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The Aave community is considering a proposal to restructure its stable coin holdings and budget to ensure capitalization for the next 6 months, with a focus on transitioning to GHO for payments and managing asset transfers. The community has largely responded positively, appreciating the proposal's clarity and transparency, though there are concerns about fund sufficiency and liquidity risks; a Snapshot vote is underway to decide on the proposal.
The Aave community is engaged in a discussion regarding a proposal to update the Aave DAO's stable coin holdings to ensure sufficient capitalization for the next 6 months. This is in response to anticipated new service provider proposals. The proposal includes a detailed budget for various service providers and highlights the need for additional GHO as the DAO transitions from using AAVE for payments. It also involves plans for asset transfers and migrations to make sure funds are available in the correct forms and locations. An amendment to AIP #2 has been proposed by TokenLogic to prepare for Gauntlet's funding, which involves depositing and swapping various stable coins into Aave v3 and v2 Ethereum, and GHO12.
Posted 2 months ago
Last reply a day ago
Summary updated a day ago
Last updated 09/12 13:52