate Holdings from v2 to v3 and acquire wstETH and rETH

Vote: Yes

Rationale: We support this proposal aimed towards ensuring a productive use for the assets contained in the Aave treasury; by deploying funds into wstETH and rETH, we ensure that these assets become yield-generating and not idle.

[ARFC] Acquire BB-A-USD and deposit 50% into both Balancer and Aura Finance

Vote: Yes

Rationale: This is a great approach to earning yield on assets in the Aave DAO Treasury, by leveraging BB-A-USD, we can earn yield from Balancer and Aura Finance. This kind of treasury management strategy will ensure that treasury assets are effectively utilized.

Risk Parameter Updates for Ethereum v3 (05/09/2023)

Vote: Yes

Rationale: We are in support of increasing the borrow cap of this asset as recommended by Gauntlet; we believe that leveraging the demand for LUSD to meet the demand puts Aave in a valuable position.

Aave V3 Interest Rate Curve Changes (4/27)

Vote: Yes

Rationale: These interest rate changes serve as an opportunity for the Aave DAO to adjust parameters for assets. Through the data-driven approach used by Gauntlet, these adjustments ensure that value consistently accrues to the Aave Protocol.

AGD Approval

Vote: Yes

Rationale: We support this proposal’s correction of the Aave Grants DAOs aUSDT allowance.

MaticX Supply Cap Increase Polygon v3

Vote: Yes

Rationale: It is essential that we increase the supply cap on Polygon V3 to meet the demand for MaticX. By increasing the supply cap, we ensure that we create adequate opportunities for new suppliers to benefit from the demand for MaticX.

[ARFC] Add ENS to Aave V3 Ethereum

Vote: Yes

Rationale: Adding ENS to Aave V3 Ethereum would be a valuable addition due to the positioning of the ENS Protocol.

[ARFC] Add 1INCH to Aave V3 Ethereum

Vote: Yes

Rationale: The 1inch protocol has solidified itself as a leader in the DeFi space; for this reason, we believe that adding 1INCH to Aave V3 Ethereum would allow 1INCH holders to earn yield on their deposits and create value for Aave and themselves.

[TEMP CHECK] Add ARB to Arbitrum Aave v3

Vote: Yes

Rationale: As the Governance token for the Arbitrium Network, adding the ARB token to Arbitrium Aave V3, is an important step in ensuring the Aave Arbitrium V3 network is also comprised of its primary asset, which is ARB.

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23

[TEMP CHECK] FlashMinter Facilitator Approval

Vote: Yes

Rationale: We support this proposal as it allows users to perform more efficient arbitrage with GHO while maintaining the peg of the GHO stablecoin.

[ARC] Framework For Recognized Delegates

Vote: Yes

Rationale: As a DAO’s product offering scales, it becomes essential for the DAOs governance to leverage the delegates to improve the quality of its governance. This proposal is an efficient step towards incentivizing delegates to commit more time to Aave. As active delegates in Aave, we are glad to support this framework.

[ARC] Delegate Code Of Conduct

Vote: Yes

Rationale: We are in support of this Delegate Code of Conduct. In our opinion, we believe that a codified set of values for delegates is an important aspect of onboarding delegates; these values set a standard for delegates to comply with and continually aspire to.

Fix rate strategies issue on Aave v2 Polygon

Vote: Yes

Rationale: We support this proposal to correct an issue created by on-chain proposal 224.

wMATIC Supply & Borrow Cap Increase Polygon v3

Vote: Yes

Rationale: Due to the demand for supplying and borrowing wMATIC, we support this proposal to increase the supply and borrow caps for wMATIC safely.

Activate Emode for rETH Aave Ethereum V3

Vote: Yes

Rationale: We are in support of adding an efficiency mode for rETH. By supporting emode for rETH we enable leverage strategies which create value for Aave.

Aave Stablecoin E-mode changes for V3 Avalanche, Optimism, Polygon, and Arbitrum.

Vote: Yes

Rationale: As a follow-up to the proposal about having emode-specific parameters, we are glad to support this proposal to enable an additional layer of parameter changes for emode-enabled assets across various networks.

Caps Plus Risk Steward

Vote: Yes

Rationale: By automating cap increases and granting permissions to the risk council, we will be able to reduce the governance overhead related to cap increase votes which are often unanimous.

[ARFC] - Chaos Labs Risk Parameter Updates - Aave V3 Ethereum - 2023.05.18

Vote: Yes (We would have voted Yes)

Rationale: We were not able to vote because Snapshot was down.

DeFi Saver Aave V3 FlashBorrowers Whitelist Part II

Vote: Yes

Rationale: We support this proposal to DeFi Saver as part of FlashBorrowers of Aave V3 on Optimism liquidity pool.

Price feeds operational update.

Vote: Yes

Rationale: This proposal is a necessary change to ensure that price feeds stay consistent and do not cause artificial volatility for the affected LSTs.

[ARFC] Polygon Supply Cap Update 23.05.2023

Vote: Yes

Rationale: To meet the demand for MaticX, we are in support of increasing the supply cap of the asset to meet this growing demand.

[ARFC] Optimism v3 Supply Cap Update

Vote: Yes

Rationale: We are in support of increasing the wstETH Supply Cap on Aave Optimism v3 in order
The current utilisation of wstETH 91.75% signals the demand for wstETH.

[ARFC] Optimism Create ETH E-Mode

Vote: Yes

Rationale: By enabling E-Mode for Optimism, we grant users the ability to enter yield-maximising strategies with greater capital efficiency. This ultimately creates more utility for Aave users.

[TEMP CHECK] Safety Module Upgrade Part II - Asset Diversity, SM Categories & Slashing Updates

Vote: Yes

Rationale: We support his safety module upgrade, which would enhance asset diversification, introduce risk tranching and potential growth synergies.

[TEMP CHECK] Safety Module Upgrade Part III - Enable gauges on BPT in Safety Module (smBPT)

Vote: Yes

Rationale: We are in support of this Safety Module Upgrade, which will improve the capital efficiency of the Safety Module (SM) by enabling deposits to earn yield from other protocols.

[ARFC] Add fUSDC to Ethereum v3

Vote: Yes

Rationale: By adding fUSDC to Aave V3 Ethereum, we would allow fUSD holders the opportunity to leverage their position to borrow stablecoins, ultimately creating more value for the Aave Protocol.

[ARFC] Add RPL to Ethereum v3

Vote: Yes

Rationale: The RocketPool Governance Token is a blue chip DeFi token of one of the ecosystem’s leading Ethereum LST Protocols. Adding this asset to Aave Ethereum V3 will create significant deposit opportunities for token holders looking to earn yield on their asset.

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Polygon Supply Cap Update

Vote: Yes

Rationale: Due to the demand for stMATIC and MaticX, we believe that it is essential for the Aave Community to meet the demand for supplying these assets by increasing the supply cap.

[ARFC] Polygon v3 Supply Cap Update 2023.05.21

Vote: Yes

Rationale: Due to the demand for stMATIC, we support the increase of the supply cap, in order to meet the demand for supplying this asset.

[TEMP CHECK] Aave V3 Deployment on Base

Vote: Yes

Rationale: Due to the Brand power and technical capabilities of Base, which leverages the MIT-licensed OP Stack, we believe deploying Aave V3 on base, in the company of other blue chip DeFi Protocols, is a great step.

[ARFC] Add ARB to Arbitrum Aave v3

Vote: Yes

Rationale: As the Governance token for the Arbitrium Network, adding the ARB token to Arbitrium Aave V3, is an important step in ensuring the Aave Arbitrium V3 network is also comprised of its primary asset, which is ARB.

Update Mai Token implementations, unpause & enable flashloanable

Vote: Yes

Rationale: We approve of this technical token implementation for the MAI token on Optimism and Arbitrium.

Deprecate Aave V2 AMM Market

Vote: Yes

Rationale: We support the deprecation of the Aave V2 AMM Market, in addition to the safety issues regarding Aave V2, we believe that it is essential to maintain low overhead for the Aave Protocol, this involves redirecting Service Provider efforts on Aave V3 and GHO.

[ARFC] Add GUSD to Aave V3 Ethereum

Vote: Yes

Rationale: In order to promote stablecoin diversity and also support the process of migrating assets from Aave V2 to Aave V3, we support adding GUSD to Aave V3.

[ARFC] Add USDP to Aave V3 Ethereum

Vote: Yes

Rationale: In order to promote stablecoin diversity and also support the process of migrating assets from Aave V2 to Aave V3, we support adding USDP to Aave V3. We also align with Chaos Lab’s recommendation to list USDP in isolation mode.

