<?xml version="1.0" encoding="utf-8"?>
<rss version="2.0" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:content="http://purl.org/rss/1.0/modules/content/">
    <channel>
        <title>Boardroom</title>
        <link>https://updates.boardroom.io</link>
        <description>A weekly resource covering crypto governance, politics, and power.</description>
        <lastBuildDate>Wed, 22 Apr 2026 22:03:43 GMT</lastBuildDate>
        <docs>https://validator.w3.org/feed/docs/rss2.html</docs>
        <generator>https://github.com/jpmonette/feed</generator>
        <language>en</language>
        <image>
            <title>Boardroom</title>
            <url>https://storage.googleapis.com/papyrus_images/d1c3c139f1c07a7d660fbe44ced3ef44</url>
            <link>https://updates.boardroom.io</link>
        </image>
        <copyright>All rights reserved</copyright>
        <item>
            <title><![CDATA[Aave Weekly Update - July 10, 2023]]></title>
            <link>https://updates.boardroom.io/aave-weekly-update-july-10,-2023</link>
            <guid>QPj7UbcvDRw7fmJ7WdjR</guid>
            <pubDate>Mon, 10 Jul 2023 18:01:23 GMT</pubDate>
            <description><![CDATA[Weekly Update - July 10, 2023Welcome to the Aave Weekly Update, your guide to what's happening in Aave governance. ⌛ Key Points Over the past week, Aa...]]></description>
            <content:encoded><![CDATA[<h2 style="text-align: center">Weekly Update - July 10, 2023</h2><p style="text-align: center"><em>Welcome to the Aave Weekly Update, your guide to what's happening in Aave governance. </em></p><h3>⌛ Key Points </h3><ul><li><p>Over the past week, Aave passed 7 AIPs, 4 ARFCs, and 3 Temp Checks. </p></li><li><p>Several proposals are currently in discussion and expected to be introduced in the coming days. </p></li></ul><hr><h3>🗳️ Proposals</h3><p><strong>Aave Improvement Proposals</strong></p><ul><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjI2MQ==">Treasury Management - Acquire wstETH &amp; rETH</a> - Passed (July 7, 2023)</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjI2Mg==">Price feeds operational update Pt2.5 - wstETH</a> - Passed (July 7, 2023)</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjI2Mw==">Gas Rebate for Recognized Delegates</a> - Passed (July 7, 2023)</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjI2NA==">Chaos Labs Risk Parameter Update - CRV Aave V3 Polygon</a> - Passed (July 8, 2023)</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjI2NQ==">Chaos Labs - Increase wstETH Supply Cap on V3 Arbitrum</a> - Passed (July 9, 2023)</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjI2Ng==">Ethereum v2 - Parameters Update</a> - Passed (July 9, 2023)</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjI2Nw==">Treasury Management - Acquire B-80BAL-20WETH</a> - Passed (July 9, 2023)</p></li></ul><p><strong>On Snapshot</strong></p><ul><li><p>[ARFC] <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://snapshot.org/#/aave.eth/proposal/0x86c62a31e321ecb4118bc000820a6ea989f0f592c2f03f904541247333ab3166">Framework for ARFC and TEMP CHECK Proposals</a> - Passed (July 6, 2023)</p></li><li><p>[ARFC] <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://snapshot.org/#/aave.eth/proposal/0x6cee22e2a5651aa003e3dda2ada5dcd91478b5b8372c5b6a4a15498a30202e31">Gauntlet Risk Parameter Updates for Ethereum v3, Arbitrum v3, Ethereum v2</a> - Passed (July 7, 2023)</p></li><li><p>[ARFC] <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://snapshot.org/#/aave.eth/proposal/0xb112684943ef900f2918ccbc4de3bb3091869eaeb6b3c15cc26805c17cb6a9f6">Add rETH Aave v3 Optimism</a> - Passed (July 8, 2023)</p></li><li><p>[ARFC] <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://snapshot.org/#/aave.eth/proposal/0x1751d8de3c549ee99fbc9c1286d9575c482c3e639500dcc027455c8742d48bc9">Add GMX to Arbitrum v3</a> - Passed (July 8, 2023)</p></li><li><p>[TEMP CHECK] <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://snapshot.org/#/aave.eth/proposal/0xc0de9efdc4f3449a48e5a445c93dab2f3aad6fb01d0176b2f0b5ed65fd316665">Aave V3 Deployment on Linea Testnet</a> - Passed (July 9, 2023)</p></li><li><p>[TEMP CHECK] <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://snapshot.org/#/aave.eth/proposal/0xb7f2a599086e7d0fdfde085f5760b15c9980ca0dfa05c4b3432e2ae9aecd5487">Safety Module Upgrade Part IV - Incentives Management Upgrade</a> - Passed (July 9, 2023)</p></li><li><p>[TEMP CHECK] <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://snapshot.org/#/aave.eth/proposal/0xe77196bd23ce671930811755d59ae9a285c9e00909b8857181bc327640c049e3">Safety Module Upgrade Part V - veToken Holding</a> - Passed (July 9, 2023)</p></li></ul><p><strong>In discussion</strong></p><ul><li><p>[ARFC] <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arfc-gauntlet-supply-cap-updates-for-ethereum-v3-optimism-v3-2023-07-05/13917">Gauntlet Supply Cap Updates for Ethereum v3, Optimism v3</a></p></li><li><p>[ARFC] <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arfc-gauntlet-borrow-cap-updates-for-crv-on-ethereum-v3-2023-07-06/13918/1">Gauntlet Borrow Cap Updates for CRV on Ethereum v3</a></p></li><li><p>[ARFC] <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arfc-direct-to-aip-framework/13913">Direct-to-AIP Framework</a></p></li><li><p>[ARFC] <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out fancy-title" href="https://governance.aave.com/t/arfc-set-metis-foundation-wallet-as-emission-manager-for-metis-token-on-aave-v3-metis-pool/13912">Set Metis Foundation Wallet as Emission Manager for METIS Token on Aave V3 Metis Pool</a></p></li><li><p>[TEMP CHECK] <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out fancy-title" href="https://governance.aave.com/t/temp-check-gho-stability-module/13927">GHO Stability Module</a></p></li><li><p>[ARFC] <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out fancy-title" href="https://governance.aave.com/t/arfc-polygon-supply-cap-update-07-07-2023/13928">Polygon Supply Cap Update</a></p></li><li><p>[ARFC] <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out fancy-title" href="https://governance.aave.com/t/arfc-gho-steward-agile-parameter-changes/13922">GHO Steward: Agile Parameter Changes</a></p></li><li><p>[TEMP CHECK] <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out fancy-title" href="https://governance.aave.com/t/temp-check-treasury-management-introducing-strategicassetmanager/13916">Treasury Management - Introducing StrategicAssetManager</a></p></li><li><p>[ARFC] <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out fancy-title" href="https://governance.aave.com/t/arfc-chaos-labs-risk-stewards-increase-supply-caps-weth-and-crv-on-v3-polygon/13953">Chaos Labs Risk Stewards - Increase Supply Caps WETH and CRV on V3 Polygon</a></p></li></ul><h3>✍️ Forum Highlights</h3><ul><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arfc-aave-v3-deployment-on-bnb-chain/12609/23?u=boardroom">Gauntlet affirmed</a> their parameter recommendations for deploying Aave v3 on BNB chain. </p></li><li><p>Community members <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arfc-private-voting-for-aave-governance-2-month-trial/12730/26?u=boardroom">continued to discuss</a> Aave private voting. </p></li><li><p>LBS Blockchain, Michigan Blockchain, Chaos Labs, and Gauntlet <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://governance.aave.com/t/arfc-chaos-labs-risk-stewards-increase-supply-caps-wsteth-arbitrum-and-ethereum/13735/6?u=boardroom">discussed</a> the supply cap for wstETH on Ethereum and Arbitrum. </p></li></ul><hr><h3>🔮 Upcoming Votes</h3><ul><li><p>There are no proposals in the queue. </p></li></ul><hr><p style="text-align: center"><em>Thank you for reading the Aave Weekly Update. </em></p><p><strong>Quick Gov Links</strong>: <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://docs.aave.com/faq/governance">Governance FAQ</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://docs.aave.com/developers/guides/governance-guide">Governance Docs</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://discord.com/channels/602826299974877205/605528212239286312">Discord Governance Channel</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://snapshot.org/#/aave.eth">Snapshot</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://app.aave.com/governance/">AIPs</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://boardroom.io/aave/overview">Aave on Boardroom</a></p><p></p>]]></content:encoded>
            <author>boardroom@newsletter.paragraph.com (Boardroom)</author>
        </item>
        <item>
            <title><![CDATA[Compound Weekly Update - July 3, 2023]]></title>
            <link>https://updates.boardroom.io/compound-weekly-update-july-3,-2023</link>
            <guid>D0wGxR7ur43XDVinuFOZ</guid>
            <pubDate>Mon, 03 Jul 2023 21:43:14 GMT</pubDate>
            <description><![CDATA[Weekly Update - July 3, 2023Welcome to the Compound Weekly Update, your guide to what's happening in Compound governance. ⌛ Key Points OpenZeppelin's ...]]></description>
            <content:encoded><![CDATA[<h2 style="text-align: center">Weekly Update - July 3, 2023</h2><p style="text-align: center"><em>Welcome to the Compound Weekly Update, your guide to what's happening in Compound governance. </em></p><hr><h3>⌛ Key Points </h3><ul><li><p>OpenZeppelin's compensation proposal passed after barely reaching quorum. Gauntlet's proposal on Phase 4 of the v2 to v3 migration failed to reach quorum. </p></li><li><p>An <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://www.comp.xyz/t/proposal-real-world-asset-rwa-asset-markets-on-compound/4419">interesting discussion</a> on "real world assets" continues in the forum. </p></li></ul><hr><h3>🗳️ Proposals</h3><ul><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/compound/proposal/cHJvcG9zYWw6Y29tcG91bmQ6b25jaGFpbjoxNjY=">Compound V2-&gt;V3 Migration Proposal Phase 4</a></p><ul><li><p><em>Summary</em>: A proposal to implement Phase 4 of Compound v2 to v3 migration, led by Gauntlet, by decreasing v2 rewards and increasing v2 USDC reserve factor. </p></li><li><p><em>Proposer</em>: 0x7B3c54e17d618CC94daDFe7671c1e2F50C4Ecc33 (Gauntlet) </p></li><li><p><em>Status</em>: Closed after failing to meet quorum. </p></li></ul></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://boardroom.io/compound/proposal/cHJvcG9zYWw6Y29tcG91bmQ6b25jaGFpbjoxNjU=">OpenZeppelin Security Partnership - 2023 Q3 Compensation</a></p><ul><li><p><em>Summary</em>: A proposal to approve OpenZeppelin's compensation for the third quarter of 2023. Based on last week's average price of $29.31 per COMP, the total quarterly payment will be 34,118 COMP, equal to $1M, per the original agreement dating back to December 21, 2021. </p></li><li><p><em>Proposer</em>: <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://boardroom.io/voter/0xeC405bcD169633C0D8EDc8ef869E164e42b9ec1E">0xeC405bcD169633C0D8EDc8ef869E164e42b9ec1E</a> </p></li><li><p><em>Status</em>: Passed on June 29, 2023. </p></li></ul></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://boardroom.io/compound/proposal/cHJvcG9zYWw6Y29tcG91bmQ6b25jaGFpbjoxNjQ=">Top-up COMP Rewards on Compound V3 mainnet contract</a></p><ul><li><p><em>Summary</em>: A proposal to replenish the supply of COMP used for rewards to users of Compound v3 on mainnet. The proposal would transfer 78,015 COMP from the Comptroller to the Rewards contract, corresponding to 150 days of rewards. </p></li><li><p><em>Proposer</em>: <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://boardroom.io/voter/0x683a4F9915D6216f73d6Df50151725036bD26C02">gauntletgov.eth</a></p></li><li><p><em>Status</em>: Passed on June 27, 2023. </p></li></ul></li></ul><h3>✍️ Forum Highlights</h3><ul><li><p>Community member <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out " href="https://www.comp.xyz/u/kallolborah">kallolborah</a>'s thread in the forum about <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://www.comp.xyz/t/proposal-real-world-asset-rwa-asset-markets-on-compound/4419">real world assets</a> has yielded an interesting discussion about the potential of adding RWA's as collateral on Compound. Kallolborah and collaboraters plan to build a "Comet extension for RWA Markets." </p></li></ul><h3>📰 Stakeholder News</h3><ul><li><p>HKUST EPI Labs updated their <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://www.comp.xyz/t/hkust-epi-labs-blockchain-delegate-platform/3959/21?u=boardroom">delegate platform</a>. </p></li><li><p>Tolga <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://www.comp.xyz/t/awesome-compound/4174/7?u=boardroom">shared progress</a> on their grant for Awesome Compound, including a demo. </p></li></ul><h3>📞 Developer Community Call Summary </h3><p>Compound's most recent Developer Community Call was Wednesday, June 28, 2023. <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://drive.google.com/file/d/19xkIGvl7xE5PbiYDfz4FrzSoifAUhFnj/view">Click here to listen to the recording</a>. Here's what was discussed:</p><ul><li><p>Harsha from Compound Grants shared an <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://www.comp.xyz/t/cgp-2-0-delegated-domain-allocation-by-questbook/3352/82?u=boardroom">update with the community</a>. The deadline for grants to be included in CGP 2.0 was June 30th. He advised that there are a number applications currently under review given the recent hackathon and the approaching deadline; answers about outstanding applications may take up to two weeks. Harsha also announced that (1) there will be a demo day for all projects that have received grants, more information to come and (2) CGP will be returning all unallocated funds to the treasury. </p></li><li><p>AlltheColors from Compound Grants along with Adam from Compound Labs reported on the team’s experience participating at ETHGlobal Waterloo. The next event is in September in New York. </p></li><li><p>Michael and Jared OpenZeppelin provided a work review of their last quarter, which included three audits, two security assessments, and the security solution for pause guardian multisig, with three more audits planned in the backlog. They also drew attention to OZ’s then active proposal to approve their compensation, which has since passed. </p></li><li><p>Tyler from Boardroom gave an overview of the last two weeks in Compound governance including past, live, and upcoming proposals.</p></li><li><p>Delcan and Marco from Consensys joined the call to discuss Linea, Consensys’s zkEVM Layer 2, and engage with the community on plans to deploy Compound in the new ecosystem. </p></li><li><p>Adam from Compound Labs brought up a handful of strategic, general questions for the community; including issues with Compound’s Arbitrum deployment in light of Circle’s changes to USDC on the network as well as the ongoing thread in the forum about <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://www.comp.xyz/t/proposal-real-world-asset-rwa-asset-markets-on-compound/4419/5">real world assets</a> on Compound. </p></li></ul><h3>📅 Upcoming Events</h3><ul><li><p>The next Compound Developer Community Call will be on July __, 2023 at 12pm ET <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out" href="https://discord.gg/YvZcjHqv?event=1075863462560931891">in the Compound Discord</a>. </p></li></ul><h3>🔮 Upcoming Votes</h3><ul><li><p>There are no upcoming votes in the queue. </p></li></ul><hr><p style="text-align: center"><em>Thank you for reading the Compound Weekly Governance Update. </em></p><p style="text-align: center"><em> </em><strong>Quick Gov Links</strong>: <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out" href="https://compound.finance/governance">Governance Overview</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out" href="https://docs.compound.finance/governance/">Governance Docs</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out" href="https://boardroom.io/compound/overview">Compound on Boardroom</a></p><p></p>]]></content:encoded>
            <author>boardroom@newsletter.paragraph.com (Boardroom)</author>
            <category>compound</category>
            <category>weekly update</category>
        </item>
        <item>
            <title><![CDATA[Aave Weekly Update - July 3, 2023]]></title>
            <link>https://updates.boardroom.io/aave-weekly-update-july-3,-2023</link>
            <guid>bbD1bUoiJfS3FbvzH3PS</guid>
            <pubDate>Mon, 03 Jul 2023 20:36:46 GMT</pubDate>
            <description><![CDATA[Weekly Update - July 3, 2023Welcome to the Aave Weekly Update, your guide to what's happening in Aave governance. ⌛ Key Points Voting is currently liv...]]></description>
            <content:encoded><![CDATA[<h2 style="text-align: center">Weekly Update - July 3, 2023</h2><p style="text-align: center"><em>Welcome to the Aave Weekly Update, your guide to what's happening in Aave governance. </em></p><h3>⌛ Key Points </h3><ul><li><p>Voting is currently live on an important meta-governance proposal: <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpzbmFwc2hvdDoweDg2YzYyYTMxZTMyMWVjYjQxMThiYzAwMDgyMGE2ZWE5ODlmMGY1OTJjMmYwM2Y5MDQ1NDEyNDczMzNhYjMxNjY=">[ARFC] Framework for ARFC and TEMP CHECK Proposals</a>. </p></li><li><p>Last week, Aave passed 7 AIPs, 8 ARFCs, and 3 Temp Checks.</p></li></ul><hr><h3>🗳️ Recent Proposals</h3><p><strong>Aave Improvement Proposals</strong></p><ul><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjI2MA==">Add FRAX Arbitrum Aave v3</a> -  Passed (July 3, 2023)</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjI2MA==">Add FRAX Ethereum Aave v3</a> - Passed (July 2, 2023)</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjI1Nw==">Optimism - Create ETH eMode Category</a> - Passed (July 2, 2023)</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjI1Ng==">Lower TUSD LT and LTV on Aave V2</a> - Passed (July 2, 2023)</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjI1NQ==">Chaos Labs Risk Parameter Updates - CRV Aave V2 Ethereum</a> - Passed (July 2, 2023)</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjI1NA==">Chaos Labs - Payment Collection Request</a> - Passed (July 2, 2023)</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjI1Mw==">Freeze TUSD Reserve on Aave V2 Ethereum</a> - Passed (July 2, 2023) </p></li></ul><p><strong>On Snapshot</strong></p><ul><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpzbmFwc2hvdDoweDg2YzYyYTMxZTMyMWVjYjQxMThiYzAwMDgyMGE2ZWE5ODlmMGY1OTJjMmYwM2Y5MDQ1NDEyNDczMzNhYjMxNjY=">[ARFC] Framework for ARFC and TEMP CHECK Proposals</a> - <strong>Voting live</strong>, ends July 6, 2023 at 4:47 am ET. </p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://snapshot.org/#/aave.eth/proposal/0x763f55d7bc54c4e9699262d44522d16f789d14447815c344a977f0db5f90318b">[ARFC] Aave Robot v1 activation</a> - Passed (July 2, 2023)</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://snapshot.org/#/aave.eth/proposal/0xff11b348c1e8df41555d7579c7785942378bcf09ff1d9ca97af1d86b2b124beb">[ARFC] Gas Rebate for Recognized Delegates</a> - Passed (July 2, 2023)</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://snapshot.org/#/aave.eth/proposal/0x2d7bf95ae2f77992afdc1d507d31ff71bff89022e579e3bb2d01b770b77c0d2b">[ARFC] Chaos Labs Risk Parameter Updates - Aave V2 Ethereum - 2023.6.23</a> - Passed (July 2, 2023)</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://snapshot.org/#/aave.eth/proposal/0xe6fbf8d933858a15ddb4ae6101ccaec3e16d01c8e9172fc2aa8a51972ec67837">[ARFC] Chaos Labs Risk Parameter Updates - FEI on Aave V2 Ethereum - 2023.6.22</a> - Passed (July 2, 2023)</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://snapshot.org/#/aave.eth/proposal/0x60960da6c27d781aaa1bd4350539ef54e3c5f39e8c58b2177ac94d6baec77307">[TEMP CHECK] Allocating part of GHO Revenue to Safety Incentives</a> - Passed (July 2, 2023)</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://snapshot.org/#/aave.eth/proposal/0x67fa551993a94b801018d02154f3d4f27e29bea51fe6e862686de6bf9ee650af">[TEMP CHECK] GHO Stewards: Agile Parameter Changes</a> - Passed (July 1, 2023)</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://snapshot.org/#/aave.eth/proposal/0x7c58acf30b501d4b54aa5591a983e83e7e6d65d2fc845bcd923ef08a3ef3d251">[TEMP CHECK] Integrating MakerDAO's DSR into Aave V3 Ethereum Pool</a> - Passed (June 30, 2023)</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://snapshot.org/#/aave.eth/proposal/0x3690a2555731c402ac5dbcd225bdbc64f0bd11991d4d391d2682eb77b5dfa2a6">[ARFC] USDT Risk Parameters Update Aave V3 ETH Pool</a> - Passed (June 30, 2023)</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://snapshot.org/#/aave.eth/proposal/0x0b04533e8d9ab0f259bd19874ef5b66008a53f55313116cc054e0aa705fa01b6">[ARFC] Chaos Labs Risk Parameter Update - CRV Aave V3 Polygon - 2023.06.20</a> - Passed (June 30, 2023)</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://snapshot.org/#/aave.eth/proposal/0x5c1fcbd2561751d899feee2fd2dde9e5d6aa61bd1fcd6ee7c410e19595e3c1f7">[ARFC] Chaos Labs - Incremental Reserve Factor Updates - Aave V2 Ethereum</a> - Passed (June 30, 2023)</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://snapshot.org/#/aave.eth/proposal/0x6f70e60abd398e1ff04ff6a78cd313b69d47df84e42b790c14c273dc5ab31674">[ARFC] Bug bounties proposal</a> - Passed (June 27, 2023)</p></li></ul><p><strong>In discussion</strong></p><ul><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arfc-gho-mainnet-launch/13574">[ARFC] GHO Mainnet Launch</a></p></li></ul><h3>✍️ Forum Highlights</h3><ul><li><p>Llama shared its <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://May 2023 Financial Report">May 2023 Financial Report</a> and its <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://governance.aave.com/t/llama-month-9-update/13896">Month 9 Update</a>, a progress report on Llama's ongoing work for Aave. </p></li><li><p>Chaos Labs shared its <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/chaos-labs-monthly-community-update/11174/7?u=boardroom">monthly community update</a>. </p></li><li><p>Boardroom provided the latest <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/temp-check-incentivized-delegate-campaign-3-month/11732/18?u=boardroom">Butter Delegate Activity Report</a> on TokenLogic. </p></li></ul><h3>📰 Stakeholder News</h3><ul><li><p>HKUST updated its <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/hkust-blockchain-delegate-platform/12125/24?u=boardroom">delegate platform</a>. </p></li><li><p>LBS Blockchain updated its <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/lbs-blockchain-society-delegate-platform/10254/340?u=boardroom">delegate platform</a>. </p></li></ul><hr><h3>🔮 Upcoming Votes</h3><ul><li><p><strong>[AIP] </strong><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjI2MQ==">Treasury Managemet - Acquire wstETH &amp; rETH</a> - Voting begins July 4, 2023 at 11:53am ET</p></li><li><p><strong>[AIP]</strong> <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjI2Mg==">Price feeds operational update Pt2.5 - wstETH</a> - Voting begins July 4, 2023 at 12:23pm ET</p></li></ul><hr><p style="text-align: center"><em>Thank you for reading the Aave Weekly Update. </em></p><p><strong>Quick Gov Links</strong>: <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://docs.aave.com/faq/governance">Governance FAQ</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://docs.aave.com/developers/guides/governance-guide">Governance Docs</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://discord.com/channels/602826299974877205/605528212239286312">Discord Governance Channel</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://snapshot.org/#/aave.eth">Snapshot</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://app.aave.com/governance/">AIPs</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://boardroom.io/aave/overview">Aave on Boardroom</a></p>]]></content:encoded>
