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executedEnds a year ago ยท  Onchain

stkBPT Incentives

By 0x57ab...112922

Simple Summary

Re-enable stkBPT incentives emissions for 180 days after previous period ended.

Motivation

With the conclusion of the recent reward cycle, this proposal aims to renew $AAVE emissions for stkBPT holders. The stkBPT module has proven to be a crucial mechanism as an AAVE supply sink, currently holding a TVL of $1.6B. It is recommended to maintain these emissions in anticipation of upcoming Umbrella developments, with adjustments to be made following the outcomes of the Umbrella upgrade.

More information on stkBPT can be found in the following dashboard, here.

Specification

  • Set new allowance to 360 AAVE per day for 180 days
  • Include prior remaining allowance of ~21,000
  • Include days between distribution end and execution date
  • Set distribution end for 180 days from execution date

References

  • Implementation: AaveV3Ethereum
  • Tests: AaveV3Ethereum Snapshot
  • Discussion

Copyright

Copyright and related rights waived via CC0.

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Votes 37
VoterCast PowerVote & Rationale
0x57ab...112922
388,805

YAE

0x8b37...502a22
123,029

YAE

EzR3aL
117,044

YAE

TokenLogic
46,791

YAE

StableLab
43,339

YAE

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Proposal Status
  • Thu February 13 2025, 10:07 pmPublished Onchain 0x57ab...112922
  • Fri February 14 2025, 10:07 pmVoting Period Starts
  • Mon February 17 2025, 10:07 pmEnd Voting Period
  • Mon February 17 2025, 10:45 pmQueue Proposal
  • Mon February 17 2025, 10:45 pmExecute Proposal
Current Results

1-YAE

824,096.06

99.95%

2-NAY

375.205

0.05%
Quorum 824,471.265/320,000
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