MIP 26: Stop COMP & stkAAVE Liquidations

It is proposed to alter the current workflow on Ethereum mainnet of regularly liquidating all earned COMP and stkAAVE rewards from platform deposits to Compound and Aave for Save users and changing this process to instead reroute rewards to the TreasuryDAO for Asset Management and diversification purposes.

A new smart contract Unliquidator will be deployed to replace the currently deployed Liquidator. As the previous smart contract was conceptualized to claim rewards (mainly stkAAVE and COMP), and liquidate those, the new smart contract will be used for claiming and transferring the rewards to the Asset Management subDAO.

Links

• RFC: Stop COMP & stkAAVE Liquidations
• Proposal: MIP 26: Stop COMP & stkAAVE Liquidations
• Discussion: MIP 26: Stop COMP & stkAAVE Liquidations

Should the COMP and stkAAVE platform rewards stop being liquidated and instead be rerouted to the TreasuryDAO as proposed in MIP 26?