62.md

Payloads

• Network: Ethereum, PayloadsController: 0xdAbad81aF85554E9ae636395611C58F7eC1aAEc5, ID: 89

Proposal 62

• Simulation: https://dashboard.tenderly.co/me/simulator/1d4fe655-765c-495b-82b0-af8a88c96485
• state: Executed
• creator: 0x57ab7ee15cE5ECacB1aB84EE42D5A9d0d8112922
• maximumAccessLevelRequired: 1
• payloads: [{"chain":"1","accessLevel":1,"payloadsController":"0xdAbad81aF85554E9ae636395611C58F7eC1aAEc5","payloadId":89}]
• createdAt: 02/04/2024, 18:55:23
• queuedAt: 07/04/2024, 00:34:59
• executedAt: 07/04/2024, 00:35:11, timestamp: 1712450111, block: 19600289

Ipfs

Proposal text

Simple Summary

In response to recent market events, this AIP increases the GHO Borrow Rate to 13.00%.

Motivation

In response to recent stable coin Borrow Rates increasing and Maker DAO's recently proposed changes, this AIP amends the current GHO Interest Rate strategy.

This AIP is expected to enable GHO to continue growing whilst maintaining peg stability. Upon implementation the Borrow Rate arbitrage opportunity with be meaningfully reduced.

Specification

Description	Current (%)	Proposed (%)
Non Discounted Borrow Rate	7.48%	13.00%
stkAAVE Discount	30.00%	30.00% (no change)
Discounted Borrow Rate	5.24%	9.10%

References

• Implementation: AaveV3Ethereum
• Tests: AaveV3Ethereum
• Snapshot
• Discussion

Copyright

Copyright and related rights waived via CC0.

Check: Reports all state changes ✅

Info

KeeperRegistry at 0x02777053d6764996e594c3E88AF1D58D5363a2e6

@@ `s_upkeep` key `"2651260633509968244842245718659958660539758109819220392919944208741153930322".lastKeeper` @@
- 0x86c5d9efb1377dba0535cf944bd6f5736c4290cb
+ 0x98924befaa16b607b3e168b6c57c9528af5cc076

TransparentUpgradeableProxy at 0x9AEE0B04504CeF83A65AC3f0e838D0593BCb2BC7👻 with implementation Governance at 0x58BcB647C4beFf253B4B6996c62F737B783f2cDd

@@ `_proposals` key `"62".state` @@
- 2276236612977520677898681944666159295602819331
+ 2276236612977520677898681944666159295602819332

TransparentUpgradeableProxy at 0xdAbad81aF85554E9ae636395611C58F7eC1aAEc5👻 with implementation PayloadsController at 0x7222182cB9c5320587b5148BF03eeE107AD64578

@@ Slot `0x2642cbfa046d8004053cd054e488df5b74257ae1e497e38d227e7244ef11bf2d` @@
- "0x000000000000660c5447010157ab7ee15ce5ecacb1ab84ee42d5a9d0d8112922"
+ "0x006611ea3f00660c5447020157ab7ee15ce5ecacb1ab84ee42d5a9d0d8112922"

TransparentUpgradeableProxy at 0xEd42a7D8559a463722Ca4beD50E0Cc05a386b0e1👻 with implementation CrossChainControllerUpgradeRev2 at 0x28559c2F4B038b1E836fA419DCcDe7454d8Fe215

@@ `_currentEnvelopeNonce` key `_currentEnvelopeNonce` @@
- 299
+ 300
@@ `_currentTransactionNonce` key `_currentTransactionNonce` @@
- 299
+ 300
@@ `_forwardedTransactions` key `0xb1c710f623bab12f420943eeab33e455fec28804bc2a8d282d4abfdcbd900898` @@
- false
+ true
@@ `_registeredEnvelopes` key `0xa41889c6a53edb75b99fe0f8d70ba27433e3844611934e809120ea308c926eab` @@
- false
+ true

