Whitelist the Aave Companies’ Gnosis Safe multisig for Balancer's VoteEscrow
This proposal appears on Balancer’s forum
Introduction Whitelist the Aave Companies’ Gnosis Safe multisig, to vote-lock the B-80BAL-20WETH owned by the Aave Companies’ treasury into veBAL and participate in governance for the Balancer DAO.
Motivation The Aave Companies are software developers who build open source, blockchain based software, including the Aave Protocol – an open source, decentralized, non-custodial liquidity protocol that allows users to supply and borrow crypto assets.
The Aave Companies have been a long-term user of the Balancer AMM, and currently hold the equivalent of ~252k BAL. This BAL was acquired through early investments and as rewards in exchange for participation in BAL boosted LPs.
Given this support, the Aave Companies would like to engage in Balancer DAO governance through veBAL.
Risks The Aave Companies recognise the risk of allowing smart contacts to vote-lock veBAL, and commits to not using this safe for tokenizing veBAL. We understand that doing so will likely prompt the removal of the safe’s address from the AllowList.
Specification Whitelist the Aave Companies’ Gnosis Safe multisig, 0xe8d4D93D9728bD673b0197673a230F62255C7846, to interact with the veBAL contract.
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x20EA...1576A4 | 29,354 | Yes, let's do it |
 0xAA85...A3D4F0 | 29,019 | Yes, let's do it |
 0x7150...8A944D | 26,725 | Yes, let's do it |
 0x242D...28852C | 20,156 | Yes, let's do it |
 0x9848...f867b0 | 16,411 | Yes, let's do it |
VOTE POWER
Proposal Status
- Tue May 03 2022, 03:00 pmVoting Period Starts
- Fri May 06 2022, 03:00 pmEnd Voting Period
Current Results
1-Yes, let's do it
223,423.746
2-No, this is not the way
2,637.779