StableLab Delegate Platform

Aave v3 Scroll Activation

Vote: Yes

Rationale: We support activating Aave V3 on Scroll. 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.

stkABPT Balancer V2 migration

Vote: Yes

Rationale: We support this proposal which replaces the Balancer V1 SM with the Balancer V2 Safety Module. With this migration, Aave will be able to better manage the administration of stkABPT rewards.

[ARFC] MaticX Supply Cap Increase in Polygon V3

Vote: Yes

Rationale: We are in support of increasing the Supply Cap for 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.

[ARFC] Establishing the Aave Protocol Embassy (APE)

Vote: Yes

Rationale: Meta-Governance is an excellent way for the Aave DAO to ensure that its interests are protected in various DAOs across the ecosystem. Starting with Arbtrium is an excellent approach which we will support.

[ARFC] Set Liquidity Observation Labs as Emission manager for wstETH on V3 markets

Vote: Yes

Rationale: We support selecting Lido as the Emission manager for wstETH on Aave V3 Markets. Transferring the burden of incentivising these markets to Lido would be valuable to Aave.

[ARFC] Add Contango Protocol, Cian Protocol and Index Coop to flashBorrowers on Aave V3

Vote: Yes

Rationale: From our perspective, Contango and Index Coop are both valuable protocols that actively utilise Aave’s Flashloans. Whitelisting these protocols is a great approach to increasing demand for Flashloans through Aave.

Migration of remaining Gov v2 permissions & DAO’s Paraswap positive slippage

Vote: Yes

Rationale: This proposal will enable the AAVE Guardian to claim positive slippage from Paraswap across multiple networks, we are in support of this maintenance upgrade.

V2 Ethereum LT Reductions

Vote: Yes

Rationale: We are in support of reducing the LT for assets on the Ethereum Aave V2 Markets. Incentivising users to port their positions to Aave V3

[ARFC] GHO Stewards

Vote: Yes

Rationale: We are in support of this proposal which grants the GHO Steward the permissions to make necessary changes to GHO and the GSM, it is essential that these permissions are granted to ensure that risk providers can work quickly in circumstances where it is needed.

[TEMP CHECK] Enable Metis as Collateral on Metis Chain

Vote: Yes

Rationale: We are in support of enabling Metis as a collateral asset on the Metis chain, there is a clear synergy here which will encourage Metis ecosystem participants to leverage their Metis holdings.

Reserve Factor Updates (Jan 31, 2024))

Vote: Yes

Rationale: We are in support of this proposal which encourages Polygon Aave V2 users to port their positions over to Aave V3 Polygon.

Add PYUSD to Aave v3 Ethereum Pool

Vote: Yes

Rationale: We support adding PYUSD to Aave V3 on the basis that Aave needs to continue adding diverse assets to its markets, stablecoin diversity is essential as Aave continues to grow.

1 Like

[ARFC] Chaos Labs Risk Parameter Updates - Increase Debt Ceiling for SNX and MKR on V3 Ethereum - 01.31.2024

Vote: Yes

Rationale: We are in support of increasing the Debt Ceiling to encourage utilisation and meet the demand.

[TEMP CHECK] Onboarding weETH to Aave V3 Ethereum

Vote: Yes

Rationale: We are in support of onboarding weETH into Aave V3 Ethereum, LST’s have been solidified as a valuable asset class, and Aave is committed to improving access to LST’s through proposals like this that encourage LST diversity in Aave Markets.

[ARFC] Set Aave Chan Initiative as Emission Manager for fdUSD on BNB Chain Aave V3

Vote: Yes

Rationale: We are in support of having the ACI distribute rewards for fdUSD on the Aave V3 BNB Chain.

[ARFC] Orbit Program Renewal

Vote: Yes

Rationale: The Aave delegate program has been a valuable part of Aave Governance. By incentivising delegates to participate, Aave has created an accountability layer that ensures that proposals are a minimum standard before passing through the governance process.

[ARFC] Deprecate Aave V2 AMM Market - Step 2

Vote: Yes

Rationale: In order to ensure the safety of the Aave V2 Ethereum Market and to also incentivise users to port their positions to Aave V3, we are in support of this proposal to adjust the risk parameters for specific assets on the market.

[TEMP CHECK] Integrate Oval for the BAL & SNX Ethereum V3 Markets

Vote: Yes

Rationale: We welcome the idea of the Aave DAO capturing MEV, although there are clearly aspects that need further ideation and collaboration with Aave service providers to build a system that safely extracts value for Aave.

[ARFC] Set ARB Emission Admin to Gauntlet

Vote: Yes

Rationale: Due to Gaunlet’s longstanding history with Aave and the team’s expertise, we are in support of handing over the incentivisation of ARB to Gauntlet.

[ARFC] Set osETH & SWISE Emission Admin to StakeWise

Vote: Yes

Rationale: We support handing over the task of incentivisation of osETH and SWISE to Stakewise. This role is better undertaken by the team who have a vested interest in improving the adoption of these assets.

Retroactive Bug Bounty Pre-Immunefi

Vote: Yes

Rationale: We are in support of paying out the bounties as submitted by BGD Labs. Security is an essential aspect of the Aave DAO that must be incentivised constantly.

Chaos Labs Risk Parameter Updates - Increase Debt Ceiling for SNX and MKR on V3 Ethereum - 01.31.2024

Vote: Yes

Rationale: We are in support of increasing the Debt Ceiling to encourage utilisation and meet the demand.

Set Aave Chan Initiative as Emission Manager for fdUSD on BNB Chain Aave V3

Vote: Yes

Rationale: We are in support of having the ACI distribute rewards for fdUSD on the Aave V3 BNB Chain.

[ARFC] Set OP Emission Admin

Vote: Yes

Rationale: We are in support of this proposal to enable Chaos Labs to support the migration from USDC.e to native USDC on the Aave V3 Optimism Liquidity Pool.

