Aave

The Aave V3 markets with the exception of the Polygon market are currently operated by a community guardian 6/10 multisig composed of members of the DeFi community.

The community guardian is a temporary tool to allow V3 markets to be upgraded following governance votes on Snapshot while an on-chain cross-chain governance module is implemented.

With numerous upgrades and assets onboarding upcoming in the Aave ecosystem, a slight renewal of the multisig signer might prove itself beneficial for Aave. the objectives of this renewal are:

Onboard BGD Labs for technical support on transaction building Reduce delays between Snapshot votes and executions of governance decisions. To reach these goals the new proposed community guardian is as follows:

Joining

Ernesto Boado (BGD Labs) Matthew Graham (Governance House) Marc Zeller (Aave Companies) Fernando Martinelli (Balancer Labs) Staying

Coderdan (Aavegotchi) Corbin Page (ConsenSys Codefi, Aave Grants DAO) Gavi Galloway (Standard Crypto) Meltem Demirors (Coinshares) Hilmar Maximilian Orth (Gelato) 0xmaki Leaving

Isa Kivlighan (Aave community, previously head of marketing on Aave Genesis team) Imran Khan (DeFi Alliance, Aave Grants DAO) Arthur0x (DeFiance Capital) Dennison Bertram (Tally) This renewal of the Community Guardian signers, if met with governance approval, will contribute to Aave upgrades with less inertia.

The community Guardian is still considered a temporary solution, and its responsibilities will be progressively reduced. First, the existing cross-chain governance solution will be applied to Arbitrum & Optimism. In parallel, BGD Labs is working on a more generalized solution that will apply to all the networks, if approved by the community via AIP vote.

The consequence of the governance V3 implementation will limit the Guardian’s responsibilities to a failsafe emergency actor allowed to freeze Aave markets or cancel AIPs if they’re deemed insecure or malicious.

A snapshot vote will be published 5 days after the publication of this thread allowing the community to vote on this Guardian renewal.