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executedEnded 3 years ago ยท  Onchain

Treasury Management - Polygon v2 to v3 Migration

By 0x55B1...09f262

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.

NetworkInstanceTokenQuantity
PolygonAave V2AMUSDC3,775,623.68
PolygonAave V2AMDAI3,380,138.80
PolygonAave V2AMUSDT1,379,093.97
PolygonAave V2AMWETH230.91
PolygonAave V2AMWMATIC106,528.66
PolygonAave V2AMBAL1,336.76
PolygonAave V2AMCRV9,404.00
PolygonAave V2AMWBTC0.09
PolygonAave V2AMGHST1,918.59
PolygonAave V2AMLINK33.56

Implementation

A list of relevant links like for this proposal:

  • Governance Forum Discussion

  • Snapshot

  • Test Cases

  • Payload Implementation

  • Deployed Contracts

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.

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Connect Wallet to Add Note
0
Votes 19
VoterCast PowerVote & 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

SHOW MORE
VOTE POWER
0
Connect Wallet
Proposal Status
  • Tue August 22 2023, 02:58 pmPublished Onchain 0x55B1...09f262
  • 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

0%
Quorum 446,998.525/320,000
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