Skip to content

Latest commit

 

History

History
186 lines (143 loc) · 16.5 KB

219.md

File metadata and controls

186 lines (143 loc) · 16.5 KB

Payloads

Proposal 219

Ipfs

Aave Liquidity Committee Funding Phase V

Summary

This publication presents the Aave Liquidity Committee (ALC) Phase V request.

Motivation

Phase V focuses on reinforcing GHO’s peg stability and enhancing liquidity to enable seamless large swaps with minimal price impact. It also involves GHO's growth by expanding GHO to new networks, such as Base and Avalanche. New integrations aim to drive adoption by partnering with protocols such as Synthetix on Arbitrum, Fluid, and Gearbox on Mainnet. Additionally, innovative liquidity incentives, like Royco Quests, will further enhance user engagement and ecosystem participation. These initiatives are designed to boost GHO’s utility, broaden its ecosystem reach, and ensure stability across chains, all while being guided by clear and measurable performance metrics.

Some high-level GHO performance metrics Phase V aims to achieve:

Description Ethereum Value Arbitrum Value Avalanche Value Base Value
TVL DEX Liquidity Pools 50M 20M 20M 20M
TVL Utility Liquidity Pools (Excl. stkGHO) 15M 7.5M 7.5M 7.5M
DEX Liquidity Composition < 50% GHO (< 33% for 3pools) < 50% GHO (< 33% for 3pools) < 50% GHO (< 33% for 3pools) < 50% GHO (< 33% for 3pools)
Swap Price Impact $5M Swap (GHO to USDC) < 0.10% < 0.25% < 0.25% < 0.25%
Annualised Peg Volatility < 5.00% < 5.00% < 5.00% < 5.00%
Price level for >90% time $0.995 $0.995 $0.995 $0.995

Specification

Deposit 2.5M GHO into the Prime Instance on Ethereum.

Swap the following assets to GHO and transfer to the Collector.

Ethereum
aEthUSDT (1.25M)
aEthUSDC (1.25M)

Create an Allowance allowing the ALC to withdraw GHO from the Prime instance for a total of 2,000,000 GHO.

ALC Ethereum SAFE: 0xA1c93D2687f7014Aaf588c764E3Ce80aF016229b

References

Copyright

Copyright and related rights waived via CC0.

Check: Reports all state changes ✅

Info

KeeperRegistry2_1 at 0x6593c7De001fC8542bB1703532EE1E5aA0D458fD

@@ Slot `0x0000000000000000000000000000000000000000000000000000000000000012` @@
- "0x000e5a420000018fe3ecb99af043b48500000002015f90000000000bebc20003"
+ "0x000e5d240000018fe3ecb99af043b48500000002015f90000000000bebc20003"
@@ `s_upkeep` key `"98380224709907625274835640384207729890880758792392902153217231505951940040515".lastPerformedBlockNumber` @@
- 21450505
+ 21452900

TransparentUpgradeableProxy at 0x9AEE0B04504CeF83A65AC3f0e838D0593BCb2BC7👻 with implementation Governance at 0x58BcB647C4beFf253B4B6996c62F737B783f2cDd

@@ `_proposals` key `"219".state` @@
- 2305955928494089474070009737258188678497501443
+ 2305955928494089474070009737258188678497501444

TransparentUpgradeableProxy at 0xdAbad81aF85554E9ae636395611C58F7eC1aAEc5👻 with implementation PayloadsController at 0x7222182cB9c5320587b5148BF03eeE107AD64578

@@ Slot `0xdfaef2ccb29e1f087e2609e025d4e4f34bbb5f84e2119469eb30193076aa1698` @@
- "0x0000000000006761c2a3010157ab7ee15ce5ecacb1ab84ee42d5a9d0d8112922"
+ "0x0067671377006761c2a3020157ab7ee15ce5ecacb1ab84ee42d5a9d0d8112922"

TransparentUpgradeableProxy at 0xEd42a7D8559a463722Ca4beD50E0Cc05a386b0e1👻 with implementation CrossChainControllerUpgradeRev3 at 0x92F4736b72D131D836B3e4d4C3C23fE53150Ce4d

