Aave

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[TEMP CHECK] GHO Cross-Chain Rollout Plan - First Network

Author: Aave Labs

Date: 2024-04-19

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Summary

This Snapshot aims to formally capture the community’s consensus on selecting the most appropriate network to initiate the cross-chain strategy for GHO.

Motivation

Following the successful snapshot vote to employ Chainlink’s Cross Chain Interoperability Protocol (CCIP) as the first bridge for the cross-chain strategy of GHO, the development of a rollout plan is now imperative. A phased approach to the rollout will permit the DAO to initiate cross-chain GHO deployments in a controlled and secure manner, meticulously evaluating each step of the process and with time, sequentially broadening to additional networks.

The governance thread has functioned as an open and transparent platform for the DAO to gather information about potential opportunities for cross-chain GHO. Following the process outlined previously, and after receiving multiple network proposals and insights from risk providers, it is now time for the community to make a decision on the preferred network for the initial launch of the cross-chain GHO strategy.

Voting Options

Given the variety of network proposals submitted to the forum, below are the options for consideration (in order of when the proposals were received):

1. Metis
2. Avalanche
3. Scroll
4. Optimism
5. Arbitrum

Each network has been proposed as a potential candidate for initiating the cross-chain strategy of GHO. The community is now invited to review and decide on the most suitable network for this strategic expansion.

Next Steps

Once the community has expressed its preference for the initial network to implement the cross-chain GHO strategy, the governance discussion will progress to the ARFC stage. This phase will involve compiling all necessary details pertaining to the cross-chain strategy, enabling the community to review and formally signal its approval.