Check: Reports all events emitted from the proposal ✅

Info

• TransparentUpgradeableProxy at 0xEd42a7D8559a463722Ca4beD50E0Cc05a386b0e1👻 with implementation CrossChainControllerUpgradeRev2 at 0x28559c2F4B038b1E836fA419DCcDe7454d8Fe215
  • EnvelopeRegistered(envelopeId: 0xa41889c6a53edb75b99fe0f8d70ba27433e3844611934e809120ea308c926eab, envelope: {"nonce":"299","origin":"0x9aee0b04504cef83a65ac3f0e838d0593bcb2bc7","destination":"0xdabad81af85554e9ae636395611c58f7ec1aaec5","originChainId":"1","destinationChainId":"1","message":"0x0000000000000000000000000000000000000000000000000000000000000059000000000000000000000000000000000000000000000000000000000000000100000000000000000000000000000000000000000000000000000000660deb87"})
  • TransactionForwardingAttempted(transactionId: 0xb1c710f623bab12f420943eeab33e455fec28804bc2a8d282d4abfdcbd900898, envelopeId: 0xa41889c6a53edb75b99fe0f8d70ba27433e3844611934e809120ea308c926eab, encodedTransaction: 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, destinationChainId: 1, bridgeAdapter: 0x118dfd5418890c0332042ab05173db4a2c1d283c, destinationBridgeAdapter: 0x118dfd5418890c0332042ab05173db4a2c1d283c, adapterSuccessful: true, returnData: 0x000000000000000000000000dabad81af85554e9ae636395611c58f7ec1aaec50000000000000000000000000000000000000000000000000000000000000000)
• TransparentUpgradeableProxy at 0xdAbad81aF85554E9ae636395611C58F7eC1aAEc5👻 with implementation PayloadsController at 0x7222182cB9c5320587b5148BF03eeE107AD64578
  • PayloadQueued(payloadId: 89)
  • PayloadExecutionMessageReceived(originSender: 0x9aee0b04504cef83a65ac3f0e838d0593bcb2bc7, originChainId: 1, delivered: true, message: 0x0000000000000000000000000000000000000000000000000000000000000059000000000000000000000000000000000000000000000000000000000000000100000000000000000000000000000000000000000000000000000000660deb87, reason: 0x)
• TransparentUpgradeableProxy at 0x9AEE0B04504CeF83A65AC3f0e838D0593BCb2BC7👻 with implementation Governance at 0x58BcB647C4beFf253B4B6996c62F737B783f2cDd
  • PayloadSent(proposalId: 62, payloadId: 89, payloadsController: 0xdabad81af85554e9ae636395611c58f7ec1aaec5, chainId: 1, payloadNumberOnProposal: 0, numberOfPayloadsOnProposal: 1)
  • ProposalExecuted(proposalId: 62)
• GovernanceChainRobotKeeper at 0x011824f238AEE05329213d5Ae029e899e5412343
  • ActionSucceeded(id: 62, action: 1)
• KeeperRegistry at 0x02777053d6764996e594c3E88AF1D58D5363a2e6
  • UpkeepPerformed(id: 2651260633509968244842245718659958660539758109819220392919944208741153930322, success: true, from: 0x98924befaa16b607b3e168b6c57c9528af5cc076, payment: 0, performData: 0x00000000000000000000000000000000000000000000000000000000000000200000000000000000000000000000000000000000000000000000000000000001000000000000000000000000000000000000000000000000000000000000003e0000000000000000000000000000000000000000000000000000000000000001)

Check: Check all touched contracts are verified on Etherscan ✅

Info

• 0x98924befaa16b607b3e168b6c57c9528af5cc076: EOA (verification not applicable)
• 0x02777053d6764996e594c3e88af1d58d5363a2e6: Contract (verified) (KeeperRegistry)
• 0x169e633a2d1e6c10dd91238ba11c4a708dfef37c: Contract (verified) (EACAggregatorProxy)
• 0x785433d8b06d77d68df6be63944742130a4530d1: Contract (verified) (AccessControlledOffchainAggregator)
• 0xdc530d9457755926550b59e8eccdae7624181557: Contract (verified) (EACAggregatorProxy) 👻
• 0xbba12740de905707251525477bad74985dec46d2: Contract (verified) (AccessControlledOffchainAggregator)
• 0x011824f238aee05329213d5ae029e899e5412343: Contract (verified) (GovernanceChainRobotKeeper)
• 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) 👻
• 0x28559c2f4b038b1e836fa419dccde7454d8fe215: Contract (verified) (CrossChainControllerUpgradeRev2)
• 0x118dfd5418890c0332042ab05173db4a2c1d283c: Contract (verified) (SameChainAdapter)
• 0xdabad81af85554e9ae636395611c58f7ec1aaec5: Contract (verified) (TransparentUpgradeableProxy) 👻
• 0x7222182cb9c5320587b5148bf03eee107ad64578: Contract (verified) (PayloadsController)

Check: Check all touched contracts do not contain selfdestruct ✅

Warnings

• 0x9aee0b04504cef83a65ac3f0e838d0593bcb2bc7: Contract (with DELEGATECALL)👻
• 0x7fc66500c84a76ad7e9c93437bfc5ac33e2ddae9: Contract (with DELEGATECALL)👻
• 0x4da27a545c0c5b758a6ba100e3a049001de870f5: Contract (with DELEGATECALL)👻
• 0x0fe58fe1caa69951dc924a8c222be19013b89476: Contract (with DELEGATECALL)
• 0xa700b4eb416be35b2911fd5dee80678ff64ff6c9: Contract (with DELEGATECALL)👻
• 0xed42a7d8559a463722ca4bed50e0cc05a386b0e1: Contract (with DELEGATECALL)👻
• 0x28559c2f4b038b1e836fa419dccde7454d8fe215: Contract (with DELEGATECALL)
• 0xdabad81af85554e9ae636395611c58f7ec1aaec5: Contract (with DELEGATECALL)👻

Info

• 0x98924befaa16b607b3e168b6c57c9528af5cc076: EOA
• 0x02777053d6764996e594c3e88af1d58d5363a2e6: Contract (looks safe)
• 0x169e633a2d1e6c10dd91238ba11c4a708dfef37c: Contract (looks safe)
• 0x785433d8b06d77d68df6be63944742130a4530d1: Contract (looks safe)
• 0xdc530d9457755926550b59e8eccdae7624181557: Contract (looks safe)👻
• 0xbba12740de905707251525477bad74985dec46d2: Contract (looks safe)
• 0x011824f238aee05329213d5ae029e899e5412343: Contract (looks safe)
• 0x58bcb647c4beff253b4b6996c62f737b783f2cdd: Contract (looks safe)
• 0xa198fac58e02a5c5f8f7e877895d50cfa9ad1e04: Contract (looks safe)👻
• 0x5d4aa78b08bc7c530e21bf7447988b1be7991322: Contract (looks safe)
• 0x366ae337897223aea70e3ebe1862219386f20593: Contract (looks safe)
• 0x118dfd5418890c0332042ab05173db4a2c1d283c: Contract (looks safe)
• 0x7222182cb9c5320587b5148bf03eee107ad64578: Contract (looks safe)