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Over the past year, Llamaxyz has significantly contributed to the Aave DAO, developing tools like Aave Swapper, StrategicAssetManager, and Polygon Bridge, forming strategic partnerships, and deploying on-chain proposals. They've also improved the capital efficiency of the Safety Module, upgraded the Aave ARC market, supported DeFi integrations, and co-authored proposals such as AIP-125 and an ARC with Gauntlet, leading to the clearance of excess debt on the Aave V2 protocol.
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.
Posted 2 months ago
Last reply 2 months ago
Summary updated a month ago
Last updated 03/12 08:00