The Ranch, Issue 27
Updates on our work with Aave. Plus, Zero to Governance & a DAO Delegate Database.
Welcome to The Ranch, Llama’s Substack newsletter.
In this publication, we’ll share quick and easy to digest insights on:
Updates from Llama 🦙
Herd on the Street - interesting insights on DAOs
Opportunities - ways you can get involved with Llama
1. Updates from Llama 🦙
We’ll be hosting our next Llama <> Aave Twitter Spaces today (January 12) at 11am ET. We’ll share our recent work with Aave and take questions from the Aave community. We hope you’ll join us! For more information on our progress over the last month, please see our Month 3 Update on Aave’s forum.
Yesterday, we shared a new ARFC on Aave’s forum to upgrade the Interest Rate parameters for CRV lending pools on Aave Ethereum v2, Ethereum v3 (when deployed), Polygon v3, and Polygon v2 Liquidity Pools. Adjusting these parameters will allow Aave to attract more borrowing demand and earn more revenue. Llama has worked with Chaos Labs for the risk assessment and new Supply Cap on this proposal.
We also expect several proposals to be put forth for an on-chain vote in the coming weeks:
Consolidate long-tail assets in Aave V2 Ethereum’s Collector contract. This will make it easier for the DAO to deploy its treasury productively.
Repay excess debt from the CRV market. Last month, the community voted to use existing USDC to purchase CRV to repay this excess debt.
2. Herd on the Street
Zero to Governance - @w1nt3r.eth
Differing levels of coordination complexity requires differing levels of coordination infrastructure. w1nt3r.eth maps out these different levels and introduces Alligator, a protocol for liquid delegation.
DAO Delegate Database - @koheingt (Senate)
Looking to delegate your governance tokens or understand the delegate landscape? Check out this database of delegates across 9 different DAOs by Senate Labs.
3. Opportunities
We’re looking for someone with expertise in managing social media and communications. If you’re interested, please fill out this form and we’ll get back to you.
Stay Up to Date on Llama 🦙
Follow us on Twitter, check out our website, and read our writing on Mirror.