Signalling Vote: Repay Aave Loan in Full Once ETH Reaches $4500

Last week, I posted an RFC proposal outlining a strategy to repay the Mutual's current Aave v3 loan on Ethereum mainnet in full once ETH reaches $4500.

In this RFC, I have proposed that members grant the Advisory Board the power to sell ETH at or above $4500 to repay the Aave v3 loan in full, remove the ETH collateral from Aave v3, and return the ETH to the Capital Pool.

To gauge member support for this RFC, I have created this non-binding signalling vote. The outcome of this vote will be used to create the final NMPIP ahead of an onchain vote in January 2025.

Voting Options

• Option 1: I support this proposal
• Option 2: I do not support this proposal

The RFC on the Nexus Mutual Governance Forum

For the complete details of the RFC, please review the RFC: Strategy to Repay Aave Loan Once ETH Reaches $4500 forum post.