Over the past year, Llamaxyz has made significant contributions to the Aave DAO, developing several tools including Aave Swapper, StrategicAssetManager, and Polygon Bridge tool¹. They have been instrumental in forming strategic partnerships and deploying on-chain proposals across various platforms¹. They have also been successful in earning yield by deploying a portion of the DAO’s funds across diversified strategies¹.

Llamaxyz has been proactive in exploring various hedging options for the Ecosystem Reserve, setting up off-chain infrastructure to claim all revenue to the treasury for Aave V3 on multiple platforms, and improving the capital efficiency of the Safety Module (SM)¹. They have also been involved in publishing a 6-part Temp Check with proposed upgrades to the Safety Module and providing detailed analysis of the Safety Module's performance¹.

In addition to these, Llamaxyz has worked on upgrading the Aave ARC market, supported DeFi integrations, and developed StrategicAssetManager to enable Aave DAO to vote in other DAOs’ proposals¹. They have also undertaken additional projects such as unwinding Aave’s aFEI holding for DAI and depositing the DAI into the Aave v2 Ethereum Pool DAI Reserve¹.

Notably, Llamaxyz worked with Chaos Labs to propose AIP-125, which allows users to deposit assets across the majority of reserves rather than freezing pools as outlined in AIP-121¹. They also co-authored an ARC with Gauntlet to propose a path forward for covering $1.6m in excess debt from CRV markets¹.

The discussion concluded with the passing of the [ARFC] Repay Excess CRV Debt on Ethereum v2 snapshot on 12/16/2022, which cleared the excess debt on the Aave V2 protocol ahead of the launch of Aave V3¹. The Aave Grants DAO was renewed under AIP-145 and the excess CRV debt was repaid on Ethereum v2 under AIP-146¹. The Aave Swapper was deployed and an update was shared on the forum¹. The Aave Polygon<>Ethereum Bridge was developed with the contract address: 0xc9...bDA1¹. The Aave Grants DAO Dashboard was also published¹. JosepBove expressed gratitude for Llamaxyz's contributions to the DAO².