Aavegotchi

Author: Maxicrouton (14873) Quorum Requirement: 20% (7.2M) Vote Duration: 10 days

Since Base will be our new home, I propose we migrate both our liquidity and treasury accordingly. The first step would be to bridge the Quickswap pool — a 50/50 GHST-USDC pool currently holding approximately $1.5M in liquidity — to Base. To support smaller holders who may not be able to afford the bridging fees from Polygon to Base, we can keep the Balancer 80/20 pool liquidity on Polygon during a three-month transition period. After that, the Balancer pool — which also holds about $1.5M — would also be migrated to Base.

The Balancer liquidity will continue to be provided on Balancer. However, since Quickswap is not widely used on Base (despite recently deploying there), we propose to use Aerodrome instead, as it currently has better visibility and ecosystem traction.

The directors will make their best efforts to collect AERO rewards from the Aerodrome pool and vote weekly for the GHST-USDC pool. To further increase voting power, they may also lock the AERO rewards into veAERO. Locked AERO can also be acquired on the secondary market.

Directors will make their best efforts to automate this process using automation protocols such as Gelato. Directors can allocate up to 500 USDC per year to cover the costs of maintaining this automation.

Regarding the Safe wallets currently managed by the directors, I propose we transfer all accessible funds to new Safe wallets on Base, which will serve as our new operational hub.