[ARFC] Set ETHx and SD Emission Admin to Stader Labs

Vote: Yes

Rationale: We are in support of empowering Stader Labs to distribute rewards for ETHx, shifting the burden of increasing the adoption of ETHx to Stader Labs is a great step

1 Like

[ARFC] Amend Safety Module Emissions

Vote: Yes

Rationale: We support this proposal which intends to incentivise GHO stakers by increasing the SM Emissions directed towards GHO stakers. It is essential to maintain the momentum that GHO has been able to generate through further incentivisation.

[ARFC] Merit - A New Aave-Alignment User Reward System

Vote: Yes

Rationale: We support the rationale behind this initiative which seeks to reward Aave Aligned users better. The Aave Merit Program aims to boost Aave’s market share and revenue by incentivising actions. However, its punitive measures may deter users from rival protocols more than encourage them to switch to Aave.

[ARFC] Enable Metis as Collateral on Metis Chain

Vote: Yes

Rationale: We are in support of enabling Metis as a collateral asset on the Metis chain, there is a clear synergy here which will encourage Metis ecosystem participants to leverage their Metis holdings.

ARFC. Stable rate deprecation

Vote: Yes

Rationale: Due to the critical vulnerability found, we are in support of deprecating Stable Rate until this issue is patched and fully resolved.

Reserve Factor Updates (February 15, 2024)

Vote: Yes

Rationale: We are in support of this proposal which encourages Polygon Aave V2 users to port their positions over to Aave V3 Polygon.

MaticX Supply Cap Increase in Polygon V3

Vote: Yes

Rationale: We are in support of increasing the Supply Cap for 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.

Orbit Program

Vote: Yes

Rationale: The Aave delegate program has been a valuable part of Aave Governance. By incentivising delegates to participate, Aave has created an accountability layer that ensures that proposals are a minimum standard before passing through the governance process.

Aave Protocol Embassy

Vote: Yes

Rationale: Meta-Governance is an excellent way for the Aave DAO to ensure that its interests are protected in various DAOs across the ecosystem. Starting with Arbtrum is an excellent approach which we will support.

Treasury Management - GSM Funding & RWA Strategy Preparations (Part 2)

Vote: Yes

Rationale: This proposal ensures that the DAO is adequately capitalised to meet its obligations as it relates to compensating service providers, funding the GHO Stability Module and the Centrifuge RWA arrangement. We support this proposal because it prepares the DAO in advance to meet its obligations.

Stable Rate Bug Bounty

Vote: Yes

Rationale: Due to the critical vulnerability found, we are in support of deprecating Stable Rate until this issue is patched and fully resolved.

[ARFC] Chaos Labs - Update WETH IR on V3 Arbitrum and Optimism - 02.16.2024

Vote: Yes

Rationale: We support this proposal which adjusts the interest rates for WETH, stETH across Ethereum, Optimism and Arbitrium. We agree that by adjusting these parameters we can make Aave the preferable destination to deposit these assets while creating value for the Aave Protocol and its users.

[ARFC] Funding Update

Vote: Yes

Rationale: This proposal is essential to ensuring that the DAO is adequately capitalised to meet its obligations in relation to the upcoming Merit Program and Service Provider contract renewal. While we support this prudent treasury management step, it is important to ensure that the funding amounts are adequate.

Aave V1 Deprecation Phase 2

Vote: Yes

Rationale: We support deprecating Aave V1 to reduce the overhead costs, with Aave V3, and the continued migration from Aave V2 to V3, we are in favour of deprecating Aave V1 to ensure leaner operations.

Set Liquidity Observation Labs as Emission manager for wstETH on V3 markets

Vote: Yes

Rationale: We support selecting Lido as the Emission manager for wstETH on Aave V3 Markets. Transferring the burden of incentivising these markets to Lido would be valuable to Aave.

GHO Borrow Rate Increase 2024-02-29

Vote: Yes

Rationale: We support further increasing the GHO borrow rate in order to drive more value towards the GHO stablecoin and maintain its peg.

Reserve Factor Updates (February 29, 2024)

Vote: Yes

Rationale: We are in support of this proposal which encourages Polygon Aave V2 users to port their positions over to Aave V3 Polygon.

[TEMP CHECK] Add rsETH to Aave V3 Ethereum

Vote: Yes

Rationale: From our perspective, rsETH would be a valuable addition to Aave V3 Ethereum, it is important for Aave to continue to uphold LST diversity as it continues to expand.

[TEMP CHECK] GHO Cross-Chain Strategy Launch with CCIP

Vote: Yes

Rationale: We are in support of leveraging CCIP to enable GHO’s cross-chain expansion, with Aave being a multi-chain protocol, it is important for the GHO to be accessible on as many chains as possible.

Assign Emission Admin - Ethereum, Arbitrum and Optimism

Vote: Yes

Rationale: We support this proposal which essentially assigns the incentive admin rights for assets on Ethereum, Arbitrium and Optimism to stakeholders committed to incentivising these assets on these networks.

[ARFC] Onboard weETH to Aave v3 on Ethereum

Vote: Yes

Rationale: We are in support of onbaording weETH into Aave V3 Ethereum, LST’s have been solidified as a valuable asset class, and Aave is committed to improving access to LST’s through proposals like this that encourage LST diversity in Aave Markets.

[ARFC] Add gmBTC on Arbitrum V3

Vote: Yes

Rationale: Due to the demand for gmBTC, and the current market conditions surrounding the gmBTC asset and the GMX Protocol, we believe adding this this asset to Aave V3 Arbitrium is valuable.

