Use AAVE Ecosystem Reserve to vote YES on proposal to adjust Level 2 Governance requirements

Simple Summary

This proposal upgrades the implementation of the AAVE Ecosystem Reserve, allowing for a one-time YES vote with the voting power held, in order to "vote boost" the proposal to upgrade the Level 2 Executor requirements.

Motivation

All context/motivation of this proposal is extensively explained on the Aave Governance forum thread

Specification

This proposal exclusively upgrades the implementation of the AAVE Ecosystem Reserve, keeping the exact same logic, but changing the initialize() function to include a one-time YES vote on another Aave governance proposal passed as input. The implementation of this can be found HERE.

This proposal will be created via a fully decentralized smart contract (so-called Autonomous Proposal). This is especially important in this case, as it will assure that the proposal id on which to vote YES will be exactly the proposal to upgrade Level 2 requirements

Security

• An extensive suite of tests can be found HERE

• We have executed a diff between the current implementation of the AAVE Ecosystem Reserve in production and the new implementation, to verify that the changes and exclusively the ones expected. The diff can be found HERE.

• SigmaPrime has audited the changes, and implemented an independent test suite, complementary to BGD's. The audit report can be found HERE.

• Certora has reviewed the changes, and implemented an independent test suite, complementary to BGD's. The audit report can be found HERE.

Implementation

Smart contracts can be found here. Especifically for what concerns this proposal:

• New AAVE Ecosystem Reserve https://github.com/bgd-labs/aave-gov-level-2-update/blob/main/src/contracts/AaveEcosystemReserveV2.sol
• Proposal payload https://github.com/bgd-labs/aave-gov-level-2-update/blob/main/src/contracts/ProposalPayloadAaveEcosystemReserveWithVoting.sol

Copyright

Copyright and related rights waived via CC0.