Extend stkAAVE Emissions
01Summary
Top up the AAVE allowance for stkAAVE staking rewards by extending the Ecosystem Reserve funding to cover 90 additional days of emissions at the current unchanged rate, ensuring uninterrupted reward distribution for stakers.
- Type
- parameter change
Key changes
- Reset and increase AAVE allowance from Ecosystem Reserve to cover remaining allowance plus 90 days of future stkAAVE emissions(high)
- Maintain current emission rate; no changes to emissionPerSecond, cooldown parameters, or slashing parameters(medium)
- Announce future repurposing of stkAAVE into no-risk staking (dividend yield) contract without immediate changes(medium)
Notable concerns
- Allowance amount depends on current on-chain emissionPerSecond which may vary
Generated by Kvorum
02Description
Simple Summary
Top-up the AAVE allowance for the Safety Module stkAAVE to extend rewards distribution by 90 days while keeping the current emission rate unchanged.
Motivation
The current stkAAVE allowance from the Ecosystem Reserve is approaching depletion. This proposal renews the allowance to ensure uninterrupted reward distribution for stakers.
Note: stkAAVE is not being phased out; it will be repurposed into a no-risk staking (dividend yield) contract.
Specification
- Target module: Safety Module stake token stkAAVE (
AaveSafetyModule.STK_AAVE). - Emission rate: Unchanged; the payload reads the current
emissionPerSecondon-chain. - Allowance adjustment (funding): Reset and set the AAVE allowance from the Ecosystem Reserve to cover remaining allowance + 90 days of future emissions:
allowance = currentAllowance + (emissionPerSecond * 90 days)
- No other changes: This payload does not modify stkAAVE emission rates, cooldown parameters, slashing parameters, or any other Safety Module settings.
References
- Implementation: AaveV3Ethereum
- Tests: AaveV3Ethereum
- Snapshot
- 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
- 0x3bc9…637e
- Value
- 0 wei
- Function
- fallback()
- Arguments
{}- Calldata
05Tally
Summed from votes
06Voters
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07Forum
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