Add LUSD to Arbitrum Aave V3

Vote: Yes

Rationale: It is essential that we promote a diversity of assets across the different markets on Aave V3. By onboarding multiple trusted stablecoins, we encourage deposits from a diverse set of users, and ultimately increase revenue generating opportunities for Aave.

1 Like
25

Add rETH to Arbitrum Aave v3

Vote: Yes

Rationale: With the Shanghai Upgrade completed, it has become imperative that we onboard assets to meeting the demand for LST’s, especially on networks on Arbitrium that are quickly attracting liquidity, by meeting this demand we are also creating opportunities for revenue generation for Aave.

[TEMP CHECK] Pyth to Support AAVE on Optimism as a Secondary Oracle

Vote: Abstain

Rationale: Due to some concerns we have concern Pyth as an Oracle, we have chosen to abstain from supporting this proposal.

[TEMP CHECK] Aave v3 MVP deployment on Scroll mainnet

Vote: Yes

Rationale: Due to the EVM compatibility of Scroll and the many blue chip DeFi protocols coming to Scroll, we are in support of deploying Aave V3 on Scroll Mainnet.

[ARFC] Add FRAX to Ethereum Aave v3

Vote: Yes

Rationale: We are in support of adding FRAX to Ethereum Aave V3, we believe that the Frax Protocol and its suite of products are gradually solidifying the protocol as a major DeFi Protocol.

[ARFC] Add FRAX Arbitrum Aave v3

Vote: Yes

Rationale: We are in support of adding FRAX to Arbitrium Aave V3, we believe that the Frax Protocol and its suite of products are gradually solidifying the protocol as a major DeFi Protocol.

[TEMP CHECK] Add GMX to Arbitrum v3

Vote: Yes

Rationale: We are in support of adding GMX to Arbitrium Aave V3, we believe that the GMX Protocol and its suite of products are gradually solidifying the protocol as a major DeFi Protocol.

Add LUSD to Arbitrum Aave V3

Vote: Yes

Rationale: It is essential that we promote a diversity of assets across the different markets on Aave V3. By onboarding multiple trusted stablecoins, we encourage deposits from a diverse set of users, and ultimately increase revenue generating opportunities for Aave.

Add ENS to Aave V3 Ethereum

Vote: Yes

Rationale: Adding ENS to Aave V3 Ethereum would be a valuable addition, due to the positioning of the ENS Protocol.

Add 1INCH to Aave V3 Ethereum

Vote: Yes

Rationale: The 1inch protocol has solidified itself as a leader in the DeFi space, for this reason we believe that adding 1INCH to Aave V3 Ethereum would allow 1INCH holders earn yield on their deposits and create value for Aave and themselves.

[ARFC] Add native USDC to the Arbitrum V3 pool

Vote: Yes

Rationale: We are in support of onboarding the native USDC asset to the Arbitrium V3 Pool. The fundamental role of USDC in DeFi cannot be overemphasized.

Risk Parameter Updates for AAVE V2 Ethereum

Vote: No

Rationale: We believe that freezing this position would go against our core ethos of decentralization, how a user deals with their funds should not be a topic of concern for the DAO. The idea of freezing this position would have been a bad precedent, however we would recommend incentivizing users to migrate to Aave V3 and maintain healthier positions.

Risk Parameter Updates Aave V3 Ethereum

Vote: Yes

Rationale: We support these Risk parameter changes, we believe that these changes are an important part of maintaining a safe and valuable protocol, we are in support of these changes proposed by Chaos Labs after analyzing all Aave Assets.

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[TEMP CHECK] GHO Liquidity Pools

Vote: Yes

Rationale: This proposal is an excellent initiative to develop liquidity for the GHO Stablecoin; by taking initial steps to bootstrap liquidity for GHO, we ensure the stablecoin has a firm standing at launch.

[TEMP CHECK] Aave | Flipside Proposal

Vote: Yes

Rationale: We believe that Flipside has been an important player in the Aave ecosystem; in order to ramp up Flipside’s engagement with the Aave DAO, we support this proposal.

[ARFC] - Chaos Labs Risk Parameter Updates - CRV Aave V2 Ethereum - 2023.06.15

Vote: Yes

Rationale: We support this proposal because we believe this is a more appropriate reaction to freezing the large CRV position; these LT and LTV adjustments will ensure that the market can function safely.

Price feeds operational update Pt2 - stETH

Vote: Yes

Rationale: We support his change to update the price feeds for LSTs.

Treasury Management - Acquire B-80BAL-20WETH

Vote: Yes

Rationale: We supported this Treasury Management decision to convert the Aave DAOs BAL holdings and deposit them into a B-80BAL-20WETH pool.

Polygon v2 - Parameter Update

Vote: Yes

Rationale: We support this proposal which will make Aave V2 Polygon less attractive for users and encourage users to migrate their position over to Aave V3 Polygon.

[ARFC] Gauntlet Recommendation on TUSD for Aave v2 Ethereum

Vote: Option 2: Freeze Supply

Rationale: Due to the counterparty risk we believe that TUSD currently has, we voted to freeze the supply of the asset entirely.

[ARFC] Bug bounties proposal

Vote: Yes

Rationale: We support these payouts to security researchers who discovered these issues and brought them forward. It would be in the DAOs best interest to encourage initiatives such as this.

Add Native USDC To Arbitrum V3 Pool

Vote: Yes

Rationale: We support onboarding the native USDC asset to the Arbitrium V3 Pool. The fundamental role of USDC in DeFi cannot be overemphasized.

Chaos Labs V2 to V3 Migration Next Steps

Vote: Yes

Rationale: We support these migrations’ next steps proposed by Chaos Labs; by adopting these steps, we ensure that the Aave V2 market is safe while incentivizing users to migrate their positions to Aave V3.

[ARFC] USDT Risk Parameters Update Aave V3 ETH Pool

Vote: Yes

Rationale: We support these parameter changes to USDT on Aave V3 Ethereum with the goal of enabling USDT as collateral and ultimately safely increasing borrow volume for the Aave Protocol.

[ARFC] Chaos Labs - Incremental Reserve Factor Updates - Aave V2 Ethereum

Vote: Yes

Rationale: By increasing the Reserve Factors, we would make Aave V2 less attractive and incentivize users to move their positions over to Aave V3; we support this step to encourage migration of users from Aave V2 to V3.

[ARFC] Chaos Labs Risk Parameter Update - CRV Aave V3 Polygon - 2023.06.20

Vote: Yes

Rationale: We support this liquidity threshold and loan-to-value ratio risk parameter update proposed by Chaos Labs to address the substantial decline in CRV liquidity following the initial Polygon Aave V3 listing.

[TEMP CHECK] Integrating MakerDAO’s DSR into Aave V3 Ethereum Pool

Vote: Yes

Rationale: We support this proposal because it is an excellent approach to leveraging Maker DAO yield to create more value for Aave users; we are definitely in support of this proposal.

[TEMP CHECK] GHO Stewards: Agile Parameter Changes

Vote: Yes

Rationale: By granting permissions to GHO Steward, we can ensure that the parameters of GHO will be adequately managed in the initial stages; this is especially important considering the multi-collateral nature of GHO.

[TEMP CHECK] Allocating part of GHO Revenue to Safety Incentives

Vote: Yes

Rationale: By allocating GHO revenue to Aave safety incentives, we ensure that the Aave Protocol continues to maintain its resilience as the protocol grows in TVL and builds out other parts of the Aave ecosystem.

[ARFC] Chaos Labs Risk Parameter Updates - FEI on Aave V2 Ethereum - 2023.6.22

Vote: Yes

Rationale: We support this proposal to update the risk parameters for FEI on Aave V2 Ethereum, considering that the FEI asset has been frozen for a while, this Liquidation Threshold (LT), Loan-To-Value (LTV), Liquidation Bonus (LB), and UOptimal update for FEI is a step in the right direction by Chaos Labs.

[ARFC] Chaos Labs Risk Parameter Updates - Aave V2 Ethereum - 2023.6.23

Vote: YAE - Aggressive

Rationale: We support the risk parameter changes proposed by Chaos Labs to 11 frozen collateral assets on Aave V2 Ethereum.

[ARFC] Gas Rebate for Recognized Delegates

Vote: Yes

Rationale: As the Aave DAO scales its products along with its governance, it is increasingly important for the Aave Delegates to have minimal barriers to getting involved in Aave Governance due to the increasing gas fees, ensuring that delegates get a refund of the gas spent in on-chain voting is a great way to incentivize delegates.

