v3-19-aave-v3-optimism-risk-parameters-update.md

V3. Proposal 19. Aave v3 Optimism - MAI risk parameters update

Voting link

https://vote.onaave.com/proposal/?proposalId=19

Governance forum discussion

https://governance.aave.com/t/arfc-gauntlet-recommendation-for-mai-mimatic-deprecation-phase-2/15957

BGD analysis

Proposal types

🔧 📊 params-update

Context

This proposal updates risk parameters on Aave v3 Optimism for MAI.

Proposal creation

Transaction: https://etherscan.io/tx/0x9e139b76905fd26f6e3218f3070e1c3161c980b6e8a57b26e840218a1ddffc85

- proposalId: 19
- creator: 0x683a4f9915d6216f73d6df50151725036bd26c02
- accessLevel: 1
- ipfsHash: 0xf6328acd631e4aac9d1e14e98d4bc56f0a852f496afb7c5e3d5254e2757ce353

createProposal() parameters

{
  "payloads": [
    {
      "chain": "10",
      "accessLevel": 1,
      "payloadsController": "0x0e1a3af1f9cc76a62ed31ededca291e63632e7c4",
      "payloadId": "12"
    }
  ],
  "votingPortal": "0x9b24c168d6a76b5459b1d47071a54962a4df36c3",
  "ipfsHash": "0xf6328acd631e4aac9d1e14e98d4bc56f0a852f496afb7c5e3d5254e2757ce353"
}

Aave Seatbelt report

Proposal report

https://github.com/bgd-labs/seatbelt-gov-v3/blob/main/reports/proposals/19.md

Payloads report

Optimism

https://github.com/bgd-labs/seatbelt-gov-v3/blob/main/reports/payloads/10/0x0E1a3Af1f9cC76A62eD31eDedca291E63632e7c4/12.md

https://github.com/bgd-labs/seatbelt-gov-v3/blob/main/reports/payloads/10/0x0E1a3Af1f9cC76A62eD31eDedca291E63632e7c4/12_forge.md

Technical analysis

We have verified the proposal payload does the following changes on Aave v3 Optimism:

MAI

• LT: 65% -> 1%

The proposal payload is consistent with the description in the Aave governance forum.

BGD 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.

✅ Only one payload used via delegatecall

✅ BGD reviewed the procedure followed to submit the proposal.