Aave

Aave’s liquidity mining program is ending in the next few days.

We have seen several adjustments discussed in the forums including adding/removing new assets, allocating rewards based on health factors, additional vesting for stkAAVE rewards, and discouraging recursive borrowing. However, after discussing with several Aave community members and developers, these changes would require a heavy technical lift and potentially layer on a centralized distribution plan.

We are open to these changes in the future but to avoid a disruption to the liquidity mining program, we propose the following program for the next 3 months:

Asset Daily stkAAVE Reward DAI 400.00 USDC 800.00 USDT 325.00 GUSD 5.00 sUSD 20.00 TUSD 10.00 PAX 5.00 RAI 10.00 BAL 10.00 YFI 15.00 XSUSHI 15.00 LINK 25.00 UNI 15.00 MKR 15.00 WBTC 150.00 ETH 180.00 Total 2,000.00

This program would decrease the LM distribution by 9% while including more assets. The goal of this program is to create a more inclusive liquidity mining program with the option to further refine the distribution once live.