KVORUM
aaveSource: Aave governance v3 · #409

Deprecation of Low Demand Volatile Assets on Aave V3 Instances

executedNov 14, 2025, 02:04 PM UTCby570x57ab…2922

01Summary

AISummary by Kvorumclaude-haiku-4-5

This proposal sets the Loan-to-Value (LTV) ratio to 0% for 9 low-demand volatile assets across multiple Aave V3 instances (Ethereum Core, ZkSync, BNB, and Metis). Affected assets include UNI, CRV, BAL, ENS, LDO, 1INCH, ZK, Cake, and METIS. This is the second part of a deprecation initiative proposed by Chaos Labs.

Type
parameter change

Key changes

  • ZkSync ZK LTV reduced from 40% to 0%(medium)
  • Ethereum Core UNI LTV reduced from 65% to 0%(high)
  • Ethereum Core CRV LTV reduced from 35% to 0%(medium)
  • Ethereum Core BAL LTV reduced from 57% to 0%(high)
  • Ethereum Core ENS LTV reduced from 39% to 0%(medium)
  • Ethereum Core LDO LTV reduced from 40% to 0%(medium)
  • BNB Cake LTV reduced from 55% to 0%(high)
  • Ethereum Core 1INCH LTV reduced from 57% to 0%(high)

Notable concerns

  • Users with collateral in these assets will no longer be able to use them as collateral for borrowing
  • This is part of a multi-part deprecation initiative for low-demand volatile assets
ContractsAaveV3EthereumAaveV3ZkSyncAaveV3BNBAaveV3Metis
Generated by Kvorum
model: claude-haiku-4-5
provider: anthropic
profile: anthropic-fast-v1
prompt: v1.0
generated: 2mo ago
Read the description ↗

02Description

181 words

Simple Summary

This AIP is the second part of the deprecation of low demand asset proposed by Chaos Labs. It sets the LTV of some of them to 0%.

Motivation

A full run down of the motivation is available on the governance forum.

Specification

InstanceAssetCurrent LTVRecommended LTV
ZkSyncZK40%0
Ethereum CoreUNI65%0
Ethereum CoreCRV35%0
Ethereum CoreBAL57%0
Ethereum CoreENS39%0
Ethereum CoreLDO40%0
BNBCake55%0
Ethereum Core1INCH57%0
MetisMETIS30%0

References

Copyright

Copyright and related rights waived via CC0.

03Mismatch analysis

AIMismatch analysis by Kvorumlow confidenceclaude-sonnet-5
Consistent

The decoded calldata contains only a single generic execute() call to a payload contract address, with no decoded internal parameters. This is the standard pattern for Aave cross-chain governance proposals: the actual per-asset, per-market LTV changes (ZK, UNI, CRV, BAL, ENS, LDO, Cake, 1INCH, METIS) are implemented inside the referenced Solidity payload contracts (AaveV3Ethereum, AaveV3Metis, AaveV3BNB, AaveV3ZkSync), which are linked in the References section but not represented in the decoded on-chain action data provided here. Because the calldata trace does not expose the specific setLtv calls or their parameters, I cannot directly verify each claimed LTV change (e.g., confirm ENS or Cake LTV set exactly to 0) against the calldata - the single execute() action is opaque. This is a routine/expected structure for this type of proposal (single execute() to a dedicated payload contract), not evidence of tampering or mismatch. Given the lack of granular decoded data, I mark confidence as low and do not flag any discrepancy, since there is no visible contradiction between the description and the available calldata - only an inability to fully verify the specifics from what was decoded. Delegates relying on this analysis should independently check the linked implementation contract source for the exact setLtv values if they want full assurance beyond what the decoded calldata shows.

Generated by Kvorum
model: claude-sonnet-5
provider: anthropic
profile: anthropic-strong-v1
prompt: v1.0
generated: 2mo ago
Review the decoded actions ↗

04Actions

1 total
#0fallback()chain 0x1
Target
0x56c4…d2eb
Value
0 wei
Function
fallback()
Arguments
{}
Calldata

05Tally

Summed from votes

Voters0
VP participating0
Outcome (current)—
Current support—

06Voters

0 total

No votes recorded yet.

07Forum

No forum thread is confidently linked to this proposal.