StkGHO Activation
StkGHO Activation
Author
Aave Labs & ACI
Creator
0x57ab7ee15cE5ECacB1aB84EE42D5A9d0d8112922
Simple Summary
This AIP activates the new GHO based Safety module by initiating the emission schedule approved by the community during the Snapshot vote
Motivation
The GHO Safety Module will fortify the Aave Protocol’s resilience by adding a stablecoin asset, which is inherently less volatile than AAVE. This strategic move diversifies the Safety Module’s capacity to absorb shocks from various risk vectors in case of shortfall events.
Specification
The GHO Safety module will be activated with the following parameters:
- Base emission: 50 AAVE/day
- Duration: Three months
References
- Implementation: AaveV3Ethereum
- Tests: AaveV3Ethereum
- Snapshot
- Discussion
- StkGHO
- StakeToken Repository
Disclaimer
Aave Labs, and ACI receive no compensation beyond Aave protocol for the creation of this proposal. ACI is delegate within the Aave ecosystem.
Copyright
Copyright and related rights waived via CC0.