Upgrade Aave instances to v3.3
Simple Summary
This proposal will upgrade all active Aave instances to version v3.3.0.
Motivation
Back in December, we (BGD Labs) presented the Aave v3.3.0 upgrade, improving Aave’s liquidation engine, and supporting the previously proposed Umbrella. With the proposal being executed, the Aave Protocol will start tracking bad debt, which can then be used as an input on Umbrella to slash stakers & cover the realized deficit.
Specification
This proposal will upgrade all active Aave instances to the new v3.3.0 version. In practice this means:
- The pool implementation will be upgraded via a call to
POOL_ADDRESSES_PROVIDER.setPoolImpl(newImpl) - The pool configurator will be upgraded via a call to
POOL_ADDRESSES_PROVIDER.setPoolConfiguratorImpl(poolConfiguratorImpl) - The pool data provider will be replaced via a call to
POOL_ADDRESSES_PROVIDER.setPoolDataProvider(newPoolDataProvider)
In addition the proposal will transfer 66.400$ in aUSDC to a wallet controlled by BGD to cover audit costs, as disclosed HERE
Security procedures
The v3.3.0 upgrade was audited by:
In addition a Sherlock Audit Contest was performed from 13.01.25 - 22.01.25.
You can find the related audit report here.
References
Copyright
Copyright and related rights waived via CC0.
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x57ab...112922 | 386,768 | YAE |
 0x8b37...502a22 | 119,017 | YAE |
 EzR3aL | 117,044 | YAE |
 TokenLogic | 46,797 | YAE |
 StableLab | 43,339 | YAE |
VOTE POWER
Proposal Status
- Thu February 20 2025, 02:05 pmVoting Period Starts
- Sun February 23 2025, 02:05 pmEnd Voting Period
- Sun February 23 2025, 03:23 pmQueue Proposal
- Sun February 23 2025, 03:23 pmExecute Proposal
Current Results
1-YAE
814,892.44
2-NAY
N/A Tokens