KVORUM
aaveSource: Aave governor v2 · #341

v2 Deprecation Plan, 2023.10.03

executedOct 15, 2023, 01:06 AM UTCby680x683a…6c02

01Summary

AISummary by Kvorumclaude-haiku-4-5

Proposal to reduce Liquidation Threshold (LT) and Loan-to-Value (LTV) parameters for 17 frozen assets on Aave v2 Ethereum as part of the v2 deprecation framework. All LTV values are being set to 0, and LT values are being reduced across the board to encourage migration away from v2.

Type
parameter change

Key changes

  • Liquidation Threshold (LT) reductions for 17 assets ranging from 1% to 70%, including: 1INCH (40% to 24%), BAL (35% to 25%), BAT (40% to 1%), CRV (45% to 42%), CVX (35% to 33%), DPI (42% to 16%), ENJ (52% to 50%), ENS (52% to 50%), LINK (83% to 82%), MANA (54% to 48%), MKR (50% to 35%), REN (32% to 27%), SNX (49% to 43%), UNI (70% to 70%), xSUSHI (57% to 28%), YFI (50% to 45%), ZRX (42% to 37%)(high)
  • All Loan-to-Value (LTV) parameters set to 0 for affected assets (1INCH, ENS, LINK, MKR, SNX), effectively disabling borrowing against these collaterals(high)
  • Changes apply to frozen assets on Aave v2 Ethereum as part of the v2 deprecation framework(high)

Notable concerns

  • Disabling borrowing (LTV = 0) for multiple assets including blue-chip tokens like LINK and UNI may impact users with existing positions
  • Significant LT reductions on some assets (e.g., BAT from 40% to 1%, DPI from 42% to 16%) could trigger liquidations for leveraged positions
  • Users holding these frozen assets need to migrate to Aave v3 or other platforms
ContractsAave V2 Ethereum
Generated by Kvorum
model: claude-haiku-4-5
provider: anthropic
profile: anthropic-fast-v1
prompt: v1.0
generated: 2mo ago
Read the description ↗

02Description

304 words

Summary

Following the v2 deprecation framework, Gauntlet and Chaos recommend the following parameter changes to frozen assets on Aave v2 Ethereum.

Specification

AssetCurrent LTRec LTCurrent LTVRec LTV
1INCH40%24%30%0
BAL35%25%00
BAT40%1%00
CRV45%42%00
CVX35%33%00
DPI42%16%00
ENJ52%50%00
ENS52%50%42%0
LINK83%82%70%0
MANA54%48%00
MKR50%35%45%0
REN32%27%00
SNX49%43%36%0
UNI70%70%58%0
xSUSHI57%28%00
YFI50%45%00
ZRX42%37%00

Implementation

The proposal implements changes using the following payloads:

References

Disclaimer

Gauntlet and Chaos have not received any compensation from any third-party in exchange for recommending any of the actions contained in this proposal.

Copyright

Copyright and related rights waived via CC0.

By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.network/tos.

03Mismatch analysis

AIMismatch analysis by Kvorumlow confidenceclaude-sonnet-5
Consistent

The proposal description provides a detailed table of Liquidation Threshold (LT) and Loan-to-Value (LTV) changes for 17 frozen Aave v2 Ethereum assets, consistent with the standard v2 deprecation framework. The on-chain action is a single call to execute() (a fallback function) on a payload contract address, which is the standard pattern for Aave governance payloads: the actual parameter-setting logic (e.g., calls to LendingPoolConfigurator.setLiquidationThreshold/setLtv for each asset) lives in the target contract's bytecode rather than being visible as decoded arguments in this proposal_action row. Because the decoded calldata contains no explicit parameters, I cannot directly verify the individual numeric values (e.g., 1INCH LT 40%->24%) against the calldata itself — only against the linked source code, which is outside the scope of the decoded actions provided. There is no evidence of contradiction: the target contract address, chain, and zero value transfer are all consistent with a routine parameter-update payload matching the described asset list. However, since the payload's internal logic cannot be independently confirmed from the decoded action alone, confidence in this comparison is low. No numeric mismatches, target mismatches, or omissions are apparent from the information available, so I mark this as consistent but with low confidence due to the opacity of the single delegatecall action.

Generated by Kvorum
model: claude-sonnet-5
provider: anthropic
profile: anthropic-strong-v1
prompt: v1.0
generated: 2mo ago
Review the decoded actions ↗

04Actions

1 total
#0fallback()chain 0x1
Target
0xff37…d4b7
Value
0 wei
Function
fallback()
Arguments
{}
Calldata

05Tally

Summed from votes

Voters0
VP participating0
Outcome (current)—
Current support—

06Voters

0 total
Filter:
VoterChoice% of totalRationale
320x329c…3ed4For108K0.00%—3y ago
200x2079…d6ceFor101.2K0.00%—3y ago
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EA0xea17…6676For46.7K0.00%—3y ago
2C0x2cc1…4df1For43.7K0.00%—3y ago
B90xb933…8dd1For42K0.00%—3y ago
EZezr3al.eth0x8659…7d0eFor37.8K0.00%—3y ago
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07Forum

No forum thread is confidently linked to this proposal.