The Aave Chan Initiative (ACI) Service Provider 6-Month Budget Proposal (ARFC) was introduced by MarcZeller on the discussion board. This proposal, which has already passed a TEMP CHECK via snapshot vote, is designed to allocate funds to the ACI treasury for the next six months. The funds are intended to cover a wide range of ACI's activities within the Aave community, including team compensation, community engagement, research and development, infrastructure costs, tooling subscriptions, marketing, and communications¹.

The proposal's primary motivation is to secure the necessary resources for ACI to continue its valuable work and contribution to the Aave ecosystem. If the proposal is approved, a stream of the allocated budget will be activated, with treasury.aavechan.eth as the recipient. The technical implementation of this involves the AIP calling the createStream() method of the IAaveEcosystemReserveController interface to create a 180-day stream of 250,000 aUSDT¹.

MarcZeller later confirmed that the ARFC has progressed to the Snapshot stage² and subsequently to the AIP stage, with voting scheduled to commence the following day³. This progression signifies the community's interest and engagement in the proposal, and the upcoming vote will determine its final approval and implementation.