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Proposal overview

Risk Parameter Updates for Aave V2 ETH (2022-10-21)

Executed

Executed on 

Oct 25, 2022

Parameter Changes for Aave V2 Ethereum Market

Summary

A proposal to take precautionary measures on the Aave V2 Ethereum market, including parameter changes on six (6) assets on Aave V2.

Specification

Implementation

The proposal disables borrowing by calling disableBorrowingOnReserve on the LendingPoolConfigurator using the address and parameters specific to each token.

The proposal sets the liquidation bonus, LTV and liquidation threshold ratios by calling configureReserveAsCollateral on the LendingPoolConfigurator using the address and parameters specific to each token.

Copyright

Copyright and related rights waived via CC0.

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Your voting info

Voting results

YAE

508,345

AAVE

100.00%

NAY

<1

AAVE

<0.01%

Top 10 addresses

Votes

State
Executed

Executed on 

Oct 25, 2022
Quorum
Reached
Current votes

Required

508.34K

320.00K

Differential
Reached
Current differential

Required

508.34K

80,000.00

Total voting power

16,000,000

Proposal details

Created

Block

20 Oct 2022, 19:45 UTC +00:00

15791485

Started

Block

21 Oct 2022, 19:51 UTC +00:00

15798685

Ended

Block

24 Oct 2022, 11:51 UTC +00:00

15817885

Executed

25 Oct 2022, 15:53 UTC +00:00

Author

Paul Lei, Jonathan Reem, Nick Cannon, Nathan Lord, Watson Fu, Tony Salvatore, Sarah Chen