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Proposal overview

Set Reserve Factors for GUSD and CRV

Executed

Executed on 

May 22, 2021

AIP rationale

The reserveFactor allows the FeeCollector smart contract to receive a part of interests paid by takers of liquidity, each asset on AAve has it's own reserveFactor set.

AIP-5 and AIP-6 creators didn't set a reserve factor for GUSD and CRV, which means protocol is not receiving anything from the outstanding debt on these assets.

This AIP purpose is to update the reserveFactor of the assets GUSD and CRV.

  • GUSD from 0% to 10%

  • CRV from 0% to 20%

ARC content in short

  • Set ReserveFactor for GUSD to 10% and CRV to 20%

Relevant Links

Implementations details

call setReserveFactor(0x056fd409e1d7a124bd7017459dfea2f387b6d5cd, 1000) call setReserveFactor(0xD533a949740bb3306d119CC777fa900bA034cd52, 2000)

On the lending pool configurator contract

https://etherscan.io/address/0x311bb771e4f8952e6da169b425e7e92d6ac45756

Copyright

Copyright and related rights waived via CC0.

Your voting info

Voting results

YAE

351,560

AAVE

100.00%

NAY

<1

AAVE

<0.01%

Top 10 addresses

Votes

State
Executed

Executed on 

May 22, 2021
Quorum
Reached
Current votes

Required

351.56K

320.00K

Differential
Reached
Current differential

Required

351.56K

80,000.00

Total voting power

16,000,000

Proposal details

Created

Block

18 May 2021, 16:15 UTC +00:00

12459414

Started

Block

18 May 2021, 16:15 UTC +00:00

12459414

Ended

Block

21 May 2021, 16:15 UTC +00:00

12478614

Executed

22 May 2021, 17:55 UTC +00:00

Author

Shreyas Hariharan (@helloshreyas)