CZ vs SBF SummaryIf you’re like me you might have missed some of the details that surround the CZ vs SBF debacle that has turned into Binance signing a Letter of Intent to buy FTX given that it conducts a full due diligence review.On November 2nd a balance sheet for a Hedge Fund called Alemeda Research was leaked by Coindesk.This balance sheet showed assets ($14.6B) > liabilities ($8B) which is a $6.6 billion price tag on the remaining assets.Diving deeper into the balance sheet it turns out ...

CZ vs SBF SummaryIf you’re like me you might have missed some of the details that surround the CZ vs SBF debacle that has turned into Binance signing a Letter of Intent to buy FTX given that it conducts a full due diligence review.On November 2nd a balance sheet for a Hedge Fund called Alemeda Research was leaked by Coindesk.This balance sheet showed assets ($14.6B) > liabilities ($8B) which is a $6.6 billion price tag on the remaining assets.Diving deeper into the balance sheet it turns out ...

DeFiAave Proposal; [ARC] Polygon and Avalanche v2 -> v3 Treasury MigrationThis ARC presents the community with the opportunity to migrate our v2 Collector holdings from Avalanche and Polygon to the v3 Treasury holdings.The proposal will:Redeem all aTokens held in v2 Collector Contracts and deposit the amounts to gain yield.Upgrade v2 aToken to transmit future income to v3 Treasury Contracts.These two activities will transition all current Collector Contract liquidity to v3 and consolidate Tre...

DeFiAave Proposal; [ARC] Polygon and Avalanche v2 -> v3 Treasury MigrationThis ARC presents the community with the opportunity to migrate our v2 Collector holdings from Avalanche and Polygon to the v3 Treasury holdings.The proposal will:Redeem all aTokens held in v2 Collector Contracts and deposit the amounts to gain yield.Upgrade v2 aToken to transmit future income to v3 Treasury Contracts.These two activities will transition all current Collector Contract liquidity to v3 and consolidate Tre...

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...

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...

DeFiAave Proposal; Security and Agility of Aave Smart Contracts via Continuous Formal VerificationThis proposal builds on proposal 6308 to secure Aave-based smart contracts using formal verification and manual code review.Certora has strengthened Aave's security and increased security community interaction in the last six months.We want to boost Aave's security and allow agile product development.This proposal will discuss Certora and formal verification, our progress in the past si...

DeFiAave Proposal; Security and Agility of Aave Smart Contracts via Continuous Formal VerificationThis proposal builds on proposal 6308 to secure Aave-based smart contracts using formal verification and manual code review.Certora has strengthened Aave's security and increased security community interaction in the last six months.We want to boost Aave's security and allow agile product development.This proposal will discuss Certora and formal verification, our progress in the past si...

DeFiAave Proposal; Risk Parameter Updates for Aave v2 Ethereum (USDC LT and LTV)A proposal to adjust 2 total risk parameters, including Liquidation Threshold (LT) and Loan-To-Value (LTV) for USDC on Aave V2 Ethereum.By disabling borrow or freeze throughout v2 markets, AAVE community has reduced risk across numerous highly volatile assets.This proposal prioritizes protocol security and risk mitigation over market optimization.This ARC has two goals:Reduce Liquidation Thresholds and raise Aave ...

DeFiAave Proposal; Risk Parameter Updates for Aave v2 Ethereum (USDC LT and LTV)A proposal to adjust 2 total risk parameters, including Liquidation Threshold (LT) and Loan-To-Value (LTV) for USDC on Aave V2 Ethereum.By disabling borrow or freeze throughout v2 markets, AAVE community has reduced risk across numerous highly volatile assets.This proposal prioritizes protocol security and risk mitigation over market optimization.This ARC has two goals:Reduce Liquidation Thresholds and raise Aave ...

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%

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%

DeFiAave Proposal; [Temp Check] Add Support for cbETH for Aave V3This proposal is to add Coinbase Wrapped Staked ETH (cbETH) to the Aave protocol on Ethereum mainnet.Demand for liquid-staked ETH loans is high. Liquid-staked assets like cbETH are efficient collateral with rising profitability.With mature volumes, cbETH integration would allow Coinbase ETH stakers to borrow against their locked holdings while still earning rewards.Retail consumers that discover Aave through Coinbase and own the...

DeFiAave Proposal; [Temp Check] Add Support for cbETH for Aave V3This proposal is to add Coinbase Wrapped Staked ETH (cbETH) to the Aave protocol on Ethereum mainnet.Demand for liquid-staked ETH loans is high. Liquid-staked assets like cbETH are efficient collateral with rising profitability.With mature volumes, cbETH integration would allow Coinbase ETH stakers to borrow against their locked holdings while still earning rewards.Retail consumers that discover Aave through Coinbase and own the...

Selection of an ENS endowment fund managerSummary of Proposal:Over the past few weeks, eight submissions have been submitted for the proposal of the management of the ENS Endowment fund.“The Endowment's goal is to ensure the long-term viability of ENS by ensuring it can meet its ongoing financial obligations even in the face of reduced ETH price and registration/renewal revenue.”Out of these eight submissions, the snapshot was dwindled down to four options:AvantgardeKarpatkeyLlamaNone of...

Selection of an ENS endowment fund managerSummary of Proposal:Over the past few weeks, eight submissions have been submitted for the proposal of the management of the ENS Endowment fund.“The Endowment's goal is to ensure the long-term viability of ENS by ensuring it can meet its ongoing financial obligations even in the face of reduced ETH price and registration/renewal revenue.”Out of these eight submissions, the snapshot was dwindled down to four options:AvantgardeKarpatkeyLlamaNone of...

DeFiAave Proposal; [ARC] - Add support for BADGER on Aave V3This proposal presents the Aave community with the opportunity to onboard BADGER onto the Aave v3 Ethereum Liquidity Pool.Badger is a DAO that builds products and infrastructure to advance Bitcoin in Decentralized Finance across various blockchains.The BADGER governance token boosts user returns when funds are placed into Sett Vaults.Aave may capitalize on the first mover advantage by allowing users to deposit BADGER as collateral or...

DeFiAave Proposal; [ARC] - Add support for BADGER on Aave V3This proposal presents the Aave community with the opportunity to onboard BADGER onto the Aave v3 Ethereum Liquidity Pool.Badger is a DAO that builds products and infrastructure to advance Bitcoin in Decentralized Finance across various blockchains.The BADGER governance token boosts user returns when funds are placed into Sett Vaults.Aave may capitalize on the first mover advantage by allowing users to deposit BADGER as collateral or...

DeFiAave Proposal; BGD. Aave IPFS UI. Improving state managementBlockchain front-end apps like Aave IPFS are unique in the JS environment, so we are working on describing specific difficulties and finding solutions to make it performant and simpler to maintain.Although using React best practices, the present Aave IPFS user interface has flaws.Its heavy use of context makes separating visual and business logic difficult.Business logic is mainly in the context's provider files, making file...

DeFiAave Proposal; BGD. Aave IPFS UI. Improving state managementBlockchain front-end apps like Aave IPFS are unique in the JS environment, so we are working on describing specific difficulties and finding solutions to make it performant and simpler to maintain.Although using React best practices, the present Aave IPFS user interface has flaws.Its heavy use of context makes separating visual and business logic difficult.Business logic is mainly in the context's provider files, making file...

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...

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...

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...

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...