Renew allowance of the Aave Safety Module
01Summary
This proposal extends AAVE token allowance for the Safety Module (stkAAVE and stkABPT) to continue distributing safety incentives for two more years, maintaining current emission rates without modification. A total of 802,300 AAVE will be made available from the Aave Ecosystem Reserve over this period.
- Type
- parameter change
- Funding
- $802300 AAVE
Key changes
- Reset and increase AAVE allowance from Aave Ecosystem Reserve to stkAAVE contract for two-year safety incentive distribution(high)
- Reset and increase AAVE allowance from Aave Ecosystem Reserve to stkABPT contract for two-year safety incentive distribution(high)
- Allocate 401,500 AAVE to stkAAVE for safety incentives over two years(high)
- Allocate 401,500 AAVE to stkABPT for safety incentives over two years(high)
- Maintain current emission rate without modification(medium)
Notable concerns
- This is a technical continuation requiring community review of emission rates in the future if changes are needed
Generated by Kvorum
02Description
Simple Summary
This proposal aims to extend the allowance of AAVE for safety incentives on the Aave Safety Module for two years at the current emission, pending eventual review of the emission rate by the community.
Abstract
This proposal extends the ability for the Safety Module contracts (stkAAVE and stkABPT) to transfer the AAVE rewards out of the Aave Ecosystem's Reserve for the next two years onwards (401'500 AAVE each; 802'300 AAVE in total).
Doing so will allow the technical continuation of the safety incentives for at least two years, but submitted to any change of the community at any moment, as this proposal doesn't modify the emission per second currently configured.
This continues the strategy for which changing the emission requires an on demand emission review when the community deems necessary. Only one yearly review will be required. This update represents a purely technical update to allow the continuation of the incentives and to stackers that have rewards left to claim to receive their incentives.
Relevant links
- AIP-19 postponing the end of safety incentives: https://app.aave.com/governance/14-QmTYMox4aBpyQH53LwMzTuJY2z7Df7ANUSakeeeWWUoXmJ
- Aavenomics : https://docs.aave.com/aavenomics/
Implementation
This proposal exclusively increases the allowance of AAVE from the AAVE Ecosystem's reserve (owner) to stkAAVE and stkABPT (spenders). In order to comply with the requirements of the Controller of the Reserve, there is a previous reset of allowance to 0, before the increase.
Target Contracts
AllowanceRenewalSMPayload = https://etherscan.io/address/0x83fba23163662149b33dbc05cf1312df6dcba72b#code
Copyright
Copyright and related rights waived via CC0.
03Mismatch analysis
The proposal follows the standard Aave governance pattern where a single on-chain action delegatecalls a dedicated payload contract (AllowanceRenewalSMPayload) that encapsulates the detailed logic described in the prose (resetting and renewing AAVE allowances for stkAAVE and stkABPT for two years at the current emission rate). The decoded calldata shows exactly one action targeting the exact contract address cited in the description's 'Target Contracts' section, with a generic execute()/fallback() signature typical of these payload wrappers. Because the actual allowance-setting logic lives inside the payload contract's bytecode rather than being visible as separate decoded parameters in this action list, we cannot line-item verify the exact 401,500 AAVE figures or the zero-reset step from the calldata alone. However, this is standard practice for Aave AIPs of this type, the target address matches precisely, and there is no evidence of any extra or missing action, redirected recipient, or unrelated function call. Given the match on target contract and the well-known pattern for this proposal type, I assess this as consistent, with medium confidence due to the inability to fully decode the internal payload parameters from the provided data.
Generated by Kvorum
04Actions
- Target
- 0x83fb…a72b
- 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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