Skip to content
New issue

Have a question about this project? Sign up for a free GitHub account to open an issue and contact its maintainers and the community.

Sign up for GitHub

By clicking “Sign up for GitHub”, you agree to our terms of service and privacy statement. We’ll occasionally send you account related emails.

Already on GitHub? Sign in to your account

Jump to bottom

[Example] Sample aip #213

Open
wants to merge 2 commits into
base: main
Choose a base branch
from
Open

[Example] Sample aip #213

Changes from all commits
Commits
Show all changes
2 commits
Select commit Hold shift + click to select a range
4d8e2ab
Add AIP for updating LB of AAVE in V2
miguelmtzinf Oct 14, 2021
9d339a4
fix: Adjust AIP text with latest specs
miguelmtzinf Oct 28, 2022
File filter

Filter by extension

Filter by extension
Conversations
Failed to load comments.
Loading
Jump to
Jump to file
Failed to load files.
Loading
Diff view
Diff view
32 changes: 32 additions & 0 deletions content/aips/UPDATE_LB_AAVE_ETH_V2.md
View file
Open in desktop
Original file line number Diff line number Diff line change
@@ -0,0 +1,32 @@
---
title: Update the Liquidation Bonus of AAVE in Aave Ethereum V2 Market
author: Author's Name (@GitHubUsername)
shortDescription: Update LB of AAVE in V2
discussions: <governance forum thread>
created: 2021-09-07
---

## Simple Summary

A proposal to increase the Liquidation Bonus of AAVE in V2 Market.

## Abstract

Recent investigations highlighted the importance of optimizing liquidation bonuses. The current Liquidation Bonus of AAVE reserve is misaligned with the liquidation bonuses of others reserves.

## Motivation

The current liquidation bonus of AAVE drives to multiple issues. The change of the parameter will help to prevent and avoid future problems of the system related to this reserve.

## Specification

- Current Liquidation Bonus of AAVE: 8%
- Recommended Liquidation Bonus Update of AAVE: 10%

## Implementation

The proposal sets the liquidation bonus by calling `configureReserveAsCollateral` on the `PoolConfigurator` contract at `0x311Bb771e4F8952E6Da169b425E7e92d6Ac45756`, using the address and parameters specific to `AAVE` token.

## Copyright

Copyright and related rights waived via [CC0](https://creativecommons.org/publicdomain/zero/1.0/).