Aave 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 reduced by adding a Base with a Lower Slope1 (4.8% < 5.75%) parameter.

• Wildfire Stance: Wildfire backs this proposal as it utilizes v2 wETH reserve and mitigates the current weekly income decline.

Aave Proposal; [ARFC] Add wstETH to Optimism Aave v3

• The stETH/wETH rewards-maximizing loop on Aave v2 drives wETH borrowing demand, and the wETH reserve yields over $281k in income in January 2023.

• Users can borrow wETH and generate income for Aave by listing wstETH on Optimism.

• Aave outperforms Compound in major lending markets by listing stETH.

• The Aave community is helping replicate the success of the Aave v2 Ethereum Liquidity Pool by listing wstETH on Optimism.

• Wildfire Stance: Wildfire stands with this proposal to Add wstETH to Optimism Aave v3

Aave Proposal; [ARC] Onboard rETH (rocket pool ETH) to Aave V3 Ethereum market

• This ARC presents the community with the opportunity to add rETH to the Ethereum V3 market as a reserve.

• Aave's strategic liquid staking derivative (LSD) assets can repeat stETH's performance in a risk-averse climate with V3 on mainnet's caps and emode.

• Aave can increase Ethereum decentralization, ecosystem variety, and staking by decreasing liquidity concentration to one company.

• Rocket Pool, the second-most liquid LSD asset in the ecosystem, might diversify Aave.

• Wildfire Stance: Wildfire supports this proposal as it positively supports rETH in the Rocket Pool ecosystem.

Element Proposal; Enable the Transferability ELIF

• This proposoal seeks to enable the transferability of ELFI by unlocking the voting vaults where the delegated ELFI tokens are currently locked in.

• Since the ELFI tokens have been locked up for over a year, it should nw be up to the DAO to allow particpatin for all users.

• The contract will be upgraded to allow all staked and delegated ELFI to be withdrawn and transferable

• Wildfire Stance: Wildfire supports this proposal to allow as many supporters of Element to participate in DAO activities.

Bakless Prosposal; Season 7 Seasonal Funding

• This proposal seeks to disburse 12,544,264 and 1,700 USDC in seasonal funding to Department Funding, Guild Funding, and Project Funding.

• Department Funding = 2,337,761 BANK + 1,700 USDC

  • Operations Department = 636,763 BANK

  • Marketing Department = 890,000 BANK

  • Education Department = 435,000 BANK

  • Treasury Department = 375,998 BANK + 1,700 USDC

• Guild Funding = 3,588,003 BANK

  • AV Guild = 373,000 BANK

  • Writers Guild = 993,000 BANK

  • Design Guild = 622,000 BANK

  • Developers Guild = 573,000 BANK

  • Project Management Guild = 470,000 BANK

  • Research Guild = 219,003 BANK

  • Translators Guild = 338,000 BANK

• Project Funding = 6,618,500 BANK

  • Newsletter Team = 1,541,000 BANK

  • Weekly Rollup Recap = 192,000 BANK

  • Bankless Publishing = 320,000 BANK

Aave 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 reduced by adding a Base with a Lower Slope1 (4.8% < 5.75%) parameter.

• Wildfire Stance: Wildfire backs this proposal as it utilizes v2 wETH reserve and mitigates the current weekly income decline.

Aave Proposal; [ARFC] Add wstETH to Optimism Aave v3

• The stETH/wETH rewards-maximizing loop on Aave v2 drives wETH borrowing demand, and the wETH reserve yields over $281k in income in January 2023.

• Users can borrow wETH and generate income for Aave by listing wstETH on Optimism.

• Aave outperforms Compound in major lending markets by listing stETH.

• The Aave community is helping replicate the success of the Aave v2 Ethereum Liquidity Pool by listing wstETH on Optimism.

• Wildfire Stance: Wildfire stands with this proposal to Add wstETH to Optimism Aave v3

Aave Proposal; [ARC] Onboard rETH (rocket pool ETH) to Aave V3 Ethereum market

• This ARC presents the community with the opportunity to add rETH to the Ethereum V3 market as a reserve.

• Aave's strategic liquid staking derivative (LSD) assets can repeat stETH's performance in a risk-averse climate with V3 on mainnet's caps and emode.

• Aave can increase Ethereum decentralization, ecosystem variety, and staking by decreasing liquidity concentration to one company.

• Rocket Pool, the second-most liquid LSD asset in the ecosystem, might diversify Aave.

• Wildfire Stance: Wildfire supports this proposal as it positively supports rETH in the Rocket Pool ecosystem.

Element Proposal; Enable the Transferability ELIF

• This proposoal seeks to enable the transferability of ELFI by unlocking the voting vaults where the delegated ELFI tokens are currently locked in.

• Since the ELFI tokens have been locked up for over a year, it should nw be up to the DAO to allow particpatin for all users.

• The contract will be upgraded to allow all staked and delegated ELFI to be withdrawn and transferable

• Wildfire Stance: Wildfire supports this proposal to allow as many supporters of Element to participate in DAO activities.

Bakless Prosposal; Season 7 Seasonal Funding

• This proposal seeks to disburse 12,544,264 and 1,700 USDC in seasonal funding to Department Funding, Guild Funding, and Project Funding.

• Department Funding = 2,337,761 BANK + 1,700 USDC

  • Operations Department = 636,763 BANK

  • Marketing Department = 890,000 BANK

  • Education Department = 435,000 BANK

  • Treasury Department = 375,998 BANK + 1,700 USDC

• Guild Funding = 3,588,003 BANK

  • AV Guild = 373,000 BANK

  • Writers Guild = 993,000 BANK

  • Design Guild = 622,000 BANK

  • Developers Guild = 573,000 BANK

  • Project Management Guild = 470,000 BANK

  • Research Guild = 219,003 BANK

  • Translators Guild = 338,000 BANK

• Project Funding = 6,618,500 BANK

  • Newsletter Team = 1,541,000 BANK

  • Weekly Rollup Recap = 192,000 BANK

  • Bankless Publishing = 320,000 BANK