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.