The Ranch, Issue 29
Updates on our work with Aave. Plus, a DAO toolkit & a flexible voting system for Aave aTokens.
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 shared our monthly update with the Aave forum last week. In the month of January, we deployed and executed 3 on-chain proposals:
AIP-144: Ethereum V2 Collector Contract Consolidation. This proposal consolidated a number of long-tail assets that have accumulated in the Ethereum V2 Collector Contract into USDC. This proposal is the first of several intended to consolidate the various Collector Contracts and Treasury holdings.
AIP-145: Renew Aave Grants DAO. Llama wrote the payload for renewing Aave Grants DAO with $3.25m for the next two quarters (Q1 and Q2 2023) to fund more projects that benefit AAVE.
AIP-146: Repay Excess CRV Debt on Ethereum V2. This AIP procured CRV with aUSDC from the Collector Contract for the purpose of repaying the excess debt in the CRV Reserve on the Ethereum V2 liquidity pool. After execution, Aave’s bad debt was cleared ahead of the launch of V3 on Ethereum.
We also shared several ARFCs on Aave’s forum:
LDO `Emission_Admin` role for Ethereum, Arbitrum, and Optimism V3 Liquidity Pools
Meanwhile, we progressed several proposals through the development process.
We’re hosting our next Llama <> Aave community Twitter Spaces today at 11:00 am ET - we hope you’ll join us!
2. Herd on the Street
How ScopeLift Built a Flex Voting aToken on Aave
ScopeLift explains how they built a flex voting system for Aave’s aTokens, allowing users to interact with Governor contractors while they tokens are deposited on Aave!
Decentralized Autonomous Organization Toolkit - World Economic Forum
Llama was mentioned in the World Economic Forum report!
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 🦙
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