            <author>boardroom@newsletter.paragraph.com (Boardroom)</author>
            <category>aave</category>
            <category>weekly update</category>
        </item>
        <item>
            <title><![CDATA[Optimism Weekly Update]]></title>
            <link>https://updates.boardroom.io/optimism-weekly-update</link>
            <guid>D2WwdVjo33NOAWlrjsfT</guid>
            <pubDate>Mon, 26 Jun 2023 20:21:35 GMT</pubDate>
            <description><![CDATA[⌛ Key PointsAll Mission proposals have been submitted. You can see the roundup to get a sense of their breadth and depth. Some proposals are being vig...]]></description>
            <content:encoded><![CDATA[<h3>⌛ Key Points</h3><ol><li><p>All <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.optimism.io/c/intents-and-missions/63">Mission proposals</a> have been submitted. You can see <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.optimism.io/t/mission-roundup/6206">the roundup</a> to get a sense of their breadth and depth. Some proposals are being vigorously discussed.</p></li><li><p>Mission proposals must receive approvals from four delegates with &gt;0.25% of votable supply by June 28th at 19:00&nbsp;to be eligible to move to the voting period beginning on June 29th.</p></li><li><p>There are two <strong>Mission pitching sessions</strong> scheduled: Monday, 26.06 2pm ET / 6pm GMT / 8pm CET and Tuesday, 27.06 11am ET / 3pm GMT / 5pm CET. <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://docs.google.com/spreadsheets/d/1DH_rVTT1Uk33DTYQW5vnr_Phe_H-S3NglN_5PBWRI0g/edit?pli=1#gid=0"><strong>Sign up here</strong></a><strong> to pitch your alliance’s mission to delegates.</strong></p></li><li><p>Here’s an excellent <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.optimism.io/t/how-to-vote-on-mission-proposals/6203">primer on how to vote</a> on Mission proposals, which will be approval ranked based on the number of “yes” votes.</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://github.com/orgs/ethereum-optimism/projects/31/views/1">Foundation Missions</a> should be applied for by June 28th (except as noted parenthetically below).</p></li></ol><h3>🗳️ Recent Proposals</h3><p><strong>Mission Proposals</strong>:</p><ul><li><p>Take a look at <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.optimism.io/c/intents-and-missions/63">the category</a> and check out the 52 proposals.</p></li></ul><p><strong>Foundation Missions</strong> (RFPs):</p><ul><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://github.com/orgs/ethereum-optimism/projects/31/views/1?pane=issue&amp;itemId=31218562">Remote Static Call Proof of Concept</a> (July 18)</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://github.com/ethereum-optimism/ecosystem-contributions/issues/75">L2 to L1 Message Relayer</a> (July 11)</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://github.com/ethereum-optimism/ecosystem-contributions/issues/61">Op Stack Zero Knowledge Proof</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://github.com/ethereum-optimism/ecosystem-contributions/issues/60">Dynamic Delegate Attestations</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://github.com/ethereum-optimism/ecosystem-contributions/issues/1">Collective Archive Maintenance</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://github.com/ethereum-optimism/ecosystem-contributions/issues/2">Code of Conduct Enforcement Solution</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://github.com/ethereum-optimism/ecosystem-contributions/issues/63">Leader Election Proof of Concept</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://github.com/ethereum-optimism/ecosystem-contributions/issues/64">Governor v2 Contract</a></p></li></ul><h3>✍️ Forum Highlights</h3><ul><li><p>@Gonna <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.optimism.io/t/1st-citizens-house-community-call-june-27th-10am-pt-1pm-et-7pm-cet/6205">notes</a> that the first Citizens’ House community call will be on June 27, 10am PT / 1pm ET / 7pm CET, on <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://us06web.zoom.us/j/85406105837?pwd=U2pnUEJ6ZG1KaXhCeTQxaW1JVnJDQT09">Zoom</a>.</p></li><li><p>Does the Optimism Collective need a <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.optimism.io/t/the-need-for-a-meta-constitution-and-why-token-based-voting-cannot-deliver-the-optimistic-vision/6213">meta-constitution</a>?</p></li></ul><h3>📰 Stakeholder News</h3><ul><li><p>RetroPGF <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://twitter.com/optimismFND/status/1671556024833114115?s=20">Round 3!</a> To begin in the fall of this year.</p></li><li><p>Here's he <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://twitter.com/optimismFND/status/1670850417616470016?s=20">first in a series</a> of threads drawing from <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://twitter.com/lalalavendr">@lalalavendr</a>’s research “into the history of DAOs and their policies, programs, and processes.”</p></li><li><p>This <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://twitter.com/optimismFND/status/1672354014204157954?s=20">week in Optimism</a></p></li></ul><h3><strong>📅 Upcoming Events</strong></h3><p>The next community <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://gov.optimism.io/t/23rd-op-community-call-will-be-thursday-july-6th-2023-at-1pm-est-7pm-cest/6204">Governance Call</a> will be on <strong>THURSDAY</strong>, July 6, 10am PT / 1pm ET / 7pm CET, on Zoom.</p><h3>🔮 Upcoming Votes</h3><p>Qualifying mission proposals will be up for Token House voting beginning on June 29th and extending through July 12th. Be sure to consult the <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out" href="https://calendar.google.com/calendar/embed?src=c_fnmtguh6noo6qgbni2gperid4k%40group.calendar.google.com&amp;ctz=America%2FNew_York">Governance Calendar</a>.</p><hr><p style="text-align: center"><em>Thank you for reading the Optimism Weekly Update.</em></p><p style="text-align: center"><strong>Quick Gov Links</strong>: <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out" href="https://gov.optimism.io/t/working-constitution-of-the-optimism-collective/55">Working Constitution</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out" href="https://gov.optimism.io/t/operating-manual-v0-3-5-the-token-house-and-citizens-house/5868">Operating Manual v0.3. 5</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out" href="https://vote.optimism.io/">Voting Portal</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out" href="https://boardroom.io/optimism/overview">Optimism on Boardroom</a></p>]]></content:encoded>
            <author>boardroom@newsletter.paragraph.com (Boardroom)</author>
            <category>optimism</category>
            <category>weekly update</category>
        </item>
        <item>
            <title><![CDATA[Aave Weekly Update - June 26, 2023]]></title>
            <link>https://updates.boardroom.io/aave-weekly-update-june-26,-2023</link>
            <guid>XsRtwwHyGzUM0N22H7dK</guid>
            <pubDate>Mon, 26 Jun 2023 20:21:01 GMT</pubDate>
            <description><![CDATA[⌛ Key Points The discussion following the posting of the Aave | Flipside temp-check proposal (which saw 79.26% voting in favor) has been especially in...]]></description>
            <content:encoded><![CDATA[<h3>⌛ Key Points </h3><p>The discussion following the posting of the Aave | Flipside <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://snapshot.org/#/aave.eth/proposal/0x779d1c48092a41481bb1bca487d291a2b77af8a8db07d0cb08d795695b1d04e7">temp-check proposal</a> (which saw 79.26% voting in favor) has been especially interesting with regard to Aave governance. <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://governance.aave.com/t/temp-check-aave-flipside-proposal/13600/11?u=duncand">Check it out.</a></p><hr><h3>🗳️ Recent Proposals</h3><p><strong>Aave Improvement Proposals</strong></p><ul><li><p><strong>Chaos Labs V2 to V3 Migration Next Steps</strong> (<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjI1Mg==">252</a>). Succeeded on June 26 with 100% voting YAE.</p></li><li><p><strong>Add Native USDC To Arbitrum V3 Pool</strong> (<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjI1MQ==">251</a>). Executed on June 26.</p></li><li><p><strong>Polygon v2 - Parameter Update</strong> (<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjI1MA==">250</a>). Queued for execution.</p></li><li><p><strong>Treasury Management - Acquire B-80BAL-20WETH</strong> (<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjI0OQ==">249</a>). Cancelled on June 23.</p></li><li><p><strong>Price feeds operational update Pt2 - stETH</strong> (<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjI0OA==">248</a>). Executed on June 23.</p></li><li><p><strong>Risk Parameter Updates Aave V3 Ethereum</strong> (<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjI0Nw==">247</a>). Executed on June 19.</p></li><li><p><strong>Add 1INCH to Aave V3 Ethereum</strong> (<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjI0NQ==">245</a>). Executed on June 19.</p></li><li><p><strong>Add ENS to Aave V3 Ethereum</strong> (<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjI0NA==">244</a>). Executed on June 19.</p></li></ul><p><strong>On Snapshot</strong></p><ul><li><p><strong>[</strong><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpzbmFwc2hvdDoweDZmNzBlNjBhYmQzOThlMWZmMDRmZjZhNzhjZDMxM2I2OWQ0N2RmODRlNDJiNzkwYzE0YzI3M2RjNWFiMzE2NzQ="><strong>ARFC</strong></a><strong>] Bug bounties proposal</strong>. Voting ends June 27.</p></li><li><p><strong>[</strong><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://snapshot.org/#/aave.eth/proposal/0xd3a059a055c6f310993bfa8acf2721fd93a0f7d0439902dce9a9c21c8897dff4"><strong>ARFC</strong></a><strong>] Gauntlet Recommendation on TUSD for Aave v2 Ethereum</strong>. Ended on June 25 with 98.73% voting for Option 1.</p></li><li><p><strong>[</strong><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://snapshot.org/#/aave.eth/proposal/0x87a32d14a55f5da504b49565d582a4234f26df4c74ac39c083427d6cbd65999b"><strong>ARFC</strong></a><strong>] - Chaos Labs Risk Parameter Updates - CRV Aave V2 Ethereum - 2023.06.15</strong>. Ended on June 23 with nearly 100% voting YAE.</p></li><li><p><strong>[</strong><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpzbmFwc2hvdDoweDc3OWQxYzQ4MDkyYTQxNDgxYmIxYmNhNDg3ZDI5MWEyYjc3YWY4YThkYjA3ZDBjYjA4ZDc5NTY5NWIxZDA0ZTc="><strong>TEMP CHECK</strong></a><strong>] Aave | Flipside Proposal.</strong> Ended on June 22 with 79.26% voting YAE.</p></li><li><p><strong>[</strong><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpzbmFwc2hvdDoweGNmODU2NDIzMjlkMmYxZjU0YWU4YTU1YmYyNzJlNGZhNmUyMzFkZWUzNzU5OTA3ZjljMmEwZDk0NDdjZWUzMTE="><strong>TEMP CHECK</strong></a><strong>] GHO Liquidity Pools.</strong> Ended on June 22 with nearly 100% voting YAE.</p></li></ul><p><strong>In discussion</strong></p><ul><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/temp-check-aave-flipside-proposal/13600/12?u=duncand">TEMP CHECK</a>] Aave | Flipside Proposal.</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arfc-chaos-labs-risk-parameter-updates-aave-v2-ethereum-2023-6-23/13789">ARFC</a>] Chaos Labs Risk Parameter Updates - Aave V2 Ethereum - 2023.6.23</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arfc-chaos-labs-risk-stewards-increase-caps-reth-and-wsteth-on-v3-arbitrum/13817">ARFC</a>] Chaos Labs Risk Stewards - Increase Caps rETH and wstETH on V3 Arbitrum</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arfc-add-reth-aave-v3-optimism/13795">ARFC</a>] Add rETH Aave v3 Optimism</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arfc-chaos-labs-payment-collection-request/13792">ARFC</a>] Chaos Labs - Payment Collection Request</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arfc-chaos-labs-risk-stewards-increase-supply-caps-on-v3-metis/13787">ARFC</a>] Chaos Labs Risk Stewards - Increase Supply Caps on V3 Metis</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arfc-chaos-labs-risk-parameter-updates-fei-on-aave-v2-ethereum-2023-6-22/13782">ARFC</a>] Chaos Labs Risk Parameter Updates - FEI on Aave V2 Ethereum - 2023.6.22</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arfc-aave-v3-deployment-on-bnb-chain/12609/20?u=duncand">ARFC</a>] Aave V3 Deployment on BNB Chain</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arfc-add-gmx-to-arbitrum-v3/13768">ARFC</a>] Add GMX to Arbitrum v3</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/temp-check-aave-v3-deployment-on-linea-testnet/13791">TEMP CHECK</a>] Aave V3 Deployment on Linea Testnet</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/temp-check-integrating-makerdaos-dsr-into-aave-v3-ethereum-pool/13360/10?u=duncand">TEMP CHECK</a>] Integrating MakerDAO’s DSR into Aave V3 Ethereum Pool</p></li></ul><h3>✍️ Forum Highlights</h3><ul><li><p>@Boardroom provides the most recent <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/temp-check-incentivized-delegate-campaign-3-month/11732/17?u=duncand">Butter Delegate Activity Report</a> on @TokenLogic</p></li><li><p>@Gauntlet provides <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/gauntlet-synchronicity-price-adapter-killswitch-functionality-for-lst-emode/13224/8?u=duncand">updated options</a> for Synchronicity Price Adapter “killswitch” implementation</p></li></ul><h3>📰 Stakeholder News</h3><ul><li><p>Check out delegate platform <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://governance.aave.com/c/delegate-platforms/27">updates from</a> @lbsblockchain, @Kene_StableLab, and @0xkeyrock.eth.</p></li><li><p>Why <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://twitter.com/StaniKulechov/status/1672953127824228354?s=20">Stani is excited</a> about DeFi — more than ever.</p></li><li><p>Llama &lt;&gt; Aave <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://twitter.com/i/spaces/1zqKVPekkBAJB?s=20">Month 8 Update</a> Twitter space</p></li></ul><hr><h3>🔮 Upcoming Votes</h3><ul><li><p><strong>[</strong><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://snapshot.org/#/aave.eth/proposal/0x0b04533e8d9ab0f259bd19874ef5b66008a53f55313116cc054e0aa705fa01b6"><strong>ARFC</strong></a><strong>] Chaos Labs Risk Parameter Update - CRV Aave V3 Polygon - 2023.06.20</strong>. Voting starts on June 27.</p></li><li><p><strong>[</strong><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://snapshot.org/#/aave.eth/proposal/0x5c1fcbd2561751d899feee2fd2dde9e5d6aa61bd1fcd6ee7c410e19595e3c1f7"><strong>ARFC</strong></a><strong>] Chaos Labs - Incremental Reserve Factor Updates - Aave V2 Ethereum</strong>. Voting starts on June 27.</p></li><li><p><strong>[</strong><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://snapshot.org/#/aave.eth/proposal/0x3690a2555731c402ac5dbcd225bdbc64f0bd11991d4d391d2682eb77b5dfa2a6"><strong>ARFC</strong></a><strong>] USDT Risk Parameters Update Aave V3 ETH Pool</strong>. Voting starts on June 27.</p></li></ul><hr><p style="text-align: center"><em>Thank you for reading the Aave Weekly Update. </em></p><p><strong>Quick Gov Links</strong>: <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://docs.aave.com/faq/governance">Governance FAQ</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://docs.aave.com/developers/guides/governance-guide">Governance Docs</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://discord.com/channels/602826299974877205/605528212239286312">Discord Governance Channel</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://snapshot.org/#/aave.eth">Snapshot</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://app.aave.com/governance/">AIPs</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://boardroom.io/aave/overview">Aave on Boardroom</a></p>]]></content:encoded>
            <author>boardroom@newsletter.paragraph.com (Boardroom)</author>
            <category>aave</category>
            <category>weekly update</category>
        </item>
        <item>
            <title><![CDATA[Compound Weekly Update - June 26, 2023]]></title>
            <link>https://updates.boardroom.io/compound-weekly-update-june-26,-2023</link>
            <guid>t5hRGEeZfsZO8TMLpFQe</guid>
            <pubDate>Mon, 26 Jun 2023 20:08:37 GMT</pubDate>
            <description><![CDATA[Weekly Update - June 26, 2023Welcome to the Compound Weekly Update, your guide to what's happening in Compound governance. ⌛ Key Points There are curr...]]></description>
            <content:encoded><![CDATA[<h2 style="text-align: center">Weekly Update - June 26, 2023</h2><p style="text-align: center"><em>Welcome to the Compound Weekly Update, your guide to what's happening in Compound governance. </em></p><hr><h3>⌛ Key Points </h3><ul><li><p>There are currently two live proposals, Compound <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/compound/proposal/cHJvcG9zYWw6Y29tcG91bmQ6b25jaGFpbjoxNjU=">169</a> and <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/compound/proposal/cHJvcG9zYWw6Y29tcG91bmQ6b25jaGFpbjoxNjQ=">170</a>. </p></li><li><p>Compound Labs proposes deploying v3 on Base. </p></li><li><p>Chaos Labs and Wido provide updates on their Grants projects.</p></li></ul><hr><h3>🗳️ Proposals</h3><ul><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/compound/proposal/cHJvcG9zYWw6Y29tcG91bmQ6b25jaGFpbjoxNjU=">OpenZeppelin Security Partnership - 2023 Q3 Compensation</a></p><ul><li><p><em>Summary</em>: A proposal to approve OpenZeppelin's compensation for the third quarter of 2023. Based on last week's average price of $29.31 per COMP, the total quarterly payment will be 34,118 COMP, equal to $1M, per the original agreement dating back to December 21, 2021. </p></li><li><p><em>Proposer</em>: <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/voter/0xeC405bcD169633C0D8EDc8ef869E164e42b9ec1E">0xeC405bcD169633C0D8EDc8ef869E164e42b9ec1E</a> </p></li><li><p><em>Status</em>: Voting is live until Thursday, June 29th at 07:07 am ET</p></li></ul></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/compound/proposal/cHJvcG9zYWw6Y29tcG91bmQ6b25jaGFpbjoxNjQ=">Top-up COMP Rewards on Compound V3 mainnet contract</a></p><ul><li><p><em>Summary</em>: A proposal to replenish the supply of COMP used for rewards to users of Compound v3 on mainnet. The proposal would transfer 78,015 COMP from the Comptroller to the Rewards contract, corresponding to 150 days of rewards. </p></li><li><p><em>Proposer</em>: <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/voter/0x683a4F9915D6216f73d6Df50151725036bD26C02">gauntletgov.eth</a></p></li><li><p><em>Status</em>: Voting is live until Tuesday, June 27th at 05:10 am ET</p></li></ul></li></ul><h3>✍️ Forum Highlights</h3><ul><li><p>The Compound Labs team has begun the proposal process for deploying v3 on Base with a <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://www.comp.xyz/t/deploy-compound-iii-on-base/4402/1">forum post</a> outlining the idea.  According to the post, the Labs team sees "two promising use cases for borrowing on Base... The first will be a USDC market with crypto majors as collateral (e.g. WETH, WBTC, etc.). The second will be a WETH market with LSDs as collateral (e.g. cbETH, wstETH, etc.)." The proposal requests the community grant a license exemption to "allow the Base network to obtain a Compound Business Source License (BSL) to use the Licensed Work, update compound-community-licenses.eth, and deploy it on the Base network." </p></li><li><p>User <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://www.comp.xyz/u/kallolborah">kallolborah</a> posted in the forum following their "proposal to the Compounds Grants committee about implementing an extension to support real world assets with the Compound protocol" and <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://www.comp.xyz/t/proposal-real-world-asset-rwa-asset-markets-on-compound/4419?u=boardroom">requested feedback</a> on potential governance frameworks for approving which RWA's would be admitted as collateral. </p></li><li><p>The Stader Labs team, which is <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://www.comp.xyz/t/listing-maticx-on-compound/4306/11">preparing</a> to submit a proposal to add MaticX as a collateral asset on Compound v3 on Polygon, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://docs.google.com/document/d/1c3H1gTSq58Trf1Zj1xcXe7tmDDLWOL-kISt1ye2sl-M/edit#heading=h.gtowkkcvqw0w">shared a token checklist</a> for the asset. </p></li><li><p>The Chaos Labs team provided an update on <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://questbook.app/dashboard/?grantId=0xad96ce667e2a09311b439dbdcfcdefd2f98898df&amp;chainId=10&amp;role=community&amp;proposalId=0x250&amp;isRenderingProposalBody=true">their grant</a> from the Compound Grants Program to build a "a state-of-the-art <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://community.chaoslabs.xyz/compound/ccar/overview">Compound Cross-Chain Analytics and Observability platform</a>." It is now complete and Chaos Labs is looking for feedback from the community. </p></li><li><p>Wido announced that they have "completed Milestone 2" for <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://new.questbook.app/dashboard/?grantId=0xeb047900b28a9f90f3c0e65768b23e7542a65163&amp;role=community&amp;chainId=10&amp;proposalId=0x1c9&amp;isRenderingProposalBody=true">their grant</a> to build the "Compound Collateral Swap Extension" which "will enable Compound III users to swap deposited collateral, even if the collateral is locked due to an open borrowing position." It is now <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://app.compound.finance/extensions/sandbox?market=usdc-polygon&amp;sandboxsource=https%3A%2F%2Fwido-extension-template.vercel.app%2Fembedded.html">live in Sandbox</a> and Wido is requesting feedback. </p></li></ul><h3>📞 Developer Community Call Summary </h3><p>Compound's most recent Developer Community Call was Wednesday, June 14, 2023. <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://drive.google.com/file/d/1bRGqWZiQUSAIeP2m8VJvy1my3WhKc4_E/view">Click here to listen to the recording</a>. Here's what was discussed:</p><ul><li><p>Paul from Gauntlet discussed actions taken during the recent period of market volatility (e.g. actions taken to mitigate issues from Sushiswap's price not updating in Compound v2) and provided an update on the Polygon and Arbitrum Comets. He also highlighted upcoming work from Gauntlet, including recommendations about stMatic and MaticX (see above) as well as deployments to new chains like Base. </p></li><li><p>Michael from OpenZeppelin provided an update on what OZ has been working on, including auditing and security monitoring. OZ collaborated with Gauntlet and others to deal with the Sushiswap situation. Michael noted that while OZ's system to monitor similar situations worked well, there are certain improvements they will make going forward. They plan to after further share their thoughts with the community in the forum.  </p></li><li><p>Roger from Chainlink (the oracle service that provides price data) clarified that the issue was not rooted in Chainlink, but rather the underlying data from Uniswap. This prompted agreement that there are improvements that could be made. Michael from OZ said more data would be gathered and shared with the community. </p></li><li><p>Nick from Rocket Pool gave an overview of Rocket Pool for the Compound community and floated the idea of $rETH - the liquid staking token - as collateral to Compound v3. </p></li><li><p>Aditya from Stader Labs provided an update on next steps for listing MaticX as a collateral on Compound v3 on Polygon, which is blocked by the need for Gauntlet's parameter recommendations and OpenZeppelin audits. </p></li><li><p>Mark from Fuji Finance discussed their project building a cross-chain migration tool for Compound and asked for guidance on how to handle admin roles for this tool, which prompted a discussion with several community members. </p></li><li><p>Boardroom gave our update on Compound governance activity. </p></li><li><p>Adam from Compound Labs highlighted Compound Grants' plan to host a demo day for grant projects as well as Compound's prizes at the ETHGlobal Waterloo hackathon.  </p></li></ul><h3>📅 Upcoming Events</h3><ul><li><p>The next Compound Developer Community Call will be on June 28, 2023 at 12pm ET <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out" href="https://discord.gg/YvZcjHqv?event=1075863462560931891">in the Compound Discord</a>. </p></li></ul><h3>🔮 Upcoming Votes</h3><ul><li><p>There are no upcoming votes in the queue. </p></li></ul><hr><p style="text-align: center"><em>Thank you for reading the Compound Weekly Governance Update. </em></p><p style="text-align: center"><em> </em><strong>Quick Gov Links</strong>: <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out" href="https://compound.finance/governance">Governance Overview</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out" href="https://docs.compound.finance/governance/">Governance Docs</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out" href="https://boardroom.io/compound/overview">Compound on Boardroom</a></p><p></p>]]></content:encoded>
