Extend stkAAVE Emissions
01Summary
Increase AAVE allowance for stkAAVE Safety Module rewards by 90 days of emissions from the Ecosystem Reserve to ensure uninterrupted staker rewards while keeping emission rates unchanged. stkAAVE will be repurposed as a no-risk staking contract.
- Type
- parameter change
Key changes
- Reset and increase AAVE allowance from Ecosystem Reserve to cover current allowance plus 90 days of stkAAVE emissions at unchanged emission rate(high)
- Extend rewards distribution for stkAAVE stakers by 90 days without modifying emission rates, cooldown parameters, or slashing parameters(high)
- Repurpose stkAAVE into a no-risk staking (dividend yield) contract while maintaining current functionality(medium)
Notable concerns
- The exact USD amount of the allowance increase depends on current emissionPerSecond rate which is not specified in the proposal
- Current allowance approaching depletion necessitates this extension to avoid interruption to stakers
Generated by Kvorum
02Description
Simple Summary
Increase 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
The decoded on-chain action is a single generic execute()/fallback() call to what appears to be an Aave governance payload contract (consistent with the standard Aave v3 payload pattern where a proposal calls execute() on a dedicated contract that then performs the detailed logic internally via delegatecall). The calldata provided does not decode the internal operations (e.g., the specific AAVE.approve() call to the Ecosystem Reserve, the emissionPerSecond read, or any configurator calls), so it is not possible to directly verify the numeric claims in the description (90-day allowance top-up formula, unchanged emission rate, no changes to cooldown/slashing) against granular calldata parameters. Nothing in the single decoded action contradicts the description, and the target contract call itself is consistent with the referenced implementation contract linked in the proposal. Because the calldata is too coarse-grained to confirm or refute the specific claims, confidence is low and no discrepancies are flagged — there is no evidence of mismatch, but also no way to fully corroborate the details from calldata alone. This is typical for Aave's payload-based governance architecture and not itself a red flag.
Generated by Kvorum
04Actions
- Target
- 0x5acc…041d
- Value
- 0 wei
- Function
- fallback()
- Arguments
{}- Calldata
05Tally
Summed from votes
06Voters
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07Forum
No forum thread is confidently linked to this proposal.
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