- Simulation: https://dashboard.tenderly.co/me/simulator/86e4ac17-09b6-4859-b40c-732690e7cd2f
- state: Executed
- creator: 0x57ab7ee15cE5ECacB1aB84EE42D5A9d0d8112922
- maximumAccessLevelRequired: 1
- payloads: [{"chain":"1","accessLevel":1,"payloadsController":"0xdAbad81aF85554E9ae636395611C58F7eC1aAEc5","payloadId":192}]
- createdAt: 17/10/2024, 10:23:35
- queuedAt: 21/10/2024, 11:01:35
- executedAt: 21/10/2024, 11:02:11, timestamp: 1729508531, block: 21013526
Increase USDS Borrow Rate to Match Sky Savings Rate
This ARFC proposes a Direct-To-AIP adjustment to the USDS borrow rate on the Aave protocol, increasing it to align with the Sky Savings Rate.
The Sky Savings Rate has recently outpaced the USDS borrow rate on Aave. To correct this and ensure the protocol is directing incentives to true depositors instead of USDS loopers, we propose raising the USDS borrow rate to match the Sky Savings Rate.
USDS Borrow Rate will be adjusted as follows on the main market on Ethereum
- Base Variable Rate: 6.25%
All other parameters remain unchanged.
- Implementation: AaveV3Ethereum
- Tests: AaveV3Ethereum
- Snapshot: Direct-to-AIP
- Discussion
Copyright and related rights waived via CC0.
KeeperRegistry2_1 at 0x6593c7De001fC8542bB1703532EE1E5aA0D458fD
@@ Slot `0x0000000000000000000000000000000000000000000000000000000000000012` @@
- "0x0115791e00000129f3b5a88fef79e71900000002015f90000000000bebc20003"
+ "0x01157c1a00000129f3b5a88fef79e71900000002015f90000000000bebc20003"
@@ `s_upkeep` key `"98380224709907625274835640384207729890880758792392902153217231505951940040515".lastPerformedBlockNumber` @@
- 21000184
+ 21013526
TransparentUpgradeableProxy at 0x9AEE0B04504CeF83A65AC3f0e838D0593BCb2BC7
👻 with implementation Governance at 0x58BcB647C4beFf253B4B6996c62F737B783f2cDd
@@ `_proposals` key `"183".state` @@
- 2298911110503926726441432551545764647453262083
+ 2298911110503926726441432551545764647453262084
TransparentUpgradeableProxy at 0xdAbad81aF85554E9ae636395611C58F7eC1aAEc5
👻 with implementation PayloadsController at 0x7222182cB9c5320587b5148BF03eeE107AD64578
@@ Slot `0x747168c9fc5b6dd0212c44eb44917774f8ff0051aa3fc4bc33806d8a3e9d620d` @@
- "0x0000000000006710e52f010157ab7ee15ce5ecacb1ab84ee42d5a9d0d8112922"
+ "0x00671634b3006710e52f020157ab7ee15ce5ecacb1ab84ee42d5a9d0d8112922"
TransparentUpgradeableProxy at 0xEd42a7D8559a463722Ca4beD50E0Cc05a386b0e1
👻 with implementation CrossChainControllerUpgradeRev3 at 0x92F4736b72D131D836B3e4d4C3C23fE53150Ce4d
@@ `_currentEnvelopeNonce` key `_currentEnvelopeNonce` @@
- 742
+ 743
@@ `_currentTransactionNonce` key `_currentTransactionNonce` @@
- 742
+ 743
@@ `_registeredEnvelopes` key `0x5c48afc2ba8ae6164ae590f6fb04aab6a7031c3e2b2dc858e34dd0c20d973899` @@
- false
+ true
@@ `_forwardedTransactions` key `0xaca9889ef120a23580e7b1887156533f1e3ac5b00353dd647bf80e6c228f38e5` @@
- false
+ true
