Remove Frax from Isolation Mode on Aave v3 Mainnet
Remove Frax from Isolation Mode on Aave v3 Mainnet
Author
Aave Chan Initiative
Creator
0x57ab7ee15cE5ECacB1aB84EE42D5A9d0d8112922
Simple Summary
This is an AIP to remove FRAX from isolation mode. This is a reboot with minor changes of a previous ARFC which passed Snapshot but has not yet been implemented.
Motivation
FRAX and Aave DAO have found more synergies over the last months. The FRAX team has responded with major updates to security on sfrxETH in response to BGD Labs feedback. FRAX has also initated governance proposals to add GHO to Frax Lend. There are ongoing conversations to have a FRAX AMO included into Aave v3. sFRAX was previously accepted for onboarding in a previous ARFC vote before the introduction of CAPO feeds.
This proposal suggests removing FRAX from isolation mode to facilitate further AMO deployments.
Specification
- FRAX will be removed from Isolation Mode on Aave v3 instances.
Parameter | FRAX |
---|---|
Isolation Mode | No |
Debt Ceiling | 0 |
References
- Implementation: AaveV3Ethereum
- Tests: AaveV3Ethereum
- Snapshot
- Discussion
Copyright
Copyright and related rights waived via CC0.