Simple Summary

“Merit” proposes a merkle-tree-based periodic airdrop system, designed to reward Aave-aligned user behaviors and enhance protocol competitiveness, with a defined budget for the initial 90-day period.

Motivation

Addressing the competitive DeFi landscape, “Merit” seeks to elevate Aave’s appeal and efficiency through a rewarding mechanism that prioritizes DAO-beneficial actions, distinguishing Aave from competitors employing artificial incentive methods.

Specification

Merit SAFE: 0xdeadD8aB03075b7FBA81864202a2f59EE25B312b

• Approve 2.9M GHO
• Approve 600 aEthWETH

References

• Implementation: AaveV3Ethereum
• Tests: AaveV3Ethereum
• Snapshot
• Discussion

Copyright

Copyright and related rights waived via CC0.