v3-88-aave-v3-gnosis-risk-parameter-updates-GNO.md

Proposal 88. Risk Parameter Updates GNO on V3 Gnosis.

Voting link

https://vote.onaave.com/proposal/?proposalId=88

Governance forum discussion

https://governance.aave.com/t/arfc-chaos-labs-risk-parameter-updates-gno-on-v3-gnosis/17340

Payloads

• Gnosis - proposal payloads

Certora analysis

Proposal types

🔧 📊 configuration update

Context

This proposal increases liquidation threshold, LTV and debt ceiling of GNO asset on Aave-V3-Gnosis as part of observation done by Chaos Labs on GNO.

Proposal creation

Transaction: https://etherscan.io/tx/0x858421581832f1d1dc3b64e9a9a4f7fe86381cf955ad145ddb4b5a3a22555f14

- proposalId: 88
- creator: 0x57ab7ee15ce5ecacb1ab84ee42d5a9d0d8112922
- accessLevel: 1
- ipfsHash: 0xc2ad821ca730c8e92d1c83412d94fb4b6daf1482662eafc88b055659a10ac52a

createProposal() parameters

{
  "payloads": [ 
    { 
      "chain": "100", 
      "accessLevel": "1", 
      "payloadsController": "0x9A1F491B86D09fC1484b5fab10041B189B60756b", 
      "payloadId": "16" 
    }, 
  ], 
  "votingPortal": "0x9b24C168d6A76b5459B1d47071a54962a4df36c3", 
  "ipfsHash": "0xc2ad821ca730c8e92d1c83412d94fb4b6daf1482662eafc88b055659a10ac52a" 
}

Aave Seatbelt report

Proposal report

https://github.com/bgd-labs/seatbelt-gov-v3/blob/main/reports/proposals/88.md

Payload reports

• Gnosis V3 - https://github.com/bgd-labs/seatbelt-gov-v3/blob/main/reports/payloads/100/0x9A1F491B86D09fC1484b5fab10041B189B60756b/16.md

Technical analysis

We have verified that the payload increases the liquidation threshold, LTV and debt ceiling of GNO by the following parameters:

LTV: 45%

LT: 50%

Debt Ceiling: 2,000,000$

The proposal is consistent with the description on both Snapshot and the governance forum.

Certora 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.

✅ Certora reviewed the procedure followed to submit the proposal.