diff --git a/package.json b/package.json
index a0c19d5aa..efb10b836 100644
--- a/package.json
+++ b/package.json
@@ -31,7 +31,7 @@
     "vitest": "^1.0.4"
   },
   "dependencies": {
-    "@bgd-labs/aave-address-book": "^2.14.0",
+    "@bgd-labs/aave-address-book": "^2.17.0",
     "@bgd-labs/aave-cli": "0.2.1",
     "@inquirer/prompts": "^3.3.0",
     "@inquirer/testing": "^2.1.9",
diff --git a/src/20240118_StkGHO_Activation/IStakeToken.sol b/src/20240118_StkGHO_Activation/IStakeToken.sol
index a677ed29f..412bb2301 100644
--- a/src/20240118_StkGHO_Activation/IStakeToken.sol
+++ b/src/20240118_StkGHO_Activation/IStakeToken.sol
@@ -191,4 +191,4 @@ interface IStakeToken {
   function transfer(address to, uint256 value) external returns (bool);
 
   function transferFrom(address from, address to, uint256 value) external returns (bool);
-}
\ No newline at end of file
+}
diff --git a/src/20240118_StkGHO_Activation/StkGHO_Activation_20240118.s.sol b/src/20240118_StkGHO_Activation/StkGHO_Activation_20240118.s.sol
index 983dfbae2..0fcc9b036 100644
--- a/src/20240118_StkGHO_Activation/StkGHO_Activation_20240118.s.sol
+++ b/src/20240118_StkGHO_Activation/StkGHO_Activation_20240118.s.sol
@@ -4,10 +4,11 @@ pragma solidity ^0.8.0;
 import {GovV3Helpers, IPayloadsControllerCore, PayloadsControllerUtils} from 'aave-helpers/GovV3Helpers.sol';
 import {EthereumScript} from 'aave-helpers/ScriptUtils.sol';
 import {StkGHO_Activation_20240118} from './StkGHO_Activation_20240118.sol';
+import {AaveSafetyModule} from 'aave-address-book/AaveSafetyModule.sol';
 
 /**
  * @dev Deploy Ethereum
- * deploy-command: make deploy-ledger contract=src/20240102_AaveV2Polygon_ReserveFactorUpdates/ReserveFactorUpdates_20240102.s.sol:DeployPolygon chain=polygon
+ * deploy-command: make deploy-ledger contract=src/20240118_StkGHO_Activation/StkGHO_Activation_20240118.s.sol:DeployPolygon chain=polygon
  * verify-command: npx catapulta-verify -b broadcast/ReserveFactorUpdates_20240102.s.sol/137/run-latest.json
  */
 contract DeployEthereum is EthereumScript {
@@ -29,9 +30,13 @@ contract DeployEthereum is EthereumScript {
 
 /**
  * @dev Create Proposal
- * command: make deploy-ledger contract=src/20240102_AaveV2Polygon_ReserveFactorUpdates/ReserveFactorUpdates_20240102.s.sol:CreateProposal chain=mainnet
+ * command: make deploy-ledger contract=src/20240118_StkGHO_Activation/StkGHO_Activation_20240118.s.sol:CreateProposal chain=mainnet
  */
 contract CreateProposal is EthereumScript {
+  uint256 public constant STKGHO_EMISSION_PER_SECOND = 578703703703704; // 50 AAVE/day
+  uint256 public constant DISTRIBUTION_DURATION = 90 days; // three months
+  address public constant STKGHO_PROXY = 0x1a88Df1cFe15Af22B3c4c783D4e6F7F9e0C1885d; // AaveSafetyModule.STK_GHO;
+
   function run() external {
     // create payloads
     PayloadsControllerUtils.Payload[] memory payloads = new PayloadsControllerUtils.Payload[](1);
@@ -39,9 +44,7 @@ contract CreateProposal is EthereumScript {
     // compose actions for validation
     IPayloadsControllerCore.ExecutionAction[]
       memory actionsPolygon = new IPayloadsControllerCore.ExecutionAction[](1);
-    actionsPolygon[0] = GovV3Helpers.buildAction(
-      type(StkGHO_Activation_20240118).creationCode
-    );
+    actionsPolygon[0] = GovV3Helpers.buildAction(type(StkGHO_Activation_20240118).creationCode);
     payloads[0] = GovV3Helpers.buildMainnetPayload(vm, actionsPolygon);
 
