Skip to content

Commit

Permalink
feat: added 307, 308, 309, 310, 311 (aave-dao#155)
Browse files Browse the repository at this point in the history
  • Loading branch information
eboadom authored Sep 3, 2023
1 parent ee5d897 commit 8f7f69d
Show file tree
Hide file tree
Showing 2 changed files with 99 additions and 0 deletions.
5 changes: 5 additions & 0 deletions README.md
Original file line number Diff line number Diff line change
Expand Up @@ -240,6 +240,11 @@ This repository is a public registry of all the Aave governance proposals verifi
| 304 | [Treasury management. Chaos Labs scope amendment](./reports/304-treasury-management-chaos-labs-budget-extension.md) |
| 305 | [Aave v2 Ethereum. CRV risk params update](./reports/305-aave-v2-ethereum-crv-risk-params-update.md) |
| 306 | [Aave v3/v2 Ethereum. sDAI listing and misc params update](./reports/306-aave-v3-ethereum-sDAI-listing.md) |
| 307 | [Aave v3 Ethereum. GHO unpause and freezing](https://github.com/bgd-labs/aave-proposals/blob/main/src/20230825_AaveV3_Eth_GhoFreezing/GhoFreezing.md) |
| 308 | [Aave v3 Ethereum. vGHO fix](https://github.com/bgd-labs/aave-proposals/blob/main/src/20230826_AaveV3_Eth_VGHOImprovement/VGHOImprovement.md) |
| 309 | [Aave v3 Optimism. Risk parameters update](./reports/309-aave-v3-optimism-risk-params-update.md) |
| 310 | [Aave Robot. Governance v2 Activation](https://github.com/bgd-labs/aave-proposals/blob/main/src/20230817_AaveRobotActivation/AaveRobotActivation.md) |
| 311 | [Aave Service Providers. BGD Phase 2](https://github.com/bgd-labs/aave-proposals/blob/main/src/20230828_AaveV3_Eth_AaveBGDPhase2/AaveBGDPhase2.md) |

<br>
<br>
Expand Down
94 changes: 94 additions & 0 deletions reports/309-aave-v3-optimism-risk-params-update.md
Original file line number Diff line number Diff line change
@@ -0,0 +1,94 @@
# Proposal 309. Aave v3 Optimism - Risk parameters update

<br>

### Voting link

[https://app.aave.com/governance/proposal/?proposalId=309](https://app.aave.com/governance/proposal/?proposalId=309)

<br>

### Governance forum discussion

[https://governance.aave.com/t/arfc-chaos-labs-risk-parameter-updates-aave-v3-optimism-2023-08-13/14466](https://governance.aave.com/t/arfc-chaos-labs-risk-parameter-updates-aave-v3-optimism-2023-08-13/14466)

<br>

## BGD analysis

<br>

### Proposal types

:wrench: :bar_chart: params-update

<br>

### Context

This proposal updates multiple risk parameters on Aave v3 Optimism.

<br>

### Proposal creation

Transaction: [https://etherscan.io/tx/0x26bc124a4cdb418cdc8f5c7acdf5b1c127cd66bd535c93f7befa6145587d1f3d](https://etherscan.io/tx/0x26bc124a4cdb418cdc8f5c7acdf5b1c127cd66bd535c93f7befa6145587d1f3d)

```
- id: 309
- creator: 0x329c54289ff5d6b7b7dae13592c6b1eda1543ed4
- executor: 0xee56e2b3d491590b5b31738cc34d5232f378a8d5
- targets: [0x5f5c02875a8e9b5a26fbd09040abcfdeb2aa6711]
- values: [0]
- signatures: [execute(address)]
- calldatas: [0x000000000000000000000000134c50556de1a83dd947c9460a58d8d60a289cea]
- withDelegatecalls: [true]
- startBlock: 18030309
- endBlock: 18049509
- strategy: 0xb7e383ef9b1e9189fc0f71fb30af8aa14377429e
- ipfsHash: 0xad315f6890989f8d141365f2d542e2639bdae782d12126532b469a79e9cb21be
```

<br>

### Aave Seatbelt report

**Ethereum**

[https://github.com/bgd-labs/seatbelt-for-ghosts/blob/main/reports/Aave/0xEC568fffba86c094cf06b22134B23074DFE2252c/309.md](https://github.com/bgd-labs/seatbelt-for-ghosts/blob/main/reports/Aave/0xEC568fffba86c094cf06b22134B23074DFE2252c/309.md)

**Optimism**

[https://github.com/bgd-labs/seatbelt-for-ghosts/blob/main/reports/Aave/0xEC568fffba86c094cf06b22134B23074DFE2252c/309_Optimism_pending_0.md](https://github.com/bgd-labs/seatbelt-for-ghosts/blob/main/reports/Aave/0xEC568fffba86c094cf06b22134B23074DFE2252c/309_Optimism_pending_0.md)


<br>

### Technical analysis

We have verified the [proposal payload](https://optimistic.etherscan.io/address/0x134c50556de1a83dd947c9460a58d8d60a289cea#code#F1#L13) updates the following parameters on Aave v3 Optimism, by using the BGD Config Engine:

WBTC

- Liquidation Bonus: 8.5% -> **7.5%**

wstETH

- LTV: 70% -> **71%**
- Liquidation Threshold: 79% -> **80%**

The proposal is consistent with the discussions on the Aave governance forum.

<br>

### BGD validations

:white_check_mark: The code on the proposal payload corresponds to the proposal specification.

:white_check_mark: The proposal includes a proper tests suite, checking all necessary post-conditions.

:white_check_mark: BGD reviewed the payload before the proposal was submitted.

:white_check_mark: Only one payload used via delegatecall

:white_check_mark: BGD reviewed the procedure followed to submit the proposal.

0 comments on commit 8f7f69d

Please sign in to comment.