[AAVE] Aave v3 Linea Activation

Voting ended about 1 year agoSucceeded

Simple Summary

This proposal allows the Aave governance to activate the Aave V3 Linea pool (3.2) by completing all the initial setup and listing USDC, USDT, WETH, WBTC, wstETH, ezETH, weETH as suggested by the risk service providers engaged with the DAO on the governance forum.

All the Aave Linea V3 addresses can be found in the aave-address-book.

Motivation

All the governance procedures for the expansion of Aave v3 to Linea have been finished, said:

Positive signaling and approval regarding the expansion on the governance forum, and snapshot.
Positive technical evaluation done by BGD Labs of the Linea network, as described in the forum in detail.
Positive risk analysis and assets/parameters recommendation by the risk service providers.

Specification

The proposal will do the following:

List the following assets on Aave V3 Linea: USDC, USDT, WETH, WBTC, wstETH, ezETH, weETH
Set the risk steward as the risk admin by executing ACL_MANAGER.addRiskAdmin().
Set the guardian address as the pool admin by executing ACL_MANAGER.addPoolAdmin(). This is following the standard procedure of keeping pool admin on the Aave Guardian during the bootstrap period, for security.
Set ACI multi-sig as liquidity mining admin for all aTokens and underlying tokens by calling EMISSION_MANAGER.setEmissionAdmin() method.

The table below illustrates the configured risk parameters for the assets to be listed:

| : | : | --: | --: | --: | -: | -: | | Isolation Mode | false | false | false | false | false | false | false | | Borrowable | ENABLED | ENABLED | ENABLED | ENABLED | ENABLED | DISABLED | DISABLED | | Collateral Enabled | true | true | true | true | true | true | true | | Supply Cap | 1,200 | 25 | 12,000,000 | 7,800,000 | 800 | 1,200 | 1,200 | | Borrow Cap | 1,100 | 12 | 11,000,000 | 7,150,000 | 400 | 1 | 1 | | Debt Ceiling | USD 0 | USD 0 | USD 0 | USD 0 | USD 0 | USD 0 | USD 0 | | LTV | 80 % | 73 % | 75 % | 75 % | 75 % | 72 % | 72.5 % | | LT | 83 % | 78 % | 78 % | 78 % | 79 % | 75 % | 75 % | | Liquidation Bonus | 6 % | 7 % | 5 % | 5 % |

... please visit link below to view full proposal

https://app.aave.com/governance/v3/proposal/?proposalId=245

Off-Chain Vote

YAE

65 HVAXVC97%

NAY

2 HVAXVC3%

Quorum:6700%

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Discussion

[AAVE] Aave v3 Linea Activation

Timeline

Feb 06, 2025Proposal created

Feb 07, 2025Proposal vote started

Feb 09, 2025Proposal vote ended

Mar 26, 2026Proposal updated

Simple Summary

All the Aave Linea V3 addresses can be found in the aave-address-book.

Motivation

All the governance procedures for the expansion of Aave v3 to Linea have been finished, said:

Positive signaling and approval regarding the expansion on the governance forum, and snapshot.

Positive technical evaluation done by BGD Labs of the Linea network, as described in the forum in detail.

Positive risk analysis and assets/parameters recommendation by the risk service providers.

Specification

The proposal will do the following:

List the following assets on Aave V3 Linea: USDC, USDT, WETH, WBTC, wstETH, ezETH, weETH

Set the risk steward as the risk admin by executing ACL_MANAGER.addRiskAdmin().

Set the guardian address as the pool admin by executing ACL_MANAGER.addPoolAdmin(). This is following the standard procedure of keeping pool admin on the Aave Guardian during the bootstrap period, for security.

Set ACI multi-sig as liquidity mining admin for all aTokens and underlying tokens by calling EMISSION_MANAGER.setEmissionAdmin() method.

The table below illustrates the configured risk parameters for the assets to be listed:

| : | : | --: | --: | --: | -: | -: | | Isolation Mode | false | false | false | false | false | false | false | | Borrowable | ENABLED | ENABLED | ENABLED | ENABLED | ENABLED | DISABLED | DISABLED | | Collateral Enabled | true | true | true | true | true | true | true | | Supply Cap | 1,200 | 25 | 12,000,000 | 7,800,000 | 800 | 1,200 | 1,200 | | Borrow Cap | 1,100 | 12 | 11,000,000 | 7,150,000 | 400 | 1 | 1 | | Debt Ceiling | USD 0 | USD 0 | USD 0 | USD 0 | USD 0 | USD 0 | USD 0 | | LTV | 80 % | 73 % | 75 % | 75 % | 75 % | 72 % | 72.5 % | | LT | 83 % | 78 % | 78 % | 78 % | 79 % | 75 % | 75 % | | Liquidation Bonus | 6 % | 7 % | 5 % | 5 % |

... please visit link below to view full proposal