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The Aave community is actively involved in governance, focusing on protocol development, security, and asset integration, with consensus on key proposals and support for initiatives like the Orbit delegate program and treasury management. Despite some criticism and concerns over certain proposals and the potential impact of disabling Stable Borrows due to security threats, the community's engagement is seen as a positive sign of commitment to Aave's continuous improvement.
The Aave community is actively engaged in discussions and decision-making processes regarding the Aave protocol's development and governance. The focus has been on the expansion of the Orbit delegate program, treasury management, security enhancements, and the integration of new assets into Aave V3 Ethereum. The community has tackled issues such as the potential offboarding of TUSD due to counterparty risk, the strategic deployment of Aave V3 on the ZkEVM L2 by Polygon, and the adjustment of Loan-to-Value (LT) thresholds in response to changes in CRV Liquidity.
Kene_StableLab has been a key participant, voting on and supporting various proposals, including the Treasury Management - auraBAL proposal, Gauntlet Cap Recommendations for Polygon v3, and the addition of FXS to Ethereum V3. They have also advocated for reducing LT thresholds for Chaos Labs CRV Aave V3 Polygon, an interest rate update for wMATIC, and disabling Stable Borrows across all Aave networks until a security threat is resolved. Additionally, Kene_StableLab has taken positions on several other proposals, such as supporting the update of the Aave DAO's Asset Onboarding Framework, adding osETH to the Aave V3 Ethereum Market, and voting against adding EURC to the Aave V3 Avalanche Market due to insufficient liquidity. They have also shown support for the Financial Services Proposal involving karpatkey & TokenLogic, upgrading the Safety Module with StkGHO, freezing price feeds on Aave V3 Harmony, renewing Gauntlet's services for 2023, allowing the Emergency Admin to freeze on Aave V2, and endorsing Aave Funding Updates. Furthermore, they voted "Yes" on the GHO_Incident_Report and the ARFC Chaos Labs RF and IR Updates for Aave V2 Ethereum, as well as the Reserve Factor Updates for Polygon Aave V2.
The community has shown strong support for initiatives aimed at improving the Aave protocol, such as the Orbit delegate program, treasury management, and the activation of Aave's bug bounty program with Immunefi. There is a consensus on adding KNC and STG assets to Aave V3 Ethereum, offboarding TUSD, and deploying Aave V3 on Polygon's ZkEVM L2. The community also supports Gauntlet's recommendations to adjust stMATIC/MaticX non-emode LT/LTV on Polygon v3 and favors Option 2 to maintain the MATIC ecosystem's health. The community's reaction to Kene_StableLab's votes and support for various proposals indicates alignment with their views on asset management, security, and protocol development.
Posted a year ago
Last reply 19 hours ago
Summary updated 9 hours ago
Last updated 03/12 08:01