added proposal 103

aave-dao · May 9, 2024 · 69b8883 · 69b8883
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diff --git a/README.md b/README.md
@@ -107,6 +107,7 @@ This repository is a public registry of all the Aave governance proposals verifi
 | 99  | [ACI Ad Astra](./reports/v3-99-ACI-Ad-Astra.md)  |
 | 100  | [Aave v3 Multichain Generalized LT/LTV Reductions - Step 2](./reports/v3-100-aave-v3-multichain-generalized-lt-and-ltv-reductions-step-2.md)  |
 | 102  | [Aave v2 Ethereum And Avalanche Reserve Factor Updates](./reports/v3-102-aave-v2-multichain-reserve-factor-upgrades.md)  |
+| 103  | [Aave v2+v3 Multichain April Finance Update](./reports/v3-103-aave-v2+v3-multichain-april-finance-update.md)  |
 | 104  | [Aave v3 Ethereum osETH Onboarding](./reports/v3-104-aave-v3-ethereum-osETH-onboarding.md)  |
 
 <br>

diff --git a/reports/v3-103-aave-v2+v3-multichain-april-finance-update.md b/reports/v3-103-aave-v2+v3-multichain-april-finance-update.md
@@ -0,0 +1,209 @@
+# Proposal 103. April Finance Update.
+
+<br>
+
+### Voting link
+
+[https://vote.onaave.com/proposal/?proposalId=103](https://vote.onaave.com/proposal/?proposalId=103)
+
+<br>
+
+### Governance forum discussion
+
+[https://governance.aave.com/t/arfc-april-finance-update/17390](https://governance.aave.com/t/arfc-april-finance-update/17390)
+
+<br>
+
+### Payloads
+
+* Ethereum - [proposal payloads](https://etherscan.io/address/0x7102305b5E55253aCA6Dc660A2eD24C8Ac87e2Cd#code#F1#L1)
+
+* Polygon - [proposal payloads](https://polygonscan.com/address/0xc9f0f9bd1F49B2B03367ca886Ea0cCB384643E98#code#F1#L1)
+
+* Polygon - [proposal payloads](https://polygonscan.com/address/0xAC7F179352b9D388067bA00bf1f0d64483e51786#code#F1#L1)
+
+* Gnosis - [proposal payloads](https://gnosisscan.io/address/0x96c0900600cc68e2EA6d1e36CEda8cB27f8C9c0E#code#F1#L1)
+
+<br>
+
+## Certora analysis
+
+<br>
+
+### Proposal types
+
+:moneybag: :receipt: asset transfer
+
+<br>
+
+### Context
+
+This proposal is a collection of treasury management actions that mainly aim to consolidate the ecosystem holdings in gho and preparing treasury for upcoming expected expenses.
+
+<br>
+
+### Proposal creation
+
+Transaction: [https://etherscan.io/tx/0x2584a9273c599b0d195707a04c40d87b460ad92139f4ef195f68b737d7d39a01](https://etherscan.io/tx/0x2584a9273c599b0d195707a04c40d87b460ad92139f4ef195f68b737d7d39a01)
+
+```
+- proposalId: 103
+- creator: 0x57ab7ee15ce5ecacb1ab84ee42d5a9d0d8112922
+- accessLevel: 1
+- ipfsHash: 0xd527226735a84a4847a5096a2d861759ee5a1c33cc9fc6971d13445ab40dcc86
+```
+
+<br>
+
+**createProposal() parameters**
+
+```
+{
+  "payloads": [ 
+    { 
+      "chain": "1", 
+      "accessLevel": "1", 
+      "payloadsController": "0xdAbad81aF85554E9ae636395611C58F7eC1aAEc5", 
+      "payloadId": "125" 
+    }, 
+    { 
+      "chain": "137", 
+      "accessLevel": "1", 
+      "payloadsController": "0x401B5D0294E23637c18fcc38b1Bca814CDa2637C", 
+      "payloadId": "62" 
+    }, 
+    { 
+      "chain": "137", 
+      "accessLevel": "1", 
+      "payloadsController": "0x401B5D0294E23637c18fcc38b1Bca814CDa2637C", 
+      "payloadId": "63" 
+    }, 
+    { 
+      "chain": "100", 
+      "accessLevel": "1", 
+      "payloadsController": "0x9A1F491B86D09fC1484b5fab10041B189B60756b", 
+      "payloadId": "19" 
+    }, 
+  ], 
+  "votingPortal": "0x9b24C168d6A76b5459B1d47071a54962a4df36c3", 
+  "ipfsHash": "0xd527226735a84a4847a5096a2d861759ee5a1c33cc9fc6971d13445ab40dcc86" 
+}
+```
+
+<br>
+
+### Aave Seatbelt report
+
+**Proposal report**
+
