Governance Update #7

Snapshot voting is live for AIP-52!!

AIP-52 Alchemix Aave Strategy Launch Configuration

Status: AIP-52 is up for a snapshot vote until June 24, 2022, 00:00 UTC

This proposal outlines the parameters for launching several Aave v2 strategies (DAI, USDC, USDT and ETH) and decreasing the deposit caps on Alchemix Yearn vaults to make room. The Aave vault strategies were audited by Runtime Verification and are ready for launch on Alchemix. Aave currently offers higher APRs than Yearn and a successful vote on this proposal will approve Aave vaults for all underlying assets accepted by Alchemix. See the detailed vault parameters in the AIP-52 medium post!

Since the last update…

AIP-51 was voted on in two parts, AIP-51a and AIP-51b, and both were approved by the community. AIP-51a will end tALCX emissions (12%->0%), increase gALCX emissions (10%->13%), and send the excess 9% emissions to the treasury. AIP-51b approved an additional 69,420 ALCX to be staked in TOKEMAK. The core team is working on implementing both approved scenarios!