This is an archive of our post on Aave governance forum. Read the full thread here.

While we are eager to start working for the Aave DAO and await the ARFC vote for selecting the additional risk service provider, we wanted to share some of our recent work that is relevant to current Aave affairs;

Onboarding weETH to Aave V3 (mainnet and Arbitrum)

Proposal updated to include Risk team feedback

Title: [ARFC] Onboarding of weETH to Aave v3 on Ethereum Author: Ether.fi & @ACI ( Aave Chan Initiative) Date: 2024-02-27 Summary The current ARFC seeks to add Ether.fi Liquid Restaking Token weETH to Aave V3 Ethereum, after the successful TEMP CHECK and TEMP CHECK Snapshot.

The intention behind this initiative is to enhance the diversity of assets on Aave and bolster liquidity within the ecosystem.

Motivation

eETH is an LRT that allows users t…

We recently completed a comprehensive risk assessment on Ether.fi’s weETH token, which can be found here. This report analyzes the market, technology, and regulatory risks associated with weETH as a potential collateral asset. This assessment is highly relevant to the ongoing discussions around onboarding weETH to Aave V3 on Ethereum ([ARFC] Onboard weETH to Aave v3 on Ethereum).

Our team is continually building expertise in the emerging Liquid Restaking Token (LRT) ecosystem, and we are committed to providing valuable insights to inform the AAVE community’s decision-making process.

Onboarding sUSDe to Aave V3 mainnet

Title: [ARFC] Onboard sUSDe to Aave V3 on Ethereum Author: ACI (Aave Chan Initiative) Date: 2024-04-01 Summary This is an ARFC to seek approval for the addition of sUSDe to Aave V3 on Ethereum, following the consensus reached in the TEMP CHECK stage. Motivation

As discussed in the TEMP CHECK, Ethena’s synthetic dollar, USDe, provides a stable crypto-native solution for a cash and carry structured product. The staked version of USDe, sUSDe, earns yield from the protocol and has high potential fo…

We are also working on a risk assessment for Ethena’s sUSDe. Given the recent proposal to onboard sUSDe to Aave V3 on Ethereum ([ARFC] Onboard sUSDe to Aave V3 on Ethereum), we believe our forthcoming report on sUSDe will be of great interest to the Aave community. Once completed, we will share our findings and analysis with the DAO.

We are dedicated to providing high-quality, independent risk assessments to support the growth and security of the Aave protocol. We look forward to working more closely with the Aave DAO and contributing our expertise to the community.