Note: Boardroom recently began collaborating with Butter on ongoing delegate activity reporting. We’re excited to be supporting this important initiative.
Butter Delegate Activity Report
Activity: May 17, 2023 - Jun 15, 2023
Where TokenLogic does not provide a reason for any particular vote, we select the relevant Focus Area. Activity and reasons are available on TokenLogic’s delegate platform.
TokenLogic’s Delegate Profiles
Aave Governance | Boardroom | Tally | Snapshot
Activity Summary
Note: We count each time TokenLogic votes/makes a proposal, even if it is the same proposal at different stages (for example, if TokenLogic votes on a proposal at the ARFC stage off-chain, and then votes the same on the same proposal when it comes on-chain, that is counted twice).
Focus Area: Revenue Growth (20)
Growth avenues expected to attract new users, protocol revenue and tailoring of risk parameters supportive of those building on top of Aave Protocol.
Submitted Proposals (10)
| Proposal |
[ARFC] Add rETH to Aave V3 Arbitrum Liquidity Pool |
| Type |
ARFC |
| Vote |
YAE |
| Voting Power |
398 |
| Reason |
With rETH liquidity on Arbitrum growing, we are supportive of adding rETH to Aave v3 with conservative risk parameters. |
| Area of focus |
Revenue Growth |
| Proposal |
MaticX Supply Cap Increase Polygon v3 |
| Type |
AIP |
| Vote |
YAE |
| Voting Power |
398 |
| Reason |
We support the continued safe growth to LSTs across Aave v3 deployments. |
| Area of focus |
Revenue Growth |
| Proposal |
[ARFC] Add LUSD Arbitrum v3 |
| Type |
ARFC |
| Vote |
YAE |
| Voting Power |
398 |
| Reason |
We support the diversification of Aave’s stable coin offering. |
| Area of focus |
Revenue Growth |
Votes (10)
| Proposal |
[TEMP CHECK] - Add support for RPL on Ethereum v3 |
| Type |
TEMP CHECK |
| Vote |
YAE |
| Voting Power |
398 |
| Reason |
We support adding RPL, as we did LDO, and we would like to highlight the extra utility that RPL offers relative to LDO. Hopefully there is strong RPL borrowing demand. |
| Area of focus |
Revenue Growth |
| Proposal |
[ARFC] Activate emode for rETH Aave Ethereum V3 Pool |
| Type |
ARFC |
| Vote |
YAE |
| Voting Power |
398 |
| Reason |
Adding rETH to the ETH mode will enable more structured products to be built on Aave v3, promote diversify and will lead to great wETH being borrowed with generates revenue for Aave. We believe this to be low risk and are looking for https://governance.aave.com/u/bgdlabs to review the oracle used within E-Mode before supporting this proposal at AIP stage of the governance process. |
| Area of focus |
Revenue Growth |
| Proposal |
[TEMP CHECK] - Add support for fUSDC on Ethereum v3 Pool |
| Type |
TEMP CHECK |
| Vote |
YAE |
| Voting Power |
398 |
| Reason |
This represents an exciting growth opportunity for Aave and we welcome further exploration of adding fUSDC as collateral on Aave v3 with conservative risk parameters upon being added. |
| Area of focus |
Revenue Growth |
Focus Area: Aave v3 Features (1)
Initiatives that introduce and extend the v3 design features of Aave Protocol, such as portals, facilitator roles and meta-governance.
Votes (1)
Focus Area: GHO Adoption (1)
Accelerating the transition from a safe/guarded launch to achieving escape velocity via the widespread adoption of GHO across DeFi.
Votes (1)
Unrelated to Focus Areas (15)
Proposals (5)
Note: The following three proposals are multiple parts of the same proposal.
| Proposal |
[ARFC] Migrate Holdings from v2 to v3 and acquire wstETH and rETH |
| Type |
ARFC |
| Vote |
YAE |
| Voting Power |
398 |
| Reason |
We are supportive of Aave DAO holding funds in the safer of the two deployments. We also support Aave DAO holding the most battle test LST and holding these assets outside of the liquidity pools. We would advocate to explore how a portion of these assets could be used in the future to earn additional yield. |
| Area of focus |
None |
Votes (10)
| Proposal |
[ARC] Delegate Code Of Conduct |
| Type |
ARFC |
| Vote |
Good Faith / Integrity, Best Interest, Due Care and Attention, Communication, Professional Knowledge, Conflicts of Interest, Availability, Security Optimization |
| Voting Power |
398 |
| Reason |
None |
| Area of focus |
None |
| Proposal |
AGD Approval |
| Type |
AIP |
| Vote |
YAE |
| Voting Power |
398 |
| Reason |
We are supportive of this corrective USDT payment for AGD. |
| Area of focus |
None |
| Proposal |
[ARFC] Add ENS to Aave V3 Ethereum |
| Type |
ARFC |
| Vote |
YAE |
| Voting Power |
398 |
| Reason |
Similar reasoning to 1inch above. (”We are in support of migrating 1inch from v2 to v3. Adding 1inch to the v3 market is the first step in this journey.”) |
| Area of focus |
None |
| Proposal |
[ARFC] Add 1INCH to Aave V3 Ethereum |
| Type |
ARFC |
| Vote |
YAE |
| Voting Power |
398 |
| Reason |
We are in support of migrating 1inch from v2 to v3. Adding 1inch to the v3 market is the first step in this journey. |
| Area of focus |
None |
3 Likes