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Event HorizonEvent Horizonby0xFAD69Bd739c64cC8e3f1C3bb3B60fe4f160174Cchvax.eth

[AAVE] Set REZ, KERNEL and rsETH Emission Admin to ACI

Voting ended about 1 year agoSucceeded

Simple Summary

This proposal enables ACI to distribute REZ, KERNEL and rsETH rewards across several instances of Aave v3.

Motivation

The Kelp team proposes distributing rsETH and KERNEL rewards on Core and Prime instances of Aave v3 to incentivize rsETH deposits and drive adoption. Similarly, the Renzo team seeks to distribute REZ rewards across Prime instance of Aave v3 to support the growth of ezETH deposits.

Both teams aim to leverage these rewards to foster the continued adoption and expansion of rsETH and ezETH within the Aave ecosystem. The ACI team will manage the distribution of rewards on behalf of Kelp and Renzo.

Specification

Aave Core & Prime:

The emission admin role for KERNEL, REZ and rsETH is granted to 0xdef1FA4CEfe67365ba046a7C630D6B885298E210.

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=235

Off-Chain Vote

YAE
62 HVAXVC98.4%
NAY
1 HVAXVC1.6%
Quorum:6300%
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Discussion

Event Horizon[AAVE] Set REZ, KERNEL and rsETH Emission Admin to ACI

Timeline

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