v3-39-aave-v3-multichain-set-wstETH-emission-manager.md

Proposal 39. Set Liquidity Observation Labs as Emission manager for wstETH on V3 markets

Voting link

https://vote.onaave.com/proposal/?proposalId=39

Governance forum discussion

https://governance.aave.com/t/arfc-set-liquidity-observation-labs-as-emission-manager-for-wsteth-on-v3-markets/16479

Payloads

• Ethereum - proposal payloads

• Polygon - proposal payloads

• Optimism - proposal payloads

• Arbitrum - proposal payloads

• Base - proposal payloads

Certora analysis

Proposal types

🤝 permission granting or revoking

Context

This proposal sets Lido Liquidity Observation Labs' as the incentives emission manager for wstETH on multiple chains to promote growth of the protocol.

Proposal creation

Transaction: https://etherscan.io/tx/0x9b989071bc1c6d5754922e9e61f052c5fb490a161a5e60106db45b10ac1854db

- proposalId: 39
- creator: 0x57ab7ee15ce5ecacb1ab84ee42d5a9d0d8112922
- accessLevel: 1
- ipfsHash: 0x6f3e2a38b68d225055ea1f4d82ac73ef779d27eb11834fdbbfcd0a8652971289

createProposal() parameters

{
  "payloads": [
    {
      "chain": "1",
      "accessLevel": 1,
      "payloadsController": "0xdAbad81aF85554E9ae636395611C58F7eC1aAEc5",
      "payloadId": "69"
    },
    {
      "chain": "137",
      "accessLevel": 1,
      "payloadsController": "0x401B5D0294E23637c18fcc38b1Bca814CDa2637C",
      "payloadId": "38"
    },
    {
      "chain": "10",
      "accessLevel": 1,
      "payloadsController": "0x0E1a3Af1f9cC76A62eD31eDedca291E63632e7c4",
      "payloadId": "13"
    },
    {
      "chain": "42161",
      "accessLevel": 1,
      "payloadsController": "0x89644CA1bB8064760312AE4F03ea41b05dA3637C",
      "payloadId": "12"
    },
    {
      "chain": "8453",
      "accessLevel": 1,
      "payloadsController": "0x2DC219E716793fb4b21548C0f009Ba3Af753ab01",
      "payloadId": "7"
    }
  ],
  "votingPortal": "0x9b24C168d6A76b5459B1d47071a54962a4df36c3",
  "ipfsHash": "0x6f3e2a38b68d225055ea1f4d82ac73ef779d27eb11834fdbbfcd0a8652971289"
}

Aave Seatbelt report

Proposal report

https://github.com/bgd-labs/seatbelt-gov-v3/blob/main/reports/proposals/39.md

Payload reports

• Ethereum V3 - https://github.com/bgd-labs/seatbelt-gov-v3/blob/main/reports/payloads/1/0xdAbad81aF85554E9ae636395611C58F7eC1aAEc5/69.md

• Polygon V3 - https://github.com/bgd-labs/seatbelt-gov-v3/blob/main/reports/payloads/137/0x401B5D0294E23637c18fcc38b1Bca814CDa2637C/38.md

• Optimism V3 - https://github.com/bgd-labs/seatbelt-gov-v3/blob/main/reports/payloads/10/0x0E1a3Af1f9cC76A62eD31eDedca291E63632e7c4/13.md

• Arbitrum V3 - https://github.com/bgd-labs/seatbelt-gov-v3/blob/main/reports/payloads/42161/0x89644CA1bB8064760312AE4F03ea41b05dA3637C/12.md

• Base V3 - https://github.com/bgd-labs/seatbelt-gov-v3/blob/main/reports/payloads/8453/0x2DC219E716793fb4b21548C0f009Ba3Af753ab01/7.md

Technical analysis

We have verified that the payloads sets the declared address, 0xC18F11735C6a1941431cCC5BcF13AF0a052A5022, as an emission manager of wstETH on the aforementioned chains.

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.