Aave executes Slope2 Risk Oracle activation

What happened

Aave governance executed proposal 395, activating automated Slope2 interest-rate updates on specified Ethereum Core and Linea reserves.

What changed

The approved risk-oracle and steward path became operative for Slope2 updates. Covered Ethereum assets include WETH, USDC, USDT, and USDe; covered Linea assets include WETH, USDC, and USDT.

What did not change

The automation is restricted to Slope2 for whitelisted assets and did not transfer unrestricted authority over other interest-rate, collateral, liquidation, oracle, pause, or custody parameters.

Confirmed

• Proposal 395 reached executed status on October 25.
• The execution included an Ethereum payload and a Linea payload.
• The activated steward was limited to Slope2 updates for configured assets.
• The proposal assigned the required RiskAdmin authority and specified Chainlink Automation for Ethereum and Gelato automation for Linea.

Still open

• The realized frequency and magnitude of automated Slope2 changes after activation.
• Market-by-market performance during prolonged high-utilization stress.

What it means for an advisor

• Supersede the earlier ARFC-stage interpretation with executed status in the Aave memo's control map.
• Monitor automated borrow-rate changes and distinguish them from manually governed parameter changes when evaluating liquidity stress.

Previous interpretation

The Slope2 risk-oracle automation had been approved at the ARFC stage but was not yet confirmed operative.