            <author>boardroom@newsletter.paragraph.com (Boardroom)</author>
            <category>compound</category>
            <category>weekly update</category>
        </item>
        <item>
            <title><![CDATA[Uniswap Weekly Update - June 26, 2023]]></title>
            <link>https://updates.boardroom.io/uniswap-weekly-update-june-26,-2023</link>
            <guid>dhD3CZBo6pyA2W5lxRUp</guid>
            <pubDate>Mon, 26 Jun 2023 16:37:54 GMT</pubDate>
            <description><![CDATA[Weekly Update - June 26, 2023Welcome to the Uniswap Weekly Update, your guide to what's happening in Uniswap governance. ⌛ Key Points The community go...]]></description>
            <content:encoded><![CDATA[<h2 style="text-align: center">Weekly Update - June 26, 2023</h2><p style="text-align: center"><em>Welcome to the Uniswap Weekly Update, your guide to what's happening in Uniswap governance. </em></p><hr><h3>⌛ Key Points </h3><ul><li><p>The community governance process to determine how to use Uniswap's 4.4 million ARB tokens is progressing with an expected Snapshot vote on Wednesday, June 28th.  The Gauntlet and Gamma teams have combined their competing liquidity incentive-focused proposals into a single joint proposal. </p></li><li><p>A Temperature Check vote to deploy Uniswap on Fantom passed on June 24th. </p></li></ul><hr><h3>🗳️ Proposals</h3><ul><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/uniswap/proposal/cHJvcG9zYWw6dW5pc3dhcDpzbmFwc2hvdDoweDk4ZTA4ZDk0ZTExNzRiMGJmYTIzNTBjNjE2ZDNjZjJmYjhmNWU1NmM1NmMwM2RjMGFlNThmZDI5YTZiMjkyNjU=">[Temperature Check] Deploy Uniswap v3 on Fantom</a></p><ul><li><p><em>Summary</em>: A proposal from Blockchain@Columbia, with the <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://fantom.foundation/">Fantom</a> and <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://axelar.network/">Axelar</a> teams, to deploy Uniswap V3 on Fantom Chain. Blockchain@Columbia argues that with Uniswap's Business Source License expiring, "it is crucial for Uniswap to establish market share in other ecosystems." Fantom's $450m TVL and steady growth makes it a worthy target market for Uniswap. According to the proposal, the Fantom Foundation and the Axelar team will handle backend deployment of the smart contracts at no cost to Uniswap, which will be responsible for frontend deployment.   </p></li><li><p><em>Proposer</em>: <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/voter/0xdC1F98682F4F8a5c6d54F345F448437b83f5E432">blockchaincolumbia.eth</a></p></li><li><p><em>Status</em>: Passed on Saturday, June 24th</p></li><li><p><em>Note</em>: An onchain proposal will be introduced once contracts have been audited. </p></li></ul></li></ul><h3>✍️ Forum Highlights</h3><ul><li><p>Over the past few weeks, the Uniswap community has been <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.uniswap.org/t/request-for-proposals-arb-distribution/21287/35?u=boardroom">deliberating what to do</a> with the 4.4 million ARB tokens that Uniswap received in the Arbitrum airdrop. More detail on each of the proposals can be found in our previous two Uniswap governance updates, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://updates.boardroom.io/uniswap-weekly-update-june-12,-2023">here</a> and <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://updates.boardroom.io/uniswap-weekly-update-june-19,-2023">here</a>. </p></li><li><p>On Wednesday, June 24th, Gauntlet and Gamma <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.uniswap.org/t/temp-check-combined-liquidity-incentivization-proposal/21545">posted in the forum</a> announcing that they are combining their competing liquidity incentive-focused proposals into one joint proposal. According to the forum post, the DefiEdge and BrincX teams, which had similar proposals of their own, "will join as liquidity managers." The proposals calls for 2m ARB for the program, just under half of the total ARB held by Uniswap. </p></li><li><p>Alastor's proposal to <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out widget-link topic-link" href="https://gov.uniswap.org/t/rfc-alastor-w3s-create-a-uni-arb-working-group/21376">create a UNI-ARB working group</a> is receiving mixed feedback from the community. While there seems to be some <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.uniswap.org/t/rfc-alastor-w3s-create-a-uni-arb-working-group/21376/7?u=boardroom">support</a> for the idea, there is also concern about the <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.uniswap.org/t/rfc-alastor-w3s-create-a-uni-arb-working-group/21376/8?u=boardroom">complexity</a> and <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.uniswap.org/t/request-for-proposals-arb-distribution/21287/44?u=boardroom">accountability</a> of the working group. </p></li><li><p>Uniswap Foundation governance lead @eek637 announced that he will introduce a "Snapshot with each proposal listed as an option," on Wednesday, June 26th, adding that "the sum of the ARB requests will be less than or equal to the total amount of the DAO’s grant" and that "delegates can vote for any, all, or none of the proposals. Each proposal with &gt; 10m votes will move to the next round of on-chain voting."</p></li></ul><h3>📰 Stakeholder/Delegate News</h3><ul><li><p>Keyrock updated their <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.uniswap.org/t/keyrock-delegate-platform/21243">delegate platform</a>. </p></li><li><p>Stablelab updated their <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.uniswap.org/t/stablelab-delegate-platform/21240/6">delegate platform</a>. </p></li></ul><h3>📅 Upcoming Events</h3><p>There are no upcoming events. </p><h3>🔮 Upcoming Votes</h3><ul><li><p>A Snapshot proposal on the plan for Uniswap's ARB distribution is expected to be introduced on Wednesday, June 28th. </p></li><li><p>Onchain votes regarding Uniswap v3 deployments to Fantom and Filecoin Virtual Machine are expected in the coming weeks following audits. <br></p></li></ul><hr><p style="text-align: center"><em>Thank you for reading the Uniswap Weekly Governance Update. </em></p><p style="text-align: center"><em> </em><strong>Quick Gov Links</strong>: <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out" href="https://gov.uniswap.org/t/community-governance-process-update-jan-2023/19976">Governance Overview</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out" href="https://boardroom.io/uniswap/overview">Uniswap on Boardroom</a></p><p></p><p></p>]]></content:encoded>
            <author>boardroom@newsletter.paragraph.com (Boardroom)</author>
            <category>uniswap</category>
            <category>weekly update</category>
        </item>
        <item>
            <title><![CDATA[Compound Weekly Update - June 19, 2023]]></title>
            <link>https://updates.boardroom.io/compound-weekly-update-june-19,-2023</link>
            <guid>UJp5Rs50ycgvjaV34NtK</guid>
            <pubDate>Mon, 19 Jun 2023 19:03:05 GMT</pubDate>
            <description><![CDATA[Weekly Update - June 19, 2023Welcome to the Compound Weekly Update, your guide to what's happening in Compound governance. ⌛ Key Points Gauntlet share...]]></description>
            <content:encoded><![CDATA[<h2 style="text-align: center">Weekly Update - June 19, 2023</h2><p style="text-align: center"><em>Welcome to the Compound Weekly Update, your guide to what's happening in Compound governance. </em></p><hr><h3>⌛ Key Points </h3><ul><li><p>Gauntlet shared <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://www.comp.xyz/t/stmatic-and-maticx-listing-on-polygon-compound-v3/4397">analysis and parameter recommendations</a> for stMatic and MaticX, clearing the way for proposals to add the two $MATIC liquid staking tokens as collateral assets to Compound v3 on Polygon. </p></li><li><p>Gauntlet <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://www.comp.xyz/t/compound-migration-proposal-phase-4-6-16-23-two-options/4396">circulated two potential proposals</a> as options for Phase 4 of the Compound v3 migration and is asking the community to weigh in by <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://www.comp.xyz/t/compound-migration-proposal-phase-4-6-16-23-two-options/4396/2?u=boardroom">participating in this poll</a>. </p></li><li><p>Fuji Finance updated the community on their progress developing a cross-chain migration tool. </p></li><li><p>The Compound Developer Community Call took place Wednesday, June 14th. </p></li></ul><hr><h3>🗳️ Proposals</h3><ul><li><p>No new or recent proposals. </p></li></ul><h3>✍️ Forum Highlights</h3><ul><li><p>Gauntlet shared <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://www.comp.xyz/t/stmatic-and-maticx-listing-on-polygon-compound-v3/4397">analysis and parameter recommendations</a> for <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://www.comp.xyz/t/stmatic-compound-listing/4293/18">stMatic</a> and <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://www.comp.xyz/t/listing-maticx-on-compound/4306/10">MaticX</a>, two different $MATIC liquid staking tokens that were proposed last month as new collateral assets for Compound v3 on Polygon. Gauntlet's recommendations include options for both conservative and aggressive parameter settings and deferred to the community on its preference. So far, only Michigan Blockchain has weighed in, doing so in favor of the aggressive parameter settings to "enhance Compound’s competitiveness relative to AAVE." </p></li><li><p>Gauntlet <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://www.comp.xyz/t/compound-migration-proposal-phase-4-6-16-23-two-options/4396">circulated two potential proposals</a> as options for Phase 4 of the Compound v3 migration they've been administering. The first option would decrease v2 rewards and increase the v2 USDC reserve factor, while the second option would do the same but also increase v3 rewards by 200 COMP. There is <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://www.comp.xyz/t/compound-migration-proposal-phase-4-6-16-23-two-options/4396/2?u=boardroom">currently a poll live in the forum</a> to determine which proposal will move forward on Monday, June 26th. Gauntlet's recommendation is to move forward with the first option, i.e. not increase v3 rewards.   </p></li><li><p>Gauntlet <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://www.comp.xyz/t/gauntlet-monthly-updates/4038/6?u=boardroom">posted a summary</a> of their market risk management work with Compound in May 2023. </p></li><li><p>Fuji Finance <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://www.comp.xyz/t/introduction-fuji-finance-cross-chain-money-market-aggregator/4353/2?u=boardroom">provided an update</a> on their work building a cross-chain migration tool, funded by Compound Grants. The update prompted a discussion in the forum and on the Developer Community Call about granting the Compound <code>Timelock</code> contract the admin-role for the cross-chain migrator as to enable future changes and add new markets in the future. Ultimately, it was decided that Fuji Finance will maintain authority over the tool. </p></li><li><p>Adam from Compound Labs <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://www.comp.xyz/t/ethglobal-2023-16-hackathon-project-ideas/4399?u=boardroom">shared more information</a> on Compound's prize for the ETHGlobal Waterloo hackathon. </p></li></ul><h3>📞 Developer Community Call Summary </h3><p>Compound's most recent Developer Community Call was Wednesday, June 14, 2023. <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://drive.google.com/file/d/1bRGqWZiQUSAIeP2m8VJvy1my3WhKc4_E/view">Click here to listen to the recording</a>. Here's what was discussed:</p><ul><li><p>Paul from Gauntlet discussed actions taken during the recent period of market volatility (e.g. actions taken to mitigate issues from Sushiswap's price not updating in Compound v2) and provided an update on the Polygon and Arbitrum Comets. He also highlighted upcoming work from Gauntlet, including recommendations about stMatic and MaticX (see above) as well as deployments to new chains like Base. </p></li><li><p>Michael from OpenZeppelin provided an update on what OZ has been working on, including auditing and security monitoring. OZ collaborated with Gauntlet and others to deal with the Sushiswap situation. Michael noted that while OZ's system to monitor similar situations worked well, there are certain improvements they will make going forward. They plan to after further share their thoughts with the community in the forum.  </p></li><li><p>Roger from Chainlink (the oracle service that provides price data) clarified that the issue was not rooted in Chainlink, but rather the underlying data from Uniswap. This prompted agreement that there are improvements that could be made. Michael from OZ said more data would be gathered and shared with the community. </p></li><li><p>Nick from Rocket Pool gave an overview of Rocket Pool for the Compound community and floated the idea of $rETH - the liquid staking token - as collateral to Compound v3. </p></li><li><p>Aditya from Stader Labs provided an update on next steps for listing MaticX as a collateral on Compound v3 on Polygon, which is blocked by the need for Gauntlet's parameter recommendations and OpenZeppelin audits. </p></li><li><p>Mark from Fuji Finance discussed their project building a cross-chain migration tool for Compound and asked for guidance on how to handle admin roles for this tool, which prompted a discussion with several community members. </p></li><li><p>Boardroom gave our update on Compound governance activity. </p></li><li><p>Adam from Compound Labs highlighted Compound Grants' plan to host a demo day for grant projects as well as Compound's prizes at the ETHGlobal Waterloo hackathon.  </p></li></ul><h3>📅 Upcoming Events</h3><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://ethglobal.co/events/waterloo2023/prizes/compound-grants-program-u2xz5">ETHGlobal Waterloo</a> is taking place this week, June 23rd through June 25th in Waterloo, Ontario. Compound is sponsoring $5,000 in prizes at the Hackathon. </p><h3>🔮 Upcoming Votes</h3><p>Gauntlet plans to introduce a proposal on Monday, June 26th, which will constitute Phase 4 of the Compound v3 migration. <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://www.comp.xyz/t/compound-migration-proposal-phase-4-6-16-23-two-options/4396">See here for more.</a> </p><hr><p style="text-align: center"><em>Thank you for reading the Compound Weekly Governance Update. </em></p><p style="text-align: center"><em> </em><strong>Quick Gov Links</strong>: <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out" href="https://compound.finance/governance">Governance Overview</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out" href="https://docs.compound.finance/governance/">Governance Docs</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out" href="https://boardroom.io/compound/overview">Compound on Boardroom</a></p>]]></content:encoded>
            <author>boardroom@newsletter.paragraph.com (Boardroom)</author>
            <category>compound</category>
            <category>weekly update</category>
        </item>
        <item>
            <title><![CDATA[Uniswap Weekly Update - June 19, 2023]]></title>
            <link>https://updates.boardroom.io/uniswap-weekly-update-june-19,-2023</link>
            <guid>CPw1JcvBDAyZJKHNH2y5</guid>
            <pubDate>Mon, 19 Jun 2023 19:02:54 GMT</pubDate>
            <description><![CDATA[Weekly Update - June 19, 2023Welcome to the Uniswap Weekly Update, your guide to what's happening in Uniswap governance. ⌛ Key Points Discussions cont...]]></description>
            <content:encoded><![CDATA[<h2 style="text-align: center">Weekly Update - June 19, 2023</h2><p style="text-align: center"><em>Welcome to the Uniswap Weekly Update, your guide to what's happening in Uniswap governance. </em></p><hr><h3>⌛ Key Points </h3><ul><li><p>Discussions continued regarding what to do with <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://gov.uniswap.org/t/request-for-proposals-arb-distribution/21287">Uniswap's $ARB distribution</a> from the Arbitrum airdrop. A <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.uniswap.org/t/request-for-proposals-arb-distribution/21287/33?u=boardroom">target date</a> of Wednesday, June 21st has been set to move the RFC proposals to votes on Snapshot. </p></li><li><p>The Uniswap Foundation’s Bridge Assessment Committee <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://uniswap.notion.site/Bridge-Assessment-Report-0c8477afadce425abac9c0bd175ca382">published the results</a> of their work on the use of cross-chain bridges in governance, which provide "the ability to send messages from the DAO’s Ethereum-based governance contracts to Uniswap V3 deployments on non-Ethereum chains." The Committee evaluated six bridges and approved two for the DAO’s cross-chain governance use case: Wormhole and Axelar. </p></li></ul><hr><h3>🗳️ Proposals</h3><ul><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/uniswap/proposal/cHJvcG9zYWw6dW5pc3dhcDpzbmFwc2hvdDoweDM2YTE3ZjZjMzExZjNkOTEwYmMxMWNiNGNkNTU4OTFhN2U2YzcxZmFjZDA0ZTdiZmZjZmIyNjdmZGQ4OGM0NWI=">[Temperature Check] Deploy Uniswap v3 on Filecoin Virtual Machine (FVM)</a></p><ul><li><p><em>Summary</em>: A proposal to deploy Uniswap v3 on the Filecoin Virtual Machine, a programmable EVM-compatible environment built over the Filecoin blockchain. Since its launch on March 14, 2023, usage of the Filecoin Virtual Machine has grown quickly. There have been 808 contracts deployed and over 130,000 transactions have been made, with active contract users increasing by <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://dashboard.starboard.ventures/fvm">184.5%</a> since April 1st. This proposal seeks to create a fork of the Uniswap v3 code and deploy it on the FVM. <br><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.uniswap.org/t/deploy-uniswap-v3-on-filecoin-virtual-machine-fvm/21309/4">Read the full discussion</a>. </p></li><li><p><em>Proposer</em>: michiganblockchain.eth</p></li><li><p><em>Status</em>: Passed on Saturday, June 17th</p></li><li><p><em>Note</em>: An onchain proposal will be introduced once contracts have been audited. </p></li></ul></li></ul><h3>✍️ Forum Highlights</h3><ul><li><p>The <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.uniswap.org/t/request-for-proposals-arb-distribution/21287/34">Requests for Proposal - ARB Distribution</a> post along with several of the RFC forum posts saw activity this week as the community weighed what to do with the 4.4m ARB tokens Uniswap received from the Arbitrum airdrop. Here are some highlights: </p><ul><li><p>In the thread under Alastor's proposal to create a UNI-ARB working group, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.uniswap.org/t/rfc-alastor-w3s-create-a-uni-arb-working-group/21376/7?u=boardroom">Keyrock suggested</a> passing <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.uniswap.org/t/rfc-alastor-w3s-create-a-uni-arb-working-group/21376">Alastor's proposal</a>, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.uniswap.org/t/rfc-gauntlet-dynamic-incentive-optimization-for-uniswap-v3-on-arbitrum/21426">Gauntlet's proposal</a>, and <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.uniswap.org/t/rfc-flashstake-enabling-upfront-yield-for-uniswap-liquidity-v2-v3/21410/1">Flashstake's proposal</a>, which combined would use 100% of the airdrop. </p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.uniswap.org/t/rfc-gauntlet-dynamic-incentive-optimization-for-uniswap-v3-on-arbitrum/21426">Gauntlet responded</a> to several inquiries about their proposal.