Events Grant 2024
01Summary
Aave DAO proposes allocating 650,000 GHO from treasury to Aave Labs for sponsoring events at EthCC Brussels and Devcon Bangkok in 2024, including hackathons, Open Finance Day, side events, branded merchandise, and rAAVE community gatherings to strengthen Aave's ecosystem presence and attract developers.
- Type
- treasury allocation
Key changes
- Transfer 650,000 GHO from Aave DAO treasury to Aave Labs wallet for 2024 event sponsorships(high)
- Fund hackathons and bounties to encourage developer participation on Aave Protocol and GHO(medium)
- Host Open Finance Day in partnership with key DeFi players featuring talks and networking(medium)
- Sponsor side events at major conferences for community awareness and technical knowledge sharing(medium)
- Create and distribute Aave and GHO branded merchandise using sustainable materials(low)
- Host two rAAVE flagship community events at EthCC Brussels and Devcon Bangkok with potential co-sponsorship partnerships(medium)
- Direct remaining budget to side events focused on DeFi security and smart contract technology, with excess rolling over to Q1 2025(low)
Notable concerns
- Co-sponsorship partners for rAAVE must be aligned with Aave Community values and conducted in balanced manner
- Aave Labs responsible for covering all team member expenses with no additional compensation requested
Generated by Kvorum
02Description
Summary
This AIP proposes the Aave DAO budget allocation on events at key ecosystem initiatives at EthCC and Devcon to help to reinforce Aave Protocol’s unique and positive culture, share technical knowledge, and attract new community members. These initiatives are aimed at helping to continue the expansion of the DeFi ecosystem by showcasing Aave Protocol’s core values.
Motivation
Aave Protocol has consistently been at the forefront of DeFi innovation with pioneering features. With a strong emphasis on security, usability, and composability, Aave has amassed a vibrant and engaged community of developers, users, contributors, and stakeholders.
Although the Aave Protocol has emerged as a leader within DeFi, the sector at large is still in its nascent stages, and Aave should work hard to retain its spot as a leader. For the events proposal from the DAO for 2024, Aave Labs wants to concentrate on proposing fewer but higher-quality events to maximize impact.
Specification
Aave Labs is requesting a budget allocation for 650,000 GHO for events for the remainder of 2024 for EthCC Brussels (45%) and Devcon Bangkok (55%). This proposal will transfer 650,000 GHO from the Aave DAO treasury to a wallet controlled by Aave Labs (0x1c037b3C22240048807cC9d7111be5d455F640bd).
These initiatives will serve multiple purposes:
-
Hackathons & Bounties: We want to encourage developers to build on Aave Protocol, as well as GHO. These hackathons not only provide a platform for the Aave community to connect with talented developers in both web3 and web2, and to remain visible and competitive in a growing industry, but also lead to the creation of innovative DeFi projects that enhance the Aave ecosystem. We propose to sponsor one ETHGlobal hackathon in Q4 in Bangkok.
-
Open Finance Day: We are hosting Open Finance Day in partnership with key players in DeFi for high quality talks, networking, and light bites. Talks will include members of the DeFi community, Aave Labs, and Aave DAO community members and service providers.
-
Side Events: Hosting side events alongside major conferences is an opportunity to increase community awareness, foster connections, and share technical knowledge, and industry insights. Typically featuring panels, workshops, and discussions led by industry experts, side events are designed to strengthen awareness of Aave and GHO technology among strategic audiences, reach new target audiences, and ensure Aave and GHO remain top-of-mind within and outside the community.
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Merch: Aave Labs seeks to create highly coveted Aave and GHO branded merchandise to distribute at events, as part of community engagement and awareness-building efforts as well as to proliferate the new visual identity and the beloved Ronnie ghost. Aave Labs will continue to push for the use of sustainable materials and creation of merchandise people actually wear, use, and love.
-
rAAVE: To celebrate the Aave community’s welcoming culture, we aim to host two more editions of the flagship rAAVE event. Throughout the past years rAAVE has positioned itself to be the most sought after event in the ecosystem. They foster community spirit and create memorable experiences. We will integrate the GHO Pass for ticketing logistics and manage press relations and social media to maximize awareness and inclusion. This year’s events will be hosted at EthCC in Brussels and Devcon in Bangkok. To mitigate some costs for rAAVE, we are planning to potentially obtain co-sponsorship with current or potentially new partners for the Aave ecosystem. Due to the event’s high visibility, it is crucial that if co-sponsorship is obtained, the selected partners are aligned with the Aave Community and this is conducted in a balanced manner.
After covering the aforementioned main sponsorships, any remaining budget will be directed towards side events related to the security of DeFi and smart contract technology. Any excess funds from this grant will be rolled over to be used for events during Q1 2025. A recap on last year’s events was posted to governance last December, here. Aave Labs shall cover all expenses for its team members, and this proposal does not request any funds for these expenses, or include any compensation for Aave Labs’ work.
References
- Implementation: AaveV3Ethereum
- Tests: AaveV3Ethereum
- Snapshot
- Discussion
Copyright
Copyright and related rights waived via CC0.
03Mismatch analysis
The decoded on-chain action is a single generic execute() call to a payload contract address, following Aave's standard governance short-executor pattern. This pattern delegates the actual execution logic (such as GHO token transfers) into the payload contract's own bytecode, which is not surfaced in the decoded arguments here. As a result, there is no way to directly verify from the provided calldata whether the specific amount (650,000 GHO), token, or recipient address described in the proposal text (0x1c037b3C22240048807cC9d7111be5d455F640bd) matches what will actually execute on-chain. No contradiction is visible, but also no confirmation is possible — the description's financial claims cannot be cross-checked against an opaque execute() call. Given the described action is entirely consistent with what one would expect from a standard treasury disbursement proposal via this executor pattern, and there is no evidence of any mismatch, I mark this as 'consistent' but with 'low' confidence since the actual transfer details are not decodable from the calldata provided. Delegates should ideally verify against the linked implementation contract source code (AaveV3Ethereum_EventsGrant2024.sol) referenced in the proposal to confirm the exact transfer parameters match the prose.
Generated by Kvorum
04Actions
- Target
- 0x0230…a93f
- Value
- 0 wei
- Function
- fallback()
- Arguments
{}- Calldata
05Tally
Summed from votes
06Voters
No votes recorded yet.
07Forum
No forum thread is confidently linked to this proposal.
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