v3-84-aave-v3-optimism-risk-parameter-updates-op.md

Proposal 84. Risk Parameter Updates - OP on V3 Optimism.

Voting link

https://vote.onaave.com/proposal/?proposalId=84

Governance forum discussion

https://governance.aave.com/t/arfc-chaos-labs-risk-parameter-updates-op-on-v3-optimism/17326

Payloads

• Optimism - proposal payloads

Certora analysis

Proposal types

🔧 📊 configuration update

Context

This proposal increases liquidation threshold and LTV of OP asset on Aave-V3-Optimism as part of observation done by Chaos Labs on OP's supply.

Proposal creation

Transaction: https://etherscan.io/tx/0x01bedd4f795efc6fb2c0b266214a5a60bff4c5c531fdd7db78bd5b9566fef5b0

- proposalId: 84
- creator: 0x57ab7ee15ce5ecacb1ab84ee42d5a9d0d8112922
- accessLevel: 1
- ipfsHash: 0x0f8510f9117fbe8129a35eb4a72232ed483cb75a4650b7f81fedeafe17a24912

createProposal() parameters

{
  "payloads": [ 
    { 
      "chain": "10", 
      "accessLevel": "1", 
      "payloadsController": "0x0E1a3Af1f9cC76A62eD31eDedca291E63632e7c4", 
      "payloadId": "26" 
    }, 
  ], 
  "votingPortal": "0x9b24C168d6A76b5459B1d47071a54962a4df36c3", 
  "ipfsHash": "0x0f8510f9117fbe8129a35eb4a72232ed483cb75a4650b7f81fedeafe17a24912" 
}

Aave Seatbelt report

Proposal report

https://github.com/bgd-labs/seatbelt-gov-v3/blob/main/reports/proposals/84.md

Payload reports

• Optimism V3 - https://github.com/bgd-labs/seatbelt-gov-v3/blob/main/reports/payloads/10/0x0E1a3Af1f9cC76A62eD31eDedca291E63632e7c4/26.md

Technical analysis

We have verified that the payload increases the liquidation threshold and the LTV of OP by the following parameters:

LTV: 50%

LT: 60%

The proposal is consistent with the description on the governance forum.

Certora 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.

✅ Certora reviewed the procedure followed to submit the proposal.