Enable SVR V1 on Aave V3 Ethereum














Enable SVR V1 on Aave V3 Ethereum







Author

BGD Labs @bgdlabs

Creator

0xf71fc92e2949ccF6A5Fd369a0b402ba80Bc61E02

Simple Summary

Activates SVR oracles on the AaveV3Ethereum instance for the assets LBTC, tBTC, LINK and AAVE.

Motivation

As described in the on the original governance post, this proposal seeks the community’s approval to integrate Chainlink’s SVR v1 system. Extensive details about its rationale and specifications can be found on the governance forum.

Specification

Given the new introduction of SVR feeds, this proposal will perform the activation through an SVR_STEWARD steward. The SVR_STEWARD, ensures there is minimal derivation between the current price feed and the svr price feed at activation. Also the SVR_STEWARD allows for the Protocol guardian to revert to the previous oracle in case any unforeseen issue arises.

References

Copyright

Copyright and related rights waived via CC0.

by BGD Labs