[ARFC] Winding down Lend & Migration Contract

[ARFC] Winding down Lend & Migration Contract

Date: 2025-09-15

Author: ACI

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Summary

The current proposal intends to terminate any operations related to Lend and the Migrator Contract, realloacting all unspent budgets, assets, and any remaining token/emission into the Ecosystem Reserve, while ensuring minimal disruption to users and/or integrations.

Motivation

This proposal is following up on promises made in Aavenomics Part 1, freeing almost $100 million worth of AAVE to be used for further ecosystem growth and partnerships.

As announced multiple times over the past years and half a decade after opening the LEND to AAVE migration contract, it’s time to close the LEND chapter and focus on AAVE.

This proposal will remove all remaining AAVE—305k tokens at the time of writing—from the migration contract and redirect them to the ecosystem reserve.

Given that the community has had multiple years of notice, we consider it fair to close down the migration process. Additional communication and clear timeline for ending migration window is outlined below.

Specification

If the proposal pass the effective timeline of final possible migration to be December 31, 2025.

Relevant service providers will engage in final communication campaign with the final migration date.

Migration contract should be turned for shut down on December 31, 2025. All remaining AAVE tokens within migration contract should be redistributed back to the Aave DAO treasury.

Further ARFC can then be proposed for relevant distribution of AAVE tokens for growth and ecosystem incentives.

Useful Links:

https://etherscan.io/address/0x317625234562b1526ea2fac4030ea499c5291de4

Discloure

ACI is publishing this proposal independently, and did not receive any type of compensation for its creation.

Next Steps

1. Publication of a standard ARFC, collect community & service providers feedback before escalating proposal to ARFC snapshot stage.
2. If the ARFC snapshot outcome is YAE, work with relevant service providers to communicate and implement the timeline proposed in this ARFC.

Copyright

Copyright and related rights waived via CC0.