</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.uniswap.org/t/rfc-gamma-strategies-distribute-at-least-1-3-of-arb-airdrop-as-liquidity-incentives/21345/23?u=boardroom">Gamma Strategies responded</a> to several inquiries about their proposal as well. </p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://gov.uniswap.org/t/request-for-proposals-arb-distribution/21287/34?u=boardroom">KarpatKey suggested</a> "a hybrid approach that transfers the entire ARB airdrop to the Uniswap Foundation’s multisig and subsequently allocates it in the following way: 50% used to fund grants for one, or more, of the available RFCs and 50% to be included in the next <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://gov.uniswap.org/t/launch-of-uniswap-agora-delegate-race/21133#uniswap-delegate-race-3">Delegate Race</a>." </p></li><li><p>Eek637 from the Uniswap Foundation <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.uniswap.org/t/rfc-brincx-real-yield-analytics-liquid-derivatives-for-univ3/21390/20?u=boardroom">made a distinction</a> between other proposals and <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.uniswap.org/t/rfc-brincx-real-yield-analytics-and-liquid-vault-derivatives-lvds-for-uniswap-v3/21390">BrincX's</a>, suggesting that their proposal would be better administered with a grant. BrincX has since revised their proposal such that the use of the ARB would be for depositing and maintaining liquidity positions on Uniswap for ARB-USDC and ARB-ETH, rather than funding development expenses. </p></li><li><p>Eek637 had <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.uniswap.org/t/rfc-li-fi-mma-infrastructure-development-for-uniswap/21444/5?u=boardroom">similar comments</a> for the <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="http://Li.Fi">Li.Fi</a> team on their proposal.  </p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.uniswap.org/t/request-for-proposals-arb-distribution/21287/35?u=boardroom">BristolBlockchain cosigned</a> Alastor's proposal to create a UNI-ARB working group. </p></li></ul></li><li><p>The Uniswap Foundation highlighted their work on the use of cross chain bridges for governance with a <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.uniswap.org/t/uf-bridge-assessment-committee-results-framework-and-evaluations/21512">post linking to the report</a> and a <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.uniswap.org/t/uf-bridge-recommendations/21513/1">post providing commentary</a> on the current status of Uniswap's Avalanche and Celo deployments given that the bridges used therein did not meet the requirements outlined by the Bridge Assessment Committee. </p></li><li><p>The <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.uniswap.org/t/deploy-uniswap-v3-on-ontology-evm/21224">OntologyNetwork </a><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.uniswap.org/t/deploy-uniswap-v3-on-ontology-evm/21224https://gov.uniswap.org/t/deploy-uniswap-v3-on-ontology-evm/21224">posted a proposal</a> "to integrate Uniswap V3 with the Ontology EVM, backed by a liquidity provision of $2M USDT and a $1M USDT liquidity incentive from the Ontology Foundation to encourage early liquidity on the Network." </p></li></ul><h3>📰 Stakeholder/Delegate News</h3><ul><li><p>StableLabs updated their <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.uniswap.org/t/stablelab-delegate-platform/21240/5?u=boardroom">delegate platform</a>. </p></li></ul><h3>📅 Upcoming Events</h3><p>There are no upcoming events. </p><h3>🔮 Upcoming Votes</h3><p>There are no upcoming votes in the queue. <br><br>An onchain proposal for deploying Uniswap v3 to Filecoin Virtual Machine is expected in the near future following audits. <br><br>Proposals for using the $ARB distribution should move forward soon pending community input. </p><hr><p style="text-align: center"><em>Thank you for reading the Uniswap Weekly Governance Update. </em></p><p style="text-align: center"><em> </em><strong>Quick Gov Links</strong>: <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://gov.uniswap.org/t/community-governance-process-update-jan-2023/19976">Governance Overview</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://boardroom.io/uniswap/overview">Uniswap on Boardroom</a></p><p></p>]]></content:encoded>
            <author>boardroom@newsletter.paragraph.com (Boardroom)</author>
            <category>uniswap</category>
            <category>weekly update</category>
        </item>
        <item>
            <title><![CDATA[Aave Weekly Update - June 19, 2023]]></title>
            <link>https://updates.boardroom.io/aave-weekly-update-june-19,-2023</link>
            <guid>iLo6ZgoMmnyj1576brHq</guid>
            <pubDate>Mon, 19 Jun 2023 18:54:30 GMT</pubDate>
            <description><![CDATA[⌛ Key Points New assets continue to be discussed (and voted on) for addition to Aave V3 on different chains. This is happening in conjunction with dep...]]></description>
            <content:encoded><![CDATA[<h3>⌛ Key Points </h3><ol><li><p>New assets continue to be discussed (and voted on) for addition to Aave V3 on different chains. This is happening in conjunction with <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjIzOQ==">deprecation of the V2 AMM market</a> and discussion of next steps in V2 to V3 migration (Ethereum), as presented by @ChaosLabs.</p></li><li><p>@Flipside’s proposal to assume a contributor role at Aave will soon be <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpzbmFwc2hvdDoweDc3OWQxYzQ4MDkyYTQxNDgxYmIxYmNhNDg3ZDI5MWEyYjc3YWY4YThkYjA3ZDBjYjA4ZDc5NTY5NWIxZDA0ZTc=">up for voting</a> on Snapshot.</p></li><li><p>We at Boardroom have suggested hosting a biweekly Aave governance call (also suggested in Flipside’s proposal); see <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/biweekly-aave-governance-calls/13688">our reasoning here</a>.</p></li><li><p>Check out the proposal from @TokenLogic for <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpzbmFwc2hvdDoweGNmODU2NDIzMjlkMmYxZjU0YWU4YTU1YmYyNzJlNGZhNmUyMzFkZWUzNzU5OTA3ZjljMmEwZDk0NDdjZWUzMTE=">initial liquidity pools</a> supporting the GHO launch.</p></li></ol><hr><h3>🗳️ Recent Proposals</h3><p><strong>Aave Improvement Proposals</strong></p><ul><li><p><strong>Risk Parameter Updates Aave V3 Ethereum</strong> (<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjI0Nw==">247</a>). Queued for execution.</p></li><li><p><strong>Risk Parameter Updates for AAVE V2 Ethereum</strong> (<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjI0Ng==">246</a>). Failed on June 18.</p></li><li><p><strong>Add 1INCH to Aave V3 Ethereum</strong> (<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjI0NQ==">245</a>). Queued for execution.</p></li><li><p><strong>Add ENS to Aave V3 Ethereum</strong> (<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjI0NA==">244</a>). Queued for execution.</p></li><li><p><strong>Add LUSD to Arbitrum Aave V3</strong> (<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjI0Mw==">243</a>). Executed on June 18.</p></li><li><p><strong>Add rETH to Arbitrum Aave v3</strong> (<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjI0Mg==">242</a>). Executed on June 18.</p></li><li><p><strong>Polygon Supply Cap Update</strong> (<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjI0MQ==">241</a>). Executed on June 15.</p></li></ul><p><strong>On Snapshot</strong></p><ul><li><p><strong>[</strong><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpzbmFwc2hvdDoweDhjOGRhMzg0MmE0NTkwZjYwOWIyNzgxODc0Yjc0MDgwODE3MGJkOGUzN2EzNTg5YmI2YjVhZjhkZjZjOWMxNTM="><strong>ARFC</strong></a><strong>] Add native USDC to the Arbitrum V3 pool</strong>. Ended on June 17 with 100% voting YAE.</p></li><li><p><strong>[</strong><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpzbmFwc2hvdDoweDAzNzk4ZGMzZDYzODJmMGQ0NjE1OTAwNTlkNTU0YTQ0MDVlZWZkNWM5NWUzZGU5MTc1MTU3MDJmZGZjOWVjZmI="><strong>ARFC</strong></a><strong>] Add FRAX Arbitrum Aave v3</strong>. Ended on June 17 with 80.22% voting YAE.</p></li><li><p><strong>[</strong><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpzbmFwc2hvdDoweDY4NjQ3YjFhNzVkYTQwY2Q3NzUzZmZkM2RjODFiYzY5ZWYyZmRhMDY1MDJlYTU3MTBiODkxNjYyMjNiYmNlNWM="><strong>TEMP CHECK</strong></a><strong>] Add GMX to Arbitrum v3</strong>. Ended on June 17 with 64.29% voting YAE.</p></li><li><p><strong>[</strong><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpzbmFwc2hvdDoweGYwYTNlZjU1MzkwNWIwM2QzNmUwOTgyNzE5Y2ZlMjVlODVkOTdmNTYzYzNlZjQwMWYyNWU4NDU1OTYwNTc2Zjg="><strong>ARFC</strong></a><strong>] Add FRAX to Ethereum Aave v3</strong>. Ended on June 17 with nearly 100% voting YAE.</p></li><li><p><strong>[</strong><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpzbmFwc2hvdDoweDBjOTQ0NzM2N2Q1MjIzODYzZTgyOTM5M2E5ZTg5MzdhNTRiMmFmODVhZGVmODgzNTQyZjA2M2RmNGZiODZkYjY="><strong>TEMP CHECK</strong></a><strong>] Aave v3 MVP deployment on Scroll mainnet</strong>. Ended on June 16 with nearly 100% voting YAE.</p></li><li><p><strong>[</strong><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpzbmFwc2hvdDoweGM2OGZlNjU4YTE1YWYwZmYzNDZjODEyYzhkMWE2YzNhNjI3NjEyY2Q5NjI3NzQwM2M0YWVlZGI2MjMyYjQ3YjI="><strong>TEMP CHECK</strong></a><strong>] Pyth to Support AAVE on Optimism as a Secondary Oracle</strong>. Ended on June 15 with 66.9% voting For.</p></li></ul><p><strong>In discussion</strong></p><ul><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arfc-chaos-labs-risk-stewards-increase-supply-caps-wsteth-arbitrum-and-ethereum/13735">ARFC</a>] Chaos Labs Risk Stewards - Increase Supply Caps wstETH Arbitrum and Ethereum</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arfc-supply-cap-updates-for-polygon-aave-v3-arbitrum-aave-v3-on-2023-06-17/13744">ARFC</a>]: Supply Cap Updates for Polygon Aave V3, Arbitrum Aave V3 on 2023-06-18</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arfc-whitelist-stargate-for-v3-portals/13737">ARFC</a>] - Whitelist Stargate for V3 Portals</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arfc-aave-v3-deployment-on-base/13708">ARFC</a>] Aave V3 Deployment on Base</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arfc-chaos-labs-v2-to-v3-migration-next-steps/13701">ARFC</a>] Chaos Labs V2 to V3 Migration Next Steps</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arfc-chaos-labs-risk-parameter-updates-crv-aave-v2-ethereum-2023-06-15/13709">ARFC</a>] Chaos Labs Risk Parameter Updates - CRV Aave V2 Ethereum - 2023.06.15</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arfc-emode-risk-parameters-aave-eth-v3-pool-update/13570/3?u=duncand">ARFC</a>] Emode Risk Parameters Aave ETH V3 Pool Update</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/temp-check-gho-liquidity-pools/13655">TEMP CHECK</a>] GHO Liquidity Pools</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/temp-check-gauntlet-recommendation-on-tusd-for-aave-v2-ethereum/13727">TEMP CHECK</a>] Gauntlet recommendation on TUSD for Aave v2 Ethereum</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/temp-check-allocating-part-of-gho-revenue-to-safety-incentives/13596/10?u=duncand">TEMP CHECK</a>] Allocating part of GHO Revenue to Safety Incentives</p></li></ul><h3>✍️ Forum Highlights</h3><ul><li><p>There has been <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/gauntlet-recommendation-to-freeze-crv-and-set-crv-ltv-0-on-aave-v2/13644/2?u=duncand">vigorous discussion</a> around Gauntlet’s recommendation to freeze CRV and set LTV to 0 on Aave v2 Ethereum (the <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjI0Ng==">AIP</a> was voted down).</p></li><li><p>Check out delegate platform <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/c/delegate-platforms/27">updates from</a> @0xkeyrock.eth and @lbsblockchain.</p></li><li><p>@mattgurbiel from RedStone raises <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/redstone-oracles-to-launch-gho-price-feed/13670">the question of oracle providers for GHO</a> price feeds — which may be a decision left to third party protocols using GHO as collateral, as @MarcZeller notes.</p></li><li><p>@polarpunklabs reports on the <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/aave-case-study-building-trust-in-decentralised-finance-defi/13698">Aave Case Study</a> recently completed with a colleague and funded by Aave Grants DAO. This case study is intended for use in college/university courses.</p></li></ul><h3>📰 Stakeholder News</h3><ul><li><p>@0xmigi from Aave Grants DAO presents <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://governance.aave.com/t/agd-renewal-4-april-2023-halfway-updates/13683">April and “halfway” updates</a> for their fourth renewal. May updates can be <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://governance.aave.com/t/agd-renewal-4-recent-work-updates/11585/5?u=duncand">found here</a>.</p></li><li><p>@Llama posts its first <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://governance.aave.com/t/llama-month-8-update/13393/2">“forward guidance” update</a>, which they intend to do regularly going forward.</p></li></ul><hr><h3>🔮 Upcoming Votes</h3><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjI0OA=="><strong>Price feeds operational update Pt2 - stETH</strong></a></p><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpzbmFwc2hvdDoweDc3OWQxYzQ4MDkyYTQxNDgxYmIxYmNhNDg3ZDI5MWEyYjc3YWY4YThkYjA3ZDBjYjA4ZDc5NTY5NWIxZDA0ZTc="><strong>[TEMP CHECK] Aave | Flipside Proposal</strong></a></p><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpzbmFwc2hvdDoweGNmODU2NDIzMjlkMmYxZjU0YWU4YTU1YmYyNzJlNGZhNmUyMzFkZWUzNzU5OTA3ZjljMmEwZDk0NDdjZWUzMTE="><strong>[TEMP CHECK] GHO Liquidity Pools</strong></a></p><hr><p style="text-align: center"><em>Thank you for reading the Aave Weekly Update. </em></p><p><strong>Quick Gov Links</strong>: <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://docs.aave.com/faq/governance">Governance FAQ</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://docs.aave.com/developers/guides/governance-guide">Governance Docs</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://discord.com/channels/602826299974877205/605528212239286312">Discord Governance Channel</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://snapshot.org/#/aave.eth">Snapshot</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://app.aave.com/governance/">AIPs</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://boardroom.io/aave/overview">Aave on Boardroom</a></p>]]></content:encoded>
            <author>boardroom@newsletter.paragraph.com (Boardroom)</author>
            <category>aave</category>
            <category>weekly update</category>
        </item>
        <item>
            <title><![CDATA[Optimism Weekly Update - June 19, 2023]]></title>
            <link>https://updates.boardroom.io/optimism-weekly-update-june-19,-2023</link>
            <guid>A6DMrcqjgwqw2FD3QAfk</guid>
            <pubDate>Mon, 19 Jun 2023 18:43:39 GMT</pubDate>
            <description><![CDATA[Weekly Update - June 19, 2023Welcome to the Optimism Weekly Update, your guide to what's happening in Optimism governance. ⌛ Key PointsThe Grants Coun...]]></description>
            <content:encoded><![CDATA[<h2>Weekly Update - June 19, 2023</h2><p style="text-align: center"><em>Welcome to the Optimism Weekly Update, your guide to what's happening in Optimism governance. </em></p><hr><h3>⌛ Key Points</h3><ol><li><p>The <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://app.charmverse.io/op-grants/page-701220845245208">Grants Council</a> remains open for Season 4 proposals. Cycle #13 applications will be accepted through June 22nd.</p></li><li><p>Submit your <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.optimism.io/c/intents-and-missions/63">Mission proposals</a> by June 21st, and apply for <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://github.com/orgs/ethereum-optimism/projects/31/views/1">Foundation Missions</a> by June 28th. The voting period for Mission proposals begins on June 29th. To proceed to the voting stage each Mission proposal must receive four endorsements from delegates with enough voting power (.25% of votable supply).</p></li><li><p>You may have noticed a new <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.optimism.io/c/how-to/67">How To category</a> in the forum. It contains stems to resources on subjects like how to <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.optimism.io/t/how-to-stay-up-to-date/6124">stay up to date</a>, how to <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.optimism.io/t/how-to-delegate-op/6123">delegate OP</a>, how to contribute to <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.optimism.io/t/how-to-contribute-to-op-rewards-analytics/6121">OP rewards analytics</a>, and how to <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.optimism.io/t/how-to-get-a-grant/6119">get a grant</a>.</p></li></ol><h3>🗳️ Recent Proposals</h3><p><strong>Mission Proposals</strong>:</p><ul><li><p>Take a look at <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.optimism.io/c/intents-and-missions/63">the category</a> and check out the <em>many</em> interesting ideas.</p></li></ul><p><strong>Foundation Missions</strong> (RFPs):</p><ul><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://github.com/ethereum-optimism/ecosystem-contributions/issues/75">L2 to L1 Message Relayer</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://github.com/ethereum-optimism/ecosystem-contributions/issues/61">Op Stack Zero Knowledge Proof</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://github.com/ethereum-optimism/ecosystem-contributions/issues/60">Dynamic Delegate Attestations</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://github.com/ethereum-optimism/ecosystem-contributions/issues/1">Collective Archive Maintenance</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://github.com/ethereum-optimism/ecosystem-contributions/issues/2">Code of Conduct Enforcement Solution</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://github.com/ethereum-optimism/ecosystem-contributions/issues/63">Leader Election Proof of Concept</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://github.com/ethereum-optimism/ecosystem-contributions/issues/64">Governor v2 Contract</a></p></li></ul><h3>✍️ Forum Highlights</h3><ul><li><p>@chuxin_h from the data team at OP Labs shares <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.optimism.io/t/june-2023-governance-call-op-rewards-analytics-update/6106">grant program analytics</a> for the last month.</p></li><li><p>See the delegate communication thread <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.optimism.io/t/seed-latam-delegate-communication-thread/2950/30?u=duncand">update</a> from @Joxes on behalf of SEED Latam.</p></li></ul><h3>📰 Stakeholder News</h3><ul><li><p>Check out <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://twitter.com/optimismFND/status/1669776415183568899?s=20">This Week in Optimism</a></p></li><li><p>Here's an <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://www.sound.xyz/optimism/v-buterin?referral=0x6eda5acaff7f5964e1ecc3fd61c62570c186ca0c">open edition NFT</a> to commemorate the launch of <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="http://sound.xyz">sound.xyz</a> on OP mainnet. It's a song called "V Buterin" by Optimism Co-founder Ben Jones and sound.xyz Co-founder Gigamesh.</p></li></ul><h3><strong>📅 Upcoming Events</strong></h3><p>The next <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://gov.optimism.io/t/22nd-op-community-governance-call-will-be-june-20th-10am-pt-1pm-et-7pm-cet/6105">Governance Call</a> is scheduled for Tuesday June 20th, 10am PT / 1pm ET / 7pm CET, on <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://www.google.com/url?q=https://us02web.zoom.us/j/84087544843?pwd%3DcVpweHpEa2drYVRDZ1U0UklYSnR1QT09&amp;sa=D&amp;source=calendar&amp;usd=2&amp;usg=AOvVaw22TnqMjK_BYeCshiVu5GCw">Zoom</a>.</p><h3>🔮 Upcoming Votes</h3><p>Qualifying mission proposals will be up for Token House voting beginning on June 29th and extending through July 12th. Be sure to consult the <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://calendar.google.com/calendar/embed?src=c_fnmtguh6noo6qgbni2gperid4k%40group.calendar.google.com&amp;ctz=America%2FNew_York">Governance Calendar</a>.</p><hr><p style="text-align: center"><em>Thank you for reading the Optimism Weekly Update.</em></p><p style="text-align: center"><strong>Quick Gov Links</strong>: <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://gov.optimism.io/t/working-constitution-of-the-optimism-collective/55">Working Constitution</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://gov.optimism.io/t/operating-manual-v0-3-5-the-token-house-and-citizens-house/5868">Operating Manual v0.3. 5</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://vote.optimism.io/">Voting Portal</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://boardroom.io/optimism/overview">Optimism on Boardroom</a></p>]]></content:encoded>
            <author>boardroom@newsletter.paragraph.com (Boardroom)</author>
            <category>optimism</category>
            <category>weekly update</category>
        </item>
        <item>
            <title><![CDATA[Uniswap Weekly Update - June 12, 2023]]></title>
            <link>https://updates.boardroom.io/uniswap-weekly-update-june-12,-2023</link>
            <guid>llLqwPEWxwiFBg3rb5Db</guid>
            <pubDate>Mon, 12 Jun 2023 18:02:56 GMT</pubDate>
            <description><![CDATA[Weekly Update - June 12, 2023Welcome to the Uniswap Weekly Update, your guide to what's happening in Uniswap governance. Click the button below to sub...]]></description>
