Posted on behalf of the mStable ProtocolDAO
This forum post and MCCP 5 specified the proposal to migrate DAI and WBTC that are in mStable's SAVE to Aave v2.
DAI is currently deposited in Compound, while WBTC is not deposited in any lending protocol. This proposal seeks to increase the overall yield on interest bearing mAssets, due to higher yields on Aave v2 and in addition, making use of the liquidity mining to earn staked AAVE (a.k.a stkAAVE). The proceeds of this earned asset will go towards interest bearing mUSD (imUSD) and interest bearing mBTC (imBTC) asset holders.
Should we migrate DAI and WBTC to Aave v2?