v3-193-aave-BGD-phase-4.md

Proposal 193. Aave BGD Phase 4.

Voting link

https://vote.onaave.com/proposal/?proposalId=193

Governance forum discussion

https://governance.aave.com/t/aave-bored-ghosts-developing-phase-4/19484/7

Payloads

• Ethereum - proposal payloads

Certora analysis

Proposal types

🏦 payment stream

Context

This Proposal for an engagement of development and security services between the Aave DAO and BGD Labs, from 1st October 2024 until 1st April 2025.

Proposal creation

Transaction: https://etherscan.io/tx/0x590ceba6615c7890e87eabc7688bd333b081e1e839638a98429e2c22fe73d946

- proposalId: 193
- creator: 0xf71fc92e2949ccf6a5fd369a0b402ba80bc61e02
- accessLevel: 1
- ipfsHash: 0x0b70648bec071bb3647ec46eebafe02991bc0ff0b0b335ece55cb273b6aadbce

createProposal() parameters

{
  "payloads": [ 
    { 
      "chain": "1", 
      "accessLevel": "1", 
      "payloadsController": "0xdAbad81aF85554E9ae636395611C58F7eC1aAEc5", 
      "payloadId": "200" 
    }, 
  ], 
  "votingPortal": "0x9b24C168d6A76b5459B1d47071a54962a4df36c3", 
  "ipfsHash": "0x0b70648bec071bb3647ec46eebafe02991bc0ff0b0b335ece55cb273b6aadbce" 
}

Aave Seatbelt report

Proposal report

https://github.com/bgd-labs/seatbelt-gov-v3/blob/main/reports/proposals/193.md

Payload reports

• Ethereum - https://github.com/bgd-labs/seatbelt-gov-v3/blob/main/reports/payloads/1/0xdAbad81aF85554E9ae636395611C58F7eC1aAEc5/200.md

Technical analysis

We have verified that the proposal initiates an upfront transfer of 1,150,000 aUSDC and 2,500 AAVE tokens, followed by a payment stream of equivalent values, covering the specified duration until April 1, 2025, from the Aave DAO's treasury and Ecosystem Reserve as agreed with BGD Labs.

The proposal is consistent with the description on both Snapshot and 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.