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Published 20 hours ago • verified publisher icon enzymefinance

Requesting support to redeem stAave for lending

Open mocolicious opened this issue 3 years ago • 3 comments

This is a new feature that was added this week but AAVE now rewards stAave (staked AAVE) for borrowing or lending certain coins. So any fund that is lending Dai, ETH, WBTC, etc. right now is also being rewarded with stAave that they can claim.

mocolicious avatar May 04 '21 03:05 mocolicious

@mocolicious Thanks for creating this issue. We're already on it, but it will likely require a core change because of how the claiming functions are implemented. For now, the rewards will accumulate to your VaultProxy, but will not be claimable until a subsequent release.

SeanJCasey avatar May 04 '21 12:05 SeanJCasey

@SeanJCasey thanks for the update! I look forward to the subsequent release. will be a game changer for vault managers.

mocolicious avatar May 05 '21 23:05 mocolicious

Submitted an AIP to make this possible in Enzyme: https://governance.aave.com/t/proposal-adapt-contracts-slightly-to-improve-defi-composability/4125

SeanJCasey avatar May 20 '21 14:05 SeanJCasey