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Event HorizonEvent Horizonby0xFAD69Bd739c64cC8e3f1C3bb3B60fe4f160174Cchvax.eth

[AAVE] stkAAVE Emissions

Voting ended 10 months agoSucceeded

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

Off-Chain Vote

YAE
172 HVAXVC82.3%
NAY
37 HVAXVC17.7%
Quorum:20900%
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Discussion

Event Horizon[AAVE] stkAAVE Emissions

Timeline

May 22, 2025Proposal created
May 23, 2025Proposal vote started
May 25, 2025Proposal vote ended
Mar 26, 2026Proposal updated