Simple Summary
The purpose of this proposal is to hold increase USDC on v2 mainnet and begin deploying a portion of the funds held in the Ethereum Collector Contract to earn yield. This is a follow-up proposal to AIP 282, which passed.
Motivation
This publication presents a proposal for Aave to deploy its Ethereum Collector Contract holdings to earn yield.
Specification
Withdraw the following aTokens:
MKR
GUSD
FRAX
sUSD
UST
LUSD
YFI
UNI
TUSD
RWA USDC
Once withdrawn, swap the listed assets above plus:
USDT
DAI
Swap for USDC via COW Swap.
Once USDC is acquired, deposit into Aave V2 for aUSDC.
References
Copyright
Copyright and related rights waived via CC0.
