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Aave DAOAave DAOby0x30Fe242a69D7694a931791429815DB792E24cF970x30Fe…cF97

Update the AMM market assets

Voting ended over 4 years agoSucceeded

Since the launch a few months ago, the Aave AMM market has proven to be an interesting value proposition for the Aave protocol. At some point, the Market was around 500M in market size and it generated 80K USD worth of assets for the ecosystem reserve. Since launch though, uniswap has in the meantime migrated to V3 (which doesn't have fungible positions) and balancer to V2, which means all the LP shares currently listed in the AMM market are now obsolete. This is affecting the AMM market TVL, that now dropped to around 60M. I propose that the AMM market is renewed as following:

  • Delist the following LP Shares:

    1. UNI REN/WETH
    2. UNI DAI/USDC
  • List the following balancer V2 LP shares:

    1. WBTC/WETH
    2. BAL/WETH
    3. WETH/DAI
    4. USDC/WETH
    5. WETH/USDT
    6. MKR/WETH
    7. SNX/WETH
    8. SNX/WETH
    9. YFI/WETH
  1. LINK/WETH
  2. DPI/WETH/WBTC

Off-Chain Vote

Update the AMM market
564.81 100%
Dismiss the AMM market
0 0%
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Timeline

Jul 22, 2021Proposal created
Jul 22, 2021Proposal vote started
Jul 25, 2021Proposal vote ended
Oct 26, 2023Proposal updated