[ARFC] Ethereum v2 Reserve Factor Adjustment

Vote: Yes

Rationale: We are in support of this proposal which encourages Aave V2 users to port their positions over to Aave V3 which is safer and offers more optionality in terms of assets and features to the user…

[ARFC] Stablecoin Harmonization and Asset Parameters Optimization

Vote: Yes

Rationale: This proposal presents the Aave DAO with an opportunity to optimise its revenue by encouraging the use of USDC and USDT as collateral assets, this unique opportunity identified by Chaos Lab’s data delivers insight that informs the basis of this proposal, therefore we are glad to support.

[ARFC] Aave Liquidity Committee Funding

Vote: Yes

Rationale: We support funding the Aave Liquidity Committee with the resources it needs to continue doing an effective job. With the recent developments with GHO, it is important to further empower this committee to continue doing good work.

[ARFC] Set Liquidity Observation Labs as Emission manager for wstETH on Scroll

Vote: Yes

Rationale: We support selecting Liquidity Observation Labs as the Emission manager for wstETH on the Aave V3 Scroll Market. Transferring the burden of incetivising these markets to Liquidity Observation Labs would be valuable to Aave.

[ARFC-Addendum] Introduce “Hold StkGHO” Reward Action

Vote: Yes

Rationale: We are in support of this proposal which adds more value to the upcoming Aave Merit Program. And adds more value to GHO.

Merit Approvals

Vote: Yes

Rationale: We support the rationale behind this initiative which seeks to reward Aave Aligned users better in the midst of Aave competitors looking to chip at Aave’s marketshare.

Funding Update

Vote: Yes

Rationale: This proposal is essential to ensuring that the DAO is adequately capitalised to meet its obligations in relation to the upcoming Merit Program and Service Provider contract renewal. While we support this prudent treasury management step, it is important to ensure that the funding amounts are adequate.

Amend Safety Module Emissions

Vote: Yes

Rationale: We support this proposal which intends to incentivise GHO stakers by increasing the SM Emissions directed towards GHO stakers. It is essential to maintain the momentum that GHO has been able to generate through further incentivisation.

[ARFC] Add gmETH on Arbitrum V3

Vote: Yes

Rationale: Due to the demand for gmETH, and the current market conditions surrounding the gmETH asset and the GMX Protocol, we believe adding this this asset to Aave V3 Arbitrium is valuable.

[TEMP CHECK] Onboard wbETH on Aave V3 BNB Chain

Vote: Yes

Rationale: We are in support of onboarding wbETH into Aave V3 BNB, this is a welcome development as Aave continually adds assets that gives users access to various diverse LST’s across multiple chains.

[TEMP CHECK] Onboard BNBx on Aave V3 BNB Chain

Vote: Yes

Rationale: We are in support of onboarding BNBx into Aave V3 BNB, this is a welcome development as Aave continually adds assets that gives users access to various diverse LST’s across multiple chains.

[TEMP CHECK] Onboard sUSDe to Aave V3 on Ethereum

Vote: Yes

Rationale: With the traction being built around the Ethena Protocol, it is important for Aave to capitalize for the demand for this asset to create an additional market for sUSDe.

[ARFC] Set Aave Chan Initiative as Emission Manager for PYUSD on Aave V3 Ethereum Market

Vote: Yes

Rationale: The ACI is a valuable and trusted member of Aave Governance, therefore we are glad to support this proposal which appoints them as an Emission Manager for PYUSD on Aave V3 Ethereum.

[ARFC] Set Aave Chan Initiative as Emission Manager for sUSD on Aave V3 Optimism

Vote: Yes

Rationale: The ACI is a valuable and trusted member of Aave Governance, therefore we are glad to support this proposal which appoints them as an Emission Manager for sUSD on Aave V3 Optimism.

Activation of A-C Prime Foundation

Vote: Yes

Rationale: Although this proposal does not have any on-chain implementation beyond an on-chain message; we are in support of setting up this association to facilities the DAOs RWA efforts.

addFlashborrowers

Vote: Yes

Rationale: We are in support of adding the flasborrowers approved by Aave Governance. We are excited to see the flashborrower transaction volumes that the whitelisted flashborrowers will generate through Aave.

Ethereum v2 Reserve Factor Adjustment

Vote: Yes

Rationale: We are in support of adjusting the Aave V2 Ethereum Reserve Factor in order to incentivize users to port their positions to Aave V3.

GHO Borrow Rate Increase

Vote: Yes

Rationale: We support further increasing the GHO borrow rate in order to drive more value towards the GHO stablecoin and maintain its peg.

Set Price Cap Adapters (CAPO)

Vote: Yes

Rationale: We support this proposal which offers additional price protection for Aave LSTs and most of its stablecoins. This additional layer of price security will further insulate Aave from the risk of price manipulation related exploits.

[ARFC] Emission Manager Framework Update

Vote: Yes

Rationale: By standardising the Emission Manager Framework, Aave creates clarity for how stakeholders looking to incentivise specific assets and markets should approach engaging with Aave Governance.

[ARFC] - Remove ARB from Isolation mode on Arbitrum Market

Vote: Yes

Rationale: Due to the growth of the Arbitrium Ecosystem and the improved liquidity of the ARB token, we are in support of removing ARB from Isolation mode.

[TEMP CHECK] Onboard sUSDe to Aave V3 on Ethereum

Vote: Yes

Rationale: With the traction being built around the Ethena Protocol, it is important for Aave to capitalize for the demand for this asset to create an additional market for sUSDe.

[ARFC] TUSD and BUSD Aave V2 Rate Amendments

Vote: Yes

Rationale: Due to the increasing risk of bad debt, we are in support of the proposed interest rate parameters looking to safely deprecate these assets.

[ARFC] Stablecoin IR Curve Amendment on Aave V2 and V3

Vote: Yes

Rationale: We support this proposal which presents an opportunity for Aave to maximise its interest rates for stablecoins, in reaction to the demand for supplying and borrowing stablecoins.

Aave Liquidity Commitee Funding

Vote: Yes

Rationale: We support funding the Aave Liquidity Committee with the resources it needs to continue doing an effective job. With the recent developments with GHO, it is important to further empower this committee to continue doing good work.

