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Simple Summary
Re-enable stkAAVE incentives emissions for 90 days in anticipation of the launch of Umbrella.
Motivation
With the recent reward cycle allowance coming to an end soon, this proposal aims to renew $AAVE emissions for stkAAVE holders. The stkAAVE module has proven to be a crucial mechanism as an AAVE supply sink, currently holding a TVL of $480M and accounting for 18.8% of the supply. It is recommended to maintain these emissions in anticipation of upcoming Umbrella developments, with adjustments to be made following the outcomes of the Umbrella upgrade.
More information on stkAAVE can be found in these dashboards, here and here.
Specification
- Set new allowance to 360 AAVE per day for 90 days
- Include prior remaining allowance
References
- Implementation: AaveV3Ethereum
- Tests: AaveV3Ethereum
- Snapshot: Direct-to-AIP
- Discussion
Copyright
Copyright and related rights waived via CC0.
https://app.aave.com/governance/v3/proposal/?proposalId=315
Discussion
Timeline
- May 22, 2025Proposal created
- May 23, 2025Proposal vote started
- May 25, 2025Proposal vote ended
- Dec 12, 2025Proposal updated