     // create proposal
@@ -49,10 +52,7 @@ contract CreateProposal is EthereumScript {
     GovV3Helpers.createProposal(
       vm,
       payloads,
-      GovV3Helpers.ipfsHashFile(
-        vm,
-        'src/StkGHO_Activation_20240118/StkGHOActivation.md'
-      )
+      GovV3Helpers.ipfsHashFile(vm, 'src/StkGHO_Activation_20240118/StkGHOActivation.md')
     );
   }
 }
diff --git a/src/20240118_StkGHO_Activation/StkGHO_Activation_20240118.sol b/src/20240118_StkGHO_Activation/StkGHO_Activation_20240118.sol
index 08d74af9d..88f03c36e 100644
--- a/src/20240118_StkGHO_Activation/StkGHO_Activation_20240118.sol
+++ b/src/20240118_StkGHO_Activation/StkGHO_Activation_20240118.sol
@@ -15,18 +15,14 @@ import {IStakeToken} from './IStakeToken.sol';
  * - Discussion: https://governance.aave.com/t/arfc-upgrade-safety-module-with-stkgho/15635
  */
 contract StkGHO_Activation_20240118 is IProposalGenericExecutor {
-  uint256 public constant STKGHO_EMISSION_PER_SECOND = 5787037037037037; // 50 AAVE/day
+  uint256 public constant STKGHO_EMISSION_PER_SECOND = 578703703703704; // 50 AAVE/day
   uint256 public constant DISTRIBUTION_DURATION = 90 days; // three months
   address public constant STKGHO_PROXY = 0x1a88Df1cFe15Af22B3c4c783D4e6F7F9e0C1885d;
 
   function execute() external {
-    
-    IStakeToken(STKGHO_PROXY).setDistributionEnd(
-      block.timestamp + DISTRIBUTION_DURATION
-    );
+    IStakeToken(STKGHO_PROXY).setDistributionEnd(block.timestamp + DISTRIBUTION_DURATION);
 
-    IStakeToken.AssetConfigInput[]
-      memory enableConfigs = new IStakeToken.AssetConfigInput[](1);
+    IStakeToken.AssetConfigInput[] memory enableConfigs = new IStakeToken.AssetConfigInput[](1);
     enableConfigs[0] = IStakeToken.AssetConfigInput({
       emissionPerSecond: uint128(STKGHO_EMISSION_PER_SECOND),
       totalStaked: 0, // it's overwritten internally
diff --git a/src/20240118_StkGHO_Activation/StkGHO_Activation_20240118.t.sol b/src/20240118_StkGHO_Activation/StkGHO_Activation_20240118.t.sol
index e5935f5e7..8ce60b9f0 100644
--- a/src/20240118_StkGHO_Activation/StkGHO_Activation_20240118.t.sol
+++ b/src/20240118_StkGHO_Activation/StkGHO_Activation_20240118.t.sol
@@ -2,14 +2,27 @@
 pragma solidity ^0.8.0;
 
 import {ProtocolV2TestBase, ReserveConfig} from 'aave-helpers/ProtocolV2TestBase.sol';
-
+import {GovV3Helpers} from 'aave-helpers/GovV3Helpers.sol';
+import {AaveV3Ethereum} from 'aave-address-book/AaveV3Ethereum.sol';
+import 'forge-std/console.sol';
 import {StkGHO_Activation_20240118} from './StkGHO_Activation_20240118.sol';
+import {IStakeToken} from './IStakeToken.sol';
+
+import {MiscEthereum} from 'aave-address-book/MiscEthereum.sol';
+import {AaveV3Ethereum} from 'aave-address-book/AaveV3Ethereum.sol';
+import {IERC20} from 'solidity-utils/contracts/oz-common/interfaces/IERC20.sol';
+import {AaveV3EthereumAssets} from 'aave-address-book/AaveV3Ethereum.sol';
+import {AaveSafetyModule} from 'aave-address-book/AaveSafetyModule.sol';
 