[ARFC] Reset Aave v3 Deployment Pipeline
Vote: Yes
Rationale: We are in support of resetting the deployment pipeline to ensure compliance with the new chain deployment framework; these standards are essential in protecting the best interests of the Aave Protocol.

Update a.DI implementation and CCIP adapters
Vote: Yes
Rationale: We are in support of this proposal, which updates the CCIP Bridge adapters to improve its cross-chain functionality for Aave.

stablecoin harmonization
Vote: Yes
Rationale: This proposal presents the Aave DAO with an opportunity to optimise its revenue while reducing its debt exposure by encouraging the use of USDC and USDT as collateral assets; this unique opportunity identified by Chaos Lab’s data delivers insight that informs the basis of this proposal, therefore we are glad to support.

Reserve Factor Updates (March 13, 2024)
Vote: Yes
Rationale: We are in support of adjusting the Aave V2 Ethereum Reserve Factor for Polygon in order to incentivize users to port their positions to Aave V3.

[ARFC] GHO Stewards + Borrow Rate Update
Vote: Yes
Rationale: We are in support of this proposal which grants the GHO Steward the permissions to make necessary changes to GHO and the GSM while also increasing the GHO Borrow Rate. It is essential that these permissions are granted to ensure that risk providers can work quickly in circumstances where it is needed.

v3 Periphery maintenance
Vote: Yes
Rationale: We are in support of this maintenance proposal put forward by BGD Labs to ensure the optimal operations of the Scroll network on Aave.

[ARFC] Onboard osETH to Aave V3 on Ethereum
Vote: Yes
Rationale: Off-Chain In addition to encouraging LST diversity to enable the onboarding of new Aave Users, we are glad to add osETH to the Aave V3 Ethereum Market, we believe that this asset is a valuable addition to the Aave V3 Ethereum Market.

Generalised LT/LTV Reduction on Aave
Vote: Yes
Rationale: We support this proposal because it ensures that Aave’s exposure to bad debt is conservatively curtailed based on current market occurrences.

[ARFC] Chaos Labs - Borrow Cap Reductions on Aave Ethereum - 03.11.24
Vote: Yes
Rationale: We are in support of reducing the borrowing cap for Long-Tailed Assets on Aave V3 Ethereum as a means of limiting the Aave DAOs exposure.

[TEMP CHECK] Onboard Catapulta as Aave V3 Deployment Service Provider
Vote: Yes
Rationale: Due to the size of the budget requested and the past experience of the grantee with Aave, we are in support of this proposal.

[ARFC] BGD <> Aave Phase 3 (2 scopes)
Vote: Yes
Rationale: BGD Labs has been a valuable service provider to the Aave Protocol. Therefore, we are in support of continuing BGD Labs’ engagement with Aave.

GHO Stewards + Borrow Rate Update
Vote: Yes
Rationale: By activating the GHO Stewards Permission, we empower risk service providers with the permissions they need to effect necessary changes, such as changing the GHO Borrow Rate in this instance.

[TEMP CHECK] Onboard ezETH to Aave V3 Ethereum
Vote: Yes
Rationale: We support this proposal to onboard ezETH into the Aave V3 Ethereum market; Aave’s commitment to LST diversity is a key feature that actively contributes to the success of the protocol.

[ARFC] Onboard Catapulta as Aave V3 Deployment Service Provider
Vote: Yes
Rationale: Due to the experience of the team, the proposed scope and budget, we are in support of this proposal.

[ARFC] aAMPL interim distribution
Vote: Yes
Rationale: We support this proposal, which enables the efficient distribution of aAMPL.

Activate Gho Stewards
Vote: Yes
Rationale: We are in support of activating the GHO Stewards to ensure that risk service providers are empowered with the permissions they need to manage GHO’s parameters effectively.

[ARFC] Avalanche v2 Reserve Factor Adjustment
Vote: Yes
Rationale: We support adjusting the Reserve Factor on Aave V2 Avalanche to encourage users to port their positions to Aave V3 Avalanche.

Contango FlashBorrower
Vote: Yes
Rationale: From our perspective, Contango is a valuable protocol that actively utilises Aave’s Flashloans. Whitelisting these protocols is a great approach to increasing demand for Flashloans through Aave.

Aave BGD Phase 3
Vote: Yes
Rationale: BGD Labs has been a valuable service provider to the Aave Protocol. Therefore, we support continuing BGD Labs’ engagement with Aave.

Remove ARB from Isolation Mode on Arbitrum
Vote: Yes
Rationale: Due to the growth of the Arbitrium Ecosystem and the improved liquidity of the ARB token, we are in support of removing ARB from Isolation mode.

Ethereum v2 Reserve Factor Adjustment
Vote: Yes
Rationale: We support adjusting the Aave V2 Ethereum Reserve Factor in order to incentivise users to port their positions to Aave V3.

[TEMP CHECK] Onboard LlamaRisk as Aave Risk Service Provider
Vote: Yes
Rationale: We are in support of this proposal due to its scope, budget and the wealth of experience that the LlamaRisk team brings to Aave Governance.

Upgrade AMPL implementation
Vote: Yes
Rationale: We are in support of this proposal, which enables and implements the efficient distribution of aAMPL.

Generalised LT/LTV Reduction on Aave
Vote: Yes
Rationale: We support this proposal because it ensures that Aave’s exposure to bad debt is conservatively curtailed based on current market occurrences.

Native bridge adapters update
Vote: Yes
Rationale: We support this upgrade which improves the a.DI and makes it more efficient with gas limit configurations.

StablecoinIRUpdates
Vote: Yes
Rationale: We support this proposal, which presents an opportunity for Aave to maximise its interest rates for stablecoins in reaction to the demand for supplying and borrowing stablecoins.

