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closedEnded 2 years ago ยท Snapshot (Offchain)

[ARFC] Update Aave Liquidity Committee SAFE

By 0xF1dF...7Af193

Title: [ARFC] Update Aave Liquidity Committee SAFE Date: 2024-04-15 Author: @karpatkey_TokenLogic

Summary:

The publication proposes updating the Aave Liquidity Committee (ALC) SAFE signer requirement.

Motivation

The ALC currently consists of 6 members and soon to be 5 members with Solarcurve stepping back to focus on other ventures.

The 4 of 6 requirement has proven onerous due to various contributors tending to other Aave DAO related commitments and the spread of signers across various time zones. Multiple bribe budgets and votes are submitted over the weekend and often members are traveling for conferences during this time.

With SolarCurve stepping down to focus on other initiatives, this publication proposes updating the SAFE signer requirement to 3 of 5. As an interim step, the SAFE has been temporarily transitioned to 3 of 5, to enable smoother processing of transactions. The ALC will soon consist of the following committee members:

  • @MatthewGraham - TokenLogic
  • @Sisyphos - karpatkey
  • @Emilio - Avara Labs
  • @MarcZeller - ACI
  • @Figue - Paladin

With Solarcurves departure, the ALC SAFE will become 3 of 5. This publication seeks approval from the DAO to keep in place the 3 signer requirement.

Specification

ALC SAFE: 0x205e795336610f5131Be52F09218AF19f0f3eC60

Proposed Signer Configuration: 3 of 5

Next Steps

  1. Gather feedback from the community and risk service providers.
  2. If consensus is reached on this ARFC, escalate this proposal to the Snapshot stage.
  3. If Snapshot outcome is YAE, new threshold will be considered canon

Disclosure

TokenLogic and karpatkey receive no payment for this proposal. TokenLogic and karpatkey are both delegates within the Aave community.

Copyright

Copyright and related rights waived via CC0

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Connect Wallet to Add Note
0
Votes 921
VoterCast PowerVote & Rationale
0x57ab...112922
137,647

YAE

0x2079...03d6cE
79,285

YAE

Wintermute Governance
45,243

YAE

StableLab
40,054

YAE

EzR3aL
35,915

YAE

SHOW MORE
VOTE POWER
0
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Proposal Status
  • Tue April 23 2024, 05:48 amVoting Period Starts
  • Fri April 26 2024, 05:48 amEnd Voting Period
Current Results

1-YAE

399,883.546

99.99%

2-ABSTAIN

51.103

0.01%

3-NAY

2.158

0%
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