            <content:encoded><![CDATA[<h2 style="text-align: center">Weekly Update - June 12, 2023</h2><p style="text-align: center"><em>Welcome to the Uniswap Weekly Update, your guide to what's happening in Uniswap governance. Click the button below to </em><strong><em>subscribe</em></strong><em> and </em><strong><em>manage</em></strong><em> which weekly updates you receive by email. </em></p><div data-type="subscribeButton" class="center-contents"><a class="email-subscribe-button" href="https://updates.boardroom.io/subscribe">Subscribe</a></div><hr><h3>⌛ Key Points </h3><ul><li><p>Several <em>Requests for Comment</em> threads regarding what to do with <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.uniswap.org/t/request-for-proposals-arb-distribution/21287">Uniswap's $ARB distribution</a> from the Arbitrum airdrop are active in the forum.  </p></li><li><p>Discussions about the fee switch <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.uniswap.org/t/making-protocol-fees-operational/21198/33">continue</a> in the aftermath of GFX Labs' Snapshot polls. </p></li></ul><hr><h3>🗳️ Proposals</h3><ul><li><p>No new or recent proposals. </p></li></ul><h3>✍️ Forum Highlights</h3><ul><li><p>On June 7th, Uniswap received <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out" href="https://docs.google.com/spreadsheets/d/e/2PACX-1vSSAzkIIJqw4WGKCF9gXFUkQojTt6weQTExZYmp3YRIR2TUjir9N8nh8xg7gQ2wuPA8mJKL2neL--to/pubhtml">~4.4m ARB tokens</a> from the Arbitrum airdrop, prompting Uniswap Foundation governance lead <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out" href="https://gov.uniswap.org/u/eek637">@eek637</a> to issue a request for proposals from the community on what to do with the proceeds, which are subject to the DAO's control. As of now, <strong>nine proposals</strong> have been made for what to do with the $ARB, including:</p><ul><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.uniswap.org/t/rfc-gamma-strategies-distribute-at-least-1-3-of-arb-airdrop-as-liquidity-incentives/21345">Gamma's proposal</a> to "distribute at least 1/3 of $ARB airdrop as liquidity incentives."</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.uniswap.org/t/rfc-gauntlet-dynamic-incentive-optimization-for-uniswap-v3-on-arbitrum/21426">Gauntlet's proposal</a> to "instantiate and dynamically optimize a liquidity mining program on Arbitrum using a portion of Uniswap’s $ARB airdrop."</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.uniswap.org/t/rfc-alastor-w3s-create-a-uni-arb-working-group/21376">Alastor's proposal</a> to "establish a UNI-ARB Working Group."</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.uniswap.org/t/rfc-uniswap-foundation-send-a-portion-of-the-arb-airdrop-to-the-uf/21456">The Uniswap Foundation's proposal</a> to "send 50% of the ARB airdrop to the Foundation’s multisig."</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.uniswap.org/t/rfc-defiedge-comprehensive-two-phase-liquidity-incentivization-for-long-term-growth-on-uniswap-v3-on-arbitrum/21445">DefiEdge's proposal</a> to establish a "liquidity incentivization program."</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.uniswap.org/t/rfc-brincx-real-yield-analytics-and-liquid-vault-derivatives-lvds-for-uniswap-v3/21390">BrincX's proposal</a> to "fund the development of DeFi vaults and analytics focused entirely on increasing Uniswap v3 liquidity on the Arbitrum network." </p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.uniswap.org/t/rfc-flashstake-enabling-upfront-yield-for-uniswap-liquidity-v2-v3/21410/1">Flashstake's proposal</a> to "jump-start time-based yield markets for any Uniswap V3 pair through liquidity mining incentives."</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.uniswap.org/t/rfc-arrakis-finance-liquidity-mining-for-uniswap-v3-via-arrakis/21367">Arrakis Finance's proposal</a> to use $ARB as incentive to bootstrap liquidity on Arbitrum via Arrakis market making products that are built on top of Uniswap V3.</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.uniswap.org/t/rfc-quadrat-0xplasma-labs-66-liquidity-farming-33-gas-refund/21413/1">0xPlasma's proposal</a> to allocate 1/3 of the $ARB "for a gas refund initiative" on Arbitrum and 2/3 to "incentivize liquidity providers."</p></li></ul><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.uniswap.org/t/request-for-proposals-arb-distribution/21287/25">@eek637 has called for delegates</a> to weigh in with their thoughts on these proposals before any proposers attempt to move their ideas forward to the Temperature Check phase of governance.</p></li><li><p>Gauntlet posted a <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.uniswap.org/t/uniswap-liquidity-mining-analysis/21416">Liquidity Mining Analysis</a> in the forum, which examines the results of an "incentives experiment in which UNI incentives were distributed to liquidity providers (LPs) of specific Uniswap pools on Optimism." They concluded that "the results from the Phase 2 Optimism experiment in general support the thesis that a sustained impact can be achieved by liquidity mining through the liquidity → volume bootstrapping mechanism for some pools," which contradicts existing research pointing to liquidity obtained through these incentives did not stick around.  </p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://gov.uniswap.org/t/making-protocol-fees-operational/21198/33">The fee switch discourse continues</a>, albeit less intensely than two weeks ago when GFXLabs' Snapshot polls were live. GFX Labs has indicated that they will use the results of <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://gov.uniswap.org/t/making-protocol-fees-operational/21198/28">these three Snapshot polls</a> to inform a formal Temperature Check vote, which has not yet been introduced. On May 31st, a16z - which has thus far opposed turning on a fee switch - <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://gov.uniswap.org/t/making-protocol-fees-operational/21198/29">signaled that they will provide an update</a> on their research on the topic some time in June. </p></li></ul><h3>📰 Stakeholder/Delegate News</h3><ul><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/voter/0x1855f41B8A86e701E33199DE7C25d3e3830698ba">Keyrock</a> updated their delegate platform based on their recent voting activity. <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.uniswap.org/t/keyrock-delegate-platform/21243/3">View it here</a>. </p></li></ul><h3>📅 Upcoming Events</h3><p>There are no upcoming events. </p><h3>🔮 Upcoming Votes</h3><p>There are no upcoming votes in the queue. </p><hr><p style="text-align: center"><em>Thank you for reading the Uniswap Weekly Governance Update. </em></p><p style="text-align: center"><em> Subscribe and manage which weekly updates you receive at the link below. </em></p><div data-type="subscribeButton" class="center-contents"><a class="email-subscribe-button" href="https://updates.boardroom.io/subscribe">Subscribe</a></div><p style="text-align: center"><strong>Quick Gov Links</strong>: <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.uniswap.org/t/community-governance-process-update-jan-2023/19976">Governance Overview</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/uniswap/overview">Uniswap on Boardroom</a></p><p></p>]]></content:encoded>
            <author>boardroom@newsletter.paragraph.com (Boardroom)</author>
            <category>uniswap</category>
            <category>weekly update</category>
            <category>daos</category>
            <category>defi</category>
            <category>cryptocurrency</category>
        </item>
        <item>
            <title><![CDATA[Compound Weekly Update - June 12, 2023]]></title>
            <link>https://updates.boardroom.io/compound-weekly-update-june-12,-2023</link>
            <guid>5SjfxocK5w8X4tIcNIJd</guid>
            <pubDate>Mon, 12 Jun 2023 17:33:37 GMT</pubDate>
            <description><![CDATA[Weekly Update - June 12, 2023Welcome to the Compound Weekly Update, your guide to what's happening in Compound governance. Click the button below to s...]]></description>
            <content:encoded><![CDATA[<h2 style="text-align: center">Weekly Update - June 12, 2023</h2><p><em>Welcome to the Compound Weekly Update, your guide to what's happening in Compound governance. Click the button below to </em><strong><em>subscribe</em></strong><em> and </em><strong><em>manage</em></strong><em> which weekly updates you receive by email. </em></p><div data-type="subscribeButton" class="center-contents"><a class="email-subscribe-button" href="https://updates.boardroom.io/subscribe">Subscribe</a></div><hr><h3>⌛ Key Points </h3><ul><li><p>There are no new proposals this week. Proposals to add MaticX (from Stader Labs) and stMatic (from Lido) are expected in the coming days or weeks, following a <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://www.comp.xyz/t/stmatic-compound-listing/4293/18?u=boardroom">risk analysis</a>. </p></li><li><p>In the forums, @oiclid posted Compound Monthly Reports for April and May and Gauntlet provided updates on the aftermath of <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://compound.finance/governance/proposals/161">Compound Proposal 161</a> and signaled that a proposal may be coming to adjust certain interest rate curves to benefit v2 to v3 migration.</p></li></ul><hr><h3>🗳️ Proposals</h3><ul><li><p>No new or recent proposals. </p></li></ul><h3>✍️ Forum Highlights</h3><ul><li><p>@oiclid published the <em>Compound Monthly Financial Report &amp; Analysis</em> for April and May this week.</p><ul><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gallifreylabs.substack.com/p/compound-monthly-financial-report-d9f">Link to April report</a>.</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gallifreylabs.substack.com/p/compound-monthly-financial-report-978">Link to May report</a>. </p></li></ul></li><li><p>Gauntlet <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://www.comp.xyz/t/polygon-compound-v3-usdc-update-6-8-23/4371/1">provided an update</a> on the effects of <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://compound.finance/governance/proposals/161">Compound Proposal 161</a> - passed May 18, 2023 - which they had hoped would lead to growth in Polygon Compound v3 USDC supply by attracting large USDC holders. As a result of the 34.73 daily COMP rewards allocated to USDC suppliers and increased supply caps for collateral assets, Gauntlet reports +222% in USDC supplied and +163% in USDC borrowed in the protocol. </p></li><li><p>Gauntlet also <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://www.comp.xyz/t/compound-v2-v3-migration-updates-from-gauntlet/4216/5?u=boardroom">posted in comp.xyz</a> about the state of v2 to v3 migration and signaled that they may introduce a proposal to adjust interest rate curves to increase borrowable USDC if "new USDC suppliers [don't] join the protocol to take advantage of the increased Earn APR." As of their update on June 6th, "utilization in the Ethereum Compound v3 USDC comet is ... 99%."</p></li></ul><h3>📰 Stakeholder News</h3><ul><li><p><strong>THREE MORE DAYS</strong> to re-delegate your tokens to FranklinDAO's new hard wallet address for franklindao.eth: 0xCc878369b26127BD4bC1B0B465bC8bE9b92a4c62. <br><br>If you are currently delegating to FranklinDAO at 0x070341aA5Ed571f0FB2c4a5641409B1A46b4961b and haven't yet switched the address:</p></li></ul><div><div class="callout-base callout-info" data-node-view-wrapper="" style="white-space:normal"><img src="https://paragraph.xyz/editor/callout/information-icon.png" class="callout-button"><div class="callout-content"><div><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out" href="https://boardroom.io/feed/settings/delegate">Click here to re-delegate your tokens on Boardroom. </a></p></div></div></div></div><h3>📞 Developer Community Call Summary </h3><p>Compound's most recent Developer Community Call was May 31, 2023. <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://drive.google.com/file/d/1sEXmzWzW1W0pij06iLuFNt5TnC5zv1Ks/view">Click here to listen to the recording</a>. Here's what was discussed:</p><ul><li><p>Adam from Compound Labs shared details about Compound Grants' $5,000 prize at the ETH Waterloo hackathon, which will take place June 23rd through June 25th. </p></li><li><p>Paul from Gauntlet discussed Compound Proposal 163 (which passed on June 2nd, two days after the call) and Compound's work on incentive optimization more broadly. He also discussed <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://www.comp.xyz/t/ethereum-compound-v3-usdc-gauntlet-ir-curve-recommendations-5-16-23/4307">Gauntlet's adjustment to the v2 to v3 migration plan</a>, which paused the migration of rewards to v3 in favor of changing the USDC interest rate curve to increase utilization.</p></li><li><p>Tyler from Boardroom (that's us!) shared details about the content we're producing related to Compound governance and asked for <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://questbook.app/dashboard/?role=community&amp;grantId=0xeb047900b28a9f90f3c0e65768b23e7542a65163&amp;chainId=10&amp;proposalId=0x304&amp;isRenderingProposalBody=true">feedback on our proposal</a> with Compound Grants. </p></li><li><p>The Lido team joined to discuss their <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://www.comp.xyz/t/stmatic-compound-listing/4293/17">proposal on comp.xyz</a> to add stMatic as a collateral asset on Compound's Polygon deployment. Adam and Kevin from Compound Labs asked follow up questions about use cases for stMatic and suggested that Compound start with a USDC market before adding additional markets. </p></li><li><p>Next, the Stader Labs team called attention to <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://www.comp.xyz/t/listing-maticx-on-compound/4306/10">their proposal</a> to add MaticX as a collateral asset. Kevin from Compound Labs asked about Stader's structure and their plans for decentralization. Stader is in the process of transitioning to a DAO, which will take place over the next one to two quarters. </p></li><li><p>Other topics of conversation related to both Lido and Stader's presentations included a discussion about the difference between stMatic and MaticX as well as technical requirements for eventually implementing their proposals (e.g. Chainlink price feeds). </p></li></ul><h3>📅 Upcoming Events</h3><p>The next Compound Developer Community Call will be on June 14, 2023 at 12pm ET <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out" href="https://discord.gg/YvZcjHqv?event=1075863462560931891">in the Compound Discord</a>. </p><h3>🔮 Upcoming Votes</h3><p>There are no upcoming votes. </p><hr><p style="text-align: center"><em>Thank you for reading the Compound Weekly Governance Update. </em></p><p style="text-align: center"><em> Subscribe and manage which weekly updates you receive at the link below. </em></p><div data-type="subscribeButton" class="center-contents"><a class="email-subscribe-button" href="https://updates.boardroom.io/subscribe">Subscribe</a></div><p style="text-align: center"><strong>Quick Gov Links</strong>: <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out" href="https://compound.finance/governance">Governance Overview</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out" href="https://docs.compound.finance/governance/">Governance Docs</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out" href="https://boardroom.io/compound/overview">Compound on Boardroom</a></p>]]></content:encoded>
            <author>boardroom@newsletter.paragraph.com (Boardroom)</author>
            <category>compound</category>
            <category>weekly update</category>
            <category>daos</category>
            <category>defi</category>
            <category>cryptocurrency</category>
        </item>
        <item>
            <title><![CDATA[Optimism Weekly Update - June 12, 2023]]></title>
            <link>https://updates.boardroom.io/optimism-weekly-update-june-12,-2023</link>
            <guid>bFN4TmsXiffPIfukN0S4</guid>
            <pubDate>Mon, 12 Jun 2023 16:48:55 GMT</pubDate>
            <description><![CDATA[Weekly Update - June 12, 2023Welcome to the Optimism Weekly Update, your guide to what's happening in Optimism governance. Click the button below to s...]]></description>
            <content:encoded><![CDATA[<h2>Weekly Update - June 12, 2023</h2><p style="text-align: center"><em>Welcome to the Optimism Weekly Update, your guide to what's happening in Optimism governance. Click the button below to </em><strong><em>subscribe</em></strong><em> and </em><strong><em>manage</em></strong><em> which weekly updates you receive by email.</em></p><div data-type="subscribeButton" class="center-contents"><a class="email-subscribe-button" href="https://updates.boardroom.io/subscribe">Subscribe</a></div><hr><h3>⌛ Key Points</h3><p>Season 4 is upon us, through September 20th. It will span three Cycles, the first of which is Cycle #13, which runs until July 12th.</p><p>The <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://app.charmverse.io/op-grants/page-701220845245208">Grants Council</a> is open for Season 4 proposals. Cycle #13 applications will be accepted through June 22nd. See the <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.optimism.io/t/season-4-grants-council-kickoff/6082">kickoff announcement</a> for more details. Draft <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.optimism.io/t/season-4-cycle-13-draft-review-rubrics/6065">review rubrics</a> have been posted for community feedback.</p><p>Submit your <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.optimism.io/c/intents-and-missions/63">Mission proposals</a> by June 21st, and apply for <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://github.com/orgs/ethereum-optimism/projects/31/views/1">Foundation Missions</a> by June 28th.</p><h3>🗳️ Recent Proposals</h3><p>Mission Proposals:</p><ul><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.optimism.io/t/superchain-governance-deep-dive/5920">Superchain Governance Deep Dive</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.optimism.io/t/draft-proposal-for-educational-series-at-universities/6000">Proposal for Educational Series at Universities</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.optimism.io/t/draft-the-blockchain-gazette-proposal/6044">The Blockchain Gazette Proposal</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.optimism.io/t/draft-delegate-corner-podcast-mission-proposal/6058">Delegate Corner Podcast</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.optimism.io/t/draft-op-stack-zero-knowledge-proof-mission-proposal/6089">OP Stack Zero Knowledge Proof</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.optimism.io/t/draft-technerd-program/6087">TechNERD Program</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.optimism.io/t/draft-numbanerd-program/6086">NumbaNERD Program</a></p></li></ul><p>Foundation Missions (RFPs):</p><ul><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://github.com/ethereum-optimism/ecosystem-contributions/issues/61">Op Stack Zero Knowledge Proof</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://github.com/ethereum-optimism/ecosystem-contributions/issues/60">Dynamic Delegate Attestations</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://github.com/ethereum-optimism/ecosystem-contributions/issues/1">Collective Archive Maintenance</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://github.com/ethereum-optimism/ecosystem-contributions/issues/2">Code of Conduct Enforcement Solution</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://github.com/ethereum-optimism/ecosystem-contributions/issues/63">Leader Election Proof of Concept</a></p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://github.com/ethereum-optimism/ecosystem-contributions/issues/64">Governor v2 Contract</a></p></li></ul><h3>✍️ Forum Highlights</h3><ul><li><p>@lee00007 kicks off <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.optimism.io/t/measuring-impact-data-driven-performance-for-quality-content/6092">a conversation</a> about “date-driven performance for quality content” that supports Optimism’s ethos.</p></li><li><p>@Gonna.eth explains <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.optimism.io/t/the-rationale-behind-the-new-grants-council-platform/6081">the rationale</a> for the new Grants Council platform, Charmverse.</p></li><li><p>There are <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.optimism.io/c/governance/delegate-updates/45">delegate communication</a> thread updates from @PGov and @blockchainatusc.</p></li></ul><h3>📰 Stakeholder News</h3><ul><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://twitter.com/OptimismGrants/status/1667279257196969984?s=20">So far</a> “more than 39k contributors have donated $98k to the co-granting pool,” a new feature of Season 4.</p></li><li><p>The Bedrock upgrade <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://twitter.com/TheBlock__/status/1667163083112865794?s=20">saved $150k in transaction fees</a> by June 9th, according to <em>The Block</em>.</p></li><li><p>Here’s This Week <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://twitter.com/optimismFND/status/1667305584285323265?s=20">in Optimism</a></p></li><li><p>Check out OP Radio #34 with <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://twitter.com/i/spaces/1rmxPkAPbnMJN?s=20">Karl &amp; Ben</a>.</p></li></ul><h3><strong>📅 Upcoming Events</strong></h3><p>A <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://drive.google.com/file/d/1OFcPGUsis4gmIDt7KUpkvoa2frQKAp4n/view?usp=sharing">recording</a> and recap of last week’s Governance call can be found <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.optimism.io/t/recording-and-recap-21st-op-community-governance-call-tuesday-june-6th/6039">here</a>. The next Governance Call is scheduled for Tuesday June 20th, 10am PT / 1pm ET / 7pm CET. Keep your eyes on the forum for details.</p><h3>🔮 Upcoming Votes</h3><p>Qualifying mission proposals will be up for Token House voting beginning on June 29th and extending through July 12th. Be sure to consult the <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://calendar.google.com/calendar/embed?src=c_fnmtguh6noo6qgbni2gperid4k%40group.calendar.google.com&amp;ctz=America%2FNew_York">Governance Calendar</a>.</p><hr><p style="text-align: center"><em>Thank you for reading the Optimism Weekly Update.</em></p><p style="text-align: center"><em>Subscribe below to receive each week's update in your inbox.</em></p><div data-type="subscribeButton" class="center-contents"><a class="email-subscribe-button" href="https://updates.boardroom.io/subscribe">Subscribe</a></div><p><strong>Quick Gov Links</strong>: <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.optimism.io/t/working-constitution-of-the-optimism-collective/55">Working Constitution</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.optimism.io/t/operating-manual-v0-3-5-the-token-house-and-citizens-house/5868">Operating Manual v0.3. 5</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://vote.optimism.io/">Voting Portal</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/optimism/overview">Optimism on Boardroom</a></p>]]></content:encoded>
            <author>boardroom@newsletter.paragraph.com (Boardroom)</author>
            <category>weekly update</category>
            <category>optimism</category>
        </item>
        <item>
            <title><![CDATA[Aave Weekly Update - June 12, 2023]]></title>
            <link>https://updates.boardroom.io/aave-weekly-update-june-12,-2023</link>
            <guid>8pCzDRjtw1rzDfwjkCby</guid>
            <pubDate>Mon, 12 Jun 2023 16:47:46 GMT</pubDate>
            <description><![CDATA[Weekly Update - June 12, 2023Welcome to the Aave Weekly Update, your guide to what's happening in Aave governance. Click the button below to subscribe...]]></description>