ReserveFactorUpdates
Vote: Yes
Rationale: We support adjusting the Reserve Factor on the Aave V2 Polygon market to encourage users to port their positions to Aave V3 Polygon.

[TEMP CHECK] Allez Labs risk provider proposal to Aave DAO
Vote: Yes
Rationale: With the final selection process at the ARFC stage, we support the current candidates going forward; this will ensure a variety of options, giving the DAO more avenues to capture value for its money.

[TEMP CHECK] Onboard OpenBlock as Aave Risk Service Provider
Vote: Yes
Rationale: With the final selection process at the ARFC stage, we support the current candidates going forward; this will ensure a variety of options, giving the DAO more avenues to capture value for its money.

Update WETH IR on V3 Arbitrum and Optimism
Vote: Yes
Rationale: We support this proposal which adjusts the interest rates for WETH, stETH across Ethereum, Optimism and Arbitrium. We agree that by adjusting these parameters we can make Aave the preferable destination to deposit these assets while creating value for the Aave Protocol and its users.

TUSD and BUSD Aave V2 Rate Amendments
Vote: Yes
Rationale: Due to the increasing risk of bad debt, we are in support of the proposed interest rate parameters looking to safely deprecate these assets.

Borrow Cap Reductions on Aave V3 Ethereum
Vote: Yes
Rationale: It is important for Aave to continue to limit its exposure to bad debt. By ensuring that borrowing caps are managed conservatively, we can avoid incidents similar to those that happened with Curve.

EURe Emissions Manager
Vote: Yes
Rationale: We are in support of appointing the ACI as the Emissions Manager for EURe on the Aave V3 Gnosis Market.

Funding Update (Part B)
Vote: Yes
Rationale: This proposal will ensure that the Aave DAO is adequately capitalised to meet all of its obligations as they become due; therefore, we are glad to support them.

[ARFC] Onboard wbETH to Aave v3 BNB Chain

Vote: Yes

Rationale: We are in support of onboarding wbETH into Aave V3 BNB, this is a welcome development as Aave continually adds assets that gives users access to various diverse LST’s across multiple chains.

[ARFC] Onboard sUSDe to Aave V3 on Ethereum

Vote: Yes

Rationale: With the traction being built around the Ethena Protocol, it is important for Aave to capitalize for the demand for this asset to create an additional market for sUSDe.

[ARFC] Risk Parameters for DAI Update

Vote: Yes

Rationale: After considering the various options put forth in the Chaos Labs Risk Assessment post, we are in favour of adopting the conservative approach with DAI pending any other additional risks that may come up.

[ARFC-Addendum] Update Boosters & diluters for Merit Round 2

Vote: Conservative

Rationale: This proposal looks to further reward Aave users who are fully aligned with the Aave Protocol, given the current landscape and the battle for market share, we support this proposal.

Reserve Factor Updates

Vote: Yes

Rationale: We are in support of this proposal which increased the reserve factor on the Aave V2 Ethereum and Avalanche markets to incentivize users to port their positions over to Aave V3 Ethereum and Avalanche

weETH Onboarding

Vote: Yes

Rationale: We are in support of onbaording weETH into Aave V3 Ethereum, LST’s have been solidified as a valuable asset class, and Aave is committed to improving access to LST’s through proposals like this that encourage LST diversity in Aave Markets.

[ARFC] Polygon v2 Borrow Rate Adjustments

Vote: Yes

Rationale: In order to incentivise Aave V2 Polygon users to port their positions over to Aave V3 Polygon, we are in support of adjusting the Borrow Rate for assets on Aave V2 Polygon.

Interim aAMPL distribution

Vote: Yes

Rationale: We support this proposal which addresses a technical issue with the aAMPL distribution process.

weETH Arbitrum onboarding

Vote: Yes

Rationale: We are in support of onbaording weETH into Aave V3 Arbitrium, LST’s have been solidified as a valuable asset class, and Aave is committed to improving access to LST’s through proposals like this that encourage LST diversity in Aave Markets.

[ARFC] Chaos Labs Risk Parameter Updates - OP on V3 Optimism

Vote: Yes

Rationale: Following recommendations from Chaos Labs, we are in support of adjusting the Liquidation Threshold for the OP Asset on the Aave V3 Optimism Market, in our opinion ensuring that this asset is optimized to create value for the Aave protocol while remaining safe for users is essential.

[ARFC] - Chaos Labs Engagement Amendment

Vote: Yes

Rationale: Due to the increased workload and the change in market conditions at the time of the install renewal proposal, we are in support of increasing Chaos Labs compensation.

[ARFC] Chaos Labs Risk Parameter Updates - GNO on V3 Gnosis

Vote: Yes

Rationale**:** We are in support of increasing the LT and LTV for GNO on the Aave V3 Gnosis Market, due to current market conditions we believe that this risk parameter proposal ensures that Aave is optimally and safely extracting value.

[ARFC] Onboard New Risk Service Provider

Vote**:** Llama Risk, Open Block and Allez Labs

Rationale: From our analysis, Llama Risk would be the best fit for the Aave DAO, followed by Allez Labs. The Aave Protocol continues to expand it is pertinent for the DAO to have experienced service providers to help the Protocol function within the best risk management practices.

[ARFC] “Merit is Forever” Reward System Program Extension

Vote: Yes

Rationale: Merit has been a valuable incentive program in the battle to ensure Aave’s continued dominance, therefore we would be in support of extending the Merit program. However, we must be diligent in selecting which L2s should receive Merit funds in order to ensure that these incentives attract the most value for Aave.

Mainnet PYUSD Emissions Admin

Vote: Yes

Rationale: The ACI is a valuable and trusted member of Aave Governance, therefore we are glad to support this proposal which appoints them as an Emission Manager for PYUSD on Aave V3 Ethereum.

