Risk Parameter Updates for Aave V2 Polygon

Summary

A proposal to make parameter changes on Aave V2 Polygon.

Motivation

Aave V2 lacks many of the risk controls that Aave V3 solves for (supply caps, borrow caps, isolation mode, e-mode, etc.). Given that the market situation of these assets is currently volatile, out of an abundance of caution, we recommend freezing the following markets on Aave V2 Polygon and promote migration to V3. These recommendations are in line with the rationale of AIP 121.

• BAL
• CRV
• DPI
• GHST
• LINK
• SUSHI

Implementation

The proposal enacts changes by using the CrosschainForwarderPolygon located at 0x158a6bC04F0828318821baE797f50B0A1299d45b in order to call the execute() method on the following payload, which enacts changes on Aave V2 on Polygon:

• 0x31976DC2Ea27E75cC5a3687ED594D17127f9b72E

Copyright

Copyright and related rights waived via CC0.

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