StablecoinIRUpdates

The proposal description makes specific, concrete claims: raising Slope1 to 12% (13% for Bridged USDC) and uOptimal to 92% for DAI/USDC/USDT on Aave V3 Ethereum, across many listed deployments (V2 and V3 on Ethereum, Polygon, Avalanche, Optimism, Arbitrum, Base, Gnosis, Scroll, BNB). However, the decoded on-chain actions only show two generic execute() (fallback) calls to two contract addresses on Ethereum mainnet, with no decoded arguments revealing interest-rate curve parameters, asset addresses, or target markets. This is the standard pattern for Aave BGD-labs payloads: the mainnet governance vote triggers execute() on payload contracts whose bytecode contains the actual per-chain/per-asset parameter changes (Aave cross-chain governance then relays to other networks). Because the decoder did not surface the underlying calldata/storage writes inside these payload contracts, it is not possible to directly verify or refute the specific percentages (12%, 13%, 92%) or which assets/chains are affected. Given the well-known pattern and lack of any red flags (e.g., transfers to unknown addresses, unrelated function calls), there is no evidence of a mismatch, but confidence is necessarily low since the actual parameter changes are opaque in this decoded view. No discrepancy is reported because we cannot substantiate one from the available data, per guidance to avoid speculative flags when the calldata is too abstracted to compare against a detailed description.