@@ `_currentEnvelopeNonce` key `_currentEnvelopeNonce` @@
- 854
+ 855
@@ `_currentTransactionNonce` key `_currentTransactionNonce` @@
- 854
+ 855
@@ `_forwardedTransactions` key `0xb6cf17b918d668bad612a075568806d06f3b57b0f304aa395ebd66cc698d14ad` @@
- false
+ true
@@ `_registeredEnvelopes` key `0xcd5681638f8837a670eee9f2c42a304d8c43a442c18d8e196a0f42bf473d47ce` @@
- false
+ true

Check: Reports all events emitted from the proposal ✅

Info

  • TransparentUpgradeableProxy at 0xEd42a7D8559a463722Ca4beD50E0Cc05a386b0e1👻 with implementation CrossChainControllerUpgradeRev3 at 0x92F4736b72D131D836B3e4d4C3C23fE53150Ce4d
    • EnvelopeRegistered(envelopeId: 0xcd5681638f8837a670eee9f2c42a304d8c43a442c18d8e196a0f42bf473d47ce, envelope: {"nonce":"854","origin":"0x9aee0b04504cef83a65ac3f0e838d0593bcb2bc7","destination":"0xdabad81af85554e9ae636395611c58f7ec1aaec5","originChainId":"1","destinationChainId":"1","message":"0x00000000000000000000000000000000000000000000000000000000000000de000000000000000000000000000000000000000000000000000000000000000100000000000000000000000000000000000000000000000000000000676314fb"})
    • TransactionForwardingAttempted(transactionId: 0xb6cf17b918d668bad612a075568806d06f3b57b0f304aa395ebd66cc698d14ad, envelopeId: 0xcd5681638f8837a670eee9f2c42a304d8c43a442c18d8e196a0f42bf473d47ce, encodedTransaction: 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, destinationChainId: 1, bridgeAdapter: 0x6cfbd2aa4691fc18b9c209bdd43dc3943c228fcf, destinationBridgeAdapter: 0x6cfbd2aa4691fc18b9c209bdd43dc3943c228fcf, adapterSuccessful: true, returnData: 0x000000000000000000000000dabad81af85554e9ae636395611c58f7ec1aaec50000000000000000000000000000000000000000000000000000000000000000)
  • TransparentUpgradeableProxy at 0xdAbad81aF85554E9ae636395611C58F7eC1aAEc5👻 with implementation PayloadsController at 0x7222182cB9c5320587b5148BF03eeE107AD64578
    • PayloadQueued(payloadId: 222)
    • PayloadExecutionMessageReceived(originSender: 0x9aee0b04504cef83a65ac3f0e838d0593bcb2bc7, originChainId: 1, delivered: true, message: 0x00000000000000000000000000000000000000000000000000000000000000de000000000000000000000000000000000000000000000000000000000000000100000000000000000000000000000000000000000000000000000000676314fb, reason: 0x)
  • TransparentUpgradeableProxy at 0x9AEE0B04504CeF83A65AC3f0e838D0593BCb2BC7👻 with implementation Governance at 0x58BcB647C4beFf253B4B6996c62F737B783f2cDd
    • PayloadSent(proposalId: 219, payloadId: 222, payloadsController: 0xdabad81af85554e9ae636395611c58f7ec1aaec5, chainId: 1, payloadNumberOnProposal: 0, numberOfPayloadsOnProposal: 1)
    • ProposalExecuted(proposalId: 219)
  • GasCappedGovernanceChainRobotKeeper at 0x1996c281235D99bB3c6B8d2afbEb8ac6c7A39C11
    • ActionSucceeded(id: 219, action: 1)
  • KeeperRegistry2_1 at 0x6593c7De001fC8542bB1703532EE1E5aA0D458fD
    • UpkeepPerformed(id: 98380224709907625274835640384207729890880758792392902153217231505951940040515, success: true, totalPayment: 0, gasUsed: 261268, gasOverhead: 112718, trigger: 0x000000000000000000000000000000000000000000000000000000000147586339dd0df8a5ee6ac3e54a5c9bee4fdabd6b9189004f731cd7aa1d870b10108af8)

Check: Check all touched contracts are verified on Etherscan ✅

Info

  • 0x72b8fd3eb0c08275b8b60f96aab0c8a50cb80eca: 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)

Check: Check all touched contracts do not contain selfdestruct ✅

Warnings

Info