diff --git a/aave/Gov Weekly/Gov WeeklyUpdate Week 7 02-23-21. b/aave/Gov Weekly/Gov WeeklyUpdate Week 7 02-23-21. new file mode 100644 index 0000000..71cbd5b --- /dev/null +++ b/aave/Gov Weekly/Gov WeeklyUpdate Week 7 02-23-21. @@ -0,0 +1,48 @@ +### Governance Update + +#### Live Votes + +#### Recent Votes + +| Name | Category | Link | +| ------------- |:-------------:| :-----:| +| AIP 10: AAdding xSushi on AAVE | Parameter Change | [Vote](https://app.aave.com/governance/5-QmYFSYTNqafvDsU1fUvCeAqJk1AuePJ2qvpE3XanJo6ZH6) | + +Quorum attained with 100% of votes for YAE. xSushi can now be used as collateral with the following parameters : LTV 25%, Liquidation Threshold 45%, Liquidation Threshold 45%, Reserve Factor 35% +Aave is the first platform to support xSushi, a yield bearing asset with over of 100m$ currently under utilized. + + +| Name | Category | Link | +| ------------- |:-------------:| :-----:| +| AIP 09 : Activation of the Aave Balancer Pool Liquidity Staking | Parameter Change | [Vote](https://app.aave.com/governance/4-QmS8SNqXhvHHUuXBhch2iUkRDpRnM2ds9iqeSdgxjSVSmU) | + +The AAVE safety module protects the funds deposited on AAVE. Community voted to start the Safety Incentives (SI) for the Aave Balancer Pool Token 80/20 (ABPT). +The initial rewards for stakers is of 550 AAVE/day. + +#### Discussions + +| Name | Category | Link | +| ------------- |:-------------:| :-----:| +| [ARC][POLL] Use aAAVE to participate to governance | Strategy | [View](https://governance.aave.com/t/use-aaave-to-participate-to-governance/2411) | +Allow users to vote with AAVE, stkAAVE and aAAVE. 11,8% of AAVE in total circulation are aAAVE and only 4,69% of circulating supply has been used to vote during AIP 07 (a record). +Most of users use their AAVE as a collateral and they are at the moment excluded from the voting process. + + +| Name | Category | Link | +| ------------- |:-------------:| :-----:| +| Opening AAVE on the Binance smart chain | Strategy | [View](https://governance.aave.com/t/opening-aave-on-the-bsc/2583) | +Binance Smart Chain is the third most used blockchain which gathers many new adopters. Because of recent high fees and network congestion, contributor proposed to implement Aave on the BSC. +Community is strongly opposed to that. + + +| Name | Category | Link | +| ------------- |:-------------:| :-----:| +| Introduce Liquidity Incentives for Aave v2 | Treasury | [View](https://governance.aave.com/t/proposal-introduce-liquidity-incentives-for-aave-v2/2340/25) | +Design liquidity mining (LM) program optimized for the long term growth of Aave. ParaFi proposes a distribution of 550 Staked AAVE per day, split 50-50 between lenders and borrowers of the most popular markets. +Generally, the community is strongly opposed to this proposition. LM seems useless and totally inefficient at this point. + +| Name | Category | Link | +| ------------- |:-------------:| :-----:| +| [ARC][POLL] Create AAVE governance badges | Product | [View](https://governance.aave.com/t/arc-poll-create-aave-governance-badges/2404) | +Interactions on the forum feel impersonal and contributors are not rewarded for their investment. Introduceing “Badges” into the forum would gamify the governance experience. +Similar to a proof of attendance, badges are testimonials of different achievements user has done into the Aave ecosystem.