Optimism susd Emission Admin

Vote: Yes

Rationale: The ACI is a valuable and trusted member of Aave Governance, therefore we are glad to support this proposal which appoints them as an Emission Manager for SUSD on Aave V3 Optimism.

Scroll wstETH Emission Manager

Vote: Yes

Rationale: We are in support of appointing Liquidity Observation Labs as the Emission Manager for wstETH on Aave V3 Scroll. Through this appointment the Aave DAO transfer the responsibility of incentivizing this asset to Liquidity Observation Labs who are key stakeholders in the asset.

Temporary Freeze of Long-Tail V2 Assets

Vote: Yes

Rationale: We are in support of disabling new supple and borrows for the assets specified in this proposal to reduce Aave’s exposure to these assets as we continue to incentivize users to port their positions to Aave V3.

Ethereum V2 LT Reductions

Vote: Yes

Rationale: We are in support of reducing the Liquidation Threshold to encourage users to port their positions to Aave V3 Ethereum.

Set Price Cap Adapters for Aave V2

Vote: Yes

Rationale: We support the activation of the This proposal activates the correlated-assets price oracle (CAPO) for Stablecoin assets in Aave V2 Pools.

[TEMP CHECK] GHO Cross-Chain Rollout Plan - First Network

Vote: Yes

Rationale: We are in support of starting this rollout with Avalanche due to the incentives that the Avalanche team have allocated to help the adoption of GHO on the Avalanche network.

LayerZero bridge adapter update to V2

Vote: Yes

Rationale: We support this proposal, which improved the bridge infrastructure for Aave V2 across multiple networks.

Risk Parameter Updates - OP on V3 Optimism

Vote: Yes

Rationale: Following recommendations from Chaos Labs, we support adjusting the Liquidation Threshold for the OP Asset on the Aave V3 Optimism Market. In our opinion, ensuring that this asset is optimised to create value for the Aave protocol while remaining safe for users is essential.

[TEMP CHECK] Introducing “FastPass” - A Safety Module Update

Vote: Yes

Rationale: We support Fastpass; it would be a valuable feature for the Ave Safety Module. However, the author would have to determine the specifics of the proposed churn rate. We suggest having an individual cap based on a percentage of a user’s total stake.

[ARFC] Update Aave Liquidity Committee SAFE

Vote: Yes

Rationale: Due to SolarCurve’s offboarding, we support updating the Aave Liquidity Community Safe to a 3 of 5 multisig to improve the speed of signing and executing transactions.

Chaos Labs Engagement Amendment

Vote: Yes

Rationale: Due to the increased workload and the change in market conditions at the time of the install renewal proposal, we support growing Chaos Labs’ compensation.

V2 Stable Debt Offboarding

Vote: Yes

Rationale: Due to the critical vulnerability found, we support deprecating the Stable Rate until this issue is patched and fully resolved.

[TEMP CHECK] Onboard ggAVAX to Aave V3 on Avalanche

Vote: Yes

Rationale: Given Aave’s commitment to LST diversity, we will support onboarding ggAVAX to Aave V3 Avalanche. By adding diverse LSTs, Aave continues to grow its user base in various ecosystems.

[ARFC] aAMPL Second Distribution

Vote: Yes

Rationale: We support voting in favour of this proposal for a second distribution of stablecoins from the Aave Collector, which is crucial to addressing the issue detected on the AMPL custom reserve on Aave v2 Ethereum in December 2023.

The unexpected inflation of AMPL-related balances and supply, which is not in line with the Ampleforth team’s intended design, necessitates further remediation. By voting in favour, Aave governance can effectively address the issue, provide liquidity for affected users, and uphold the integrity of the Aave ecosystem.

[ARFC] Updating weETH Risk Parameters

Vote: Yes

Rationale: We support adjusting the weETH interest rate to ensure that the Aave DAO maximises the revenue it can collect while encouraging users to leverage their weETH as collateral.

[TEMP CHECK] Add AERO to Base V3

Vote: Yes

Rationale: Due to the traction AERO has built on the Base network, we support adding AERO to the Aave V3 Base Market.

[ARFC]. BGD. Aave v3.1 Cantina competition

Vote: Yes

Rationale: Aave has been committed to building a solid security culture. Competitions like this continue to reinforce Aave’s commitment to security.

stkGHO Incentives

Vote: Yes

Rationale: We support renewing Aave’s GHO incentives after the expiration of the previous 180-day period. To ensure that GHO reaches full adoption, it is essential for Aave to continue investing in incentivising users to use GHO as a store of value.

Hyperlane bridge adapter update to V3

Vote: Yes

Rationale: This proposal is necessary to update the Hyperlane Bridge. This key piece of infrastructure is a valuable part of Aave’s infrastructure, and we are glad to support its update through a vote.

aAMPL Second Distribution

Vote: Yes

Rationale: We support voting in favour of this proposal. A second distribution of stablecoins from the Aave Collector is crucial to address the issue detected on the AMPL custom reserve on Aave v2 Ethereum in December 2023. The unexpected inflation of AMPL-related balances and supply, which is not in line with the intended design by the Ampleforth team, necessitates further remediation. By voting in favour, Aave governance can effectively address the issue, provide liquidity for affected users, and uphold the integrity of the Aave ecosystem.

[TEMP CHECK] Onboard tBTC to Aave v3 on Ethereum, Arbitrum and Optimism

Vote: Yes

Rationale: We support onboarding tBTC to the Aave V3 Ethereum, Arbitrium and Optimism networks. There are clear opportunities for synergy for tBTC holders looking to participate in the broader DeFi ecosystem.

StablecoinIRUpdates

Vote: Yes

Rationale: We support this proposal, which presents an opportunity for Aave to maximise its interest rates for stablecoins in reaction to the demand for supplying and borrowing stablecoins.

Updating weETH Risk Parameters

Vote: Yes

Rationale: We support adjusting the weETH interest rate to ensure that the Aave DAO maximises the revenue it can collect while encouraging users to leverage their weETH as collateral.

