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v3-116-gho-steward-update.md

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Proposal 116. Gho Steward Update.


Voting link

https://vote.onaave.com/proposal/?proposalId=116


Governance forum discussion

https://governance.aave.com/t/arfc-gho-stewards/16466/11


Payloads


Certora analysis


Proposal types

📜🔺 contract upgrade

🤝 permission granting or revoking


Context

This proposal updates the Gho Steward to a more efficient version, which allows more granular control over Gho to increase it’s efficiency. The new Steward will be able to update the GSM fee strategy by 50 bps both ways, update the borrow Cap in both ways and to update exposure Cap in both ways.


Proposal creation

Transaction: https://etherscan.io/tx/0xe8b8e8018377be18c14aac65d6a0cf8beeab23c77a8d81ec06031b46c61333c3

- proposalId: 116
- creator: 0x57ab7ee15ce5ecacb1ab84ee42d5a9d0d8112922
- accessLevel: 1
- ipfsHash: 0x685d3dd3b1e9e81a3f9df5739b0a8d742c32c781eda70a75f3916c1ddd4b5920

createProposal() parameters

{
  "payloads": [ 
    { 
      "chain": "1", 
      "accessLevel": "1", 
      "payloadsController": "0xdAbad81aF85554E9ae636395611C58F7eC1aAEc5", 
      "payloadId": "135" 
    }, 
  ], 
  "votingPortal": "0x9b24C168d6A76b5459B1d47071a54962a4df36c3", 
  "ipfsHash": "0x685d3dd3b1e9e81a3f9df5739b0a8d742c32c781eda70a75f3916c1ddd4b5920" 
}

Aave Seatbelt report

Proposal report

https://github.com/bgd-labs/seatbelt-gov-v3/blob/main/reports/proposals/116.md

Payload reports


Technical analysis

We have verified that the payload is setting the new Gho Steward as Risk admin over the facilitators of Gho and removes the old admin from being a pool admin over the facilitators of Gho.


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.