In sum - think this is a really important discussion because of the implications for
- Depositor safety
- AAVE utility
- DAO funding sustainability
- Governance implications
We maintain that the SM should prioritize liquidity and diversifying from AAVE-dependent assets.
Adding complexity and risk to the SM does not seem like a worthwhile trade-off, but thinking about how the DAO can use metagovernance and treasury assets/partnerships to earn revenues is a great thread to continue down.
Thanks to @Llamaxyz for opening the convo and doing a lot of good work and analysis to get the ball rolling. Excited to discuss solutions with the DAO and for the future.