            <content:encoded><![CDATA[<h2 style="text-align: center">Weekly Update - June 12, 2023</h2><p style="text-align: center"><em>Welcome to the Aave Weekly Update, your guide to what's happening in Aave governance. Click the button below to </em><strong><em>subscribe</em></strong><em> and </em><strong><em>manage</em></strong><em> which weekly updates you receive by email.</em></p><div data-type="subscribeButton" class="center-contents"><a class="email-subscribe-button" href="https://updates.boardroom.io/subscribe">Subscribe</a></div><hr><h3>⌛ Key Points </h3><p>ICYMI: Aave Companies posted a request for comment that proposes to <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arfc-gho-mainnet-launch/13574">launch GHO</a>, an Aave native stablecoin. If approved through the usual process by the Aave DAO, GHO will become live on Ethereum mainnet.</p><p>The Risk Stewards — Chaos Labs and Gauntlet — remain quite active in their use of the streamlined process <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjIzNA==">recently approved</a> by governance — while <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arfc-polygon-supply-cap-update-23-05-2023/13190/9?u=duncand">upholding standards</a>.</p><hr><h3>🗳️ Recent Proposals</h3><p><strong>Aave Improvement Proposals</strong></p><ul><li><p><strong>Polygon Supply Cap Update</strong> (<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjI0MQ==">241</a>)</p><ul><li><p><em>Summary</em>: This proposal aims to increase the stMATIC and MaticX Supply Caps on Polygon to 40M units and 38M units respectively. The current utilization of these supply caps has reached 100%, causing difficulties for strategies built on the Aave Protocol to deposit into these reserves. Increasing the supply caps will enable users to deposit funds and facilitate the creation of yield aggregation products, addressing frustrations experienced by communities that have invested resources in building on Aave v3.</p></li><li><p><em>Proposer</em>: Llama</p></li><li><p><em>Status</em>: Ends on June 14 </p></li></ul></li><li><p><strong>Add LUSD to Arbitrum Aave V3</strong> (<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjI0MA==">240</a>)</p><ul><li><p><em>Summary</em>: This proposal suggests adding LUSD, a decentralized stablecoin backed by ETH, to Aave Arbitrum v3 with collateral disabled (LTV 0%) but borrowing enabled. The addition of LUSD to Arbitrum aims to promote stablecoin diversity and leverage the trustless nature of Liquidity Protocol. LUSD has overcollateralization mechanisms and is currently listed on Ethereum v3, Ethereum v2, and Optimism v3 deployments.</p></li><li><p><em>Proposer</em>: Llama</p></li><li><p><em>Status</em>: Failed to reach quorum. </p></li></ul></li><li><p><strong>Deprecate Aave V2 AMM Market</strong> (<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjIzOQ==">239</a>)</p><ul><li><p><em>Summary</em>: The proposal recommends deprecating the Aave V2 AMM market due to its low usage and risk/reward profile. The proposal suggests freezing all assets (DAI, USDC, USDT, WBTC, ETH) in the AMM V2 market without liquidating positions. </p></li><li><p><em>Proposer</em>: Gauntlet</p></li><li><p><em>Status</em>: Executed on June 12</p></li></ul></li><li><p><strong>Update Mai Token implementations, unpause &amp; enable flashloanable</strong> (<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjIzOA==">238</a>)</p><ul><li><p><em>Summary</em>: This proposal aims to update the MAI a/s/v token implementations on Optimism and Arbitrum to align with Aave 3.0.2. It also sets the MAI reserve as flashloanable and resolves issues related to repayments and liquidations by upgrading token implementations, enabling the flashloanable flag, and unpausing the reserve.</p></li><li><p><em>Proposer</em>: BGD Labs</p></li><li><p><em>Status</em>: Executed on June 11</p></li></ul></li><li><p><strong>BUSD Offboarding Plan Part II</strong> (<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjIzNw==">237</a>)</p><ul><li><p><em>Summary</em>: This proposal suggests making changes to the InterestRate Strategy of the BUSD reserve on the Aave V2 Ethereum pool and withdrawing POL aBUSD from the Aave V2 Ethereum pool. The motivation behind these actions is to create unsustainable positions for remaining borrowers, encouraging them to repay or reach liquidation thresholds. The specified parameters include modifying risk parameters to increase the aggressiveness of the interest rate curve and removing Protocol Owned Liquidity aBUSD to increase the utilization ratio and cost of open positions.</p></li><li><p><em>Proposer</em>: Aave Chan Initiative</p></li><li><p><em>Status</em>: Executed on June 9</p></li></ul></li></ul><p><strong>On Snapshot</strong></p><ul><li><p><strong>[</strong><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpzbmFwc2hvdDoweDcyN2ZiNWUyNmViYWUwMzM1MGQyNDg1YmYyMjljYmUzMmYyZTdjZjdjMjZkZmU4MmFjYjUyYjcyYjY4ODk0YzE="><strong>ARFC</strong></a><strong>] Add USDP to Aave V3 Ethereum</strong>. Ended on June 11 with 53.7% voting YAE.</p></li><li><p><strong>[</strong><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpzbmFwc2hvdDoweDdhYzBlNTgwMjAwNDBlOThkNmY1NzkzY2NhZDllMjlkZmQ2OWM0NzcxYmExMjQ4MGYyZjY2NmMxZGE4ZmJjN2M="><strong>ARFC</strong></a><strong>] Add GUSD to Aave V3 Ethereum</strong>. Ended on June 11 with 99.78% voting YAE.</p></li><li><p><strong>[</strong><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpzbmFwc2hvdDoweDMwODQzOTUxN2ZmYzhmYWE4NzA5ZGIwYjRhMWQxMzFkMjQwMmVlOGEzMjgyY2I3OWFkZjg5MGRlNjEzNWVjOTg="><strong>ARFC</strong></a><strong>] Add ARB to Arbitrum Aave v3</strong>. Ended on June 9 with 86.92% voting YAE.</p></li><li><p><strong>[</strong><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpzbmFwc2hvdDoweDZmMmQ1ZGM2ZWUxZWUyNWYwNDUxYjE0NjFhZGU4MzdiYTQ3MzMzODZkNDE2MTk5OGQzYmE0YWU5MzU1NTBiM2Q="><strong>TEMP CHECK</strong></a><strong>] Aave V3 Deployment on Base</strong>. Ended on June 9 with 84.2% voting YAE.</p></li><li><p><strong>[</strong><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpzbmFwc2hvdDoweGQwZTE1N2VmNDRiNTQyOWRmN2U0MTIxMjZkNjMyYWZhMTE5MmY4NGZhNjA0NWRjZGNhZWQ2MWJjNzlhZDFiNDU="><strong>ARFC</strong></a><strong>] Polygon v3 Supply Cap Update 2023.05.21</strong>. Ended on June 8 with 82.73% Voting YAE.</p></li></ul><p><strong>In discussion</strong></p><ul><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arfc-add-native-usdc-to-the-arbitrum-v3-pool/13568">ARFC</a>] Add native USDC to the Arbitrum V3 pool</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arfc-increase-wsteth-supply-cap-on-optimism/13602">ARFC</a>] Increase wstETH supply cap on Optimism</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arfc-emode-risk-parameters-aave-eth-v3-pool-update/13570">ARFC</a>] Emode Risk Parameters Aave ETH V3 Pool Update</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arfc-use-risk-stewards-to-increase-wsteth-supply-cap/13578">ARFC</a>] Use Risk Stewards to Increase wstETH Supply Cap</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arfc-risk-stewards-increase-borrow-cap-weth-arbitrum/13616">ARFC</a>] - Risk Stewards - Increase Borrow Cap WETH Arbitrum</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arfc-gas-rebate-for-recognized-delegates/13290/3?u=duncand">ARFC</a>] Gas Rebate for Recognized Delegates</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arfc-usdt-risk-parameters-update-aave-v3-eth-pool/13571">ARFC</a>] USDT Risk Parameters Update Aave V3 ETH Pool</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arfc-gho-mainnet-launch/13574">ARFC</a>] GHO Mainnet Launch</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arc-add-sushi-to-aavev3-on-mainnet/13122/3?u=duncand">ARC</a>] Add SUSHI to Aave V3 on Mainnet</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/temp-check-allocating-part-of-gho-revenue-to-safety-incentives/13596">TEMP CHECK</a>] Allocating part of GHO Revenue to Safety Incentives</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/temp-check-integrating-makerdaos-dsr-into-aave-v3-ethereum-pool/13360/4?u=duncand">TEMP CHECK</a>] Integrating MakerDAO’s DSR into Aave V3 Ethereum Pool</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/temp-check-aave-flipside-proposal/13600">TEMP CHECK</a>] Aave | Flipside Proposal</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/temp-check-freeze-mai-from-aave/13147/9?u=duncand">TEMP CHECK</a>] Freeze MAI from Aave</p></li></ul><h3>✍️ Forum Highlights</h3><ul><li><p>Chaos Labs <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/market-alert-high-price-volatility-and-liquidations/13633">alerts us</a> to high price volatility and liquidations, likely due to recent SEC filings against Binance and Coinbase.</p></li><li><p>@Gauntlet provides a <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/gauntlet-monthly-updates/11567/7">recap</a> of their activities during the month of May in the categories of Quantitative Research, Recommendations, Risk Modeling, Risk Monitoring &amp; Alerting, and Feature Upgrades.</p></li><li><p>@noturhandle <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/temp-check-incentivized-delegate-campaign-3-month/11732/16?u=duncand">presents</a> @TokenLogic’s delegate activity report for the first half of May — an outcome of the <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/temp-check-incentivized-delegate-campaign-3-month/11732">incentivized delegate campaign</a>.</p></li><li><p>Check out delegate platform <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/c/delegate-platforms/27">updates from</a> @lbsblockchain, @WintermuteGovernance, and @0xkeyrock.eth.</p></li><li><p>The <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/gauntlet-synchronicity-price-adapter-killswitch-functionality-for-lst-emode/13224/5?u=duncand">discussion</a> of Gauntlet’s recommendation of a Synchronicity Price Adapter “killswitch” for LST emode continues.</p></li><li><p>@bgdlabs presents a <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/bgd-technical-analysis-aave-optimism-bedrock-upgrade/13554">technical analysis</a> of the Optimism Bedrock upgrade — pointing out that it “should not affect the Aave system.”</p></li></ul><h3>📰 Stakeholder News</h3><ul><li><p>Aave Grants DAO <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://twitter.com/AaveGrants/status/1667243852795904000?s=20">highlights grantees</a> Silent Protocol and Anthias.</p><p></p></li></ul><hr><h3>🔮 Upcoming Votes</h3><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpzbmFwc2hvdDoweGM2OGZlNjU4YTE1YWYwZmYzNDZjODEyYzhkMWE2YzNhNjI3NjEyY2Q5NjI3NzQwM2M0YWVlZGI2MjMyYjQ3YjI="><strong>[TEMP CHECK] Pyth to Support AAVE on Optimism as a Secondary Oracle</strong></a></p><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpzbmFwc2hvdDoweGM2OGZlNjU4YTE1YWYwZmYzNDZjODEyYzhkMWE2YzNhNjI3NjEyY2Q5NjI3NzQwM2M0YWVlZGI2MjMyYjQ3YjI="><strong>[TEMP CHECK] Aave v3 MVP deployment on Scroll mainnet</strong></a></p><hr><p style="text-align: center"><em>Thank you for reading the Aave Weekly Update. </em></p><p style="text-align: center"><em>Subscribe below to receive each week's update in your inbox. </em></p><div data-type="subscribeButton" class="center-contents"><a class="email-subscribe-button" href="https://updates.boardroom.io/subscribe">Subscribe</a></div><p></p><p><strong>Quick Gov Links</strong>: <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://docs.aave.com/faq/governance">Governance FAQ</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://docs.aave.com/developers/guides/governance-guide">Governance Docs</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://discord.com/channels/602826299974877205/605528212239286312">Discord Governance Channel</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://snapshot.org/#/aave.eth">Snapshot</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://app.aave.com/governance/">AIPs</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://boardroom.io/aave/overview">Aave on Boardroom</a></p>]]></content:encoded>
            <author>boardroom@newsletter.paragraph.com (Boardroom)</author>
            <category>weekly update</category>
            <category>aave</category>
        </item>
        <item>
            <title><![CDATA[Compound Weekly Update - June 5, 2023]]></title>
            <link>https://updates.boardroom.io/compound-weekly-update-june-5,-2023</link>
            <guid>HGftgLicbeBvH5IpPEbL</guid>
            <pubDate>Tue, 06 Jun 2023 16:38:37 GMT</pubDate>
            <description><![CDATA[Week of June 5, 2023Welcome to the Compound Weekly Update, your guide to what's happening in Compound governance. Click the button below to subscribe ...]]></description>
            <content:encoded><![CDATA[<h2 style="text-align: center">Weekly Update - June 5, 2023</h2><p style="text-align: center"><em>Welcome to the Compound Weekly Update, your guide to what's happening in Compound governance. Click the button below to </em><strong><em>subscribe</em></strong><em> and </em><strong><em>manage</em></strong><em> which weekly updates you receive by email. </em></p><div data-type="subscribeButton" class="center-contents"><a class="email-subscribe-button" href="https://updates.boardroom.io/subscribe">Subscribe</a></div><hr><h3>⌛ Key Points </h3><p>This week, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://compound.finance/governance/proposals/163">Compound Proposal 163</a> passed, with 18 voters casting 917,588 votes For and 0 Against. </p><p>In the <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://www.comp.xyz/">forum</a>, discussions continued about adding two different Polygon staking tokens - MaticX from Stader and stMatic from Lido - as collateral assets. Proposals related to these discussions are likely to be introduced soon. </p><p>Finally, the Compound Developer Community Call took place on Wednesday, May 31st. </p><hr><h3>🗳️ Recent Proposals</h3><ul><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out" href="https://boardroom.io/compound/proposal/cHJvcG9zYWw6Y29tcG91bmQ6b25jaGFpbjoxNjM=">Gauntlet &lt;&gt; Compound Incentive Optimization</a> (<strong>Compound 163</strong>)</p><ul><li><p><em>Summary: </em>A proposal to formalize and expand Gauntlet’s existing work with Compound on continuous incentive optimization for Compound’s rewards.</p><p>As part of the engagement scope, Gauntlet will provide Compound with a quantitative framework to evaluate the success or failure of incentive optimization. Gauntlet will leverage its Incentive Optimization Platform to provide recommendations adjusting incentives across Compound V2 and Comet markets to drive sustainable, efficient growth.</p><p>The service fee structure is a $300K fixed fee, paid in $COMP tokens, as well as a <a target="__blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out details-panel__link" href="https://www.comp.xyz/t/gauntlet-compound-incentive-optimization/4267#:~:text=in%20COMP%20tokens-,Performance%2DBased%20Fee%3A,-10%25%20of%20Improvements">variable performance fee</a>. This proposal only implements the $300K fixed fee portion, which will be paid via a year long Sablier stream of 7,989 $COMP tokens. </p><p><a target="__blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out details-panel__link" href="https://www.comp.xyz/t/gauntlet-compound-incentive-optimization/4267">Full proposal and forum discussion</a>. </p></li><li><p><em>Proposer</em>: <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out sc-dGHKFW eVxoUt" href="https://boardroom.io/voter/0x683a4F9915D6216f73d6Df50151725036bD26C02">gauntletgov.eth</a></p></li><li><p><em>Status</em>: Passed</p></li></ul></li></ul><h3>✍️ Forum Highlights</h3><ul><li><p>Gauntlet <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://www.comp.xyz/t/gauntlet-compound-incentive-optimization/4267/7?">shared</a> the 30-day $COMP Volume-Weighted Asset Price (VWAP) that will be used to determine the amount of tokens streamed to them as compensation for their incentive optimization service per Compound Proposal 163. The 30-day $COMP VWAP is $37.55, which translates to 7,989 $COMP tokens for the $300k fixed fee Sablier stream. </p></li><li><p>On the thread regarding Stader Labs' <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out" href="https://www.comp.xyz/t/listing-maticx-on-compound/4306">proposal on </a><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out" href="http://comp.xyz">comp.xyz</a> to add MaticX as a collateral asset on Compound, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://www.comp.xyz/t/listing-maticx-on-compound/4306/10?u=boardroom">user @dcota noted</a> that MaticX "is currently maxed out as a collateral in the other money market in where MaticX is currently accepted."  </p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://twitter.com/fujifinance">Fuji Finance</a>, which received a grant from the Compound Grants Program to build a cross-chain migration tool, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://www.comp.xyz/t/introduction-fuji-finance-cross-chain-money-market-aggregator/4353">introduced themselves in the forum</a>, outlined the problem they're solving, and explained how their solution works. </p></li></ul><h3>📰 Stakeholder News</h3><ul><li><p>FranklinDAO (aka Penn Blockchain) announced that they are switching their franklindao.eth delegate profile to a hard wallet: 0xCc878369b26127BD4bC1B0B465bC8bE9b92a4c62. If you are currently delegating to FranklinDAO at 0x070341aA5Ed571f0FB2c4a5641409B1A46b4961b, you have until <strong>June 15th</strong> to re-delegate your tokens. </p></li></ul><div><div class="callout-base callout-info" data-node-view-wrapper="" style="white-space:normal"><img src="https://paragraph.xyz/editor/callout/information-icon.png" class="callout-button"><div class="callout-content"><div><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://boardroom.io/feed/settings/delegate">Click here to re-delegate your tokens on Boardroom. </a></p></div></div></div></div><h3>📞 Developer Community Call Summary </h3><p>Compound's most recent Developer Community Call was May 31, 2023. <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://drive.google.com/file/d/1sEXmzWzW1W0pij06iLuFNt5TnC5zv1Ks/view">Click here to listen to the recording</a>. Here's what was discussed:</p><ul><li><p>Adam from Compound Labs shared details about Compound Grants' $5,000 prize at the ETH Waterloo hackathon, which will take place June 23rd through June 25th. </p></li><li><p>Paul from Gauntlet discussed Compound Proposal 163 (which passed on June 2nd, two days after the call) and Compound's work on incentive optimization more broadly. He also discussed <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://www.comp.xyz/t/ethereum-compound-v3-usdc-gauntlet-ir-curve-recommendations-5-16-23/4307">Gauntlet's adjustment to the v2 to v3 migration plan</a>, which paused the migration of rewards to v3 in favor of changing the USDC interest rate curve to increase utilization.</p></li><li><p>Tyler from Boardroom (that's us!) shared details about the content we're producing related to Compound governance and asked for <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://questbook.app/dashboard/?role=community&amp;grantId=0xeb047900b28a9f90f3c0e65768b23e7542a65163&amp;chainId=10&amp;proposalId=0x304&amp;isRenderingProposalBody=true">feedback on our proposal</a> with Compound Grants. </p></li><li><p>The Lido team joined to discuss their <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://www.comp.xyz/t/stmatic-compound-listing/4293/17">proposal on comp.xyz</a> to add stMatic as a collateral asset on Compound's Polygon deployment. Adam and Kevin from Compound Labs asked follow up questions about use cases for stMatic and suggested that Compound start with a USDC market before adding additional markets. </p></li><li><p>Next, the Stader Labs team called attention to <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://www.comp.xyz/t/listing-maticx-on-compound/4306/10">their proposal</a> to add MaticX as a collateral asset. Kevin from Compound Labs asked about Stader's structure and their plans for decentralization. Stader is in the process of transitioning to a DAO, which will take place over the next one to two quarters. </p></li><li><p>Other topics of conversation related to both Lido and Stader's presentations included a discussion about the difference between stMatic and MaticX as well as technical requirements for eventually implementing their proposals (e.g. Chainlink price feeds). </p></li></ul><h3>📅 Upcoming Events</h3><p>The next Compound Developer Community Call will be on June 14, 2023 at 12pm ET <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://discord.gg/YvZcjHqv?event=1075863462560931891">in the Compound Discord</a>. </p><h3>🔮 Upcoming Votes</h3><p>There are no upcoming votes. </p><hr><p style="text-align: center"><em>Thank you for reading the Compound Weekly Governance Update. </em></p><p style="text-align: center"><em> Subscribe and manage which weekly updates you receive at the link below. </em></p><div data-type="subscribeButton" class="center-contents"><a class="email-subscribe-button" href="https://updates.boardroom.io/subscribe">Subscribe</a></div><p style="text-align: center"><strong>Quick Gov Links</strong>: <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://compound.finance/governance">Governance Overview</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://docs.compound.finance/governance/">Governance Docs</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out" href="https://boardroom.io/compound/overview">Compound on Boardroom</a></p>]]></content:encoded>
            <author>boardroom@newsletter.paragraph.com (Boardroom)</author>
            <category>compound</category>
            <category>weekly update</category>
        </item>
        <item>
            <title><![CDATA[Optimism Weekly Update - June 5, 2023]]></title>
            <link>https://updates.boardroom.io/optimism-weekly-update-june-5,-2023</link>
            <guid>LZCJd4gg5BmtyvcwwAdU</guid>
            <pubDate>Tue, 06 Jun 2023 14:44:26 GMT</pubDate>
            <description><![CDATA[Week of May 29, 2023Welcome to the OptimismWeekly Update, your guide to what's happening in Optimism governance. Click the button below to subscribe a...]]></description>
