https://app.aave.com/governance/proposal/?proposalId=224
🔧 📊 params-update
This proposal updates the interest rate strategies of multiple assets on Aave v2 Ethereum and Polygon.
Transaction: https://etherscan.io/tx/0x05152e33582d861b7047254680588b249783be8d680936423f91bb90a74717cf
- id: 224
- creator: 0x683a4f9915d6216f73d6df50151725036bd26c02
- executor: 0xee56e2b3d491590b5b31738cc34d5232f378a8d5
- targets: [0x24bdacf6bbebaf567123da16cdb79a266597e92b,0x158a6bc04f0828318821bae797f50b0a1299d45b]
- values: [0,0]
- signatures: [execute(),execute(address)]
- calldatas: [0x,0x000000000000000000000000f22c8255ea615b3da6ca5cf5aecc8956bff07aa8]
- withDelegatecalls: [true,true]
- startBlock: 17247483
- endBlock: 17266683
- strategy: 0xb7e383ef9b1e9189fc0f71fb30af8aa14377429e
- ipfsHash: 0x6a96992b967855038741da685558e17d2f167dee2b41af0154d31499a574b940
Ethereum
Polygon
We have verified that on the non-Ethereum payloads, the proposal uses correctly the Aave cross-chain governance system to communicate with Polygon.
Regarding the changes on each we have verified they are the following.
FRAX:
- Variable slope 2: 75% -> 100%
GUSD:
- Optimal usage ratio: 80% -> 70% (with
maxExcessUsageRatio
properly adjusted to 30%) - Variable slope 2: 100% -> 150%
USDP:
- Optimal usage ratio: 90% -> 80% (with
maxExcessUsageRatio
properly adjusted to 20%) - Variable slope 2: 60% -> 75%
USDT:
- Variable slope 2: 75% -> 100%
- Stable slope 2: 75% -> 100%
WBTC:
- Variable slope 1: 8% -> 4%
USDT:
- Optimal usage ratio: 90% -> 80% (with
maxExcessUsageRatio
properly adjusted to 20%) - Variable slope 2: 60% -> 100%
- Stable slope 2: 60% -> 100%
WBTC:
- Variable slope 1: 8% -> 4%
WETH:
- Variable slope 1: 8% -> 4%
WMATIC:
- Optimal usage ratio: 45% -> 65% (with
maxExcessUsageRatio
properly adjusted to 35%) - Variable slope 1: 7% -> 6%
The updates are aligned with those defined in the proposal's description, and the inconsistencies with the forum/Snapshot have been disclosed by the proposer HERE, and are reasonable.
✅ 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.
✅ Multiple payloads used via delegatecall
✅ BGD reviewed the procedure followed to submit the proposal.