[ARFC] Aave Robot v1 activation

Vote: Yes

Rationale: We support the automation efforts being made by BGD Labs with the Aave Robot V1, we are excited to see how this innovation will improve operations in the Aave DAO.

Freeze TUSD Reserve on Aave V2 Ethereum

Vote: Yes

Rationale: Due to the counterparty risk we believe that TUSD currently has, we voted to freeze the supply of the asset entirely.

Chaos Labs - Payment Collection Request

Vote: Yes

Rationale: We support this proposal to compensate Chaos Labs for their work done; Chaos Labs has been invaluable to Aave as a Service Provider.

Chaos Labs Risk Parameter Updates - CRV Aave V2 Ethereum

Vote: Yes

Rationale: We support this proposal because we believe this is a more appropriate reaction to freezing the large CRV position; these LT and LTV adjustments will ensure that the market can function safely.

Lower TUSD LT and LTV on Aave V2

Vote: Yes

Rationale: Due to the counterparty risk we believe that TUSD currently has, we voted to freeze the supply of the asset entirely.

Optimism - Create ETH eMode Category

Vote: Yes

Rationale: We support this proposal to create an ETH-specific emode category on the Aave V3 Optimism Market; emode will enable users to enter yield-maximising strategies with greater capital efficiency, ultimately creating more value for Aave.

Add FRAX Arbitrum Aave v3

Vote: Yes

Rationale: We support adding FRAX to Arbitrium Aave V3; we believe that the Frax Protocol and its suite of products are gradually solidifying the protocol as a major DeFi Protocol.

Add FRAX Ethereum Aave v3

Vote: Yes

Rationale: We support adding FRAX to Ethereum Aave V3; we believe that the Frax Protocol and its suite of products are gradually solidifying the protocol as a major DeFi Protocol.

[ARFC] Framework for ARFC and TEMP CHECK Proposals

Vote: Yes

Rationale: We support the harmonization of these guidelines for creating a proposal subject to the Aave Governance Process; we will subsequently be updating the Aave Governance Process on the forum with this information.

Treasury Management - Acquire wstETH & rETH

Vote: Yes

Rationale: We support this proposal to convert the Aave DAOs unproductive ETH balance in wstETH and rETH in order to derive value from the DAOs ETH balance.

Price feeds operational update Pt2.5 - wstETH

Vote: Yes

Rationale: We support his change to update the price feeds for LST’s.

[ARFC] Gauntlet Risk Parameter Updates for Ethereum v3, Arbitrum v3, Ethereum v2

Vote: Yes

Rationale: We support these risk parameter updates proposed by Gauntlet across the Aave V3 Ethereum and Arbitrium Market, as well as the Aave V2 Ethereum Market.

Gas Rebate for Recognized Delegates

Vote: Yes

Rationale: As the Aave DAO scales its products along with its governance, it is increasingly important for the Aave Delegates to have minimal barriers to getting involved in Aave Governance due to the increasing gas fees, ensuring that delegates get a refund of the gas spent in on-chain voting is a great way to incentivize delegates.

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Gas Rebate for Recognized Delegates

Vote: Yes

Rationale: As the Aave DAO scales its products along with its governance, it is increasingly important for the Aave Delegates to have minimal barriers to getting involved in Aave Governance due to the increasing gas fees, ensuring that delegates get a refund of the gas spent in on-chain voting is a great way to incentivize delegates.

Chaos Labs Risk Parameter Update - CRV Aave V3 Polygon

Vote: Yes

Rationale: We support these risk parameter changes proposed by Chaos Labs for the CRV asset on the Aave V3 Polygon Market.

Chaos Labs - Increase wstETH Supply Cap on V3 Arbitrum.

Vote: Yes

Rationale: Due to the demand for LSTs such as wstETH, we are happy to support safely increasing the Supply Cap for wstETH on the Aave V3 Arbitrium Market.

Ethereum v2 - Parameters Update

Vote: Yes

Rationale: We support these Reserve Factor changes aimed at making Aave V2 less attractive and incentivizing users to migrate their positions to Aave V3.

Treasury Management - Acquire B-80BAL-20WETH

Vote: Yes

Rationale: We support this treasury management proposal; we believe that by consistently iterating on the DAOs Treasury Management Strategy, the DAO can ensure that we are optimized to generate yield.

[ARFC] Add rETH Aave v3 Optimism

Vote: Yes

Rationale: Due to the number of ETH LST’s on the Optimism Aave V3 market, adding rETH to the market ensures significant LST diversification to serve different kinds of users.

[ARFC] Add GMX to Arbitrum v3

Vote: Yes

Rationale: We support adding GMX to Arbitrium Aave V3, we believe that the GMX Protocol and its suite of products are gradually solidifying the protocol as a major DeFi Protocol.

[TEMP CHECK] Aave V3 Deployment on Linea Testnet

Vote: Yes

Rationale: In line with Aave’s multi-chain future, we support deploying Aave on the Linea Testnet, with Linea being a zkEVM with a robust distribution network, we believe that Aave would benefit from being deployed on this zkEVM.

[TEMP CHECK] Safety Module Upgrade Part IV - Incentives Management Upgrade

Vote: Yes

Rationale: We support this proposal because it proposes a novel method of allocating incentives within the Aave DAO in order to cut costs across the board and boost profitability.

[TEMP CHECK] Safety Module Upgrade Part V - veToken Holding

Vote: Yes

Rationale: We support this proposal because it proposes creating a voting committee and implementing a framework to help manage the DAOs strategic assets. This is the best way to ensure active management of the DAOs strategic assets.

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[ARFC] Set Metis Foundation Wallet as Emission Manager for METIS Token on Aave V3 Metis Pool

Vote: Yes

Rationale: We are in support of allowing the METIS Foundation manage the inactive for the METIS Token, leaving the foundation in charge of incentives for the pool would ensure constant incentives for the pool which would in turn drive user growth.

[ARFC] Aave Governance v3 (Governance, a.DI, Robot v3)

Vote: Yes

Rationale: We support these 3 project developments undertaken by BGD Labs for the Aave Protocol, we believe that with these improvements, Aave V3 would be on par with Aave V3 the product.

[ARFC] Gauntlet Risk Parameter Updates for Ethereum v3, Arbitrum v3, Ethereum v2

Vote: Yes

Rationale: We support these risk parameter changes proposed by Gauntlet for assets on the Ethereum Aave V2, V3 and Arbitrium Aave V3 Markets.

GHO Mainnet Launch

Vote: Yes

Rationale: We believe that Aave has the potential to become a major player in the StableCoin ecosystem, this is why we are in support of the GHO Stablecoin, we are committed to ensuring the GHO gradually reaches adoption within the ecosystem.

Add RPL to Aave V3 Ethereum pool

Vote: Yes

Rationale: The RocketPool Governance Token is blue chip DeFi token of one of the ecosystem’s leading Ethereum LST Protocols. Adding this asset to Aave Ethereum V3 will create significant deposit opportunities for token holders looking to earn yield on their asset.

Chaos Labs Risk Parameter Updates - Aave V2 Ethereum

Vote: Yes

Rationale: We support this proposal to adjust the risk parameters of eleven assets on Aave V2 Ethereum, this step ensures that the potential risks of Asve V2 are consistently reduced.

Make USDT collateral for Aave V3 ETH Pool

Vote: Yes

Rationale: We support enabling USDT as collateral, by aligning the risk parameters of USDT with USDC, this change will stimulate borrowing and create revenue for the Aave Protocol.

add ARB to Aave V3 Arbitrum Pool

Vote: Yes

Rationale: As the Governance token for the Arbitrium Network, adding the ARB token to Arbitrium Aave V3, is an important step in ensuring the Aave Arbitrium V3 network is also comprised of its primary asset which is ARB.

Bug Bounty May 2023

Vote: Yes

Rationale: Investing in the continued security of the Aave Protocol by setting up a Bug Bounty Program is important to continue protecting the Aave Protocol, therefore we are glad to support this proposal.

[ARFC] GHO Steward: Agile Parameter Changes

Vote: Abstain

Rationale: We align our rationale with the ACI, we believe that the GHO stewards need to be able to work proactively with the direct-to-AIP framework, and less conservatively as well. It is for this reason we choose to abstain from this vote in its current form.

