[ARFC-Addendum] Update StkGHO Launch Parameters
Title: [ARFC-Addendum] Update StkGHO Launch Parameters
Author: Marc Zeller - ACI (Aave Chan Initiative)
Date: 2024-01-12
Summary
Following the successful adoption of AIP-385 and the YAE outcome of the snapshot, this proposal seeks to update the launch parameters of StkGHO to align with the Aave DAO’s strategic objectives and feedback from service providers.
Specification
The StkGHO asset is set to enhance the Aave Protocol’s Safety Module by utilizing GHO’s stablecoin characteristics. After technical preparations and consultations, the following parameter adjustments options are proposed:
Option A
| Parameter | Current Parameters | Proposed Parameters |
|---|---|---|
| Cooldown | 10 Days | 15 Days |
| Budget | 30 AAVE/day | 100 AAVE/day |
Option B
| Parameter | Current Parameters | Proposed Parameters |
|---|---|---|
| Cooldown | 10 Days | 20 Days |
| Budget | 30 AAVE/day | 50 AAVE/day |
The proposed changes are intended to optimize the effectiveness of StkGHO in its role within the Safety Module.
Next Steps
- Conduct a snapshot vote to confirm the community’s agreement with the proposed changes.
- Implement the parameter updates in accordance with the snapshot results.
Disclosure
The Aave Chan Initiative has not been compensated for creating this proposal and is acting independently on behalf of the Aave community’s best interests.
Copyright
Copyright and related rights waived under Creative Commons Zero (CC0).
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x57ab...112922 | 95,407 | YAE - Option B |
 0x2079...03d6cE | 78,315 | YAE - Option B |
 EzR3aL | 67,812 | YAE - Option B |
 0x2331...607e73 | 60,000 | YAE - Option B |
 0x13BD...138548 | 60,000 | YAE - Option B |
VOTE POWER
Proposal Status
- Sat January 13 2024, 08:38 pmVoting Period Starts
- Tue January 16 2024, 08:38 pmEnd Voting Period
Current Results
1-YAE - Option B
410,924.262
2-YAE - Option A
104.705
3-ABSTAIN
30.788