Skip to content

Latest commit

 

History

History
107 lines (63 loc) · 2.79 KB

v3-52-ALC-funding.md

File metadata and controls

107 lines (63 loc) · 2.79 KB
Raw

Proposal 52. Aave Liquidity Committee Funding.


Voting link

https://vote.onaave.com/proposal/?proposalId=52


Governance forum discussion

https://governance.aave.com/t/arfc-aave-liquidity-committee-funding/16793


Payloads


Certora analysis


Proposal types

💰 🧾 asset transfer


Context

This proposal funds the Aave Liquidity Committee (ALC) with 500k GHO to further stabilize USD peg and establish its utility through integration with variety of DeFi protocols.


Proposal creation

Transaction: https://etherscan.io/tx/0x584aec551283b86eb809992f392043f57259eb6c193718a78647a99c5607a94b

- proposalId: 52
- creator: 0x57ab7ee15ce5ecacb1ab84ee42d5a9d0d8112922
- accessLevel: 1
- ipfsHash: 0x488049214c45263bdb7a736cb12a857d7e6f269ad6df8f76bf18361ea25ec921

createProposal() parameters

{
  "payloads": [ 
    { 
      "chain": "1", 
      "accessLevel": "1", 
      "payloadsController": "0xdAbad81aF85554E9ae636395611C58F7eC1aAEc5", 
      "payloadId": "82" 
    }, 
  ], 
  "votingPortal": "0x9b24C168d6A76b5459B1d47071a54962a4df36c3", 
  "ipfsHash": "0x488049214c45263bdb7a736cb12a857d7e6f269ad6df8f76bf18361ea25ec921" 
}

Aave Seatbelt report

Proposal report

https://github.com/bgd-labs/seatbelt-gov-v3/blob/main/reports/proposals/52.md

Payload reports


Technical analysis

We have verified that the following aTokens were withdrawn from the Aave V2 pool on behalf of the treasury and swapped to gho:

USDC: 250k

USDT: 250k

We also verified that 500k GHO were approved as allowance to the ALC SAFE wallet from the treasury.


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.