Add rETH Aave v3 Optimism

Vote: Yes

Rationale: Due to the number of ETH LSTs on the Optimism Aave V3 market, adding rETH to the market ensures that there is significant LST diversification to serve different kinds of users.

MaticX Polygon Supply Cap Update

Vote: Yes

Rationale: We support increasing the MaticX supply cap to meet the demand for supplying the asset, we believe that by increasing the supply of this asset we ultimately create value for Aave.

[ARFC] - Chaos Labs Risk Parameter Updates - CRV Aave V2 Ethereum - 2023.07.10

Vote: YAE - Aggressive

Rationale: We support this proposal because it a data-driven reaction to the initial LT and LTV reductions conducted by Chaos Labs, these LT and LTV adjustments will ensure that the market can function safely.

[TEMP CHECK] GHO Stability Module

Vote: Yes

Rationale: We are happy to support the GHO stability module, as the contract enables the seamless conversion of two tokens at a predetermined ratio, this module is essential for the GHO stablecoins’ success.

[ARFC] TUSD Offboarding Plan

Vote: Yes

Rationale: Due to the counterparty risk we believe that TUSD currently has, we voted to off board the asset entirely.

[TEMP CHECK] Introducing “Curator” by Llama

Vote: Yes

Rationale: We support the implementation of this dedicated contract for treasury management functions of the Aave DAO.

Gauntlet Risk Parameter Updates for Ethereum v3, Arbitrum v3, Ethereum v2

Vote: Yes

Rationale: We are in support of these risk parameter updates for the Ethereum, Arbitrium and Ethereum V2 markets, these updates are backed by data-driven risk management which is designed to ensure the safety of these markets while creating value for depositors.

MaticX Polygon Supply Cap Update

Vote: Yes

Rationale: We support increasing the MaticX supply cap to meet the demand for supplying the asset, we believe that by increasing the supply of this asset we ultimately create value for Aave.

Chaos Labs Risk Parameter Update - MAI Aave V3

Vote: Yes

Rationale: Due to the current circumstances surrounding MAI such as its depegging, we support this proposal to reduce supply and borrow caps for MAI across the Aave V3 Polygon, Arbitrum and Optimism Markets.

Chaos Labs Risk Parameter Updates - CRV Aave V2 Ethereum

Vote: Yes

Rationale: We are in support of the Chaos Labs’ recommended 6% reduction. This option suggested an LT configuration that optimized the reduction without significantly increasing the number of accounts eligible for liquidation, we believe that this was the best option.

Set Metis Foundation Wallet as Emission Manager for METIS Token on Aave V3 Metis Pool

Vote: Yes

Rationale: We are in support of allowing the MÉTIS Foundation to manage the incentives for the METIS Token, leaving the foundation in charge of incentives for the pool would ensure constant incentives for the pool which would in turn drive user growth.

[ARFC] Reserve Factor Updates - Polygon Aave v2

Vote: Yes

Rationale: By increasing the Reserve Factors, we would make Aave V2 less attractive and incentivize users to move their positions over to Aave V3, we support this step to encourage migration of users from Aave V2 to V3.

[ARFC] Gauntlet - Synchronicity Price Adapter “Killswitch” Functionality for LST Emode

Vote: Yes

Rationale: After considering all the options provided by Gauntlet, we decided that in the face of an LST depeg, it would be best to reduce LTV to 0 and freeze the LST, we believe this is the most risk-averse way to protect users and the protocol.

[ARFC] Chaos Labs Risk Parameter Updates - MAI on Aave V3 - 2023.7.23

Vote: Yes

Rationale: Due to the current circumstances surrounding MAI such as its depegging, we support this proposal to reduce supply and borrow caps for MAI across the Aave V3 Polygon, Arbitrum and Optimism Markets.

[ARFC] GHO Liquidity Pools: Primary Pools Initial Strategy

Vote: Yes

Rationale: We are in support of leveraging the DAOs veBAL holding to bootstrap liquidity for GHO, we believe that these strategic assets and partnerships will ensure the long-term success of the GHO Stablecoin.

[ARFC] Aave V3 Deployment on Base

Vote: Yes

Rationale: Due to the Brand power and technical capabilities of Base, which leverages the MIT-licensed OP Stack, we believe deploying Aave V3 on base, in the company of other blue chip DeFi Protocols, is a great step.

Acquire More aUSDC on Aave Ethereum Collector

Vote: Yes

Rationale: We support this treasury management decision to earn a yield on the DAOs USDC.

Chaos Labs Risk Parameter Updates - FEI on Aave V2 Ethereum

Vote: Yes

Rationale: We support this proposal to update the risk parameters for FEI on Aave V2 Ethereum, considering that the FEI asset has been frozen in a while this Liquidation Threshold (LT), Loan-To-Value (LTV), Liquidation Bonus (LB), and UOptimal update for FEI is a step inthe right direction by Chaos Labs.

[ARFC] BUSD Offboarding Plan Part III

Vote: Yes

Rationale: Considering the uncertainty surrounding BUSD we are in support of this proposal to offboard BUSD from the Aave V2 Ethereum Market.

[ARFC] Cancel Llama Service Provider Stream

Vote: Yes

Rationale: Considering the issues brought to light by this proposal, we believed that in the best interest of the DAO Llama’s Stream had to be cancelled.

[ARFC] Aave | Flipside Crypto Facilitator [v2]

Vote: Abstain

Rationale: We voted to Abstain from this proposal because we believe in the spirit of the proposal but not the timing. We believe that the need for facilitation is six months down the line, as we build traction for GHO and Aave Ecosystem stakeholders to expand.

Reserve Factor Updates - Polygon Aave v2

Vote: Yes

Rationale: By increasing the Reserve Factors, we would make Aave V2 less attractive and incentivize users to move their positions over to Aave V3, we support this step to encourage migration of users from Aave V2 to V3.

TUSD offboarding plan

Vote: Yes

Rationale: Due to the counterparty risk we believe that TUSD currently has, we voted to off-board the asset entirely.

Gauntlet Recommendation for CRV LTV → 0 on Aave v2 Ethereum

Vote: Yes

Rationale: In order to prevent further borrowing and increased risk from this position, we voted in favour of reducing the loan to value ration to 0.

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Cancel Llama Streams

Vote: Yes

Rationale: Considering the issues brought to light by this proposal, we believed that in the best interest of the DAO Llama’s Stream had to be cancelled.

Gauntlet Recommendation to reduce CRV LT, LTV, debt ceiling on V3 Ethereum and CRV LT, LTV on V3 Polygon

Vote: Yes

Rationale: We are in support of these risk parameter changes to CRV on Aave V3 Ethereum and Polygon.

[ARFC] Activate LUSD as Collateral on Aave V3 ETH Pool

Vote: Yes

Rationale: Due to the resilience of the LUSD stablecoin, we support this proposal to add LUSD as a collateral asset on Aave V3.

[TEMP CHECK] Treasury Management - Avalanche v2 to v3 Migration

Vote: Yes

Rationale: We support the migration of the assets on Aave V2 Avalanche to Aave V3 Avalanche, considering the improvements made on Aave V3, this migration is a welcome development.

aCRV OTC Deal

Vote: Yes

Rationale: Considering the opportunity to buy a significant amount of CRV at a cheap price, we believe that with this additional CRV acquisition, Aave is better positioned to participate in the Curve Wars and bootstrap liquidity for GHO.

[ARFC] Increase MaticX supply cap

Vote: Yes

Rationale: With the demand of MaticX, we believe that increasing the supply Cap for MaticX is a great opportunity to create value for depositors and the Aave Protocol more broadly.

Reduce CRV LT by 6%

Vote: Yes

Rationale: We support this LT reduction by 6% to reduce the Aave Protocol’s exposure to the Aave V2 CRV Market.

TUSD offboarding plan

Vote: No

Rationale: Due to the counterparty risk we believe that TUSD currently has, we voted to off board the asset entirely.

Disable CRV Borrowing For Ethereum and Polygon V3

Vote: Yes

Rationale: Considering the current events in the CRV market, it is important to disable borrowing for CRV on Ethereum and Polygon.

BUSD Offboarding Plan Part III

Vote: Yes

Rationale: Considering the uncertainty surrounding BUSD we are in support of this proposal to offboard BUSD from the Aave V2 Ethereum Market.

Supply Cap increase - wstETH

Vote: Yes

Rationale: We support the supply cap increase for wstETH, considering the demand for the wstETH asset, we support this increase in the supply cap to meet the demand.

