Launch Aave Folding Strategy for USDC and DAI

This is a proposal to launch a new yield strategy for the protocol for USDC and DAI with to start with a debt ratio of 10%.

Context

We have worked on an improved yield strategy to improve the yield the protocol makes on its DAI and USDC in reserves. The strategy consists in lending on Aave and borrowing a portion of what is lent (doing some folding) to optimize the AAVE rewards obtained by the protocol.

The strategy has been forked from Yearn, with some changes to optimize revenue made by the protocol. It's been tested in mainnet fork for more than a month and successfully provided up to 2x higher yield than the current yield strategy at some times.

Proposal

The proposal is to grant a debt ratio to 10% to these strategies and reduce the debt ratio of the other strategy for USDC and DAI to 85%. Idea is to start with a rather small debt ratio, but to be increased once the strategy will have made its proofs in real mainnet conditions.

Vote

1. For: launch strategy with 10% DR
2. Against: do nothing