            <content:encoded><![CDATA[<h2 style="text-align: center">Weekly Update - June 5, 2023</h2><p style="text-align: center"><em>Welcome to the Optimism Weekly Update, your guide to what's happening in Optimism governance. Click the button below to </em><strong><em>manage</em></strong><em> </em><strong><em>which weekly updates you receive by email</em></strong><em>.</em></p><div data-type="subscribeButton" class="center-contents"><a class="email-subscribe-button" href="https://updates.boardroom.io/subscribe">Subscribe</a></div><hr><h3>⌛ Key Points</h3><p>Four important proposals passed through Token House Governance last week, concluding Voting Cycle #12b (see below).</p><p>The Grants Council will begin accepting grant applications on June 8th. The draft forms for <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.optimism.io/t/draft-cycle-12-builders-form/6046">Builders</a> grants and <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.optimism.io/t/draft-cycle-12-experiments-form/6045">Growth Experiments</a> grants have been posted for community feedback.</p><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.optimism.io/t/introducing-optimism-co-granting/5870">Co-granting</a> will be live in Season 4. Check out <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://twitter.com/OptimismGov/status/1664342524805402624?s=20">this thread</a> about how it will work.</p><p>The next <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.optimism.io/t/21th-op-community-governance-call-will-be-tuesday-june-6th-at-10am-pt-1pm-et-7pm-cet/6039?u=duncand">Community Governance Call</a> is on Tuesday June 6th, 10am PT / 1pm ET / 7pm CET, on <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://www.google.com/url?q=https://us02web.zoom.us/j/84087544843?pwd%3DcVpweHpEa2drYVRDZ1U0UklYSnR1QT09&amp;sa=D&amp;source=calendar&amp;usd=2&amp;usg=AOvVaw22TnqMjK_BYeCshiVu5GCw">Zoom</a>.</p><h3>🗳️ Recent Proposals</h3><ul><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://vote.optimism.io/proposals/29831001453379581627736734765818959389842109811221412662144194715522205098015"><strong>Treasury Appropriation (Foundation Year 2 Budget Approval)</strong></a></p><ul><li><p><em>Summary</em>: The Optimism Foundation, as per the founding documents of the Optimism Collective, was allocated a Year 1 budget and has utilized 5.21% of it thus far. As a result, the Foundation is not required to request a budget for Year 2, but is making a symbolic request for an additional 1 OP for its Year 2 (2023-2024) operating budget, which is subject to governance approval.</p><ul><li><p><em>Proposer</em>: Optimism Foundation</p></li><li><p><em>Status</em>: Passed</p></li></ul></li></ul></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://vote.optimism.io/proposals/80982553847843251343725022866904947381762263529096361834044805234222094077710"><strong>Inflation Adjustment Proposal</strong></a></p><ul><li><p><em>Summary</em>: The default inflation rate for the OP token is currently set at 2% per year; this proposal suggests reducing the inflation rate to 0% for Year 2.</p><ul><li><p><em>Proposer</em>: Polynya</p></li><li><p><em>Status</em>: Passed</p></li></ul></li></ul></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://vote.optimism.io/proposals/2808108363564117434228597137832979672586627356483314020876637262618986508713"><strong>Council Reviewer Elections: Builders Grants</strong></a></p><ul><li><p><em>Summary</em>: As part of the approval process for the Grants Council Intent Budget, the Token House will select three Reviewers for the Builders sub-committee. The voting will utilize approval voting, allowing delegates to vote for any number of nominees, including themselves for the remaining elected positions. The candidates are Gonna.eth, Jack Anorak, Krzysztof Urbanski (kaereste or krst), and Oxytocin.</p><ul><li><p><em>Proposer</em>: Optimism Foundation</p></li><li><p><em>Status</em>: Krzysztof Urbanski, Jack Anorak, and Gonna.eth were elected. </p></li></ul></li></ul></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://vote.optimism.io/proposals/103713749716503028671815481721039004389156473487450783632177114353117435138377"><strong>Council Reviewer Elections: Growth Experiments Grants</strong></a></p><ul><li><p><em>Summary</em>: After receiving approval from the Grants Council, the Token House will elect five Reviewers for the Growth Experiments Grants sub-committee. Approval voting will be used, allowing delegates to vote for any number of nominees, including themselves for the remaining elected positions. The candidates are Katie Garcia, Sugma.eth, Matt L, GFX, StableLab, Michael Vander Meiden, and DAOStewards.</p><ul><li><p><em>Proposer</em>: Optimism Foundation</p></li><li><p><em>Status</em>: Katie Garcia, Michael Vander Meiden, Matt L, GFX, and Sugma.eth were elected.</p></li></ul></li></ul></li></ul><h3>✍️ Forum Highlights</h3><ul><li><p>Conversation continues about <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.optimism.io/t/proposal-move-optimisms-forum-from-discourse-to-a-web3-native-forum-platform-to-prevent-sybil-attacks-metaforo/6032/2?u=duncand">moving the Optimism forum</a> from Discourse to a web3-native platform.</p></li><li><p>There are <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.optimism.io/c/governance/delegate-updates/45">delegate communication</a> thread updates from @Matt_StableLab, @jackanorak, and @seedlatam.</p></li></ul><h3>📰 Stakeholder News</h3><ul><li><p>The Bedrock upgrade will take place on June 6th at 16:00 UTC. There will be 2-4 hours of downtime for OP mainnet. See <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://www.notion.so/fca344b1f799447cb1bcf3aae62157c5?pvs=21">this document</a> for all the details.</p></li><li><p>Some adjustments had to be made to the timing of proposals to account for variable block times — which <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://discord.com/channels/667044843901681675/968498307913637919/1113531386293407814">shouldn’t be an issue</a> post-Bedrock.</p></li><li><p>There’s now an <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://discord.com/channels/667044843901681675/1113096151978225695">Alliance channel</a> in Discord — where you can “find and coordinate with fellow Alliance members.”</p></li></ul><h3><strong>📅 Upcoming Events</strong></h3><p>The next <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.optimism.io/t/21th-op-community-governance-call-will-be-tuesday-june-6th-at-10am-pt-1pm-et-7pm-cet/6039?u=duncand">Community Governance Call</a> is Tuesday June 6th, 10am PT / 1pm ET / 7pm CET, on <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://www.google.com/url?q=https://us02web.zoom.us/j/84087544843?pwd%3DcVpweHpEa2drYVRDZ1U0UklYSnR1QT09&amp;sa=D&amp;source=calendar&amp;usd=2&amp;usg=AOvVaw22TnqMjK_BYeCshiVu5GCw">Zoom</a>.</p><h3>🔮 Upcoming Votes</h3><p>Season 4 begins this week, on June 8, with a Cycle #13 review period for <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.optimism.io/t/token-house-missions/5881">Mission proposals</a>.</p><ul><li><p>@lavande <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://discord.com/channels/667044843901681675/968498307913637919/1113866411056566333">reminds us</a> that all Mission proposals need to be posted to the forum by June 21st, and need four delegate approvals within the week following in order to advance to Voting Cycle #13. <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://github.com/orgs/ethereum-optimism/projects/31/views/1">Foundation Missions</a> (RFPs) need to be submitted by June 28th unless otherwise indicated.</p></li><li><p>Want to learn more about the Alliances needed to form Missions? A recording of the <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://www.youtube.com/watch?v=dQ_NV2BCM0k">Alliance forming workshop</a> held last week has been posted.</p><p></p></li></ul><hr><p style="text-align: center"><em>Thank you for reading the Optimism Weekly Update. </em></p><p style="text-align: center"><em>Subscribe below to receive each week's update in your inbox. </em></p><div data-type="subscribeButton" class="center-contents"><a class="email-subscribe-button" href="https://updates.boardroom.io/subscribe">Subscribe</a></div><p><strong>Quick Gov Links</strong>: <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.optimism.io/t/working-constitution-of-the-optimism-collective/55">Working Constitution</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://gov.optimism.io/t/operating-manual-v0-3-5-the-token-house-and-citizens-house/5868">Operating Manual v0.3. 5</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://vote.optimism.io/">Voting Portal</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/optimism/overview">Optimism on Boardroom</a></p>]]></content:encoded>
            <author>boardroom@newsletter.paragraph.com (Boardroom)</author>
            <category>weekly update</category>
            <category>optimism</category>
        </item>
        <item>
            <title><![CDATA[Aave Weekly Update - June 5, 2023]]></title>
            <link>https://updates.boardroom.io/aave-weekly-update-june-5,-2023</link>
            <guid>Jg2gchxKvTIFHKxQq0Xm</guid>
            <pubDate>Tue, 06 Jun 2023 13:38:38 GMT</pubDate>
            <description><![CDATA[Week of May 29, 2023Welcome to the Aave Weekly Update, your guide to what's happening in Aave governance. Click the button below to subscribe and mana...]]></description>
            <content:encoded><![CDATA[<h2 style="text-align: center">Weekly Update - June 5, 2023 </h2><p style="text-align: center"><em>Welcome to the Aave Weekly Update, your guide to what's happening in Aave governance. </em>Click the button below to <strong>manage</strong> <strong>which weekly updates you receive by email</strong>.</p><div data-type="subscribeButton" class="center-contents"><a class="email-subscribe-button" href="https://updates.boardroom.io/subscribe">Subscribe</a></div><hr><h3>⌛ Key Points </h3><p>The process put forward in the <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjIzNA==">Caps Plus Risk Steward proposal</a>, which was executed some nine days ago, is already <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://twitter.com/chaos_labs/status/1663755551891771394?s=20">being used</a> by @ChaosLabs and @Gauntlet, reducing governance overhead as expected.</p><p>The Aave Chan Initiative last week&nbsp;<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://substack.com/redirect/5bfc5e4d-2d2c-49eb-b583-8420c9763de5?j=eyJ1IjoiYjN1eG0ifQ.1uUWDKJVbv6jnHx9tzoiXoUC3m1rFR5WXwp7oLWQZBE">introduced Orbit</a>, “a delegate platform funding initiative that aims to professionalize the Aave DAO governance and reward top current contributors who are not currently compensated for this role.”</p><p>You’ve probably noticed that we’re well into the <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arfc-private-voting-for-aave-governance-2-month-trial/12730">two-month trial</a> of shielded voting in Snapshot, powered by <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://twitter.com/project_shutter/status/1664241641757061124?s=20">Shutter</a>.</p><p>You can <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://twitter.com/AaveAave/status/1664673140436512768?s=20">now see</a> your transaction history in the <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://app.aave.com/">Aave app interface</a>.</p><hr><h3>🗳️ Recent Proposals</h3><p><strong>Aave Improvement Proposals</strong></p><ul><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjIzNg==">Price Feeds Operational Update</a> (236)</p><ul><li><p><em>Summary</em>: This proposal suggests making changes to the price feeds for various assets (wstETH on Arbitrum and Optimism, MaticX and stMatic on Polygon). The purpose of these changes is to address issues related to price volatility and synchronization and to enhance the stability of the Aave platform. The proposal includes replacing price feeds, using custom adapters based on Chainlink's feeds, and configuring the price oracle sentinel. The security and reliability of the custom price adapters have been reviewed, and historical comparisons of the new feeds show minimal differences.</p></li><li><p><em>Proposer</em>: BGD Labs</p></li><li><p><em>Status</em>: Executed on June 3</p></li></ul></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjIzNQ==">DeFi Saver Aave V3 FlashBorrowers Whitelist Part II</a> (235)</p><ul><li><p><em>Summary</em>: This proposal suggests that Aave governance consider whitelisting DeFi Saver as a part of the FlashBorrowers program in Aave V3 on the Optimism liquidity pool. DeFi Saver has a history of collaboration with the Aave Protocol, and waiving flashloan fees for DeFi Saver is expected to make certain strategies more convenient and profitable, potentially leading to increased borrow volume and revenue for the Aave DAO.</p></li><li><p><em>Proposer</em>: Marc Zeller / Aave Chan Initiative</p></li><li><p><em>Status</em>: Executed on May 29</p></li></ul></li></ul><p><strong>On Snapshot</strong></p><ul><li><p><strong>[</strong><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpzbmFwc2hvdDoweDAzNmY5Y2U4YjRhOWZlZjAxNTZjY2Y2YjJhMjA1ZDU2ZDRmMjNiN2FiOWE0ODVhMTZkN2M4MTczY2Q4NWEzMTY="><strong>ARFC</strong></a><strong>] Add RPL to Ethereum v3</strong>. Ended on June 5 with nearly 100% voting YAE.</p></li><li><p><strong>[</strong><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpzbmFwc2hvdDoweDYwMWE1MzRjZDUxMzkxODIzYzg0MmU1NGRkYTViOWNjMmMyYmU1MGZjYjA2NTVmOGY1OTgxMWU2Y2QyYmRhYTk="><strong>ARFC</strong></a><strong>] Add fUSDC to Ethereum v3</strong>. Ended on June 3 with 80.29% voting YAE.</p></li><li><p><strong>[</strong><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpzbmFwc2hvdDoweDY4ZTk1MGZkMDA2MjkxNzZlZTdmMWI5ZjViMDVlNjAxZWIxMjQ1M2QyZmE1NTNjMjE0MjQ4YTk5OTlkNjNkZDg="><strong>ARFC</strong></a><strong>] Optimism Create ETH E-Mode</strong>. Ended on June 1 with nearly 100% voting YAE.</p></li><li><p><strong>[</strong><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpzbmFwc2hvdDoweDI4NTM1ZjU2ZjI5YTliMDg1YmU4OGUzODk2ZGE1NzNjNjEwOTVhMTRmMDkyY2U3MmFmZWEzYzgzZjRmZWVmZTA="><strong>TEMP CHECK</strong></a><strong>] Safety Module Upgrade Part III - Enable gauges on BPT in Safety Module (smBPT)</strong>. Ended on June 1 with 82.36% voting YAE.</p></li><li><p><strong>[</strong><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpzbmFwc2hvdDoweDhlNjBiYmViZjU5YTY5MTFjZDBkMTM3YWEwNjc4MGFlZmM1YjViMGNkMGY4Y2NmYTEyNDI3Y2YxNTNmNThiMDU="><strong>TEMP CHECK</strong></a><strong>] Safety Module Upgrade Part II - Asset Diversity, SM Categories &amp; Slashing Updates</strong>. Ended on June 1 with 82.38% voting YAE.</p></li><li><p><strong>[</strong><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpzbmFwc2hvdDoweDI1MDQ1ODcxZTIyMzQ2MzAzZDJjMmM4OWE0MTg1YTU4ODU5YjM1NjdlMmI3ZGMwMjM0ZGQyZGQ5MjBkN2MxZjc="><strong>ARFC</strong></a><strong>] Optimism v3 Supply Cap Update</strong>. Ended on June 1 with 40.9% voting ABSTAIN, 33.55% voting YAE for Gauntlet’s parameters, and 25.55% voting YAE for those proposed by Chaos Labs.</p></li><li><p><strong>[</strong><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpzbmFwc2hvdDoweGJiYjkyODA1ZDdiMTVkNDZkNjY4Y2RjOGU0MGQ5YTE1ZTZhM2VkMmFjOTQ4MDI2NjdlN2QzYzM1YTc2M2JjOGM="><strong>ARFC</strong></a><strong>] Polygon Supply Cap Update 23.05.2023</strong>. Ended on June 1 with nearly 100% voting YAE.</p></li></ul><p><strong>In discussion</strong></p><ul><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arfc-increase-supply-caps-for-lsts-on-aave-v3/13240">ARFC</a>] Increase Supply Caps for LSTs on AAVE V3</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arfc-wmatic-supply-borrow-cap-increase-polygon-v3/13418">ARFC</a>] wMATIC Supply &amp; Borrow Cap Increase Polygon v3 2023.06.01</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arfc-pyth-to-support-aave-on-optimism-as-a-secondary-oracle/13251">ARFC</a>] Pyth to Support Aave on Optimism as a Secondary Oracle</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arfc-add-frax-arbitrum-aave-v3/13222/2?u=duncand">ARFC</a>] Add FRAX Arbitrum Aave v3</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arfc-add-gusd-to-aave-v3-ethereum/13478">ARFC</a>] Add GUSD to Aave V3 Ethereum</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arfc-add-usdp-to-aave-v3-ethereum/13477">ARFC</a>] Add USDP to Aave V3 Ethereum</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arc-add-sushi-to-aavev3-on-mainnet/13122/2?u=duncand">ARC</a>] Add SUSHI to Aave V3 on Mainnet</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arfc-gas-rebate-for-recognized-delegates/13290">ARFC</a>] Gas Rebate for Recognized Delegates</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arfc-add-frax-to-aave-v3-ethereum/13051/5?u=duncand">ARFC</a>] Add FRAX to Aave V3 Ethereum</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/tempcheck-aave-v3-mvp-deployment-on-scroll-mainnet/13265">TEMP CHECK</a>] Aave v3 MVP deployment on Scroll mainnet</p></li><li><p>(<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/temp-check-gho-stewards-agile-parameter-changes/13370">TEMP CHECK</a>) GHO Stewards: Agile Parameter Changes</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/temp-check-integrating-makerdaos-dsr-into-aave-v3-ethereum-pool/13360">TEMP CHECK</a>] Integrating MakerDAO’s DSR into Aave V3 Ethereum Pool</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/temp-check-aave-v3-deployment-on-base/13177/8?u=duncand">TEMP CHECK</a>] Aave V3 Deployment on Base</p></li></ul><h3>✍️ Forum Highlights</h3><ul><li><p>There is further <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/gauntlet-synchronicity-price-adapter-killswitch-functionality-for-lst-emode/13224/2?u=duncand">discussion</a> of Gauntlet’s recommendation of a Synchronicity Price Adapter “killswitch” for LST emode.</p></li><li><p>Check out delegate platform <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/c/delegate-platforms/27">updates from</a> @lbsblockchain, @TokenLogic, @0xkeyrock.eth, and the Aave Chan Initiative.</p></li></ul><h3>📰 Stakeholder News</h3><ul><li><p>Llama highlights <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://governance.aave.com/t/introducing-community-llama-xyz-aave/12295/6?u=duncand">new features</a> on their Aave <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://community.llama.xyz/aave">dashboard</a>, including an Aave Grants Dashboard and a Safety Module Dashboard. The team also presents a “month 8” <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://governance.aave.com/t/llama-month-8-update/13393">update</a> on their areas of focus for the DAO, which include: protocol upgrades; treasury management; analytics; and growth.</p></li><li><p>Chaos Labs presents <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://governance.aave.com/t/chaos-labs-monthly-community-update/11174/6?u=duncand">highlights</a> of their activities for the DAO during the month of May.</p></li></ul><hr><h3>🔮 Upcoming Votes</h3><p style="text-align: start"><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpzbmFwc2hvdDoweGQwZTE1N2VmNDRiNTQyOWRmN2U0MTIxMjZkNjMyYWZhMTE5MmY4NGZhNjA0NWRjZGNhZWQ2MWJjNzlhZDFiNDU=">[ARFC] Polygon v3 Supply Cap Update 2023.05.21</a></p><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjIzNw==">BUSD Offboarding Plan Part II</a></p><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpzbmFwc2hvdDoweDMwODQzOTUxN2ZmYzhmYWE4NzA5ZGIwYjRhMWQxMzFkMjQwMmVlOGEzMjgyY2I3OWFkZjg5MGRlNjEzNWVjOTg=">[ARFC] Add ARB to Arbitrum Aave v3</a></p><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpzbmFwc2hvdDoweDZmMmQ1ZGM2ZWUxZWUyNWYwNDUxYjE0NjFhZGU4MzdiYTQ3MzMzODZkNDE2MTk5OGQzYmE0YWU5MzU1NTBiM2Q=">[TEMP CHECK] Aave V3 Deployment on Base</a></p><p style="text-align: start"></p><hr><p style="text-align: center"><em>Thank you for reading the Aave Weekly Update. </em></p><p style="text-align: center"><em>Subscribe below to receive each week's update in your inbox. </em></p><div data-type="subscribeButton" class="center-contents"><a class="email-subscribe-button" href="https://updates.boardroom.io/subscribe">Subscribe</a></div><p></p><p><strong>Quick Gov Links</strong>: <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://docs.aave.com/faq/governance">Governance FAQ</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://docs.aave.com/developers/guides/governance-guide">Governance Docs</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://discord.com/channels/602826299974877205/605528212239286312">Discord Governance Channel</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://snapshot.org/#/aave.eth">Snapshot</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://app.aave.com/governance/">AIPs</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://boardroom.io/aave/overview">Aave on Boardroom</a></p>]]></content:encoded>
            <author>boardroom@newsletter.paragraph.com (Boardroom)</author>
            <category>aave</category>
            <category>weekly update</category>
        </item>
        <item>
            <title><![CDATA[Aave Weekly Update - May 29, 2023]]></title>
            <link>https://updates.boardroom.io/aave-weekly-update-may-29,-2023</link>
            <guid>vmzTevt373d5VxCaKwM8</guid>
            <pubDate>Wed, 31 May 2023 21:01:37 GMT</pubDate>
            <description><![CDATA[Week of May 22, 2023Welcome to the Aave Weekly Update, your guide to what's happening in Aave governance. Subscribe below to receive each week's updat...]]></description>
