KVORUM
aaveSource: Aave governor v2 · #348

Enable borrow of OP token

executedOct 21, 2023, 08:33 AM UTCby320x329c…3ed4

01Summary

AISummary by Kvorumclaude-haiku-4-5

This proposal enables borrowing of OP tokens on the Aave V3 Optimism pool, completing the implementation of AIP-337. OP token parameters were previously updated with a 500k borrow cap and 30% LTV, but borrowing was not enabled. This proposal activates borrowing functionality to match the original intent.

Type
protocol addition

Key changes

  • Enable borrowing of OP token on Aave V3 Optimism pool(high)
Contracts0x42000000000000000000000000000000000000420x5f5c02875a8e9b5a26fbd09040abcfdeb2aa6711
Generated by Kvorum
model: claude-haiku-4-5
provider: anthropic
profile: anthropic-fast-v1
prompt: v1.0
generated: 2mo ago
Read the description ↗

02Description

227 words

Simple Summary

This proposal updates the OP lending pool to make it reflect the change voted in AIP-337.

Motivation

While a previous AIP updated the parameters of the Aave V3 Optimism pool for the OP asset, it didn't enable the borrow of the Optimism token. Thus this AIP proposes to deliver the second part of the AIP-337 by enabling borrowing of OP tokens matching it's original intent.

Specification

New Risk Parameters:

ParameterValue
AssetOP
Enabled to BorrowEnabled

As a reminder, here are the previously updated parameters:

ParameterValue
AssetOP
Supply Cap10M
Borrow Cap500k
Loan To Value (LTV)30%
Liquidation Threshold (LT)40%
Liquidation Penalty (LP)10%
Liquidation Protocol Fee (LPF)10%
Stable BorrowDisabled
Base Variable Rate0%
Slope17%
Slope2300%
Optimal Ratio45%
Reserve Factor (RF)20%

References

Copyright

Copyright and related rights waived via CC0.

03Mismatch analysis

AIMismatch analysis by Kvorumlow confidenceclaude-sonnet-5
Consistent

The proposal uses Aave's standard cross-chain governance pattern: a single mainnet action calling execute(address) on a bridge/executor contract, passing the address of a payload contract that is expected to contain the actual parameter changes (in this case, enabling borrowing for the OP reserve on Optimism). The decoded calldata only shows this outer call and the payload address argument; the internal logic of the payload contract (0x9c11F54bA3c44ED7945D2405C15060bcD209f53e) is not decoded or available for direct inspection here. This is the typical, expected structure for this type of Aave proposal, and there is no evidence in the visible calldata that contradicts the description's claim of enabling OP borrowing. However, because the actual parameter-setting logic lives inside an undecoded payload contract, I cannot fully verify at the byte level that the payload does exactly and only what the description claims (no more, no less). Given the standard pattern matches expectations and no contrary evidence exists, I assess this as consistent, but confidence is low due to the inability to inspect the payload's internal calls directly.

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
#0execute(address)chain 0x1
Target
0x5f5c…6711
Value
0 wei
Function
execute(address)
Arguments
{
  "0": "0x9c11F54bA3c44ED7945D2405C15060bcD209f53e"
}
Calldata

05Tally

Summed from votes

Voters191
VP participating558.6K
Outcome (current)For
Current support100%

06Voters

191 total
Filter:
VoterChoice% of totalRationale
320x329c…3ed4For117.2K20.99%—3y ago
070x0703…961bFor88.1K15.77%—3y ago
130x13bd…8548For61.3K10.97%—3y ago
230x2331…7e73For60K10.74%—3y ago
2C0x2cc1…4df1For43.7K7.82%—3y ago
B90xb933…8dd1For42K7.52%—3y ago
EA0xea17…6676For38.9K6.97%—3y ago
EZezr3al.eth0x8659…7d0eFor37.9K6.79%—3y ago
570x57ab…2922For25.9K4.65%—3y ago
E40xe459…e666For20K3.58%—3y ago
870x8787…ea52For18K3.23%—3y ago
180x1855…98baFor5K0.90%—3y ago
5A0x5acb…eedfFor310.80.06%—3y ago
DF0xdf06…4977For27.30.00%—3y ago
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Showing 50

07Forum

No forum thread is confidently linked to this proposal.