LUSD collateral activation

Vote: Yes

Rationale: Due to the resilience of the LUSD stablecoin, we support this proposal to add LUSD as a collateral asset on Aave V3.

[TEMP CHECK] Aave V3 Deployment on Celo

Vote: Yes

Rationale: We believe that Aave deployment on Celo will be particularly beneficial to the Aave Protocol and the Ecosystem more broadly, particularly with the Celo Foundation will allocated 0.5% of CELO circulating supply as an incentive for Aave users to support the adoption and bootstrap growth on Celo.

[ARFC] Sigma Prime audit budget extension

Vote: Yes

Rationale: We are in support of this budget extension for Sigma Prime Audits, security is invaluable to the Aave Protocol and we are glad to support its continuance.

[ARFC] - Chaos Labs Scope and Compensation Amendment

Vote: Yes

Rationale: We are in support of increasing the scope of work for Chaos Labs along with compensation, the value that Chaos Labs has created for Aave has been significant and we would like to see this maintained and improved.

[ARFC] CRV V2 Ethereum Deprecation Plan

Vote: Yes

Rationale: Considering the risk that the CRV Aave V2 Market holds, we are in support for this to gradually perform a serious of LT reductions.

[ARFC] Chaos Labs Risk Parameter Updates - Aave V2 Ethereum - 2023.08.09

Vote: Yes

Rationale: We are in support of these risk parameter updates proposed by Chaos Labs for Assets on the Aave V2 Ethereum Market.

[ARFC] sDAI Aave V3 Onboarding

Vote: Yes

Rationale: Be onboarding sDAI Aave can offer depositors the benefit of earning additional yield through sDAI, we support this innovative proposal that leverages the DSR to create value for Depositors and the Aave Protocol.

[ARFC] wGHO Aave V3 Onboarding

Vote: Yes

Rationale: Due to the arbitrage opportunity that currently exists with GHO, by creating a liquid version of GHO we would be able to encourage depositors to deposit GHO and borrow other stablecoins. Due to this opportunity we are glad to support this proposal.

Gauntlet Recommendation to Freeze CRV on Aave v2 Ethereum

Vote: Yes

Rationale: Considering the current state of the CRV asset on the Aave V2 Ethereum Market, we are in support of freezing CRV.

stataToken operational update

Vote: Yes

Rationale: We are in support of transferring the ownership of these contracts to ensure the efficient management of these contracts which are currently controlled by Aave Governance which is not currently optimal for efficient management.

Aave v3 Base Activation

Vote: Yes

Rationale: Due to the Brand power and technical capabilities of Base, which leverages the MIT-licensed OP Stack, we believe deploying Aave V3 on base, in the company of other blue chip DeFi Protocols, is a great step.

Supply Cap Update - stMATIC Polygon v3

Vote: Yes

Rationale: Due to the demand for stMATIC, we support the increase of the supply cap, in order to meet the demand for supplying this asset.

[ARFC] Increase MaticX supply cap

Vote: Yes

Rationale: With the demand of MaticX, we believe that increasing the supply Cap for MaticX is a great opportunity to create value for depositors and the Aave Protocol more broadly.

Swap assets to aUSDC

Vote: Yes

Rationale: We believe that swapping these assets to aUSDC to earn yield is a valuable treasury management decision, therefore we are in favor of this proposal.

[ARFC] Aave <> Bored Ghosts Developing (BGD) Phase 2

Vote: Yes

Rationale: The Aave Protocol’s engagement with BGD Labs has been beneficial to the protocol, therefore we are in support of extending this engagement further.

[TEMP CHECK] Aave Treasury Proposal for RWA Allocation

Vote: Yes

Rationale: We are in support of this proposal’s intention to allocate resources to investing in RWA, as an initial trial run, we are excited to see the results of this investment.

[TEMP CHECK] Aave V3 “MVP” Deployment on GnosisChain

Vote: Yes

Rationale: With the various avenues for partnership between Aave and the Gnosis Ecosystem, we believe that deploying Aave V3 will be beneficial to Aave due to the opportunities for synergies between these two ecosystems.

[ARFC] Chaos Labs Risk Parameter Updates - Aave V3 Optimism - 2023.08.13

Vote: Yes

Rationale: We are in support of these risk parameter changes proposed by by Chaos Labs for the assets on the Aave V3 Optimism Market.

Treasury Management - Polygon v2 to v3 Migration

Vote: Yes

Rationale: We support the migration of the assets on Aave V2 Polygon to Aave V3 Polygon, considering the improvements made on Aave V3, this migration is a welcome development.

Chaos Labs Scope and Compensation Amendment

Vote: Yes

Rationale: We are in support of increasing the scope of work for Chaos Labs along with compensation, the value that Chaos Labs has created for Aave has been significant and we would like to see this maintained and improved.

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CRV Aave V2 Ethereum - LT Reduction

Vote: Yes

Rationale: Considering the current market conditions, we are in support of reducing the LT for the CRV Aave V2 Market.

sDAI onboarding

Vote: Yes

Rationale: We are glad to support the onboarding of sDAI as an asset on Aave V3 because of the valuable yield opportunity that exists for sDAI holders who are looking to earn yield on their sDAI.

Gho unpause and freezing

Vote: Yes

Rationale: In order to address the technical issue identified with GHO, we voted in favour of this proposal.

GHO update on Aave V3 Ethereum Pool

Vote: Yes

Rationale: We supported this proposal to implement changes to made to GHO stablecoin.

[ARFC] Treasury Management - Avalanche v2 to v3 Migration

Vote: Yes

Rationale: We support migrating the Aave DAOs funds from Aave V2 to Aave V3. We believe that this step is valuable because there the deposit rates and safety on Aave V3 are better.

[ARFC] Return OP to Aave Grants DAO Safe

Vote: Yes

Rationale: We support this proposal to return the OP to the AGD Safe, these funds were sent incorrectly and this proposal will correct that mistake.

[ARFC] Enabling USDT as collateral on Aave v3 AVAX Market

Vote: Yes

Rationale: We are in support of enabling USDT as a collateral asset on the AVAX Market, this will enable borrowing opportunities on the AVAX Market.

Chaos Labs Risk Parameter Updates - Aave V3 Optimism

Vote: Yes

Rationale: We are in support of these risk parameter proposal for the Aave V3 Optimism Market proposed by Chaos Labs.

Funding Aave Robot for Governance V2 Automation

Vote: Yes

Rationale: We are in support of funding the Aave V2 Robot that would automate the Aave V2 Governance.

Aave BGD Phase 2

Vote: Yes

Rationale: We are in support of the continued working relationship between BGD Labs and Aave, we believe that BGD Labs has been a valuable service provider to the Aave DAO and we would be pleased to see this arrangement continue.

[ARFC] - Chaos Labs Risk Parameter Updates - Aave V3 Ethereum - 2023.08.25

Vote: Yes

Rationale: We are in support of these risk parameter updates for 4 assets on the Aave V3 Ethereum Market, we are committed to supporting safe market management practices.

[TEMP CHECK] TokenLogic Proposal

Vote: Yes

Rationale: We support this proposal for TokenLogic to become an Aave DAO Service Provider.

[ARFC] Treasury Management - Acquire AURA

Vote: Yes

Rationale: Acquiring AURA is a strategic treasury management decision which will directly benefit the Aave DAO in the near future. We believe that with a well designed Meta-Governance Strategy, the Aave DAO could utilise its strategic assets to bootstrap liquidity for GHO for example.

[ARFC] Treasury Management - Replace AGD’s DAI Allowance with GHO Allowance

Vote: Yes

Rationale: Considering that the Aave DAO has launched its own native stablecoin, we believe that the DAO should utilise GHO internally as much as possible.

[TEMP CHECK] Proposal for Senate to Enable Dedicated Tooling for Aave Governance

Vote: Yes

Rationale: With Senate being an Aave Grants DAO Grantee, we believe that the Aave DAO can largely benefit from more direct governance engagement with the community and we believe that this proposal helps with direct governance engagement for interested parties.

[ARFC] Quarterly Gas Rebate Distribution - August 2023

Vote: Yes

Rationale: With gas prices on the rise, it makes it increasingly difficult to actively participate in Aave’s on-chain governance, with gas rebates, delegates are at least not concerned with how much gas is spent voting because it will be refunded.

Reserve Factor Updates - Polygon Aave v2

Vote: Yes

Rationale: By increasing the Reserve Factor on Aave V2 Polygon this proposal incentivises users to port their positions to Aave V3 Polygon.

