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113-chaoslabs-aave-engagement.md

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Proposal 113. Chaos Labs <> Aave


Voting link

https://app.aave.com/governance/proposal/?proposalId=113


Governance forum discussion

https://governance.aave.com/t/updated-proposal-chaos-labs-risk-simulation-platform/10025


BGD analysis


Proposal types

💸 funds-release

💳 funds-allowance


Context

This proposal bootstraps an engagement for services with Chaos Labs, in the context of risk assessment, parameters recommendation and tooling. The payload initiates a payment stream of 500'000 aUSDC, starting 6 months after proposal execution, and ending 6 months later.


Proposal creation

Transaction: https://etherscan.io/tx/0xa49bf1ae3f359f5b452d356bd113e2522edd9c733731c0756c29abb1675fe77e

- id: 113
- creator: 0xbc540e0729b732fb14afa240aa5a047ae9ba7df0
- executor: 0xee56e2b3d491590b5b31738cc34d5232f378a8d5
- targets: [0x691b41805f7ef2d7de6165bc42295b035a31600d]
- values: [0]
- signatures: [execute()]
- calldatas: [0x]
- withDelegatecalls: [true]
- startBlock: 15876593
- endBlock: 15895793
- strategy: 0xb7e383ef9b1e9189fc0f71fb30af8aa14377429e
- ipfsHash: 0x5d0543d0e66abc240eceeae5ada6240d4d6402c2ccfe5ad521824dc36be71c45

Aave Seatbelt report

https://github.com/bgd-labs/seatbelt-for-ghosts/blob/main/reports/Aave/0xEC568fffba86c094cf06b22134B23074DFE2252c/113.md


Technical analysis

We have verified the proposal payload does the following:

  1. By interacting with the AaveEcosystemReserveController, create a payment stream of aUSDC from the Aave v2 Ethereum Collector to the address defined as Chaos Labs recipient wallet.

The stream is defined considering 30-days months, which we consider acceptable.


BGD validations

✅ The code on the proposal payload corresponds to the proposal specification.

✅ The proposal includes a proper tests suite, checking all necessary post-conditions.

✅ BGD reviewed the payload before the proposal was submitted.

✅ Only one payload used via delegatecall

❌ BGD reviewed the procedure followed to submit the proposal.