[ARC] Community Risk Preference on Aave V3 Borrow/Supply Caps
More details can be found in the forum post here.
This Snapshot vote contains the below options:
- Conservative Assumption
- Aggressive Assumption
- Conservative Assumption only for smaller markets (while allowing majors and strategic assets room to grow)
- Abstain
- Nay
The assumptions depend on the following question: should the community consider overall liquidity (aggressive) or only consider native-chain liquidity (conservative)?
Gauntlet’s research has so far shown that historically, native-chain liquidity plays an important role in the success of liquidations and insolvency mitigation.
This question depends on the community’s preference: does the community want the Aave protocols on non-Ethereum chains (e.g., Optimism and Avalanche) to be safe under current liquidity conditions (in which case, Conservative is the choice)? OR, do we want these protocols to grow to increase usage and, over time, hope that liquidity conditions improve as a result of Aave’s presence on these chains?
The strategy and preferences of the community greatly impact parameter recommendations.
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
0x329c...543eD4 | 235,620 | Aggressive |
0xaFDA...353a6E | 97,048 | Aggressive |
FranklinDAO (Prev. Penn Blockchain) | 90,244 | Conservative only for small mkts |
0x62a4...96816a | 81,190 | Aggressive |
0xB83b...Fbcf5C | 80,174 | Conservative only for small mkts |
VOTE POWER
Proposal Status
- Wed February 15 2023, 10:00 pmVoting Period Starts
- Tue February 21 2023, 10:00 pmEnd Voting Period
Current Results
1-Aggressive
492,177.9
2-Conservative only for small mkts
305,646.846
3-Conservative
1,748.207
