Treasury Management - Polygon v2 to v3 Migration
title: Treasury Management - Polygon v2 to v3 Migration discussions: https://governance.aave.com/t/arfc-migrate-consolidate-polygon-treasury/12248 author: TokenLogic
Summary
This AIP shall redeem aTokens from Aave v2 Polygon and deposit the underlying assets into Aave v3 Polygon.
Motivation
On Polygon, Aave DAO is currently holding funds on the Aave v2 deployment and also some small unproductive allocations within the Treasury. This AIP will improve DAOs Treasury performance by improving the overall capital efficiency and yield being generated.
As part of broader v2 to v3 migration effort, this AIP shall implement the following:
-
Redeem Assets from Aave v2
-
Deposit Assets from Aave v2 into v3
-
Deposit Assets held in Treasury into Aave v3
For reference, the Aave Polygon Treasury: 0xe8599F3cc5D38a9aD6F3684cd5CEa72f10Dbc383
Specification
Transfer the following assets from Aave v2 to v3. The quantities in this table will change over time between proposal submission & proposal execution, and should not be taken as exact.
| Network | Instance | Token | Quantity |
|---|---|---|---|
| Polygon | Aave V2 | AMUSDC | 3,775,623.68 |
| Polygon | Aave V2 | AMDAI | 3,380,138.80 |
| Polygon | Aave V2 | AMUSDT | 1,379,093.97 |
| Polygon | Aave V2 | AMWETH | 230.91 |
| Polygon | Aave V2 | AMWMATIC | 106,528.66 |
| Polygon | Aave V2 | AMBAL | 1,336.76 |
| Polygon | Aave V2 | AMCRV | 9,404.00 |
| Polygon | Aave V2 | AMWBTC | 0.09 |
| Polygon | Aave V2 | AMGHST | 1,918.59 |
| Polygon | Aave V2 | AMLINK | 33.56 |
Implementation
A list of relevant links like for this proposal:
The proposal Payload was reviewed by Bored Ghost Developing.
Disclaimer
TokenLogic receives no payment from Aave DAO or any external source for the creation of this proposal. TokenLogic is a delegate within the Aave ecosystem.
Copyright
Copyright and related rights waived via CC0.
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
0x329c...543eD4 | 108,809 | YAE |
0x2079...03d6cE | 101,190 | YAE |
0xB83b...Fbcf5C | 82,466 | YAE |
StableLab | 54,070 | YAE |
Wintermute Governance | 44,071 | YAE |
VOTE POWER
Proposal Status
- Wed August 23 2023, 03:06 pmVoting Period Starts
- Sat August 26 2023, 07:36 amEnd Voting Period
- Sat August 26 2023, 07:37 amQueue Proposal
- Sun August 27 2023, 07:37 amExecute Proposal
Current Results
1-YAE
446,996.5
2-NAY
2.025