+[https://github.com/bgd-labs/seatbelt-gov-v3/blob/main/reports/proposals/103.md](https://github.com/bgd-labs/seatbelt-gov-v3/blob/main/reports/proposals/103.md)
+
+**Payload reports**
+
+* Ethereum - [https://github.com/bgd-labs/seatbelt-gov-v3/blob/main/reports/payloads/1/0xdAbad81aF85554E9ae636395611C58F7eC1aAEc5/125.md](https://github.com/bgd-labs/seatbelt-gov-v3/blob/main/reports/payloads/1/0xdAbad81aF85554E9ae636395611C58F7eC1aAEc5/125.md)
+
+* Polygon - [https://github.com/bgd-labs/seatbelt-gov-v3/blob/main/reports/payloads/137/0x401B5D0294E23637c18fcc38b1Bca814CDa2637C/62.md](https://github.com/bgd-labs/seatbelt-gov-v3/blob/main/reports/payloads/137/0x401B5D0294E23637c18fcc38b1Bca814CDa2637C/62.md)
+
+
+* Polygon - [https://github.com/bgd-labs/seatbelt-gov-v3/blob/main/reports/payloads/137/0x401B5D0294E23637c18fcc38b1Bca814CDa2637C/63.md](https://github.com/bgd-labs/seatbelt-gov-v3/blob/main/reports/payloads/137/0x401B5D0294E23637c18fcc38b1Bca814CDa2637C/63.md) - The seatbelt reverts because the payload is dependent on the other Polygon payload to be executed first.
+
+
+* Gnosis - [https://github.com/bgd-labs/seatbelt-gov-v3/blob/main/reports/payloads/100/0x9A1F491B86D09fC1484b5fab10041B189B60756b/19.md](https://github.com/bgd-labs/seatbelt-gov-v3/blob/main/reports/payloads/100/0x9A1F491B86D09fC1484b5fab10041B189B60756b/19.md)
+
+
+<br>
+
+### Technical analysis
+
+We have verified that the payloads are executing the following actions:
+
+* BGD Reimbursements
+
+1. Transfer 42,000 aUSDC v2 Ethereum to an address provided by BGD.
+2. Transfer 109,200 aUSDT v2 Ethereum to an address provided by BGD.
+3. Transfer 1640 aLINK v2 Ethereum to an address provided by BGD.
+4. Transfer 4000 aMATIC v2 Polygon to an address provided by BGD.
+
+* aDI BOT Refill
+
+1. Transfer 20,000 MATIC to the aDI bot.
+
+* Migrating AGD's allowance to GHO
+
+1. switch aUSDT allowance to 0.
+2. switch GHO allowance to 613,000.
+
+* Merit Allowances
+
+1. switch GHO allowance to 3,000,000.
+2. switch aEthWETH allowance to 645.
+
+* Returning RealT's supplied WXDAI to RealT
+
+1. Transfer 3,504 armmv3WXDAI Gnosis to an address which was provided.
+
+* Consolidate GHO funding and Migrate funds from V2 to V3
+
+1. withdraw and swap to GHO of the following assets on Ethereum:
+
+- aEthUSDC - 1.4M
+
+- aDAI - (All-1)
+
+- aUSDC - (All-1)
+
+- aUSDT - (All-1)
+
+- aEthDAI - (2M)
+
+2. Migrate the following assets from V2 to V3 on Ethereum:
+
+- awBTC - (All-1)
+
+- awETH - (All-1)
+
+- aLINK - (All-1)
+
+- aSNX - (All-1)
+
+3. Bridge the following assets from Polygon to Ethereum:
+
+- aPolDAI - (All-1)
+
+- amUSDC - (All-1)
+
+- aPolMATIC - (All-40,000)
+
+- amDAI - (All-1)
+
+- aPolUSDC - (All-1)
+
+- amMATIC - (All-1)
+
+4. Migrate the following assets from V2 to V3 on Polygon:
+
+- amUSDT - (All-1) 
+
+<br>
+
+The proposal is consistent with the description on the governance forum except the following:
+
+- The amount of aEthDAI being withdrawn and swapped to GHO is 2M instead of (All-1) because there is not enough liquidity in the pool to withdraw the full amount .
+
+- aSUSD, aPAX will not be withdrawn and and swapped to GHO since it was advised we keep those funds as they have been deprecated to users can off-board.
+
+- The amount of aPolMATIC to be bridged is (All-40,000) instead of (All-1) in order to refill the aDI bot eventually.
+
+- The deposit of wETH and wBTC in the Treasury into Aave v3 will happen in part B.
+
+<br>
+
+### Certora 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: Certora reviewed the procedure followed to submit the proposal.