- TransparentUpgradeableProxy at
0xEd42a7D8559a463722Ca4beD50E0Cc05a386b0e1
👻 with implementation CrossChainControllerUpgradeRev3 at0x92F4736b72D131D836B3e4d4C3C23fE53150Ce4d
EnvelopeRegistered(envelopeId: 0x5c48afc2ba8ae6164ae590f6fb04aab6a7031c3e2b2dc858e34dd0c20d973899, envelope: {"nonce":"742","origin":"0x9aee0b04504cef83a65ac3f0e838d0593bcb2bc7","destination":"0xdabad81af85554e9ae636395611c58f7ec1aaec5","originChainId":"1","destinationChainId":"1","message":"0x00000000000000000000000000000000000000000000000000000000000000c00000000000000000000000000000000000000000000000000000000000000001000000000000000000000000000000000000000000000000000000006712373f"})
TransactionForwardingAttempted(transactionId: 0xaca9889ef120a23580e7b1887156533f1e3ac5b00353dd647bf80e6c228f38e5, envelopeId: 0x5c48afc2ba8ae6164ae590f6fb04aab6a7031c3e2b2dc858e34dd0c20d973899, encodedTransaction: 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, destinationChainId: 1, bridgeAdapter: 0x6cfbd2aa4691fc18b9c209bdd43dc3943c228fcf, destinationBridgeAdapter: 0x6cfbd2aa4691fc18b9c209bdd43dc3943c228fcf, adapterSuccessful: true, returnData: 0x000000000000000000000000dabad81af85554e9ae636395611c58f7ec1aaec50000000000000000000000000000000000000000000000000000000000000000)
- TransparentUpgradeableProxy at
0xdAbad81aF85554E9ae636395611C58F7eC1aAEc5
👻 with implementation PayloadsController at0x7222182cB9c5320587b5148BF03eeE107AD64578
PayloadQueued(payloadId: 192)
PayloadExecutionMessageReceived(originSender: 0x9aee0b04504cef83a65ac3f0e838d0593bcb2bc7, originChainId: 1, delivered: true, message: 0x00000000000000000000000000000000000000000000000000000000000000c00000000000000000000000000000000000000000000000000000000000000001000000000000000000000000000000000000000000000000000000006712373f, reason: 0x)
- TransparentUpgradeableProxy at
0x9AEE0B04504CeF83A65AC3f0e838D0593BCb2BC7
👻 with implementation Governance at0x58BcB647C4beFf253B4B6996c62F737B783f2cDd
PayloadSent(proposalId: 183, payloadId: 192, payloadsController: 0xdabad81af85554e9ae636395611c58f7ec1aaec5, chainId: 1, payloadNumberOnProposal: 0, numberOfPayloadsOnProposal: 1)
ProposalExecuted(proposalId: 183)
- GasCappedGovernanceChainRobotKeeper at
0x1996c281235D99bB3c6B8d2afbEb8ac6c7A39C11
ActionSucceeded(id: 183, action: 1)
- KeeperRegistry2_1 at
0x6593c7De001fC8542bB1703532EE1E5aA0D458fD
UpkeepPerformed(id: 98380224709907625274835640384207729890880758792392902153217231505951940040515, success: true, totalPayment: 0, gasUsed: 261268, gasOverhead: 112718, trigger: 0x000000000000000000000000000000000000000000000000000000000140a41522a50738b185d67343f053507c174e00a8d4da1b68fd04485a58cc51d9b5650a)
- 0xa6723be6bbf6991c8b2dd56e38b82fe2a945aadc: EOA (verification not applicable)
- 0x6593c7de001fc8542bb1703532ee1e5aa0d458fd: Contract (verified) (KeeperRegistry2_1)
- 0x0000000000000000000000000000000000000001: EOA (verification not applicable)
