Safety Module stkAAVE - Re-enable Rewards
01Summary
Proposal to renew AAVE emissions to stkAAVE holders for 180 days at the current rate of 360 AAVE per day, maintaining the safety module as a supply sink mechanism ahead of upcoming Umbrella upgrades.
- Type
- parameter change
Key changes
- Renew AAVE emissions to stkAAVE holders for 180 days at 360 AAVE per day(high)
- Maintain stkAAVE module as an AAVE supply sink with current TVL of $480M representing 18.8% of AAVE supply(high)
Notable concerns
- Emissions adjustment will be reassessed following Umbrella upgrade outcomes
Generated by Kvorum
02Description
Simple Summary
This publication proposes renewing the AAVE emissions to stkAAVE holders for the following 180 days.
Motivation
With the conclusion of the recent reward cycle, this proposal aims to renew $AAVE emissions for stkAAVE holders. The stkAAVE module has proven to be a crucial mechanism as an AAVE supply sink, currently holding a TVL of $480M and accounting for 18.8% of the supply. It is recommended to maintain these emissions in anticipation of upcoming Umbrella developments, with adjustments to be made following the outcomes of the Umbrella upgrade.
More information on stkAAVE can be found in these dashboards, here and here.
Specification
This proposal will implement the following changes to the AAVE emissions across the three SM categories:
| Asset | Current AAVE/Day | Proposed AAVE/Day |
|---|---|---|
| stkAAVE | 360 | 360 |
References
- Implementation: AaveV3Ethereum
- Tests: AaveV3Ethereum
- Discussion
Copyright
Copyright and related rights waived via CC0.
03Mismatch analysis
A calldata-vs-description analysis is not generated yet. Review the decoded actions →
04Actions
- Target
- 0x4773…5b5b
- Value
- 0 wei
- Function
- fallback()
- Arguments
{}- Calldata
05Tally
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06Voters
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07Forum
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