Polygon V2 Reserve Factor Updates & Interest Rate Increases

Vote: Yes

Rationale: We support adjusting the borrowing rate for assets on Aave V2 Polygon to incentivize users to transfer their positions to Aave V3 Polygon.

Aave v3.1 Cantina competition

Vote: Yes

Rationale: Aave has been committed to building a solid security culture. Competitions like this continue to reinforce Aave’s commitment to security.

[ARFC] ACI Phase III - “Ad Astra”

Vote: Yes

Rationale: The ACI has provided immense value to the Aave DAO, and we support renewing this service provider engagement with the DAO.

[ARFC] Deprecation of Small-cap Stablecoins on V2 Ethereum

Vote: Yes

Rationale: To limit Aave’s exposure on Aave V2, we support deprecating small-cap stablecoins on V2 Ethereum.

[ARFC] Onboard ggAVAX to Aave V3 on Avalanche

Vote: Yes

Rationale: With Aave’s commitment to LST diversity, we are glad to support onboarding ggAVAX to Aave V3 Avalanche. By adding diverse LST’s Aave continues to grow its user base to various ecosystems.

[ARFC] Renewal of Aave Guardian - 2024

Vote: Yes

Rationale: We are in support of the renewal of the Aave Guardian and we are glad to be part of the proposed Guardians. The Guardians occupy an key emergency position in the Aave DAO.

[ARFC] LT/LTV Reductions on Aave V2 Stablecoins

Vote: Conservative

Rationale: We are in support of adopting a conservative option to ensure that we reduce the number of liquidations that could possibly occur, at the present time, there is no incentive to favour an aggressive approach.

Aave V1 Deprecation Phase 3

Vote: Yes

Rationale: We are in support of this further step to deprecate Aave V1 and reduce overhead for the Aave Protocol. It is important for Aave to continue to limit its exposure to positions on Aave V1 and Aave V2.

ACI Ad Astra

Vote: Yes

Rationale: The ACI has provided immense value to the Aave DAO and we are in support of renewing this service provider engagement with the DAO.

Generalized LT/LTV Reductions on Aave V3 Step 2

Vote: Yes

Rationale: In order to ensure that the Aave DAO optimises its stablecoin markets to deliver value to users in a safe manner, while maximising revenue for the DAO, we are in support of these LT/LTV reductions on Aave V3.

Reserve Factor Upgrades

Vote: Yes

Rationale: We are in support of adjusting the Reserve Factor for Ethereum and Avalanche to encourage users to port their positions from Aave V2 to Aave V3. It is important to ensure that users port their positions to Aave V3 to enjoy more features, while the Aave protocol can increasingly protect itself from its exposure to Aave V2.

[TEMP CHECK] Add rsETH to Aave V3 Ethereum

Vote: Yes

Rationale: From our perspective rsETH would be a valuable addition to Aave V3 Ethereum, it is important for Aave to continue to uphold LST diversity as it continues to expand.

[ARFC] Safety Module stkGHO - Rewards Adjustment

Vote: Yes

Rationale: We are in favor of replacing the AAVE Emissions with stkGHO, it is our opinion that the Aave Protocol should work on retaining more of the AAVE native token in a bid to retain protocol equity, replacing AAVE Emissions with GHO is a great first step in the right direction.

April Finance Update

Vote: Yes

Rationale: It is important for the Aave Protocol to be fully capitalised to meet payment obligations. By ensuring funds are made available, the DAO can meet its obligations in a timely manner in ensure that operations run smoothly.

osETH Onboarding

Vote: Yes

Rationale: In addition to encouraging LST diversity to enable the onboarding of new Aave Users, we are glad to add osETH to the Aave V3 Ethereum Market, we believe that this asset is a valuable addition to the Aave V3 Ethereum Market.

[TEMP CHECK] Add AERO to Base V3 Reproposal

Vote: No

Rationale: Due to the minimal amount of long term traction built by AERO on the Base network, we are not in support of adding AERO to the Aave V3 Base Market.

[ARFC] Fund USDC & USDT GSM

Vote: Yes

Rationale: In order to facilitate the continued stability of GHO, we are in support of this proposal which seeks to fund the USDC and USDT GHO Stability Modules.

[ARFC-Addendum] Update Merit for Round 4

Vote: Yes

Rationale: We support this update to round 4 of the Merit Program to ensure its continued improvement. By iterating on the Merit program, we can ensure that we continue to incentivise Aave users in a way that gives the Aave DAO value for its investment.

[ARFC] 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 willing to allocated 0.5% of CELO circulating supply as an incentive for Aave users to support the adoption and bootstrap growth on Celo.

[ARFC] GHO Cross-Chain Launch

Vote: Yes

Rationale: We are in support of leveraging CCIP to enable GHO’s cross-chain expansion, with Aave being a multi-chain protocol, it is important for the GHO to be accessible on as many chain as possible.

Chaos Labs Ethereum V2 LT Reductions

Vote: Yes

Rationale: We are in support of reducing the Liquidation Threshold to encourage users to port their positions to Aave V3 Ethereum.

Deprecation of Small-cap Stablecoins on V2 Ethereum

Vote: Yes

Rationale: In order to limit Aave’s exposure on Aave V2, we are in support of deprecating small cap stablecoins on V2 Ethereum.

[ARFC] Aave Finance Steward

Vote: Yes

Rationale: We support this proposal which empowers Aave’s Finance Service providers to actively execute on approved DAO decisions relating to the treasury.

[ARFC] Onboard USDe to Aave V3 on Ethereum

Vote: Yes

Rationale: With the traction being built around the Ethena Protocol, it is important for Aave to capitalize for the demand for this asset to create an additional market for USDe.

SUSD risk parameters update

Vote: Yes

Rationale: In order to address the depegging issue being faced by SUSD, we are in support of this proposal which mitigates this issue and limits Aave’s exposure.

