Aera Pilot for Compound v2 Reserves

We appreciate the community’s feedback and discussion here. The governance proposal for the Aera pilot is now live and will be available for voting in 1 day!

The proposal does the following:

  1. Accepts ownership of the vault, asset registry, and hooks module.
  2. Removes ZRX and BAT from V2 reserves.
    1. Specifically, ~$400k of ZRX and ~$100k of BAT. This ratio was chosen due to onchain liquidity conditions.
  3. Deposits into the Compound Aera vault.
  4. Resumes the Aera vault to allow for rebalancing to take place by the vault guardian.

As a reminder:

  • This is a non-custodial vault, meaning the Compound Governor Bravo Timelock owns the vault. Thus, the DAO can initiate withdraw/deposit requests via a governance proposal at any time.
  • Gauntlet will serve as the vault guardian for this vault.
  • There are no fees associated with this pilot.

Please see additional details above and in the onchain proposal.

Note, the Compound Governance page seems to be throwing errors on fetching recent proposals, you can vote using Tally or Boardroom