348-aave-v3-optimism-OP-borrowing.md

Proposal 348. Aave v3 Optimism - enable OP borrowing

Voting link

https://app.aave.com/governance/proposal/?proposalId=348

Governance forum discussion

https://governance.aave.com/t/arfc-op-risk-parameters-update-aave-v3-optimism-pool/14633

BGD analysis

Proposal types

🔧 📊 params-update

Context

This proposal enables OP as borrowable asset on Aave v3 Optimism, completing the updates started on proposal 337.

Proposal creation

Transaction: https://etherscan.io/tx/0xef1625854fcd616f1293565a86915dd82982c369638107193e956ba39f2ecab9

- id: 348
- creator: 0x329c54289ff5d6b7b7dae13592c6b1eda1543ed4
- executor: 0xee56e2b3d491590b5b31738cc34d5232f378a8d5
- targets: [0x5f5c02875a8e9b5a26fbd09040abcfdeb2aa6711]
- values: [0]
- signatures: [execute(address)]
- calldatas: [0x0000000000000000000000009c11f54ba3c44ed7945d2405c15060bcd209f53e]
- withDelegatecalls: [true]
- startBlock: 18378320
- endBlock: 18397520
- strategy: 0xb7e383ef9b1e9189fc0f71fb30af8aa14377429e
- ipfsHash: 0x06a8990a8b654dc91b27ca17cdfd38279aaa22e9900bfa122132578959118c26

Aave Seatbelt report

Ethereum

https://github.com/bgd-labs/seatbelt-for-ghosts/blob/main/reports/Aave/0xEC568fffba86c094cf06b22134B23074DFE2252c/348.md

Optimism

https://github.com/bgd-labs/seatbelt-for-ghosts/blob/main/reports/Aave/0xEC568fffba86c094cf06b22134B23074DFE2252c/348_Optimism_39.md

Technical analysis

The proposal payload correctly uses the BGD's Aave Config Engine of Aave v3 Optimism, for enabling OP as borrowable asset.

The payload is aligned with the description on the Aave governance forum and Snapshot.

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.