 /**
  * @dev Test for StkGHO_Activation_20240118
  * command: make test-contract filter=StkGHO_Activation_20240118
  */
 contract StkGHO_Activation_20240118_Test is ProtocolV2TestBase {
+  uint256 public constant STKGHO_EMISSION_PER_SECOND = 578703703703704; // 50 AAVE/day
+  uint256 public constant DISTRIBUTION_DURATION = 3 * 30 * 86400; // three months
+  address public constant STKGHO_PROXY = 0x1a88Df1cFe15Af22B3c4c783D4e6F7F9e0C1885d; // AaveSafetyModule.STK_GHO;
+
   struct Changes {
     address asset;
     uint256 reserveFactor;
@@ -18,7 +31,8 @@ contract StkGHO_Activation_20240118_Test is ProtocolV2TestBase {
   StkGHO_Activation_20240118 internal proposal;
 
   function setUp() public {
-    vm.createSelectFork(vm.rpcUrl('ethereum'), 51940815);
+    vm.createSelectFork(vm.rpcUrl('mainnet'), 19040576);
+
     proposal = new StkGHO_Activation_20240118();
   }
 
@@ -26,7 +40,38 @@ contract StkGHO_Activation_20240118_Test is ProtocolV2TestBase {
    * @dev executes the generic test suite including e2e and config snapshots
    */
   function test_defaultProposalExecution() public {
+    (uint128 emissionPerSecondBefore, , ) = IStakeToken(STKGHO_PROXY).assets(
+      AaveV3Ethereum.GHO_TOKEN
+    );
+
+    GovV3Helpers.executePayload(vm, address(proposal));
+    (
+      uint128 emissionPerSecondAfter,
+      uint128 lastUpdateTimestampAfter, // uint256 indexAfter
+
+    ) = IStakeToken(STKGHO_PROXY).assets(AaveV3Ethereum.GHO_TOKEN);
+
+    // NOTE index is still 0
+    assertEq((emissionPerSecondBefore + emissionPerSecondAfter), STKGHO_EMISSION_PER_SECOND);
+    assertEq(lastUpdateTimestampAfter, block.timestamp);
+  }
+
+  function test_EcosystemCorrectAllowance() public {
+    uint256 allowanceBefore = IERC20(AaveV3EthereumAssets.AAVE_UNDERLYING).allowance(
+      MiscEthereum.ECOSYSTEM_RESERVE,
+      STKGHO_PROXY
+    );
+
+    GovV3Helpers.executePayload(vm, address(proposal));
+
+    uint256 allowanceAfter = IERC20(AaveV3EthereumAssets.AAVE_UNDERLYING).allowance(
+      MiscEthereum.ECOSYSTEM_RESERVE,
+      STKGHO_PROXY
+    );
 
-      
+    assertEq(
+      (allowanceAfter + allowanceBefore),
+      STKGHO_EMISSION_PER_SECOND * DISTRIBUTION_DURATION
+    );
   }
 }
diff --git a/yarn.lock b/yarn.lock
index 419baa37d..a090e2c67 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -44,10 +44,10 @@
   resolved "https://registry.yarnpkg.com/@bgd-labs/aave-address-book/-/aave-address-book-2.10.0.tgz#19873ec0edf9ee1f1a5539162e6092b0a2b2c4b4"
   integrity sha512-DVglkDCYUf7etb6mnCziIY2HPgap4X3AnC/1tC0ZqpXFrhO0lQzWBiMeWy20r1x/b81iHMQa02ULaco3LhdeVw==
 
-"@bgd-labs/aave-address-book@^2.14.0":
-  version "2.14.0"
-  resolved "https://registry.yarnpkg.com/@bgd-labs/aave-address-book/-/aave-address-book-2.14.0.tgz#5cf20d1d9bfd2f9dbb57ebadb4e066ff7631009d"
-  integrity sha512-FFlfxOByUclzb6tY7LuA4rVRY6lRv3U6+FFXOegV6wxwYrsZEP9v3g0gQK0PTnbo3+Ua3kl+TlvySMQU7Klalw==
+"@bgd-labs/aave-address-book@^2.17.0":
+  version "2.17.0"
+  resolved "https://registry.yarnpkg.com/@bgd-labs/aave-address-book/-/aave-address-book-2.17.0.tgz#06f5e8950135d00039220a0a6f44055e520924e2"
+  integrity sha512-JhKGyaCm6Qg+0jtX3UiNNi7c8+vYqFp8gbAsgMnxMZhDOEoNo4gPtiEq9M9rFl1PwjSEdMyzoRcP/nquFPC52g==
 
 "@bgd-labs/aave-cli@0.2.1":
   version "0.2.1"