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executedEnded 3 years ago ยท  Onchain

Set Metis Foundation Wallet as Emission Manager for METIS Token on Aave V3 Metis Pool

By 0x329c...543eD4

title: Set Metis Foundation Wallet as Emission Manager for METIS Token on Aave V3 Metis Pool author: Marc Zeller (@marczeller - Aave Chan Initiative) discussions: https://governance.aave.com/t/arfc-set-metis-foundation-wallet-as-emission-manager-for-metis-token-on-aave-v3-metis-pool/13912

Simple Summary

This AIP proposes to set the Metis Foundation wallet as the emission manager for the METIS token on the Aave V3 Metis pool. This will enable the Metis Foundation to define and fund incentive programs for this Aave pool, promoting growth and expanding the user base of this new Aave V3 market.

Motivation

The Metis Foundation has expressed a desire to actively contribute to the growth and development of the Aave V3 Metis pool. By setting their wallet as the emission manager for the METIS token, the Foundation will be able to directly fund incentive programs that can attract more users to the pool and stimulate activity. This aligns with the broader goals of the Aave community to foster active and engaged markets.

Specification

The Metis Foundation wallet address is as follows:

Emission Admin Wallet (Metis Foundation): 0x97177cD80475f8b38945c1E77e12F0c9d50Ac84D

The AIP calls the setEmissionAdmin() method in the emission_manager contract.

EMISSION_MANAGER.setEmissionAdmin(METIS, EMISSION_ADMIN);

This method will set the Metis Foundation wallet as the emission admin for the METIS token.

References

  • Implementation: Metis
  • Tests: Metis
  • Snapshot
  • Discussion

Copyright

Copyright and related rights waived via CC0.

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Votes 44
VoterCast PowerVote & Rationale
0x329c...543eD4
247,954

YAE

FranklinDAO (Prev. Penn Blockchain)
106,783

YAE

0xB83b...Fbcf5C
80,003

YAE

0x13BD...138548
80,002

YAE

Wintermute Governance
42,028

YAE

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Proposal Status
  • Wed July 26 2023, 04:22 pmPublished Onchain 0x329c...543eD4
  • Thu July 27 2023, 04:32 pmVoting Period Starts
  • Sun July 30 2023, 08:59 amEnd Voting Period
  • Sun July 30 2023, 09:00 amQueue Proposal
  • Mon July 31 2023, 09:05 amExecute Proposal
Current Results

1-YAE

595,774.06

2-NAY

0.518

0%
Quorum 595,774.578/320,000
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