Aave News #83
Initial Ethereum V3 Assets, AGD Renewal, Chaos Covering V2, New Stani Pods & More.
For anyone who is subscribed on Mirror (now available with email, no wallet required!), including: Spotlight 🔦 | Protocol 📰 | Ecosystem 🧉 | Governance ⚖️ | Events 📆 | Hey Anon 👻
// Spotlight: Aave Ethereum V3 Initial Assets 🔦
Voting is currently live for which of two proposals should be selected and followed to onboard asset to the initial Aave V3 market on Ethereum. Read more about both proposals, one from Chaos Labs and one from Gauntlet in the governance forum. Boardroom also provides an overview.
// Protocol 📰
The AIP for Chaos Labs partnership to cover V2 markets received unanimous support. Read more about ongoing proposal in Governance ⚖️
// Ecosystem 🧉
The Snapshot vote for the fourth Aave Grants DAO (AGD) renewal proposal wrapped up earlier this week with 99.99% of the 527K AAVE votes in favour. This proposal allows AGD to continue driving development, attracting the best contributors, and ensuring Aave's long-term growth by funding talented builders and cultivating Aave's culture. Read the full post on the governance forum for more details.
Listen to the Llama <> Aave 3 Month Update Spaces where they covered their recent work within Aave including that they will be helping write the payload for the Aave Grants Renewal AIP and a change to which stable coins will be included in the proposal.
Warden Finance showcased their simulation feature with an overview of the leveraged long stETH wallet that powers Instadapp’s ETH staking strategy and a stress test scenario.
Analytics platform Defishy rebranded to Anthias 🐟
Check out Stani on the most recent episodes of I Pledge Allegiance discussing Aave’s past, present and future and Fintech and Web3 Founders talking about why the future of DeFi will be social.
// Governance ⚖️ - written by Boardroom
👻 Aave Improvement Proposals:
Risk Parameter Updates for Aave V3 Optimism Market (2022-12-29) (140). This proposal succeeded on January 9th with nearly 100% voting “YAE.” See the discussion here, which includes explanations of differing methodologies regarding risk assessment/management.
Chaos Labs V2 Coverage (139). This proposal succeeded on January 6th with 100% voting “YAE.”
⚡️ Now on Snapshot:
[Updated] Aave Grants DAO Renewal. A proposal to renew AGD for two quarters at $1.625m per quarter. See the engaging discussion here.
Approve pricing approach for WBTC on Aave. This poll ended on January 9th with 79.86% voting to change the pricing model to use WBTC-based feeds.
[ARC] Risk Parameter Updates for Aave V3 Optimism 2022-12-29. This proposal passed on January 2 with 82.58% voting “YAE.”
🗣 Provide your feedback on these active Aave Requests for Comment (ARCs):
Deploy the RMM V2 with the Aave V3 Version. A proposal from RealT, which “aims to democratize and bring real estate tokenization to everyone.”
/ In the Forums
Collaboration framework. @ChaosLabs presents ideas for how Aave risk managers can work together productively.
Avoid quorum failure. @Kene_StableNode advocates for establishing a regular proposal cadence.
Delegate platform updates from FranklinDAO (@PennBlockchain), Flipside Crypto (@quasimatt), @lbsblockchain, and StableNode.
Quick Gov Links: Governance FAQ | Governance Docs | Discord Governance Channel | Snapshot | AIPs | Aave on Boardroom
// Events 📆
ETHforAll Hackathon by Devfolio: February 4th to 19th 💻 - please note the new date!
// Hey Anon 👻
Did you see the December AGD update on the governance forum?