Governance Update #10
Snapshot voting is live for AIP-56!
AIP-56 Vault Migrator Tool
This proposal was written to augment AIP-52, which approved Aave tokens to be used as yield sources on Alchemix. AIP-56 will provide a vehicle to migrate existing collateral from previous vaults to these new Aave vault strategies. Currently, a user would have to pay back debt or liquidate their position and then migrate those funds to the new Aave vaults. If passed, this new migrator tool will circumvent that process, simplifying the transfer of funds. The tool will be available for migrating between all matching underlying collateral Alchemix vaults in the future. Check out the full proposal for details on the MigrationTool deployment and the contract code that will run this new tool.
Since the last update…
AIP-55 passed a vote here, allowing the stETH and rETH deposit caps to be set to zero. The core team is working on implementing this change, which will minimize reduced yield and arbitrage within these vaults.
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