v3-152-aave-v3-metis-enable-metis-as-collateral.md

Proposal 152. enabling Metis token as collateral on Aave V3.

Voting link

https://vote.onaave.com/proposal/?proposalId=152

Governance forum discussion

https://governance.aave.com/t/arfc-enable-metis-as-collateral-on-metis-chain/16658

Payloads

• Metis - proposal payloads

Certora analysis

Proposal types

💎 🆕 asset-listing

Context

This proposal enables Metis token as collateral on Aave V3 withing the Metis Chain.

Proposal creation

Transaction: https://etherscan.io/tx/0x1ee8e13e5af3426a2dea4e4b3be56c1e8041af88083fd64053cf64812f2debae

- proposalId: 152
- creator: 0x57ab7ee15ce5ecacb1ab84ee42d5a9d0d8112922
- accessLevel: 1
- ipfsHash: 0xcdd44ece79347739c5bd2c69e16f9ddd462f073aa4e0533342a3a3ec7c71d136

createProposal() parameters

{
  "payloads": [ 
    { 
      "chain": "1088", 
      "accessLevel": "1", 
      "payloadsController": "0x2233F8A66A728FBa6E1dC95570B25360D07D5524", 
      "payloadId": "23" 
    }, 
  ], 
  "votingPortal": "0x9b24C168d6A76b5459B1d47071a54962a4df36c3", 
  "ipfsHash": "0xcdd44ece79347739c5bd2c69e16f9ddd462f073aa4e0533342a3a3ec7c71d136" 
}

Aave Seatbelt report

Proposal report

https://github.com/bgd-labs/seatbelt-gov-v3/blob/main/reports/proposals/152.md

Payload reports

• Metis - https://github.com/bgd-labs/seatbelt-gov-v3/blob/main/reports/payloads/1088/0x2233F8A66A728FBa6E1dC95570B25360D07D5524/23_forge.md

Technical analysis

We have verified that the payload setting up the parameters correctly to the Metis token. The Debt Ceiling configuration in the preExecute() function is intended to avoid a revert because of the LT is initialy set up to 0 .

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.