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# System prepended metadata

title: "\U0001F47B Aavenomics Phase 2 \U0001F47B"

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⚔️ Raid Guild :fire:_:fire: Governance Proposal

# 👻 Aavenomics Phase 2 👻

### Project Name 
Aavenomics :fire:_:fire: Governance Rollout

### Summary of Work

Aave will continue it's engagement with Raid Guild to assist in the Aavenomics rollout. The Fire Eyes DAO (:fire:_:fire:) - a governance DAO birthed from Raid Guild - will play an active rollout in both internal governance strategy as well as external governance participation leading up to the Genesis Governance. 

:fire:_:fire: will work closely with the Aave team to help spur governance participation & innovation within the Aave community. As well as ensuring a clear & concise rollout of Aave community governance.

Aave will look to :fire:_:fire: for feedback on external communication around Aavenomics, including blog posts, forums, incentives and partnerships to kickstart a healthy governance ecosytem.

### Summary of Project Goals: 

- Assess the Aavenomic rollout to provide insights and suggestions around community engagement strategy
- Provide feedback on Aave governance dashboard & discussion forums
- Establish key discussion topics for governance forums and drive community participant in those discussions.
- Share Aavenomics with key community members to obtain unbiased feedback about governance components
- Establish origin allocations of safety and ecosystem incentives in tandem with AAVE token holder community

### Raid  Party 
- **Skills:** Governance Strategy, User Feedback, Communication, Community Engagement.
- **Humans:** [James](https://twitter.com/BlockchainJames), [Callum](https://twitter.com/gladstonecallum), [Cooper](https://twitter.com/Cooopahtroopa), [Lucas](https://twitter.com/0x_Lucas).

### Assumptions

- Aave will use the weeks following the Aavenomics debut to prompt insightful governance discussion.
- :fire:_:fire: will play an active role in the Aavenomics governance discussions, both on the dforums and on Twitter.
- Aave will utilize community feedback to modify and solidify the parameters of Genesis Governance - specifically related to the Ecosystem Reserve allocation.
- The appropriate Aave team members will be available for consultation throughout this process. 

### Timeline

Phase 2 will take place over the next month - month and a half. The core focus will be around the launch of the Genesis Governance and transition towards v2 governance, both vetting internal suggestions and acting as a key contributor to the governance forum's first proposals and discussions.

The key goal of this engagement is to ensure the Genesis Governance receives full community support and has taken into account community sentiment when determining the first SI and EI allocations following the AAVE migration.

### Cost

Phase Two Cost: $15,000 USD

**Payment**
Raid Guild is happy to accept up to 75% of the payment in LEND as a sign of our commitment to the work we produce (and our love for Aave!). The remaining 25% should be made in aDai or ETH 🦄

:fire:_:fire: will convert 100% of LEND to AAVE upon migration.

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Raid Guild is keen to continue developing our ongoing relationship with Aave, providing feedback and participating inside of the evolving governance ecosystem presented by Aavenomics.

# 🌶👻⚔️🌶👻⚔️🌶👻⚔️🌶👻⚔️🌶👻	
