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v3-45-amend-safety-module-emissions.md

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Proposal 45. Amend Safety Module Emissions.


Voting link

https://vote.onaave.com/proposal/?proposalId=45


Governance forum discussion

https://governance.aave.com/t/arfc-amend-safety-module-emissions/16640


Payloads


Certora analysis


Proposal types

🔧 📊 configuration update


Context

This proposal modifies the daily AAVE emissions across the three Safety Module in order to support GHO stability and the 1:1 peg.


Proposal creation

Transaction: https://etherscan.io/tx/0x7b827a57bdad0633b6b3d2ab30960ba936e0e49027a87b3c3b23042f82e7d5c4

- proposalId: 45
- creator: 0x57ab7ee15ce5ecacb1ab84ee42d5a9d0d8112922
- accessLevel: 1
- ipfsHash: 0x6079957be200c574924e7da977bc296374ac89604d488a737c19684bf1a2cc45

createProposal() parameters

{
  "payloads": [ 
    { 
      "chain": "1", 
      "accessLevel": "1", 
      "payloadsController": "0xdAbad81aF85554E9ae636395611C58F7eC1aAEc5", 
      "payloadId": "74" 
    }, 
  ], 
  "votingPortal": "0x9b24C168d6A76b5459B1d47071a54962a4df36c3", 
  "ipfsHash": "0x6079957be200c574924e7da977bc296374ac89604d488a737c19684bf1a2cc45" 
}

Aave Seatbelt report

Proposal report

https://github.com/bgd-labs/seatbelt-gov-v3/blob/main/reports/proposals/45.md

Payload reports


Technical analysis

We have verified that the payload modifies the daily AAVE emissions of the following Safety Modules:

  • stkAAVE: Old: 385 AAVE/Day New: 360 AAVE/Day

  • stkBPT: Old: 385 AAVE/Day New: 360 AAVE/Day

  • stkGHO: Old: 50 AAVE/Day New: 100 AAVE/Day


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.