- 0x889e13b61b1961a2082e1df067dd5fff10f556c5: Contract (not verified)
- 0x1996c281235d99bb3c6b8d2afbeb8ac6c7a39c11: Contract (verified) (GasCappedGovernanceChainRobotKeeper)
- 0x9aee0b04504cef83a65ac3f0e838d0593bcb2bc7: Contract (verified) (TransparentUpgradeableProxy) 👻
- 0x58bcb647c4beff253b4b6996c62f737b783f2cdd: Contract (verified) (Governance)
- 0xa198fac58e02a5c5f8f7e877895d50cfa9ad1e04: Contract (verified) (GovernancePowerStrategy) 👻
- 0x7fc66500c84a76ad7e9c93437bfc5ac33e2ddae9: Contract (verified) (InitializableAdminUpgradeabilityProxy) 👻
- 0x5d4aa78b08bc7c530e21bf7447988b1be7991322: Contract (verified) (AaveTokenV3)
- 0x4da27a545c0c5b758a6ba100e3a049001de870f5: Contract (verified) (InitializableAdminUpgradeabilityProxy) 👻
- 0x0fe58fe1caa69951dc924a8c222be19013b89476: Contract (verified) (StakedAaveV3)
- 0xa700b4eb416be35b2911fd5dee80678ff64ff6c9: Contract (verified) (InitializableImmutableAdminUpgradeabilityProxy) 👻
- 0x366ae337897223aea70e3ebe1862219386f20593: Contract (verified) (ATokenWithDelegation)
- 0xed42a7d8559a463722ca4bed50e0cc05a386b0e1: Contract (verified) (TransparentUpgradeableProxy) 👻
- 0x92f4736b72d131d836b3e4d4c3c23fe53150ce4d: Contract (verified) (CrossChainControllerUpgradeRev3)
- 0x6cfbd2aa4691fc18b9c209bdd43dc3943c228fcf: Contract (verified) (SameChainAdapter)
- 0xdabad81af85554e9ae636395611c58f7ec1aaec5: Contract (verified) (TransparentUpgradeableProxy) 👻
- 0x7222182cb9c5320587b5148bf03eee107ad64578: Contract (verified) (PayloadsController)
- 0x6593c7de001fc8542bb1703532ee1e5aa0d458fd: Contract (with DELEGATECALL)
- 0x0000000000000000000000000000000000000001: EOA (may have code later)
- 0x889e13b61b1961a2082e1df067dd5fff10f556c5: Contract (with DELEGATECALL)
- 0x9aee0b04504cef83a65ac3f0e838d0593bcb2bc7: Contract (with DELEGATECALL)👻
- 0x7fc66500c84a76ad7e9c93437bfc5ac33e2ddae9: Contract (with DELEGATECALL)👻
- 0x4da27a545c0c5b758a6ba100e3a049001de870f5: Contract (with DELEGATECALL)👻
- 0x0fe58fe1caa69951dc924a8c222be19013b89476: Contract (with DELEGATECALL)
- 0xa700b4eb416be35b2911fd5dee80678ff64ff6c9: Contract (with DELEGATECALL)👻
- 0xed42a7d8559a463722ca4bed50e0cc05a386b0e1: Contract (with DELEGATECALL)👻
- 0x92f4736b72d131d836b3e4d4c3c23fe53150ce4d: Contract (with DELEGATECALL)
- 0xdabad81af85554e9ae636395611c58f7ec1aaec5: Contract (with DELEGATECALL)👻
- 0xa6723be6bbf6991c8b2dd56e38b82fe2a945aadc: EOA
- 0x1996c281235d99bb3c6b8d2afbeb8ac6c7a39c11: Contract (looks safe)
- 0x58bcb647c4beff253b4b6996c62f737b783f2cdd: Contract (looks safe)
- 0xa198fac58e02a5c5f8f7e877895d50cfa9ad1e04: Contract (looks safe)👻
- 0x5d4aa78b08bc7c530e21bf7447988b1be7991322: Contract (looks safe)
- 0x366ae337897223aea70e3ebe1862219386f20593: Contract (looks safe)
- 0x6cfbd2aa4691fc18b9c209bdd43dc3943c228fcf: Contract (looks safe)
- 0x7222182cb9c5320587b5148bf03eee107ad64578: Contract (looks safe)