[TEMP CHECK] Safety Module - Create GHO/USDC E-CLP Category

Vote: Yes

Rationale: We are in support of this proposal which makes an excellent attempt to deepen liquidity for GHO.

[ARFC] Orbit Program Renewal May 2024

Vote: Yes

Rationale: The Aave delegate program has been a valuable part of Aave Governance. By incentivising delegates to participate, Aave has created an accountability layer that ensures that proposals are a minimum standard before passing through the governance process.

[ARFC] Onboard tBTC to Aave v3 on Ethereum

Vote: Yes

Rationale: We support onboarding tBTC to the Aave V3 Ethereum. There are clear opportunities for synergy for tBTC holders looking to participate in the broader DeFi ecosystem.

[ARFC Addendum] Increase Supply and Borrow Caps for weETH

Vote: Yes

Rationale: Due to the demand for supplying and borrowing weETH, we are in support of increasing the Supply and Borrow Caps for weETH in a safe manner.

LT/LTV Reductions on Aave V2 Stablecoins

Vote: Yes

Rationale: We are in support of adopting a conservative option to ensure that we reduce the number of liquidations that could possibly occur, at the present time, there is no incentive to favour an aggressive approach.

[ARFC] Expansion of “Frontier”

Vote: Yes

Rationale: Due to the success of the initial trial run of of Aave’s participation in LST’s we are in support of renewing and expanding this program to increase Aave’s participation in LST’s.

Migrate Robots to Chainlink Automation v2

Vote: Yes

Rationale: We support this technical upgrade to the Aave Robots that help with execution, this upgrade will help with improving the efficiency of the Aave Protocols operations.

weETH Aave V3 Base Onboarding

Vote: Yes

Rationale: We are in support of onboarding weETH into Aave V3 Base, LST’s have been solidified as a valuable asset class, and Aave is committed to improving access to LST’s through proposals like this that encourage LST diversity in Aave Markets.

Reserve Factor Upgrades

Vote: Yes

Rationale: We are in support of adjusting the Reserve Factor for Ethereum and Avalanche to encourage users to port their positions from Aave V2 to Aave V3. It is important to ensure that users port their positions to Aave V3 to enjoy more features, while the Aave protocol can increasingly protect itself from its exposure to Aave V2.

[TEMP CHECK] Deploy Aave V3 on Mode

Vote: Yes

Rationale: Although Mode does not offer incentives for Aave’s deployment at this initial stage, we believe it is important to support Mode while we work with them to create financial upside for this Aave deployment.

[ARFC] Chaos Labs Parameter Recommendations - sUSD on V3 Optimism - 05.23.2024

Vote: Yes

Rationale: In order to address the depegging issue being faced by SUSD, we are in support of this proposal which mitigates this issue and limits Aave’s exposure.

Orbit Program Renewal

Vote: Yes

Rationale: The Aave delegate program has been a valuable part of Aave Governance. By incentivising delegates to participate, Aave has created an accountability layer that ensures that proposals are a minimum standard before passing through the governance process.

[ARFC] - Chaos Labs Risk Parameter Updates - Aave V3 - 05.24.2024

Vote: Yes

Rationale: We are in support of these risk parameter proposal which increases the capital efficiency for Aave users interacting with the assets listed in this proposal.

[ARFC] Increase Bridged USDC Reserve Factor Across All Deployments

Vote: Yes

Rationale: We support this proposal which encourages users to switched from bridged USDC to native USDC by increasing the Reserve Factor for Bridged USDC across all deployments.

[ARFC] Safety Module - Create GHO/USDC E-CLP Category

Vote: Yes

Rationale: We are in support of this proposal which makes an excellent attempt to deepen liquidity for GHO.

[ARFC] Adjusting Interest Rate Curve for weETH on Arbitrum and Base

Vote: Yes

Rationale: We are in support of adjusting the weETH interest rate on Arbitrium and Base in order to ensure that the Aave DAO is maximising the revenue that it can collect while encouraging users to leverage their weETH as collateral.

Onboard USDe Aave V3 Ethereum

Vote: Yes

Rationale: With the traction being built around the Ethena Protocol, it is important for Aave to capitalise for the demand for this asset to create an additional market for USDe.

Chaos Labs Parameter Recommendations sUSD on V3 Optimism

Vote: Yes

Rationale: In order to address the depegging issue being faced by SUSD, we are in support of this proposal which mitigates this issue and limits Aave’s exposure.

[ARFC] Onboard BNBx to Aave V3 BNB Chain

Vote: Yes

Rationale: We are in support of onboarding BNBx into Aave V3 BNB, this is a welcome development as Aave continually adds assets that gives users access to various diverse LST’s across multiple chains.

[TEMP CHECK] Activate and Deploy GHO Safety Module on Arbitrum

Vote: Yes

Rationale: We supporting extending the Aave Protocol’s key shortfall mechanism to Arbitrium, we believe that having participation from the Arbitrium ecosystem would be a valuable addition to the effectiveness of the Safety Module.

April Finance Update Part B

Vote: Yes

Rationale: This proposal will ensure that the Aave DAO is adequately capitalised to meet all of its obligations as they become due, therefore, we are glad to support it.

Gho Steward Update

Vote: Yes

Rationale: By activating the GHO Stewards Permission, we empower risk service providers with the permissions they need to effect necessary changes.

Adjusting Interest Rate Curve for weETH on Arbitrum

Vote: Yes

Rationale: We are in support of adjusting the weETH interest rate on Arbitrium in order to ensure that the Aave DAO is maximising the revenue that it can collect while encouraging users to leverage their weETH as collateral.

Chaos Labs Risk Parameter Updates AaveV3

Vote: Yes

Rationale: We are in support of these risk parameter proposal which increases the capital efficiency for Aave users interacting with the assets listed in this proposal.