[AAVE] September Funding Update - Part A
Simple Summary
This AIP will migrate funds from Aave v2 to v3 on Polygon, withdraw funds from Polygon, Arbitrum and Optimism to Ethereum, rescue Paraswap funds. This AIP also executes for reimbursing for the funding of Guardian signers, and create allowances to the Merit and Ahab.
Motivation
As part of our ongoing Treasury asset rebalancing, this proposal when implemented will continue the migration of assets from v2 instances of Aave to v3. In response to recent events, funds currently locked in the Paraswap adapter contracts will be send to the DAOs Treasury. Due to size of these holding, this will only be performed on Polygon, Optimism, Ethereum and Arbitrum where this proposal is already intending updating the DAOs holdings.
Specification
Migrate the following assets from Aave v2 to v3 Polygon.
amUSDT (All-100x10^6) amDAI (All-1.0x10^18) amWMATIC (All-1.0x10^18) amWETH (All-1.0x10^18) amWBTC (All-1.0x10^8) amLINK (All-1.0x10^18)
Transfer the following assets to Ethereum.
| Polygon | Arbitrum | Optimism | | -- | | | | amUSDC.e (All-100x10^6) | aArbUSDC (All-100x10^6) | aOptUSDC (All-100x10^6) | | aPolUSDC (All-100x10^6) | aArbLUSD (All-1.0x10^18) | aOptLUSD (All-1.0x10^18) |
Rescue Paraswap Funds
Rescue funds held in the Paraswap adapter contracts and send back to Treasury in line with this PR 454 on Ethereum.
Gas Rebate
Transfer 0.264 ETH to 0x818C277dBE886b934e60aa047250A73529E26A99 (karpatkey) reimbursing for the funding of Guardian signers.
Swap funds to GHO
| Ethereum |
| : |
|---|
| aUSDC (1.25M) |
| aUSDT (1.25M) |
| DAI (All) |
| aDAI (All-1.0x10^-18) |
| aEthDAI (0.5M) |
| aLUSD (All-1.0x10^-18) |
| LUSD (All) |
| FRAX (All) |
| aFRAX (All-1.0x10^-18) |
Merit + Ahab Programs
Create allowances to the Merit and Ahab, 3M GHO and 800 aEthWETH from Aave v3 Ethereum: SAFE: 0xdeadD8aB03075b7FBA81864202a2f59EE25B312b
References
- Implementation: AaveV3Ethereum, AaveV3Polygon, AaveV3Optimism, AaveV3Arbitrum
- Tests: AaveV3Ethereum, AaveV3Polygon, AaveV3Optimism, AaveV3Arbitrum
- Snapshot: Direct-to-AIP
- Discussion
Copyright
Copyright and related rights waived via CC0.
Off-Chain Vote
YAE
12 HVAXVC100%
NAY
0 HVAXVC0%
Discussion
Timeline
Nov 29, 2024Proposal created
Nov 30, 2024Proposal vote started
Dec 02, 2024Proposal vote ended
Mar 26, 2026Proposal updated