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title: "Transfer AURA to GLC Safe" author: "karpatkey - TokenLogic" discussions: "https://governance.aave.com/t/arfc-treasury-management-transfer-aura-to-glc-safe/15669"

Summary

This AIP will transfer the AURA holdings from the Ethereum Treasury to the GHO Liquidity Committee (GLC) SAFE.

Motivation

The Aave DAO holds 845,090.43 vlAURA on the GLC SAFE and also 443,674 AURA on the Treasury (Collector contract).

This AIP will transfer the AURA from the Treasury to the GLC SAFE, consolidating the vlAURA holdings. The Aave DAO is expected to receive ~413,849.57 units of vlAURA upon locking 443,674 AURA.

The GLC is tasked with locking the AURA and managing the vlAURA holdings on behalf of the Aave DAO.

Specification

This proposal encompasses the following actions:

• Transfer all AURA from the Aave Mainnet Collector to the GLC SAFE Address.

GLC SAFE Address: 0x205e795336610f5131Be52F09218AF19f0f3eC60

References

• Implementation: AaveV3Ethereum
• Tests: AaveV3Ethereum
• Snapshot
• Discussion

Copyright

Copyright and related rights waived via CC0.