[TEMP CHECK] Freeze MAI from Aave

Risk
2

Hello @IncentiveLord and thanks for publishing a proposal.

  1. ARC process has been deprecated, is this proposal a temp check or a ARFC? following governance guidelines a TEMP CHECK for offboarding would be more fit.

  2. Aave is a decentralized & permissionless protocol, an offboarding can’t happen overnight as the protocol can’t (and thxfully) touch user positions, are you advocating for a freeze that will remove the capabilities to have any additional deposits & borrows of this asset? followed by a offboarding plan making deposit unattractive via modified risk parameters and reserveFactor?

  3. MAI is present since a long time on Polygon market, are you targeting MAI in general or only MAI on Arb & optimism?

  4. The ACI is not in favor of this proposal as we’re supportive of stablecoin diversity and do not consider MAI as a particularly risky asset for the protocol. but if this proposal reach support on TEMP CHECK snapshot stage, we will assist with ARFC & AIP stage following our policy to support aave governance.

Disclaimer: I own QI & vQI representing a small portion of my portfolio.