179-aave-v3-polygon-disable-borrowing-agEUR.md

Proposal 179. Aave v3 Polygon - disable borrowing of agEUR

Voting link

https://app.aave.com/governance/proposal/?proposalId=179

Governance forum discussion

https://governance.aave.com/t/arfc-disable-borrow-of-ageur-on-aave-v3-polygon/12275

BGD analysis

Proposal types

🧊 freeze-asset (borrowing)

Context

Due to the uncertainty about backing of agEUR post-Euler exploit, this proposal disables borrowing of agEUR on Aave v3 Polygon, asset already not enabled as collateral.

Proposal creation

Transaction: https://etherscan.io/tx/0x1427daa876b021adea06ac00f330f9a9b330562dc06ab34c52715d8dfebed196

- id: 179
- creator: 0xbc540e0729b732fb14afa240aa5a047ae9ba7df0
- executor: 0xee56e2b3d491590b5b31738cc34d5232f378a8d5
- targets: [0x158a6bc04f0828318821bae797f50b0a1299d45b]
- values: [0]
- signatures: [execute(address)]
- calldatas: [0x00000000000000000000000060bcd1caf97c3fcbc35bf92a8852728420c34fb5]
- withDelegatecalls: [true]
- startBlock: 16834833
- endBlock: 16854033
- strategy: 0xb7e383ef9b1e9189fc0f71fb30af8aa14377429e
- ipfsHash: 0x94cd6fdec271930902d9785b81c337b9895a3edd75555cc4107f6922adff7622

Aave Seatbelt report

Ethereum

https://github.com/bgd-labs/seatbelt-for-ghosts/blob/main/reports/Aave/0xEC568fffba86c094cf06b22134B23074DFE2252c/179.md

Polygon

https://github.com/bgd-labs/seatbelt-for-ghosts/blob/main/reports/Aave/0xEC568fffba86c094cf06b22134B23074DFE2252c/179_fx_21_0.md

Technical analysis

We have verified the proposal uses correctly the Aave cross-chain governance system.

The proposal payload simply interacts with the PoolConfigurator of Aave v3 Polygon to disable borrowing of agEUR, by calling setReserveBorrowing().

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.