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chore: automated cache update [skip cypress]
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9 changes: 9 additions & 0 deletions src/static-build/ipfsFiles.json
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"description": "\n## Simple Summary\n\nA proposal to reduce Liquidation Thresholds (LT) on Aave V2 Ethereum.\n\n## Motivation\n\nIn accordance with the [v2 deprecation framework](https://governance.aave.com/t/arfc-aave-v2-markets-deprecation-plan/14870), Gauntlet and Chaos Labs advise implementing the subsequent parameter changes to the frozen assets on Aave v2 Ethereum.\n\n## Specification\n\nThe recommendations below suggest an LT configuration that optimizes reductions without significantly increasing the number of accounts eligible for liquidation. The proposed values are set at a margin of at least ~4% from the closest LT figure, which would trigger more substantial liquidations.\nThis will affect 33 accounts, leading to a cumulative of $5,460 in value liquidated.\n\n| Asset | Current LT | New LT |\n| ----- | ---------- | ------ |\n| BAL | 21% | 1% |\n| CRV | 38% | 30% |\n| CVX | 30% | 24% |\n| DPI | 14% | 5% |\n| ENJ | 50% | 44% |\n| ENS | 47% | 38% |\n| LINK | 81% | 80% |\n| MANA | 37% | 29% |\n| MKR | 30% | 28% |\n| REN | 25% | 18% |\n| SNX | 41% | 30% |\n| UNI | 64% | 55% |\n| YFI | 43% | 32% |\n| ZRX | 34% | 24% |\n\nAs Liquidation Threshold reductions may lead to user accounts being eligible for liquidations upon their approval, we want to clarify the full implications to the community at each step. Chaos and Gauntlet will publicly communicate the planned amendments and list of affected accounts leading to the on-chain execution.\n\n## References\n\n- Implementation: [AaveV2Ethereum](https://github.com/bgd-labs/aave-proposals-v3/blob/e571baf835c669d317a9dfc656f3f4d7159c9972/src/20231121_AaveV2Ethereum_V2DeprecationPlan20231120/AaveV2Ethereum_V2DeprecationPlan20231120_20231121.sol)\n- Tests: [AaveV2Ethereum](https://github.com/bgd-labs/aave-proposals-v3/blob/e571baf835c669d317a9dfc656f3f4d7159c9972/src/20231121_AaveV2Ethereum_V2DeprecationPlan20231120/AaveV2Ethereum_V2DeprecationPlan20231120_20231121.t.sol)\n- [Discussion](https://governance.aave.com/t/arfc-v2-ethereum-deprecation-11-20-2023/15628)\n\n## Disclaimer\n\nGauntlet and Chaos Labs have not been compensated by any third party for publishing this ARFC.\n\n## Copyright\n\nCopyright and related rights waived via CC0.\n\n_By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.network/tos._\n",
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"id": 383
},
{
"title": "Increase GHO Borrow Rate",
"author": "@Marczeller - Aave-Chan Initiative",
"discussions": "https://governance.aave.com/t/arfc-increase-gho-borrow-rate-to-5-22-on-aave-v3/15632",
"ipfsHash": "QmTHSXwiKnCZFPKbGXNw1aAMis1nNST3EHBP2XYr5Xjrpk",
"description": "\n## Simple Summary\n\nThis AIP proposes to increase the GHO borrow rate from 4.72% APR to 5.22% APR.\nThis aims to support the GHO peg and align borrowing costs closer to industry market rates.\n\n## Motivation\n\nFollowing [AIP-349](https://app.aave.com/governance/proposal/349/), which allowed for 50 bps increments in the GHO borrow rate, the peg remains off-target at ~0.965 avg price. This increase is part of the direct-to-AIP process to incentivize repayment and help restore the peg.\n\n## Specification\n\n- **Current Borrow Rate:** 4.72% APR - ~4.83% APY\n- **Proposed Borrow Rate:** 5.22% - ~5.35% APY\n- **New Discounted Borrow Rate:** ~3.7% - 3.75% APY\n\n**The proposal also authorizes ACI to continue with up to 100 bps incremental increases every 7 days if required up to 9.5% APR if the monthly avg price of GHO stays outside a 0,995<>1,005 price range**.\n\nComparative analysis with other stablecoins on Aave V3 shows that GHO's current borrow rate is lower, which may contribute to its underpeg. The following table illustrates average borrow rates:\n\n| Stablecoin | Average Borrow Rate |\n| ---------- | ------------------- |\n| USDC | 6.39% |\n| USDT | 7.29% |\n| DAI | 6% |\n| GHO | 4.83% (APY) |\n\nGiven this discrepancy, it is unlikely that the current rate is sufficient to restore GHO's peg.\n\n## References\n\n- Implementation: [AaveV3Ethereum](https://github.com/bgd-labs/aave-proposals-v3/blob/bbe74d703bf794fa98295322e626a0b2b9262c54/src/20231121_AaveV3Ethereum_IncreaseGHOBorrowRate/AaveV3Ethereum_IncreaseGHOBorrowRate_20231121.sol)\n- Tests: [AaveV3Ethereum](https://github.com/bgd-labs/aave-proposals-v3/blob/bbe74d703bf794fa98295322e626a0b2b9262c54/src/20231121_AaveV3Ethereum_IncreaseGHOBorrowRate/AaveV3Ethereum_IncreaseGHOBorrowRate_20231121.t.sol)\n- [Snapshot](Direct-to-AIP)\n- [Discussion](https://governance.aave.com/t/arfc-increase-gho-borrow-rate-to-5-22-on-aave-v3/15632)\n\n## Copyright\n\nCopyright and related rights waived via [CC0](https://creativecommons.org/publicdomain/zero/1.0/).\n",
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}
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71 changes: 53 additions & 18 deletions src/static-build/proposals.json
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Expand Down Expand Up @@ -14745,8 +14745,43 @@
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This commit was deployed on ipfs

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This commit was deployed on ipfs

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