Deprecate Aave V2 AMM Market

Summary

Given the low usage of the V2 AMM market and its risk/reward profile, Gauntlet recommends deprecating the Aave V2 AMM market. For more details, see the full forum post here.

Motivation

Given the low level of usage on the AMM V2 market, and the fact that the only unfrozen assets are now majors (DAI, USDC, USDT, WBTC, ETH) that are available on V2 ETH and V3 ETH, we recommend deprecating the AMM V2 market. This includes freezing all assets (DAI, USDC, Tether, WBTC, ETH).

Freezing assets does not liquidate positions.

Specification

This AIP proposes the following actions for the Aave V2 AMM market.

Freeze all assets: - DAI - USDC - USDT - WBTC - ETH

Implementation

The proposal implements changes on Aave V2 AMM Market using the freezeReserve method of the LendingPoolConfigurator contract located at 0x23a875ede3f1030138701683e42e9b16a7f87768

Copyright

Copyright and related rights waived via CC0.

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