Update GHO Risk Stewards
Simple Summary
Proposal to update the Risk Steward contracts to enhance the Risk Council’s user experience and align the design of the Risk Stewards implementations throughout the Aave Protocol.
Motivation
This proposal seeks to enhance the Aave user experience and align the design of the Risk Stewards implementation across the Aave Protocol.
Specification
This following updates will be executed on Ethereum and Arbitrum:
-
GhoAaveSteward: Remove the max cap of 25% configured by
GHO_BORROW_RATE_MAX. While this limitation was sensible when applied to the Ethereum reserve only, it is not necessary for different instances of GHO when implemented as a regular reserve. Additionally, the Risk Stewards already have limitations and sanity checks in place to restrict capabilities during rates update. See here. -
GhoCcipSteward: Add a missing getter for the timelock state of the CCIP. See here.
The implemented changes do not impact other parts of the GHO implementation.
Security
Certora has reviewed these changes and will also review the AIP when ready.