Safety Incentives Implementation
01Summary
This proposal authorizes the transfer of 401,500 AAVE tokens from the Aave Ecosystem Reserve to the Safety Module contracts (stkAAVE and stkABPT) to fund safety incentives for the next year, eliminating the need for quarterly reviews and moving to an on-demand review schedule.
- Type
- treasury allocation
Key changes
- Approve 200,750 AAVE transfer to stkAAVE contract (0x4da27a545c0c5B758a6BA100e3a049001de870f5)(high)
- Approve 200,750 AAVE transfer to stkABPT contract (0xa1116930326D21fB917d5A27F1E9943A9595fb47)(high)
- Shift from quarterly emission scheme reviews to on-demand community reviews with annual funding cycles(medium)
Generated by Kvorum
02Description
AIP rationale
As a complementary final action following the AIP 18,
This proposal extends the ability for the Safety Module contracts (stkAAVE and stkABPT) to transfer the AAVE rewards out of the Aave Ecosystem Reserve for the next year onwards (200750 AAVE each, 401500 AAVE for both staking contracts).
Doing so will allow continuation of the safety incentives for at least one year.
This will remove the need for periodic quarterly review of the emission scheme, changing the approach to an on demand emission review when the community deems necessary. Only one yearly review will be required.
ARC content in short
- With the AIP-18 and this proposal, Safety Incentives are maintained until a change is implemented for the next year.
Relevant Links
- AIP-19 postponing the end of safety incentives: https://app.aave.com/governance/14-QmTYMox4aBpyQH53LwMzTuJY2z7Df7ANUSakeeeWWUoXmJ
- Aavenomics : https://docs.aave.com/aavenomics/
Implementations details
executes approve(0x4da27a545c0c5B758a6BA100e3a049001de870f5, 200750) and approve(0xa1116930326D21fB917d5A27F1E9943A9595fb47, 200750) on the Aave ecosystem reserve 0x25f2226b597e8f9514b3f68f00f494cf4f286491. https://etherscan.io/address/0x4da27a545c0c5B758a6BA100e3a049001de870f5 is the stkAAVE contract and https://etherscan.io/address/0xa1116930326D21fB917d5A27F1E9943A9595fb47 is the stkABPT address.
Copyright
Copyright and related rights waived via CC0.
03Mismatch analysis
I compared the two approve() calls described in the proposal against the two decoded actions. The recipients (stkAAVE and stkABPT contract addresses) and amounts (200750 AAVE each, correctly matching 200750e18 in wei) align exactly between the description and the calldata, confirming the core intent of the proposal — extending AAVE reward transfer allowances to the Safety Module contracts — is faithfully represented. The only discrepancy is that the description names the target contract as the Aave Ecosystem Reserve itself (0x25f2226b...), while the calldata's actual target is a different address (0x1e506cbb...), which functions as a reserve controller executing approve(token, recipient, amount) on behalf of the reserve. This is a well-known Aave governance pattern and does not change the economic effect of the proposal, so I classify it as a low-severity target_mismatch rather than a material or severe issue. No other omissions, extra actions, or value mismatches were found. Overall, the proposal is a minor discrepancy rather than material or severe, given the effect stated is accurately achieved.
Discrepancies
- lowtarget mismatch
The description states the approve calls are executed directly on the Aave Ecosystem Reserve (0x25f2226b597e8f9514b3f68f00f494cf4f286491), but the decoded calldata actually targets a different contract (0x1e506cbb6721b83b1549fa1558332381ffa61a93). This address is consistent with the known AaveEcosystemReserveController, which executes approve(token, recipient, amount) on behalf of the reserve — a standard architectural pattern for this type of proposal — but the description's stated target address does not match the actual on-chain call target.
“executes approve(0x4da27a545c0c5B758a6BA100e3a049001de870f5, 200750) and approve(0xa1116930326D21fB917d5A27F1E9943A9595fb47, 200750) on the Aave ecosystem reserve 0x25f2226b597e8f9514b3f68f00f494cf4f286491.”
Generated by Kvorum
04Actions
- Target
- 0x1e50…1a93
- Value
- 0 wei
- Function
- approve(address,address,uint256)
- Arguments
{ "0": "0x7Fc66500c84A76Ad7e9c93437bFc5Ac33E2DDaE9", "1": "0x4da27a545c0c5B758a6BA100e3a049001de870f5", "2": "200750000000000000000000" }- Calldata
- Target
- 0x1e50…1a93
- Value
- 0 wei
- Function
- approve(address,address,uint256)
- Arguments
{ "0": "0x7Fc66500c84A76Ad7e9c93437bFc5Ac33E2DDaE9", "1": "0xa1116930326D21fB917d5A27F1E9943A9595fb47", "2": "200750000000000000000000" }- Calldata
05Tally
Summed from votes
06Voters
| Voter | Choice | % of total | Rationale | ||
|---|---|---|---|---|---|
| DD0xdd70…8202 | For | 183.5K | 36.82% | — | 6y ago |
| 9B0x9b5e…0499 | For | 100.7K | 20.20% | — | 6y ago |
| A30xa3f0…b233 | For | 63.6K | 12.77% | — | 6y ago |
| F50xf5fb…2c6f | For | 50.8K | 10.20% | — | 6y ago |
| 700x704d…a0df | For | 48.4K | 9.72% | — | 6y ago |
| 4B0x4bf0…40fc | For | 25.8K | 5.18% | — | 6y ago |
| 800x80dc…c146 | For | 25.3K | 5.08% | — | 6y ago |
| 7F0x7f18…caed | For | 72 | 0.01% | — | 6y ago |
| 8D0x8d07…a265 | For | 50 | 0.01% | — | 6y ago |
| 3C0x3c0a…a7b8 | For | 45.3 | 0.01% | — | 6y ago |
| D50xd589…5685 | For | 27.1 | 0.01% | — | 6y ago |
| 070x07da…fcf1 | For | 5.9 | 0.00% | — | 6y ago |
| DD0xddfd…6a29 | For | 2.1 | 0.00% | — | 6y ago |
| E40xe47b…e51c | For | 1.2 | 0.00% | — | 6y ago |
07Forum
No forum thread is confidently linked to this proposal.
08Similar proposals
- aaveexecutedRenew allowance of the Aave Safety Module88%
- aaveexecutedAavenomics quarterly upgrade Q2 202184%
- aaveexecutedSafety Module stkAAVE - Re-enable Rewards81%
- aaveexecutedExtend stkAAVE Emissions80%
- aaveexecutedReduce Safety Module Emissions80%
- aaveexecutedExtend stkAAVE Emissions80%
- aaveexecutedAIP 7: Aavenomics quarterly upgrade79%
- aaveexecuted[ARFC] Safety Module & Umbrella Emission Update79%
- aaveexecutedSafety Module Emissions Update79%
- aaveexecutedstkAAVE Emissions77%