TokenLogic Service Provider Proposal
01Summary
Aave DAO to onboard TokenLogic as a service provider through a 180-day GHO token stream worth 350,000 units, funded by swapping 350,000 aethDAI from the Treasury.
- Type
- treasury allocation
Key changes
- Swap 350,000 aethDAI from Treasury to GHO via Aave Swap contract(high)
- Create 180-day payment stream of 350,000 GHO units to TokenLogic address 0x3e4A9f478C0c13A15137Fc81e9d8269F127b4B40(high)
- Formalize TokenLogic as recognized service provider after 6 months of contributions(medium)
Notable concerns
- TokenLogic is a delegate within the Aave ecosystem, which may present conflicts of interest
- Payment is structured as 180-day stream requiring periodic claims rather than lump sum
Generated by Kvorum
02Description
Summary
This AIP will onboard TokenLogic as a service provider to the Aave protocol.
Motivation
TokenLogic has been contributing to Aave for nearly 6 months, and this publication formalizes our continued contribution to the Aave protocol by onboarding the team as a recognized service provider.
This funding will be used to support the TokenLogic team to deliver the scope as outlined in the TEMP CHECK. Further details about the proposal can be found on the ARFC forum post.
Specification
The following assets in the Treasury are to be swapped to GHO via the Aave Swap contract.
This AIP will call the createStream() method of the IAaveEcosystemReserveController interface to create a 180-day stream for 350,000 units of GHO.
The following address will be the recipient of the stream:
Address: 0x3e4A9f478C0c13A15137Fc81e9d8269F127b4B40
TokenLogic will periodically claim a fraction of the budget for the duration of the stream.
Implementation
A list of relevant links like for this proposal:
The proposal Payload was reviewed by Bored Ghost Developing.
Disclaimer
TokenLogic receives payment from only Aave DAO for the creation of this proposal. TokenLogic is a delegate within the Aave ecosystem.
Copyright
Copyright and related rights waived via CC0.
03Mismatch analysis
placeholder
Generated by Kvorum
04Actions
- Target
- 0xe5ca…1d83
- 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.
08Similar proposals
- aaveexecutedTokenLogic Service Provider Renewal90%
- aaveexecutedFunding Proposal: TokenLogic Financial Service Provider89%
- aaveexecutedTokenLogic & karpatkey Service Provider Partnership87%
- aaveexecutedTokenLogic Funding84%
- aaveexecutedTokenLogic + karpatkey - Phase II81%
- aaveexecutedFunding Proposal: karpatkey as GHO Growth Service Provider74%
- aaveexecutedChaos Labs <> Aave Risk Management Service Renewal73%
- aavecanceledChaos Labs <> Aave Risk Management Service Renewal72%
- aaveexecutedService Provider Compensation Reform for V4 Alignment72%
- aaveexecutedChaos Labs Scope and Compensation Amendment71%