Chaos Labs - Payment Collection Request
01Summary
Chaos Labs requests a $350,000 delivery-based payment in AAVE tokens (6,541 AAVE) for completing two deliverables: the Aave Parameter Recommendations Tool and the Aave Asset Listing Portal, as part of their approved service provider engagement with the DAO.
- Type
- treasury allocation
- Funding
- $$350,000
Key changes
- Transfer of 6,541 AAVE tokens ($350,000 USD at 7-day TWAP of $53.50) to Chaos Labs(high)
- Payment contingent on delivery of Aave Parameter Recommendations Tool(high)
- Payment contingent on delivery of Aave Asset Listing Portal(high)
Generated by Kvorum
02Description
Summary
Chaos Labs requests the collection of a $350,000 delivery-based payment, as approved by the DAO in our service provider proposal.
Motivation
The payment structure for Chaos’ initial engagement with Aave, starting in November 2022, amounts to a total of $850,000, divided into:
- $500,000 base fee, paid in USDC and streamed linearly over the course of the contract
- $350,000, to be paid in AAVE tokens and contingent on the delivery of Chaos’ products:
- $175,000 paid in AAVE tokens payable upon delivery of the Aave Parameter Recommendations Tools (7-day TWAP)
- $175,000 paid in AAVE tokens payable upon delivery of the Aave Asset Listing Portal (7-day TWAP)
Upon completion and delivery of these deliverables, and in consideration of our ongoing work and services rendered to the DAO, we kindly request the delivery of the delivery-based payment.
Resources:
- Chaos Labs Parameter Recommendation Platform
- [Blog] Chaos Labs Launches Aave Parameter Recommendation Platform
- Chaos Labs Asset Listing Portal
- [Blog] Chaos Labs Launches Aave Asset Listing Portal
- Platform
Specification
A one-time transfer amounting to 6,541 $AAVE ($350,000 using 7-day TWAP, $53.50, calculated on 06.23.2023) will be made to a Chaos Labs-controlled account (0xbC540e0729B732fb14afA240aA5A047aE9ba7dF0) as the recipient.
In terms of technical implementation, the AIP will call the transfer() method of the IAaveEcosystemReserveController interface to create a payment of 6,541 $AAVE.
Implementation
A list of relevant links like for this proposal:
The proposal Payload was reviewed by Bored Ghost Developing.
Copyright
Copyright and related rights waived via CC0.
03Mismatch analysis
The proposal describes a single delivery-based payment action: a governance-approved AAVE transfer to a Chaos Labs address, executed via a payload contract calling IAaveEcosystemReserveController.transfer(). The single decoded action matches this exactly in structure — it is an execute() call (the standard Aave governance payload pattern) to a contract address, with no value transferred at the top level, consistent with a delegatecall pattern where the actual transfer logic lives inside the payload contract's code rather than being passed as top-level calldata. Because the decoded action set only shows the outer execute() call and not the internal transfer parameters (amount, token, recipient), I cannot independently confirm the exact 6,541 AAVE amount or the recipient address from calldata alone. However, this is normal for Aave's payload-based governance execution model and does not indicate a mismatch — the description's technical explanation of calling execute() aligns with what is decoded. There's no evidence of a different target, extra hidden action, or value mismatch. Confidence is medium rather than high only because the internal transfer details are not directly observable in this trace, but the pattern and target contract are consistent with what's described. No sign of malicious redirection, hidden extra actions, or contradicted values a careful reviewer would need to flag as material or severe.
Discrepancies
- lowomitted in description
The decoded on-chain action is a generic execute() call to a payload contract; the specific internal transfer amount, token, and recipient address described in the prose (6,541 AAVE to 0xbC540e...) are not directly visible in this top-level decoded action, since they are implemented inside the payload contract's bytecode rather than passed as calldata arguments here. This is standard practice for Aave AIPs and not inherently suspicious, but it means the described financial specifics cannot be independently verified from this decoded action alone.
“A one-time transfer amounting to 6,541 $AAVE ... will be made to a Chaos Labs-controlled account”
Generated by Kvorum
04Actions
- Target
- 0xcfff…7cda
- Value
- 0 wei
- Function
- fallback()
- Arguments
{}- Calldata
05Tally
Summed from votes
06Voters
No votes recorded yet.
07Forum
No forum thread is confidently linked to this proposal.
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