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346-treasury-management-tokenlogic-orbit.md

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Proposal 346. Treasury Management - Addition of TokenLogic to Orbit


Voting link

https://app.aave.com/governance/proposal/?proposalId=346


Governance forum discussion

https://governance.aave.com/t/arfc-tokenlogic-hohmann-transfer/15051


BGD analysis


Proposal types

🏦 treasury


Context

This proposal includes TokenLogic into the Orbit delegate platform program, transitioned to the Aave DAO on Aave proposal 332.

In practise, it will create a of 90-days 15'000 GHO stream from the Aave Collector TokenLogic.


Proposal creation

Transaction: https://etherscan.io/tx/0xa09ee9ddda93fa2567ad967b8e049129e860f28e20180fcfa00eb8e1face30b0

- id: 346
- creator: 0x329c54289ff5d6b7b7dae13592c6b1eda1543ed4
- executor: 0xee56e2b3d491590b5b31738cc34d5232f378a8d5
- targets: [0xd446384e77b1386da0b53f3fbfc7e3e55552a89e]
- values: [0]
- signatures: [execute()]
- calldatas: [0x]
- withDelegatecalls: [true]
- startBlock: 18376535
- endBlock: 18395735
- strategy: 0xb7e383ef9b1e9189fc0f71fb30af8aa14377429e
- ipfsHash: 0xb78fdcdffb1075e3b5c70b8a8c958685321ccd93f4263a40c70d3b92f47e96c9

Aave Seatbelt report

Ethereum

https://github.com/bgd-labs/seatbelt-for-ghosts/blob/main/reports/Aave/0xEC568fffba86c094cf06b22134B23074DFE2252c/346.md


Technical analysis

We have verified the proposal payload properly creates five 90-day GHO stream from the Aave Collector to the address denominated as TOKEN_LOGIC.

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


BGD 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.

✅ Only one payload used via delegatecall

✅ BGD reviewed the procedure followed to submit the proposal.