Aave News #69
Aave News #69
Real time monitoring with Forta, Vote in Llama <> Aave and aFEI AIPs & Snapshot for Chaos Labs engagement. Plus meme or remix for Bogota rAAVE tickets.
For any DeFi degens looking to get loose, including: Spotlight 🔦 | Protocol 📰 | Ecosystem 🧉 | Risk 🔎 | Governance ⚖️ | Events 📆 | Hey Anon 👻
// Spotlight: Forta Network 🔦
Real time monitoring to the Aave protocol. Now anyone can subscribe to Forta’s bots and monitor the protocol helping to detect any threats or other issues as soon as possible. Learn more in their blog post.
// Protocol 📰
The autonomous proposal that would change the governance requirements for Level 2 proposals is ready to be triggered, however more votes need to be delegated first!
While the AIP to unwind Aave’s aFEI holding received nearly 100% support, it failed to reach quorum by 8k votes. The AIP has since been reposted - vote if you’re eligible!
// Ecosystem 🧉
Migi shared the September update for Aave Grants including new grantees, total spend and events sponsored in the last month.
Since going live in September there has 322K MaticX by @stader_polygon lent. MaticX is a liquid staked derivative token which accrues 5.7% liquid staking reward and also allows users to use the token in DeFi applications. Check out their #GetPaidToBorrow campaign on Twitter.
// Risk 🔎
In case you haven’t seen it, check out the AAVE V2 Risk Dashboard and Analytics Dashboard developed by Gauntlet. Gauntlet has also launched the AAVE Arc Risk Dashboard. The Gauntlet team is particularly keen on iterating on this dashboard for the community and would love feedback via this Google Form.
For more details on how Gauntlet manages market risk for AAVE, please see Gauntlet’s Parameter Recommendation Methodology and Gauntlet’s Model Methodology.
Risk Parameter Updates:
Details can be found in this AIP
Gauntlet proposed adjusting seven (7) total risk parameters, including Liquidation Threshold and Loan To Value, across four (4) Aave V2 assets. The AIP was implemented on 10/1/2022.
This batch update of risk parameters aligned with the Moderate risk level chosen by the Aave community. These parameter updates were a continuation of Gauntlet’s regular parameter recommendations. Gauntlet’s simulation engine has ingested the latest market data to recalibrate parameters for the Aave protocol.
Risk Parameter Recommendations for KNC:
Details can be found here
Gauntlet provides risk parameter recommendations for the KNC listing in accordance with the Gauntlet Asset Listing Framework.
// Governance ⚖️
See Boardrooms governance summary for the Week of September 26, 2022
On-chain votes:
Llama <> Aave | Governance discussion | 🗳 Vote until October 7th
Ethereum v2 Reserve Factor - aFEI Holding Update | Governance discussion | 🗳 Vote until October 7th
Risk Parameter Updates for Aave V2 (2022-09-22) | Governance discussion | Snapshot | Read more in Risk 🔎 | 1
Snapshot votes:
Aave v3 Ethereum. Approval of path forward | Governance discussion | 🗳 Vote until October 11th
Chaos Labs <> Aave | Governance discussion | 🗳 Vote until October 9th
[ARC] Change Admin role of Optimism and Arbitrum V3 markets | Governance discussion | ✅
// Events 📆
Devcon 🇨🇴 - October 11 – 14
rAAVE 🇨🇴 - October 12
DAS: LONDON 🇬🇧 - October 17 – 18
// Hey Anon 👻
Have you had your say about the future of v3 on mainnet?
