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The discussion focused on implementing proposed parameter changes on the Aave V2 AMM market, primarily freezing G-UNI DAI/USDC and G-UNI USDC/USDT reserves due to low liquidity. The future of the AMM V2 market, suggested for deprecation due to low usage, is pending a Snapshot vote.
The discussion primarily revolved around the proposed parameter changes on the Aave V2 AMM market. This proposal was a joint recommendation by Gauntlet, BGD Labs, Chaos Labs, and Aave Companies. The main objective was to freeze the G-UNI DAI/USDC and G-UNI USDC/USDT reserves, a decision driven by their low liquidity levels and limited activity. The freezeReserve method was suggested as the means to implement these changes on the AMM Pool Configurator1.
As the discussion progressed, Pauljlei provided an update about the publication of a new AIP2. This proposal was later passed and successfully executed4. Following this, Pauljlei put forth another recommendation. This time, it was about deprecating the AMM V2 market. The rationale behind this suggestion was the market's low usage and the fact that major assets were available on V2 ETH and V3 ETH. To decide on this, a Snapshot vote was scheduled for 4/20/20234.
In conclusion, the discussion led to the successful execution of the proposed parameter changes on the Aave V2 AMM market. The future of the AMM V2 market is yet to be decided, pending the outcome of the Snapshot vote.
Posted 8 months ago
Last reply 8 months ago
Summary updated 2 months ago
Last updated 08/12 04:39