Sigma Prime Audit Budget Extension

Vote: Yes

Rationale: We are in support of this proposal to extend the DAOs engagement with Sigma Prime, security is vital and we are committed to protecting the interests of the DAO.

SupplyCapLSTs

Vote: No

Rationale: Due to the drastic increase in LST Supply Caps proposed by the author, we decided to vote against this proposal, supply caps should be increased safely.

Quarterly Gas Rebate Distribution August 2023

Vote: Yes

Rationale: With gas prices on the rise, it makes it increasingly difficult to actively participate in Aave’s on-chain governance, with gas rebates, delegates are at least not concerned with how much gas is spent voting because it will be refunded.

AURA OTC Deal

Vote: Yes

Rationale: Acquiring AURA is a strategic treasury management decision which will directly benefit the Aave DAO in the near future. We believe that with a well designed Meta-Governance Strategy, the Aave DAO could utilise its strategic assets to bootstrap liquidity for GHO for example.

[TEMP CHECK] Update Balancer Ecosystem Holdings

Vote: Yes

Rationale: It is pertinent for the Aave DAO to increase update its holdings from the Balancer ecosystem to ensure that the Aave is deriving optimal benefit from the Balancer Ecosystem.

Chaos Labs Risk Parameter Updates

Vote: Yes

Rationale: We are in support of this risk parameter updates proposed by Chaos Labs to adjust the risk parameter updates for fourteen frozen collateral assets on Aave V2 Ethereum, and Increase Reserve Factors for collateral assets on Aave V2 Ethereum.

Freeze MAI/MIMATIC, set LTV → 0 for Arbitrum, Avalanche, Polygon, Optimism v3

Vote: Yes

Rationale: Due to the market risk posed by this asset, we are in support reducing the LTV for this asset across the Arbitrum, Avalanche, Polygon, Optimism v3 markets.

[TEMP CHECK] Update Balancer Ecosystem Holdings

Vote: Yes

Rationale: It is pertinent for the Aave DAO to increase update its holdings from the Balancer ecosystem to ensure that the Aave is deriving optimal benefit from the Balancer Ecosystem.

[ARFC] TokenLogic - 6 month Service Provider Proposal

Vote: Yes

Rationale: We support this proposal for TokenLogic to become an Aave DAO Service Provider.

[ARFC] Gauntlet Interest Rate Recommendation for WETH

Vote: Option1

Rationale: We voted in support of keeping the interest rate at 3.3% because in our opinion we believe that considering the current market conditions, 3.3% is the optimal rate considering that staking yields are in a downward trend.

Gauntlet recommendation to set MAI/MIMATIC isolated debt ceiling to 0 for Arbitrum, Avalanche, Polygon, Optimism v3

Vote: Yes

Rationale: Due to the market risk posed by this asset, we are in support reducing the LTV for this asset across the Arbitrum, Avalanche, Polygon, Optimism v3 markets.

GHO Borrow Rate Update

Vote: Yes

Rationale: We support increasing the GHO Borrow Rate to address the peg deviation and build the resilience of the stablecoin.

[ARFC] Gauntlet recommendation for WETH Uopt on Ethereum v3

Vote: Option3

Rationale: Although we see reason with the conservative approach adopted by the proposal author, we believe that the changes made by this proposal are not in the best interests of the Aave DAO.

[ARFC] Aave Treasury Proposal for RWA Allocation

Vote: Yes

Rationale: We are in support of this proposal’s intention to allocate resources to investing in RWA, as an initial trial run, we are excited to see the results of this investment.

[ARFC] Increase GHO Borrow Rate

Vote: Yes

Rationale: We are in support of increasing the GHO Borrow Rate to address the peg deviation and build the resilience of the stablecoin.

[ARFC] wGHO Aave V3 Onboarding

Vote: Yes

Rationale: We are in support of onboarding wGHO to Aave V3 as a collateral asset, by adding Aave V3 as a collateral asset, this proposal could encourage the active utilisation of GHO which would spur demand for the stablecoin.

Freeze Stewards

Vote: Yes

Rationale: We voted in favour of this proposal to ensure that the Aave Protocol retains the functionality to freeze reserves across all networks.

[ARFC] - Chaos Labs Risk Parameter Updates - Aave V3 Avalanche - 2023.09.06

Vote: Yes

Rationale: We are in support of these risk parameter updates proposed by Chaos Labs for three assets on the Aave V3 Avalanche Network.

Chaos Labs Risk Parameter Updates _ Aave V3 Ethereum

Vote: Yes

Rationale: We are in favour of these risk parameter updates proposed by Chaos Labs to adjust the parameters of four Aave V3 Ethereum Assets.

Aave V3 Ethereum MKR Debt Ceiling Update

Vote: Yes

Rationale: Due to the demand for MKR, we are glad to support increasing the MKR Debt ceiling to meet user demand.

[ARFC] OP Risk Parameters Update for Aave V3 Optimism Pool

Vote: Yes

Rationale: We are i support of adding OP as a borrowable asset on Aave V3 Optimism, by adding OP as a collateral asset, this proposal would attract more borrowers and depositors.

[ARFC] Safety Module - Polygon & Avalanche Coverage Update

Vote: Yes

Rationale: We are in support of removing Safety Module coverage for th3 Aave V2 Polygon and Avalanche markets, through this step, the DAO will incentivise more users to migrate their positions to Aave V3.

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[ARFC] Expansion of “Orbit” - A DAO Funded Delegate Platform Initiative

Vote: Yes

Rationale: We support this proposal by the ACI to expand the Orbit delegate program to being DAO funded, in our opinion the value that delegates provide to the Aave DAO is of immense value as the first point of contact of Aave Governance.

[TEMP CHECK] Treasury Management - Swap B-80BAL-20wETH to GHO

Vote: Yes

Rationale: We support this proposal to swap these assets to replenish the DAOs GHO Holdings.

[TEMP CHECK] Treasury Management - Create and Fund GHO Liquidity

Vote: Yes

Rationale: We believe that the GHO Liquidity Committee will play a valuable role in getting GHO to peg, through the liquidity strategies that this committee will produce, we believe that this group will be successful in driving liquidity to GHO.

Rescue Mission Phase 2, 3

Vote: Yes

Rationale: We support this proposal to ensure the rescue of tokens that were wrongly sent to the Aave’s ecosystems smart contracts.

[ARFC] Treasury Management - GHO Liquidity Strategy Update

Vote: Yes

Rationale: We are in support of this liquidity management strategy proposed by the author of this proposal, it is our opinion that if this strategy is properly executed, the GHO stable coin will be well positioned to benefit from this strategy.

Aave <> Immunefi program activation

Vote: Yes

Rationale: Security is an essential part of running the Aave Protocol, it is for this reason that we are glad to support the activation of the Aave’s bug bounty program with Immunefi.

CRV Aave V2 Ethereum LT Reduction

Vote: Yes

Rationale: In order to ensure the safety of the Aave V2 CRV Market on Ethereum, we are in support of this proposal to reduce the LT by 2%.

[TEMP CHECK] Add KNC to Ethereum Aave V3

Vote: Yes

Rationale: We are in support of adding the KNC asset to Aave V3 Ethereum, we believe that this asset will create additional utility for the asset’s token holders, while creating value of the Aave Protocol.

[TEMP CHECK] Onboard STG to Ethereum Aave v3

Vote: Yes

Rationale: As the governance token for one of the leading bridge protocols in the ecosystem, the STG token has a direct path to utility for its holders who wish to leverage Aave to create value for themselves and the Aave protocol as well.

[ARFC] TUSD Offboarding Plan Part II

Vote: Yes

Rationale: Due to the counterparty risk we believe that TUSD currently has, we voted to off board the asset entirely.

[ARFC] Aave V3 Deployment on zkEVM L2

Vote: Yes

Rationale: We are in support of replying deploying Aave V3 on the ZkEVM L2 built by Polygon. Due to EVM compatibility it will take minimal to make this deployment and further expand the Aave Market across the ecosystem.

[ARFC] Treasury Management - GHO Funding

Vote: Yes

Rationale: We agree that the Aave DAOs primary costs such as compensation for contributors should be funded in GHO, this is why we are in support of this proposal to swap some of the DAOs stable assets to GHO.

[ARFC] Aave V3 Deployment on GnosisChain

Vote: Yes

Rationale: With the various avenues for partnership between Aave and the Gnosis Ecosystem, we believe that deploying Aave V3 will be beneficial to Aave due to the opportunities for synergies between these two ecosystems.

