Earn Yield While Participating in Governance with Flexible Voting. Plus, ETHforAll Hackathon, Initial v3 Ethereum Integrations, Wintermute Delegation Platform & More
For anyone who has been looking forward to a rescue mission, including: Spotlight 🔦 | Protocol 📰 | Ecosystem 🧉 | Governance ⚖️ | Events 📆 | Hey Anon 👻
Spotlight: Flexible Voting by ScopeLift 🔦
ScopeLift announced their Flexible Voting integration 🎉 The integration allows users to participate in governance even with tokens that are earning yield in a protocol like Aave. No more choosing between governance participation and earning yield! Let’s say Uniswap adopts Flexible Voting, then users could deposit UNI into Aave and still participate in Uniswap governance. Read more about the integration including the technical challenges the team solved and a detailed example of a future with Flexible Voting.
Protocol 📰
-
Following the deployment of v3 on Ethereum last week, many integrations in the ecosystem have gone live including:
Ecosystem 🧉
-
The ETHforAll hackathon by ETHIndia is kicking off this weekend! Over 7,000 hackers have already signed up. AGD is excited to be sponsoring and giving away $5k in prizes.
-
Chaos Labs shared their Parameter Recommendation Platform for Aave.
-
Are you a grantee on Lens? Share your handle! (Reminder, all previous grantees are eligible to claim a handle 🌿)
Governance ⚖️
Follow the latest governance updates from Boardroom
🎉 🪅 🥳 🎊 🥂
Proposals
👻 Aave Improvement Proposals:
-
Aave V3 Ethereum (147). Executed on January 27th.
-
Repay Excess CRV Debt on Ethereum v2 (146). Succeeded with 100% voting “YAE” and was executed on January 25th.
-
Renew Aave Grants DAO (145). Succeeded with 100% voting “YAE” and was executed on January 25th.
⚡️ Snapshot:
-
Onboard rETH (rocket pool ETH) to Aave V3 ethereum market (Pending).
-
Add wstETH to Optimism Aave v3 (Pending).
-
wETH Interest Rate Curve - Ethereum v2. A proposal from Llama to “amend wETH interest rate parameters on Aave v2 Ethereum.”
-
Compensate Bug Bounty Contributor. This proposal succeeded on January 27th with nearly 100% voting to send 20 AAVE to the “contributor for risk analysis conducted during market volatility.”
🗣 Provide feedback on these Aave Requests for Comment (ARCs):
-
Proposal: Onboarding sfrxETH from Frax Protocol to Aave V3 Ethereum Market. This idea “presents the community with the opportunity to add sfrxETH to the Ethereum V3 market as a reserve.”
-
LDO Emission_Admin for Ethereum, Arbitrum and Optimism v3 Liquidity Pools. This proposal would “enable Lido to distribute LDO rewards across the Aave v3 Ethereum, Arbitrum and Optimism Liquidity Pools.”
-
Gauntlet Borrow/Supply Cap Updates for Aave v3 OP and Aave v3 AVAX. Two options are presented, with different assumptions.
-
Onboard Gamma Strategies’ USDC/GHO Uni v3 Collateral to Mint GHO. Discussion continues with a contribution from FranklinDAO.
-
Add Support for cbETH. Discussion continues.
-
Onboard rETH (rocket pool ETH) to Aave V3 ethereum market. Discussion continues.
-
Repay Excess CRV Debt on Ethereum v2. Some discussion continues.
-
Aave Protocol Plan for Shanghai Upgrade. Gauntlet provides initial commentary and analysis.
In the Forums
Risk parameter recommendations for new asset listings. Chaos Labs and Gauntlet work together to provide a framework for v3.
Disclosure. Llama reveals a rescue they performed after AIP-144 was executed.
Wintermute @WintermuteGovernance delegate platform has been added. And so has that of @JesusCryptoPlaza.
Delegate platform updates from @lbsblockchain and FranklinDAO (@PennBlockchain).
Governance research discussion continues.
Interest rate curve changes to Aave v2 ETH. @pauljlei from Gauntlet posts a recommendation update.
Quick Gov Links: Governance FAQ | Governance Docs | Discord Governance Channel | Snapshot | AIPs | Aave on Boardroom
Events 📆
ETHforAll Hackathon by Devfolio: February 4th to 19th 💻
Hey Anon 👻
Have you seen the different LSD coming to v3?