Wildfire Gov Update 3/7/23
DeFiAave Proposal; [ARFC] Add BAL Ethereum v3This proposal presents Aave the opportunity to onboard BAL to the Ethereum v3 Liquidity Pool.BAL is valuable for Aave, and earnings from the BAL pool can be used to promote GHO and the new aToken by AaveCompanies.BAL's risk requirements match Gauntlet's initial discussion regarding assets to onboard to v3 Ethereum, and the community may vote on each asset individually before final approval via an on-chain AIP vote.Aave v3 has listed BAL a...
Wildfire Gov Update 3/7/23
DeFiAave Proposal; [ARFC] Add BAL Ethereum v3This proposal presents Aave the opportunity to onboard BAL to the Ethereum v3 Liquidity Pool.BAL is valuable for Aave, and earnings from the BAL pool can be used to promote GHO and the new aToken by AaveCompanies.BAL's risk requirements match Gauntlet's initial discussion regarding assets to onboard to v3 Ethereum, and the community may vote on each asset individually before final approval via an on-chain AIP vote.Aave v3 has listed BAL a...
Wildfire Gov Update 2/8/23
DeFiAave Proposal; Llamaxyz proposes changing Aave v2 Ethereum Liquidity Pool wETH interest rate parameters.This proposal aims to adapt the v2 wETH interest rate curve to the v3 wETH curve to maximize reserve use and somewhat offset the diminishing weekly revenue trend.This proposal would lower the v2 market's Slope1 parameters to 3.8% and add a 1% Base. The borrowing rate at the Upotimal point drops from 5.75% to 4.8% (Base + Slope1).The gradient between 0% < Utilization < Uoptimal is r...
Wildfire Gov Update 2/8/23
DeFiAave Proposal; Llamaxyz proposes changing Aave v2 Ethereum Liquidity Pool wETH interest rate parameters.This proposal aims to adapt the v2 wETH interest rate curve to the v3 wETH curve to maximize reserve use and somewhat offset the diminishing weekly revenue trend.This proposal would lower the v2 market's Slope1 parameters to 3.8% and add a 1% Base. The borrowing rate at the Upotimal point drops from 5.75% to 4.8% (Base + Slope1).The gradient between 0% < Utilization < Uoptimal is r...
Wildfire Gov Update 1/25/23
DeFiAave Proposal; [ARFC] CRV Interest Rate Curve UpgradeA proposal to update the CRV interest rate parameters on the Aave Ethereum v2, Ethereum v3 (when deployed), Polygon v3, and Polygon v2 Liquidity Pools.The Polygon v3 deployment has a 100% CRV Supply Cap, 7.18% borrowing costs, 44.48% utilization, and 45% Uoptimal value.This proposal aims to enhance the CRV Supply Cap on Polygon v3 deployment, improve liquidity pool capital efficiency, and boost CRV reserve revenue.Aave lost money from p...
Wildfire Gov Update 1/25/23
DeFiAave Proposal; [ARFC] CRV Interest Rate Curve UpgradeA proposal to update the CRV interest rate parameters on the Aave Ethereum v2, Ethereum v3 (when deployed), Polygon v3, and Polygon v2 Liquidity Pools.The Polygon v3 deployment has a 100% CRV Supply Cap, 7.18% borrowing costs, 44.48% utilization, and 45% Uoptimal value.This proposal aims to enhance the CRV Supply Cap on Polygon v3 deployment, improve liquidity pool capital efficiency, and boost CRV reserve revenue.Aave lost money from p...
Wildfire Gov Update 1/17/23
DeFiAave Proposal; Authorise the release of Aave <> Chainlink Proof of Reserve for Aave Avalanche.This proposal authorizes BGD to proceed with the release of Aave <> Chainlink Proof of Reserve Phase 1, targeting Aave v2 & v3 Avalanche.The Aave community also authorizes the Aave Guardian to provide protocol rights to the system's smart contracts.The community's security providers (Certora and SigmaPrime) will complete their audits before releasing.Wildfire Stance: Wildfire supports t...
Wildfire Gov Update 1/17/23
DeFiAave Proposal; Authorise the release of Aave <> Chainlink Proof of Reserve for Aave Avalanche.This proposal authorizes BGD to proceed with the release of Aave <> Chainlink Proof of Reserve Phase 1, targeting Aave v2 & v3 Avalanche.The Aave community also authorizes the Aave Guardian to provide protocol rights to the system's smart contracts.The community's security providers (Certora and SigmaPrime) will complete their audits before releasing.Wildfire Stance: Wildfire supports t...
Wildfire Gov Update 12/23/22
DeFiAave Proposal; Authorise the release of Aave <> Chainlink Proof of Reserve for Aave Avalanche.This proposal authorises BGD to proceed with the release of Aave <> Chainlink Proof of Reserve Phase 1, targeting Aave v2 & v3 Avalanche.The Aave community also authorizes the Aave Guardian to provide protocol rights to the system's smart contracts.The community's security providers (Certora and SigmaPrime) will complete their audits before releasing.Wildfire Stance: Wildfire supports t...
Wildfire Gov Update 12/23/22
DeFiAave Proposal; Authorise the release of Aave <> Chainlink Proof of Reserve for Aave Avalanche.This proposal authorises BGD to proceed with the release of Aave <> Chainlink Proof of Reserve Phase 1, targeting Aave v2 & v3 Avalanche.The Aave community also authorizes the Aave Guardian to provide protocol rights to the system's smart contracts.The community's security providers (Certora and SigmaPrime) will complete their audits before releasing.Wildfire Stance: Wildfire supports t...