[TEMP CHECK] Updated Aave Grants Continuation Proposal

Vote: Yes

Rationale: Although we have some criticisms of the AGD, we are in support of the continuation of the AGD proposal, we believe that with constant work and iteration, the AGD can become even more efficient than it currently is.

[ARFC] Aave V2 Markets Deprecation Plan

Vote: Yes

Rationale: We support the deprecation of the Aave V2 AMM Market, in addition to the safety issues regarding Aave V2, we believe that it is essential to maintain low overhead for the Aave Protocol, this involves redirecting Service Provider efforts on Aave V3 and GHO.

[ARFC] Gauntlet Recommendations to Lower stMATIC/MaticX non-emode LT/LTV on Polygon v3

Vote: Yes

Rationale: In our opinion Option 2 aligns with the objective of maintaining the health of the MATIC ecosystem and encouraging the use of MATIC LSTs as collateral by offering a more significant drop in borrowing power for stMATIC and MaticX. It tackles a range of risks and seeks to achieve equilibrium between lending activities and risk reduction, making it a sensible option for individuals who are worried about the long-term viability of the MATIC ecosystem.

Gauntlet Interest Rate Recommendation for WETH Base Rate

Vote: Option1

Rationale: In order to match the current market conditions, we are in support of lowering the WETH base interest rate to 0 for v3 markets.

Gauntlet recommendation to set WETH slope 1 to 3.3% on v3 markets, excluding Ethereum v3

Vote: Yes

Rationale: We support this proposal which identifies an opportunity to create additional value for the Aave DAO while simultaneously adjusting Aave’s risk profile for LST’s.

[ARFC] Treasury Manage - GHO Liquidity Committee

Vote: Yes

Rationale: We believe that the GHO Liquidity Committee will play a valuable role in getting GHO to peg, through the liquidity strategies that this committee will produce, we believe that this group will be successful in driving liquidity to GHO.

TokenLogic Service Provider Proposal

Vote: Yes

Rationale: Due to the scope pf the proposal and the size of the budget, we believed that this proposal was not the best thing for the DAO at this time.

Reserve Factor Updates - Polygon Aave v2

Vote: Yes

Rationale: We are I. Support of increasing the reserve factor updates for Aave V2 Polygon up by 5%

Treasury Management - Create AGD GHO Allowance

Vote: Yes

Rationale: We support this operational proposal to fund the AGD using GHO, this is an important step towards driving active use for GHO starting from within the DAO.

Aave treasury RWA Allocation Part I

Vote: Yes

Rationale: We are in support of this proposal’s intention to allocate resources to investing in RWA, as an initial trial run, we are excited to see the results of this investment.

Expansion of Orbit

Vote: Yes

Rationale: We support this proposal by the ACI to expand the Orbit delegate program to being DAO funded, in our opinion the value that delegates provide to the Aave DAO is of immense value as the first point of contact of Aave Governance.

[ARFC] Treasury Management - Amend Safety Module AAVE Emissions

Vote: Yes

Rationale: We support this proposal to educe emissions for the Aave Safety Module, the DAO is currently overpaying and it is prudent in our opinion to reduce these emissions while the broader safety module is being redesigned and upgraded.

[ARFC] Treasury Management - Update Balancer Ecosystem Holdings

Vote: Yes

Rationale: In our opinion the Aave DAO has to make sure to leverage its strategic assets to ensure that the most value is created for the Aave DAO, we believe that the Aave DAO should leverage its strategic assets to a greater degree and this proposal is a welcome development to that effect.

[ARFC] KNC onboarding on AaveV3 Ethereum market

Vote: Yes

Rationale: We are in support of adding the KNC asset to Aave V3 Ethereum, we believe that this asset will create additional utility for the asset’s token holders, while creating value of the Aave Protocol.

[ARFC] STG onboarding on Aave V3 Ethereum Market

Vote: Yes

Rationale: As the governance token for one of the leading bridge protocols in the ecosystem, the STG token has a direct path to utility for its holders who wish to leverage Aave to create value for themselves and the Aave protocol as well.

Treasury Management - Create AGD GHO Allowance

Vote: Yes

Rationale: We support this operational proposal to fund the AGD using GHO, this is an important step towards driving active use for GHO starting from within the DAO.

Reserve Factor Updates - Polygon Aave v2

Vote: Yes

Rationale: By increasing the Reserve Factor on Aave V2 Polygon this proposal incentivises users to port their positions to Aave V3 Polygon. Therefore we support increasing this by 5%.

Treasury Management - Polygon v2 to v3 Migration

Vote: Yes

Rationale: We support the migration of the assets on Aave V2 Polygon to Aave V3 Polygon, considering the improvements made on Aave V3, this migration is a welcome development.

[TEMP CHECK] Add FXS to Ethereum V3

Vote: Yes

Rationale: Due to the positioning of the Frax Protocol, we believe that adding the FXS asset is a valuable addition to the Aave Protocol and would create more value for FXS holders while creating value for Aave as well.

TUSD Offboarding Plan Part II

Vote: Yes

Rationale: Due to the counterparty risk we believe that TUSD currently has, we voted to off board the asset entirely.

OP Risk Parameters Update

Vote: Yes

Rationale: By activating OP as a borrowable asset in the Aave V3 Optimism Pool, we can attract more assets to the Aave V3 Optimism Market, and create more value for borrowers, suppliers and the Aave Protocol at large.

1 Like
32

Add DebtSwapAdapter as FlashBorrower

Vote: Yes

Rationale: We are in support of this technical update which will ensure that the Aave DAO can perform debt swaps without needing to pay additional fees.

[ARFC] TokenLogic Hohmann Transfer

Vote: Yes

Rationale: Due to the valuable contributions made by TokenLogic to the Aave DAO, we are in support of adding TokenLogic to the Orbit Program.

STG onboarding on AaveV3 Ethereum Market

Vote: Yes

Rationale: As the governance token for one of the leading bridge protocols in the ecosystem, the STG token has a direct path to utility for its holders who wish to leverage Aave to create value for themselves and the Aave protocol as well.

[ARFC] Transfer Assets From Polygon To Ethereum Treasury

Vote: Yes

Rationale: Considering the Aave DAOs current priorities, we are in support of transferring the Aave assets outlined in this proposal from Polygon to Ethereum.

v2 Deprecation Plan, 2023.10.03

Vote: Yes

Rationale: In order to ensure the safety of the Aave V2 Ethereum Market, we are in support of this proposal to adjust the risk parameters for specific assets on the market.

Gauntlet Recommendations to Lower stMATIC/MaticX non-emode LT/LTV on Polygon v3

Vote: Yes

Rationale: We welcome these risk parameter recommendations by Gauntlet to lower the LT/LTV for the MATIC LSTs, these parameters would reduce the risk associated with these assets.

Gauntlet Recommendations to Lower WETH Variable Base to 0 on Arbitrum, Optimism v3

Vote: Yes

Rationale: We support this proposal to reduce the base rate for WETH to 0 on the Arbitrium and Optimism Markets, due to the current borrowing conditions on the market, we believe that this is an optimal approach.

Fund GHO Liquidity Committee

Vote: Yes

Rationale: We believe that the GHO Liquidity Committee will play a valuable role in getting GHO to peg, through the liquidity strategies that this committee will produce by leveraging the funding in this proposal, we believe that this group will be successful in driving liquidity to GHO.

1 Like
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[ARFC] Enhancing Aave DAO’s Liquidity Incentive Strategy on Balancer

Vote: Yes

Rationale: We support this approach to enhancing the Aave DAOs Liquidity Strategy on Balancer, through this approach we would not risk souring the relationship with the Balancer team.

[ARFC] Further increase GHO Borrow Rate

Vote: Yes

Rationale: We are in support of this proposal to further increase the GHO Borrow rate, although in the short term, this may seem like an aggressive approach, but in the long term this is definitely in the best interest of the GHO Stablecoin.

KNC onboarding on AaveV3 Ethereum market

Vote: Yes

Rationale: We are in support of adding the KNC asset to Aave V3 Ethereum, we believe that this asset will create additional utility for the asset’s token holders while creating value for the Aave Protocol.

Governance V3 Activation

Vote: Yes

Rationale: We are glad to support this next iteration of the Aave DAOs Governance Contracts, with this upgrade the Aave DAO is better prepared for the increased governance activity that comes as a result of the valuable work being done here at Aave.

1 Like
34

[TEMP CHECK] stEUR Onboarding on Aave V3 Ethereum Pool

Vote: Yes

Rationale: Due to the stEUR nature as a staked asset, we agree with the author that this asset has valuable potential as a collateral asset on Aave V3 Ethereum.