            <content:encoded><![CDATA[<h2 style="text-align: center">Weekly Update - May 29, 2023</h2><p style="text-align: center"><em>Welcome to the Aave Weekly Update, your guide to what's happening in Aave governance. Click the button below to </em><strong><em>manage</em></strong><em> </em><strong><em>which weekly updates you receive by email</em></strong><em>. </em></p><div data-type="subscribeButton" class="center-contents"><a class="email-subscribe-button" href="https://updates.boardroom.io/subscribe">Subscribe</a></div><hr><h3>⌛ Key Points </h3><p>The eight values articulated in the delegate <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpzbmFwc2hvdDoweDAwYTYwMjA0YWM0ODA5OWJjY2ZmMWI1ODAxMjk5NDg2ZjczZWY5N2ZiNGI1MTc3M2U3NGEyMmE5ZTc2NzkzMGM=">code of conduct</a> were ratified and the <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpzbmFwc2hvdDoweGVmNDE2MjA4OGU2ZjM1YTcwMDIxZDNhMTMyZjVhMzI5YWI3YTY2MGE0ODY5Y2U4YWY2YjlkMjBjNjQ2YzZjOTI=">framework for recognized delegates</a> was approved on Snapshot.</p><p>The <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjIzNA==">Caps Plus Risk Steward</a> proposal has been executed, which means that the RISK_COUNCIL (a Gnosis Safe controlled by Gauntlet and Chaos Labs) can perform cap increases under specific conditions — reducing governance overhead.</p><p>Also note the e-mode changes across chains in <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjIzMw==">AIP 233</a> below.</p><hr><h3>🗳️ Recent Proposals</h3><p><strong>Aave Improvement Proposals</strong></p><ul><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjIzNQ==">DeFi Saver Aave V3 FlashBorrowers Whitelist Part II</a> (235)</p><ul><li><p><em>Summary</em>: This proposal suggests that Aave governance consider whitelisting DeFi Saver as a part of the FlashBorrowers program in Aave V3 on the Optimism liquidity pool. DeFi Saver has a history of collaboration with the Aave Protocol, and waiving flashloan fees for DeFi Saver is expected to make certain strategies more convenient and profitable, potentially leading to increased borrow volume and revenue for the Aave DAO.</p></li><li><p><em>Proposer</em>: Marc Zeller / Aave Chan Initiative</p></li><li><p><em>Status</em>: Executed on May 29</p></li></ul></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjIzNA==">Caps Plus Risk Steward</a> (234) </p><ul><li><p><em>Summary</em>: This proposal suggests granting the RISK_ADMIN role to the CapsPlusRiskStewards smart contract on each network where Aave v3 is active. Once granted, the RISK_COUNCIL, a Gnosis Safe controlled by risk-providers Gauntlet and Chaos Labs, can adjust asset borrow/supply caps upwards without requiring a voting process. The proposal aims to automate and simplify the cap adjustment process, which is typically supported by the community without any major objections, reducing voting overhead and execution time. </p></li><li><p><em>Proposer</em>: BGD Labs</p></li><li><p><em>Status</em>: Executed on May 28</p></li></ul></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjIzMw==">Aave Stablecoin E-mode changes for V3 Avalanche, Optimism, Polygon, and Arbitrum </a>(233) </p><ul><li><p><em>Summary</em>: This proposal suggests making changes to stablecoin E-mode parameters in order to optimize risk/reward tradeoffs on Aave V3. The proposed changes include lowering the stablecoin E-mode liquidation threshold (LT) from 97.5% to 95% and the loan-to-value (LTV) ratio from 97% to 93% across multiple chains, including Avalanche, Optimism, Polygon, and Arbitrum. </p></li><li><p><em>Proposer</em>: Gauntlet</p></li><li><p><em>Status</em>: Executed on May 27</p></li></ul></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjIzMg==">Activate Emode for rETH Aave Ethereum V3</a> (232) </p><ul><li><p><em>Summary</em>: This proposal suggests activating emode for rETH on the Ethereum v3 Liquidity Pool. The motivation behind this is to enable leveraged strategies using rETH as collateral, allowing users to "long" rETH on secondary markets and increase staking yield through loop strategies. </p></li><li><p><em>Proposer</em>: Marc Zeller / Aave Chan Initiative</p></li><li><p><em>Status</em>: Executed on May 27</p></li></ul></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjIzMQ==">wMATIC Supply &amp; Borrow Cap Increase Polygon v3</a> (231)</p><ul><li><p><em>Summary</em>: This proposal aims to increase the wMATIC Supply and Borrow Caps on Polygon v3 due to strong deposit flows and the growth of yield maximizing strategies. The increased caps will support the migration of Balancer liquidity providers and users from Aave v2 to v3, accommodate the demand for borrowing wMATIC, and enable the continued growth of yield maximizing strategies. </p></li><li><p><em>Proposer</em>: Llama</p></li><li><p><em>Status</em>: Executed on May 24</p></li></ul></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjIzMA==">Fix rate strategies issue on Aave v2 Polygon</a> (230) </p><ul><li><p><em>Summary</em>: This proposal addresses an issue caused by a previous proposal (224) on Aave v2 Polygon. Proposal 224 updated the interest rate strategies for certain assets, but it lacked compatibility with Aave v2 Polygon, resulting in certain user actions not being performed. This new proposal aims to fix this problem by connecting new rate strategy contracts with the correct interface for Aave v2 Polygon. </p></li><li><p><em>Proposer</em>: BGD Labs</p></li><li><p><em>Status</em>: Executed on May 24</p></li></ul></li></ul><p><strong>On Snapshot</strong></p><ul><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpzbmFwc2hvdDoweDI4NTM1ZjU2ZjI5YTliMDg1YmU4OGUzODk2ZGE1NzNjNjEwOTVhMTRmMDkyY2U3MmFmZWEzYzgzZjRmZWVmZTA=">[TEMP CHECK] Safety Module Upgrade Part III - Enable gauges on BPT in Safety Module (smBPT)</a>. Voting ends on June 1.</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpzbmFwc2hvdDoweDhlNjBiYmViZjU5YTY5MTFjZDBkMTM3YWEwNjc4MGFlZmM1YjViMGNkMGY4Y2NmYTEyNDI3Y2YxNTNmNThiMDU=">[TEMP CHECK] Safety Module Upgrade Part II - Asset Diversity, SM Categories &amp; Slashing Updates</a>. Voting ends on June 1.</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpzbmFwc2hvdDoweDY4ZTk1MGZkMDA2MjkxNzZlZTdmMWI5ZjViMDVlNjAxZWIxMjQ1M2QyZmE1NTNjMjE0MjQ4YTk5OTlkNjNkZDg=">[ARFC] Optimism Create ETH E-Mode</a>. Voting ends on June 1.</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpzbmFwc2hvdDoweDI1MDQ1ODcxZTIyMzQ2MzAzZDJjMmM4OWE0MTg1YTU4ODU5YjM1NjdlMmI3ZGMwMjM0ZGQyZGQ5MjBkN2MxZjc=">[ARFC] Optimism v3 Supply Cap Update</a>. Voting ends on June 1.</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpzbmFwc2hvdDoweGJiYjkyODA1ZDdiMTVkNDZkNjY4Y2RjOGU0MGQ5YTE1ZTZhM2VkMmFjOTQ4MDI2NjdlN2QzYzM1YTc2M2JjOGM=">[ARFC] Polygon Supply Cap Update 23.05.2023</a>. Voting ends on June 1.</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpzbmFwc2hvdDoweDg4YTAzZWI0MTRhN2RlOGQ0NTNlNzY2MDVhMzFkOGVhMWRhM2JhMGMyYWI3NGFjMjg3ZDdiNzg0YmExNDIxZjA=">[ARFC] - Chaos Labs Risk Parameter Updates - Aave V3 Ethereum - 2023.05.18</a>. Ended on May 28 with nearly 100% voting YAE.</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpzbmFwc2hvdDoweDAwYTYwMjA0YWM0ODA5OWJjY2ZmMWI1ODAxMjk5NDg2ZjczZWY5N2ZiNGI1MTc3M2U3NGEyMmE5ZTc2NzkzMGM=">[ARC] Delegate Code of Conduct</a>. All eight values ratified on May 25.</p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpzbmFwc2hvdDoweGVmNDE2MjA4OGU2ZjM1YTcwMDIxZDNhMTMyZjVhMzI5YWI3YTY2MGE0ODY5Y2U4YWY2YjlkMjBjNjQ2YzZjOTI=">[ARC] Framework for Recognized Delegates</a>. Ended on May 25 with nearly 100% voting YAE.</p></li></ul><p><strong>In discussion</strong></p><ul><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arfc-add-fusdc-to-ethereum-v3/13180">ARFC</a>] Add fUSDC to Ethereum v3</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arfc-add-rpl-to-ethereum-v3/13181">ARFC</a>] Add RPL to Ethereum v3</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arfc-add-arb-to-arbitrum-aave-v3/13225">ARFC</a>] Add ARB to Arbitrum Aave v3</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arfc-add-frax-arbitrum-aave-v3/13222">ARFC</a>] Add FRAX Arbitrum Aave v3</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arc-add-gmx-to-arbitrum-v3/12307/11?u=duncand">ARC</a>] Add GMX toArbitrum v3</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/arc-harmony-recovery/10468/180?u=duncand">ARC</a>] Harmony Recovery</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/temp-check-aave-v3-deployment-on-base/13177">TEMP CHECK</a>] Aave V3 Deployment on Base</p></li><li><p>[<a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/temp-check-safety-module-upgrade-part-iv-incentives-management-upgrade/12751/3?u=duncand">TEMP CHECK</a>] Safety Module Upgrade Part IV - Incentives Management Upgrade</p></li></ul><h3>✍️ Forum Highlights</h3><ul><li><p>Gauntlet <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/gauntlet-synchronicity-price-adapter-killswitch-functionality-for-lst-emode/13224">recommends</a> Synchronicity Price Adapter “killswitch” functionality for LST emode. Although very rare, "extreme variance" between the LST market price and LST smart contract price can compromise the Chainlink Synchronicity Price Adapter 2.0, potentially leading bad agents to take "advantage of extreme market conditions to create insolvencies on Aave."</p></li><li><p>Kentrell, a research analyst at Messari, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/discussion-prioritizing-cap-space-for-stkaave-holders/13202">kicked off a discussion</a> about certain Aave markets that are "constrained" by supply and borrow caps -- and suggests strategies "to balance the concentration of depositors within these markets." </p></li><li><p>BGD Labs <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/t/bgd-operational-oracles-update/13213">presents</a> an "operational update of different oracle aspects, for the sake of consistency across instances of Aave." After expressions of support in the forum BGD Labs will publish <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjIzNg==">AIP 236</a> to execute the plan. </p></li><li><p>Check out delegate platform <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://governance.aave.com/c/delegate-platforms/27">updates from</a> @lbsblockchain and @HKUST_EPI_BLOCKCHAIN.</p></li></ul><h3>📰 Stakeholder News</h3><ul><li><p>Llama, Aave DAO's treasury manager, has completed its <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://llama.xyz/reports/aave/april-2023-financials.pdf">financial report</a> for April 2023. It notes a TVL of $7.9 billion, $130.7 million in treasury holdings, and a revenue of $4.7 million for the month of April. </p><p></p></li></ul><hr><h3>🔮 Upcoming Votes</h3><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpvbmNoYWluOjIzNg==">Price Feeds Operational Update</a></p><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpzbmFwc2hvdDoweDYwMWE1MzRjZDUxMzkxODIzYzg0MmU1NGRkYTViOWNjMmMyYmU1MGZjYjA2NTVmOGY1OTgxMWU2Y2QyYmRhYTk=">[ARFC] Add fUSDC to Ethereum v3</a></p><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/aave/proposal/cHJvcG9zYWw6YWF2ZTpzbmFwc2hvdDoweDYwMWE1MzRjZDUxMzkxODIzYzg0MmU1NGRkYTViOWNjMmMyYmU1MGZjYjA2NTVmOGY1OTgxMWU2Y2QyYmRhYTk=">[ARFC] Add fUSDC to Ethereum v3</a></p><hr><p style="text-align: center"><em>Thank you for reading the Aave Weekly Update. </em></p><p style="text-align: center"><em>Subscribe below to receive each week's update in your inbox. </em></p><div data-type="subscribeButton" class="center-contents"><a class="email-subscribe-button" href="https://updates.boardroom.io/subscribe">Subscribe</a></div><p></p><p><strong>Quick Gov Links</strong>: <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://docs.aave.com/faq/governance">Governance FAQ</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://docs.aave.com/developers/guides/governance-guide">Governance Docs</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://discord.com/channels/602826299974877205/605528212239286312">Discord Governance Channel</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://snapshot.org/#/aave.eth">Snapshot</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://app.aave.com/governance/">AIPs</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out notion-link-token notion-focusable-token notion-enable-hover" href="https://boardroom.io/aave/overview">Aave on Boardroom</a></p>]]></content:encoded>
            <author>boardroom@newsletter.paragraph.com (Boardroom)</author>
            <category>aave</category>
            <category>weekly update</category>
        </item>
        <item>
            <title><![CDATA[Compound Weekly Update - May 29, 2023]]></title>
            <link>https://updates.boardroom.io/compound-weekly-update-may-29,-2023</link>
            <guid>3c72ojSB4AuEYLhKzl0G</guid>
            <pubDate>Tue, 30 May 2023 18:02:15 GMT</pubDate>
            <description><![CDATA[Week of May 29, 2023Welcome to the Compound Weekly Update, your guide to what's happening in Compound governance. Subscribe below to receive each week...]]></description>
            <content:encoded><![CDATA[<h2 style="text-align: center">Weekly Update - May 29, 2023 </h2><p style="text-align: center"><em>Welcome to the Compound Weekly Update, your guide to what's happening in Compound governance. Click the button below to </em><strong><em>manage</em></strong><em> </em><strong><em>which weekly updates you receive by email</em></strong><em>.</em></p><div data-type="subscribeButton" class="center-contents"><a class="email-subscribe-button" href="https://updates.boardroom.io/subscribe">Subscribe</a></div><hr><h3>⌛ Key Points </h3><p>The Compound community has passed three proposals during the past two weeks - Proposals 160, 161, and 162. Voting on <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://compound.finance/governance/proposals/163">Compound Proposal 163</a> is now live. </p><p>In the forum, Gauntlet gave an important update on Compound v3 migration and deliberations continued regarding adding two different Polygon staking tokens - MaticX from Stader and stMatic from Lido - as collateral assets.</p><hr><h3>🗳️ Recent Proposals</h3><ul><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://boardroom.io/compound/proposal/cHJvcG9zYWw6Y29tcG91bmQ6b25jaGFpbjoxNjM=">Gauntlet &lt;&gt; Compound Incentive Optimization</a> (<strong>Compound 163</strong>)</p><ul><li><p><em>Summary: </em>A proposal to formalize and expand Gauntlet’s existing work with Compound on continuous incentive optimization for Compound’s rewards.</p><p>As part of the engagement scope, Gauntlet will provide Compound with a quantitative framework to evaluate the success or failure of incentive optimization. Gauntlet will leverage its Incentive Optimization Platform to provide recommendations adjusting incentives across Compound V2 and Comet markets to drive sustainable, efficient growth.</p><p>The service fee structure is a $300K fixed fee, paid in $COMP tokens, as well as a <a target="__blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out details-panel__link" href="https://www.comp.xyz/t/gauntlet-compound-incentive-optimization/4267#:~:text=in%20COMP%20tokens-,Performance%2DBased%20Fee%3A,-10%25%20of%20Improvements">variable performance fee</a>. This proposal only implements the $300K fixed fee portion. <a target="__blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out details-panel__link" href="https://www.comp.xyz/t/gauntlet-compound-incentive-optimization/4267">Full proposal and forum discussion</a></p></li><li><p><em>Proposer</em>: <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out sc-dGHKFW eVxoUt" href="https://boardroom.io/voter/0x683a4F9915D6216f73d6Df50151725036bD26C02">gauntletgov.eth</a></p></li><li><p><em>Status</em>: Voting Now</p></li></ul></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://boardroom.io/compound/proposal/cHJvcG9zYWw6Y29tcG91bmQ6b25jaGFpbjoxNjI=">Interest Rate Curve Updates for Ethereum Compound v3 USDC</a> (<strong>Compound Proposal 162</strong>)</p><ul><li><p><em>Summary</em>: A proposal from Gauntlet to adjust seven Interest Rate Curve parameters. Specifically, this proposal puts forward two solutions - (1) flatline the "Borrow APR" past the borrow kink and (2) adjust the borrow/supply kinks and slopes to incentivize efficient and appealing equilibrium APRs - to solve two identified problems the protocol is facing: (1) stagnant protocol growth/migration amid poor borrower UX and (2) the current negative net protocol profit, i.e. (USDC reserve growth - COMP distributions). The forum post outlining the full details of Compound Proposal 162 can be found <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out" href="https://www.comp.xyz/t/ethereum-compound-v3-usdc-gauntlet-ir-curve-recommendations-5-16-23/4307">here</a> and an explanation of the motivation of the proposal is outlined below in "Forum Highlights."</p></li><li><p><em>Proposer</em>: <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out" href="https://boardroom.io/voter/0x7B3c54e17d618CC94daDFe7671c1e2F50C4Ecc33">0x7B3c54e17d618CC94daDFe7671c1e2F50C4Ecc33</a> (Gauntlet)</p></li><li><p><em>Status</em>: Passed</p></li></ul></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://boardroom.io/compound/proposal/cHJvcG9zYWw6Y29tcG91bmQ6b25jaGFpbjoxNjE=">Risk Parameter Updates for Polygon Compound v3 USDC (5 9 23)</a> (<strong>Compound Proposal 161</strong>)</p><ul><li><p><em>Summary</em>: A proposal from Gauntlet to adjust the supply cap parameters for three Polygon Compound v3 USDC assets - $WBTC, $WETH, and $MATIC - and increase the $COMP rewards distribution. Compound 161 was meant to "incentivize larger USDC borrowers to join the protocol in its early stages" and to "ensure new USDC borrowers’ collateral supplies won’t be restricted," after lackluster adoption was observed "despite the appealing positive Net Borrow APR." According to Gauntlet, with these changes, a quadrupling of the USDC supplied and tripling of the USDC borrowed on Polygon is feasible.  </p></li><li><p><em>Proposer</em>: <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out sc-dGHKFW eVxoUt" href="https://boardroom.io/voter/0x683a4F9915D6216f73d6Df50151725036bD26C02">gauntletgov.eth</a></p></li><li><p><em>Status</em>: Passed</p></li></ul></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://boardroom.io/compound/proposal/cHJvcG9zYWw6Y29tcG91bmQ6b25jaGFpbjoxNjA=">Initialize cUSDCv3 on Arbitrum</a> (<strong>Compound Proposal 160</strong>) </p><ul><li><p><em>Summary</em>: This proposal took the governance steps recommended and necessary to initialize a Compound III USDC market on Arbitrum, making cUSDCv3 ready for use. The origin of this proposal was a <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://www.comp.xyz/t/deploy-compound-v3-on-arbitrum/4100#deploy-compound-v3-on-arbitrum-1">February 27th comp.xyz</a> post by FranklinDAO, in collaboration with Offchain Labs, which made the case for deploying Compound v3 to Arbitrum, "the leading Layer 2 on Ethereum from a TVL perspective and also by number of live dApps." <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://app.compound.finance/?market=usdc-arb">Markets for four collateral assets</a> - $ARB, $ETH, $WBTC, and $GMX - were added with Gauntlet’s <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://www.comp.xyz/t/deploy-compound-v3-on-arbitrum/4100/16">recommended risk parameters</a>.  </p></li><li><p><em>Proposer</em>: <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out dont-break-out" href="https://boardroom.io/voter/0xC66e426404C742D81655A9D80Ce58fdbcEE468A9">0xC66e426404C742D81655A9D80Ce58fdbcEE468A9</a></p></li><li><p><em>Status</em>: Passed</p></li></ul></li></ul><h3>✍️ Forum Highlights</h3><ul><li><p>Gauntlet provided an <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out" href="https://www.comp.xyz/t/compound-v2-v3-migration-updates-from-gauntlet/4216/4#compound-migration-update-51723-1">update on </a><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://www.comp.xyz/t/compound-v2-v3-migration-updates-from-gauntlet/4216/4#compound-migration-update-51723-1">comp.xyz</a> regarding their ongoing work shepherding the Compound v3 migration. They report continued "stagnant growth and migration" to v3 and "hypothesize that the reason ... is a combination of inefficient reward allocation relative to the currently unappealing v3 IR curves." In order to mitigate the risk of losing v2 users that have not yet migrated to v3, Gauntlet has decided to pause migrating rewards to v3 - as originally planned and outlined in their <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out" href="https://www.comp.xyz/t/cip-3-compound-v2-to-v3-migration/4046">Migration CIP Timeline</a> - and shifted their focus to towards optimizing incentives. As such, <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/compound/proposal/cHJvcG9zYWw6Y29tcG91bmQ6b25jaGFpbjoxNjI=">Compound Proposal 162</a>, is the next phase in their altered migration plan. Gauntlet noted that after Compound Proposal 162 is passed and implemented, the community "can assess migrating more rewards from v2 to v3 after observing how users respond to the IR curve changes." </p></li><li><p>Forum user <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://www.comp.xyz/u/oiclid">Oiclid</a> has taken over responsibility for the Compound Monthly Report. The March 2023 Report was posted in the <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="http://comp.xyz">comp.xyz</a> forum on May 9th. The report can be viewed <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://gallifreylabs.substack.com/p/compound-monthly-financial-report?sd=pf">here</a>. </p></li><li><p>Stader Labs, a liquid staking provider, posted a <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out dont-break-out" href="https://www.comp.xyz/t/listing-maticx-on-compound/4306">proposal on </a><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="http://comp.xyz">comp.xyz</a> to add MaticX as a collateral asset on Compound. Thus far, reception to the proposal has been positive. MaticX has already been listed on Aave and Balancer, where it has seen success as a collateral type. </p></li><li><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://www.comp.xyz/t/stmatic-compound-listing/4293">Discussions continued</a> about the proposal to add another Polygon liquid staking token - stMatic from Lido - as a collateral asset. Respondents in the forum have reacted positively to this proposal as well.  </p></li></ul><h3>📰 Stakeholder News</h3><ul><li><p>FranklinDAO (aka Penn Blockchain) announced that they are switching their franklindao.eth delegate profile to a hard wallet: 0xCc878369b26127BD4bC1B0B465bC8bE9b92a4c62. If you are currently delegating to FranklinDAO at 0x070341aA5Ed571f0FB2c4a5641409B1A46b4961b, you have until June 15th to re-delegate your tokens. </p></li></ul><div><div class="callout-base callout-info" data-node-view-wrapper="" style="white-space:normal"><img src="https://paragraph.xyz/editor/callout/information-icon.png" class="callout-button"><div class="callout-content"><div><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://boardroom.io/feed/settings/delegate">Click here to re-delegate your tokens on Boardroom. </a></p></div></div></div></div><h3>📞 Developer Community Call Summary </h3><p>Compound's most recent Developer Community Call was on May 3, 2023. <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://drive.google.com/file/d/147QE-ohTRspz0AlYlQGppOKafuullWkt/view">Click here</a> to listen to the recording. Here's what was discussed:</p><ul><li><p>Harsha from Compound Grants called attention to <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://www.comp.xyz/t/cgp-2-0-delegated-domain-allocation-by-questbook/3352/79?">the most recent report</a> from the grants program and asked for community feedback on recent proposals. </p></li><li><p>Paul from Gauntlet gave updates on Gauntlet's work, including its <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://www.comp.xyz/t/improved-value-at-risk-var-methodology-from-gauntlet/4259">Value at Risk methodology</a> adjustment and its proposal to <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://www.comp.xyz/t/gauntlet-compound-incentive-optimization/4267/1">formalize and expand Gauntlet's work</a> on incentive management with a one-year contract. (Note: This proposal is now live.)</p></li><li><p>Uma from Succinct gave the community a summary of Succinct's Telepathy protocol, which leverages zk-proofs to verify Ethereum consensus, and pitched it as a solution for Compound governance messages to deployments on other chains. She highlighted Succinct's grant proposal to deploy Telepathy to Compound v3 and answered several questions from community members about how it would work. </p></li><li><p>Scott from Compound Labs discussed Compound v3 deployments on other chains, including the launch of Compound on Arbitrum and the plans to launch on Optimism and Base, which are dependent on its Bedrock upgrade. Scott also discussed Compound Proposal 158 and 159. </p></li></ul><h3>📅 Upcoming Events</h3><p>The next Compound Developer Community Call will be on May 31, 2023 at 12pm ET <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://discord.gg/YvZcjHqv?event=1075863462560931891">in the Compound Discord</a>. </p><h3>🔮 Upcoming Votes</h3><p>There are no upcoming votes, besides Compound Proposal 163. </p><hr><p style="text-align: center"><em>Thank you for reading the Compound Delegate Digest. </em></p><p style="text-align: center"><em>Subscribe below to receive each week's Digest in your inbox. </em></p><div data-type="subscribeButton" class="center-contents"><a class="email-subscribe-button" href="https://updates.boardroom.io/subscribe">Subscribe</a></div><p style="text-align: center"><strong>Quick Gov Links</strong>: <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://compound.finance/governance">Governance Overview</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out" href="https://docs.compound.finance/governance/">Governance Docs</a> | <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out dont-break-out dont-break-out" href="https://boardroom.io/compound/overview">Compound on Boardroom</a></p>]]></content:encoded>
            <author>boardroom@newsletter.paragraph.com (Boardroom)</author>
            <category>weekly update</category>
            <category>compound</category>
        </item>
    </channel>
</rss>