v3-161-aave-v3-multichain-supply-borrow-cup-decrease.md

Proposal 161. Decrease Supply and Borrow Caps on Aave V3.

Voting link

https://vote.onaave.com/proposal/?proposalId=161

Governance forum discussion

https://governance.aave.com/t/arfc-chaos-labs-risk-parameter-updates-decrease-supply-and-borrow-caps-on-aave-v3-08-28-2024/18793

Payloads

• Ethereum - proposal payloads
• Optimism - proposal payloads
• BNB - proposal payloads

Certora analysis

Proposal types

🔧 📊 configuration update

Context

This proposal decreases the supply and borrow cups on Aave V3 deployments.

Proposal creation

Transaction: https://etherscan.io/tx/0xf8e0134eda6d61ed9fe06493921a23b6519f90eefb46abad78c40a0a85510850

- proposalId: 161
- creator: 0x57ab7ee15ce5ecacb1ab84ee42d5a9d0d8112922
- accessLevel: 1
- ipfsHash: 0xd11e1cdada4dcc3b4da302aefd45121753a2ef053a7f835157a3b3c831e07e05

createProposal() parameters

{
  "payloads": [ 
    { 
      "chain": "1", 
      "accessLevel": "1", 
      "payloadsController": "0xdAbad81aF85554E9ae636395611C58F7eC1aAEc5", 
      "payloadId": "169" 
    }, 
    { 
      "chain": "10", 
      "accessLevel": "1", 
      "payloadsController": "0x0E1a3Af1f9cC76A62eD31eDedca291E63632e7c4", 
      "payloadId": "48" 
    }, 
    { 
      "chain": "56", 
      "accessLevel": "1", 
      "payloadsController": "0xE5EF2Dd06755A97e975f7E282f828224F2C3e627", 
      "payloadId": "21" 
    }, 
  ], 
  "votingPortal": "0x9b24C168d6A76b5459B1d47071a54962a4df36c3", 
  "ipfsHash": "0xd11e1cdada4dcc3b4da302aefd45121753a2ef053a7f835157a3b3c831e07e05" 
}

Aave Seatbelt report

Proposal report

https://github.com/bgd-labs/seatbelt-gov-v3/blob/main/reports/proposals/161.md

Payload reports

• Ethereum - https://github.com/bgd-labs/seatbelt-gov-v3/blob/main/reports/payloads/1/0xdAbad81aF85554E9ae636395611C58F7eC1aAEc5/169.md

• Optimism - https://github.com/bgd-labs/seatbelt-gov-v3/blob/main/reports/payloads/10/0x0E1a3Af1f9cC76A62eD31eDedca291E63632e7c4/48.md

• BNB - https://github.com/bgd-labs/seatbelt-gov-v3/blob/main/reports/payloads/56/0xE5EF2Dd06755A97e975f7E282f828224F2C3e627/21.md

Technical analysis

We have confirmed that the payload successfully adjusts the supply and borrow cups for the specified assets across the specified Aave deployments.

The proposal is consistent with the description on the governance forum.

Certora validations

✅ The code on the proposal payload corresponds to the proposal specification.

✅ The proposal includes a proper tests suite, checking all necessary post-conditions.

✅ BGD reviewed the payload before the proposal was submitted.

✅ Certora reviewed the procedure followed to submit the proposal.