[TEMP CHECK] CRVUSD Onboarding on Aave V3 Ethereum Pool

Vote: Yes

Rationale: We support the onboarding of CRVUSD as an asset for the Aave V3 Ethereum market, we believe that by onboarding this asset, Aave increase stablecoin diversity while building a relation between the Curve and Aave ecosystem.

[ARFC] Aave Events & Sponsorship Budget

Vote: Yes

Rationale: We are in support of the segmentation of the Aave events budget, with a proper breakdown of the events that the Aave DAO is funding, we can confidently support these initiatives through governance.

1 Like
35

TokenLogic Hohmann Transfer

Vote: Yes

Rationale: Due to the valuable contributions made by TokenLogic to the Aave DAO, we are in support of adding TokenLogic to the Orbit Program.

GHO Funding

Vote: Yes

Rationale: We are in support of this proposal which ensures that there is enough GHO to fund the Aave the DAOs operations.

Enable borrow of OP token

Vote: Yes

Rationale: We are in support in enabling the borrow of the OP token, we believe this parameter change will create value for Aave users and the protocol generally.

[ARFC] Add FXS to Ethereum V3

Vote: Yes

Rationale: Due to the positioning of the Frax Protocol, we believe that adding the FXS asset is a valuable addition to the Aave Protocol and would create more value for FXS holders while creating value for Aave as well.

[ARFC] Gauntlet recommendation for MAI / MIMATIC deprecation

Vote: Yes

Rationale: Due to the current market conditions with the assets involved, we support the deprecation of the MAI/MIMATIC pool.

1 Like
36

Further Increase GHO Borrow Rate

Vote: Yes

Rationale: We are in support of this proposal to further increase the GHO Borrow rate, although in the short term this may seem like an aggressive approach, but in the long term this is definitely in the best interest of the GHO Stablecoin.

[ARFC] Upgrade Aave V3 ETH pool wETH parameters

Vote: Yes

Rationale: We support these parameter updates to adjust the slope1 to reflect current stETH and rETH returns, we believe that through this aggressive iteration we can ensure that the Aave Protocol remains profitable and competitive simultaneously.

[ARFC] sDAI Onboarding on Aave V3 Gnosis Pool

Vote: Yes

Rationale: With the recent deployment of Aave on Gnosis along with sDAI we believe that onboarding this asset to the Gnosis Market creates synergy points that will be beneficial to the Aave Protocol.

[ARFC] Treasury Management - Add to rETH Holding

Vote: Yes

Rationale: While other LST’s like stETH are better to hold from a yield perspective, we agree that it is better to hold rETH to remain aligned with the Aave DAOs ethos of decentralization.

[ARFC] ACI Phase II

Vote: Yes

Rationale: The ACI provides immense value to the Aave DAO and we are in support of renewing this service provider engagement, to ensure that the ACI continues providing value to the Aave DAO.

Events Funding

Vote: Yes

Rationale: We are in support of the segmentation of the Aave events budget, with a proper breakdown of the events that the Aave DAO is funding, we can confidently support these initiatives through governance.

2 Likes
37

Reserve Factor Update October 2023

Vote: Yes

Rationale: By iterating on the Reserve Factors updates for Polygon V2, we can encourage users to port their positions to Polygon v3.

Transfer Assets From Polygon To Ethereum Treasury

Vote: Yes

Rationale: In order to harmonise the Aave DAOs Strategic assets to support the DAOs strategy to drive liquidity to GHO on Ethereum Mainnet primarily, we support this proposal to facilitate the DAOs Meta-Governance Strategy.

Governance v2.5 Activation

Vote: Yes

Rationale: We are in support of the partial activation of Aave V3 Governance. We are glad to support this next iteration of the Aave DAOs Governance Contracts, with this upgrade the Aave DAO is better prepared for the increased governance activity that comes as a result of the valuable work being done here at Aave.

1 Like
38

[ARFC] Aave Funding Update

Vote: Yes

Rationale: While we support this prudent treasury management step, it is important to ensure that the funding amounts are adequate.

[ARFC] Treasury Management - Tooling Upgrade

Vote: Yes

Rationale: We are in support of this proposal to develop smart contracts to help manage the Aave DAOs treasury. Ensuring that the Contributors are able to actively manage the DAOs treasury is a great step in the right direction.

ACI Phase II

Vote: Yes

Rationale: The ACI provides immense value to the Aave DAO and we are in support of renewing this service provider engagement, to ensure that the ACI continues providing value to the Aave DAO.

Aave v3 Gnosis Activation

Vote: Yes

Rationale: With the various avenues for partnership between Aave and the Gnosis Ecosystem, we believe that deploying Aave V3 will be beneficial to Aave due to the opportunities for synergies between these two ecosystems.

[ARFC] Chaos Labs <> Aave Risk Management - Renewal

Vote: Yes

Rationale: Risk Management is an essential aspect of the Aave Protocol, through the past contributions of Chaos Labs, we are confident that the Aave DAO will continue to benefit from Chaos Lab’s contributions.

[ARFC] Chaos Labs - CRV Aave V3 Polygon - LT Reduction - 10.28.2023

Vote: Yes

Rationale: Due to the decline in CRV Liquidity we are in support of this proposal to reduce LT thresholds in order to effectively manage the risk for the protocol.

1 Like
39

Disable Stable Borrows

Vote: Yes

Rationale: Due to an attack vector spotted by a security researcher, it was recommended to disable stable borrows across all Aave networks. We are in support of this measure taken to protect the Aave Protocol until this attack vector is addressed.

[ARFC] GHO - Increase Borrow Rate

Vote: Yes

Rationale: We support this proposal to increase the GHO Borrow Rate in a bid to protect the GHO Peg and reduce the user incentive to mint GHO and exchange for other assets. While this will slow the growth of GHO, returning GHO to peg takes precedence over growth at this time.

1 Like
40

[ARFC] wMATIC Interest Rate Update

Vote: Yes

Rationale: We support this parameter change which will encourage the utilisation of the wMATIC, through this Interest Rate Update the Aave DAO can support the yield maximising strategy for users.

[ARFC] Aave Swap Upgrade

Vote: Yes

Rationale: Adding more functionality to the Aave Swap Contract is a beneficial initiative which we support. Considering the funding requested for this project and the additional utility the Contract will gain, we have chosen to support this proposal.

Multichain Stable Debt Token Upgrades

Vote: Yes

Rationale: We support this proposal which implements a security measure in the interest of the Aave Protocol. In order to address this attack vector we support preventing the minting of StableDebt tokens.

[Temp Check] GHO Bounty for Integration Issue Detection

Vote: Yes

Rationale: The Aave has over time cultivated an outstanding security culture, by rewarding researchers who help identify issues, the Aave DAO continues to incentivise researchers to report issues.

[ARFC] Treasury Management - vlAURA

Vote: Yes

Rationale: We support this proposal which takes a first step towards using the DAOs strategic assets to advance the DAOs primary objectives. We are looking forward to seeing this replicated across other strategic assets.

[ARFC] TokenLogic - Retrospective Funding Proposal

Vote: Yes

Rationale: TokenLogic has provided immense value to the Aave DAO and we are glad to support this team being fairly compensated retroactively for the work that has been done.

[ARFC] Arbitrum USDC Migration

Vote: Yes

Rationale: We support these risk parameter changes that will help facilitate the migration of bridged USDC.e to Native USDC.

[ARFC] Increase Uopt for Stablecoins on all V3 Deployments and RF on V2 Ethereum

Vote: Yes

Rationale: We are in support these risk parameter updates which will increase borrowing revenue for the concerned stablecoins. While encouraging users to migrate their positions from Aave V2 to Aave V3.

Chaos Labs Risk Management Renewal

Vote: Yes

Rationale: Risk Management is an essential aspect of the Aave Protocol, through the past contributions of Chaos Labs, we are confident that the Aave DAO will continue to benefit from Chaos Lab’s contributions.

Liquidations Grace Sentinel activation

Vote: Yes

Rationale: We support the activation of this new feature which will enable the gradual unpause of an Aave V2 pool, in order to afford affected users more time in precarious circumstances.

Aave V2 Ethereum LT Reduction

Vote: Yes

Rationale: In order to ensure the safety of the frozen assets on Aave V2 Ethereum, and the continued deprecation of Aave V2 Ethereum, we are glad to support this parameter proposal.

1 Like