[AAVE] Set ACI as Emission Manager for USDS, aUSDS and awstETH
Simple Summary
This AIP proposes to appoint the Aave-Chan Initiative (ACI) as the Emission Manager for USDS, aUSDS and awstETH on Aave Ethereum Main & Lido instances.
Motivation
Liquidity mining programs are essential for attracting liquidity providers by offering rewards for their participation. Effective management of these programs is crucial for the sustained growth of the Aave Ecosystem. Therefore, with its extensive experience and strategic partnerships, ACI is well-positioned to manage these emissions effectively.
To support Aave & Sky ecosystem synergies, The ACI will manage liquidity mining programs for USDS suppliers on Aave.
This proposal also seeks to allow wstETH suppliers on the lido instance to receive incentives in line with the Ahab Program
Specification
The ACI multisig address will be set as the emission manager via the setEmissionAdmin() method in the relevant emission manager contracts for USDS & aUSDS.
ACI multisig address: 0xac140648435d03f784879cd789130F22Ef588Fcd USDS: 0xdC035D45d973E3EC169d2276DDab16f1e407384F aEthUSDS*: 0x32a6268f9Ba3642Dda7892aDd74f1D34469A4259 aEthLidoUSDS*: 0x09AA30b182488f769a9824F15E6Ce58591Da4781 Aave Emission Manager contract on Ethereum: 0x223d844fc4B006D67c0cDbd39371A9F73f69d974
- This payload requires the AIP-175 to be executed to allow aEthUSDS & aEthLidoUSDS creation
References
- Implementation: AaveV3Ethereum
- Tests: AaveV3Ethereum
- Discussion
Copyright
Copyright and related rights waived via CC0.
Off-Chain Vote
YAE
8 HVAXVC88.9%
NAY
1 HVAXVC11.1%
Timeline
Oct 02, 2024Proposal created
Oct 03, 2024Proposal vote started
Oct 05, 2024Proposal vote ended
Mar 26, 2026Proposal updated