Welcome to the Aave Weekly Update, your guide to what's happening in Aave governance.

• Over the past week, Aave passed 7 AIPs, 4 ARFCs, and 3 Temp Checks.

• Several proposals are currently in discussion and expected to be introduced in the coming days.

Aave Improvement Proposals

• Treasury Management - Acquire wstETH & rETH - Passed (July 7, 2023)

• Price feeds operational update Pt2.5 - wstETH - Passed (July 7, 2023)

• Gas Rebate for Recognized Delegates - Passed (July 7, 2023)

• Chaos Labs Risk Parameter Update - CRV Aave V3 Polygon - Passed (July 8, 2023)

• Chaos Labs - Increase wstETH Supply Cap on V3 Arbitrum - Passed (July 9, 2023)

• Ethereum v2 - Parameters Update - Passed (July 9, 2023)

• Treasury Management - Acquire B-80BAL-20WETH - Passed (July 9, 2023)

On Snapshot

• [ARFC] Framework for ARFC and TEMP CHECK Proposals - Passed (July 6, 2023)

• [ARFC] Gauntlet Risk Parameter Updates for Ethereum v3, Arbitrum v3, Ethereum v2 - Passed (July 7, 2023)

• [ARFC] Add rETH Aave v3 Optimism - Passed (July 8, 2023)

• [ARFC] Add GMX to Arbitrum v3 - Passed (July 8, 2023)

• [TEMP CHECK] Aave V3 Deployment on Linea Testnet - Passed (July 9, 2023)

• [TEMP CHECK] Safety Module Upgrade Part IV - Incentives Management Upgrade - Passed (July 9, 2023)

• [TEMP CHECK] Safety Module Upgrade Part V - veToken Holding - Passed (July 9, 2023)

In discussion

• [ARFC] Gauntlet Supply Cap Updates for Ethereum v3, Optimism v3

• [ARFC] Gauntlet Borrow Cap Updates for CRV on Ethereum v3

• [ARFC] Direct-to-AIP Framework

• [ARFC] Set Metis Foundation Wallet as Emission Manager for METIS Token on Aave V3 Metis Pool

• [TEMP CHECK] GHO Stability Module

• [ARFC] Polygon Supply Cap Update

• [ARFC] GHO Steward: Agile Parameter Changes

• [TEMP CHECK] Treasury Management - Introducing StrategicAssetManager

• [ARFC] Chaos Labs Risk Stewards - Increase Supply Caps WETH and CRV on V3 Polygon

• Gauntlet affirmed their parameter recommendations for deploying Aave v3 on BNB chain.

• Community members continued to discuss Aave private voting.

• LBS Blockchain, Michigan Blockchain, Chaos Labs, and Gauntlet discussed the supply cap for wstETH on Ethereum and Arbitrum.

• There are no proposals in the queue.

Thank you for reading the Aave Weekly Update.

Quick Gov Links: Governance FAQ | Governance Docs | Discord Governance Channel | Snapshot | AIPs | Aave on Boardroom