On-chain events
Security incidents, control changes, governance votes, upgrades, launches, and closures, each with its primary sources. Confirmed facts are listed apart from open claims.
Aave v3 GHO Prime Instance deposits fell 40% to $7.6 million
The pool lost 40% of its deposits, so less liquidity is available. Ketju is checking how much a holder can withdraw and why the money left.
Lido proposal would let the CMC multisig set the deposit reserve up to 9,600 ETH
The proposal would give the CMC multisig standing power to decide how Lido splits buffered ETH between new consensus-layer deposits and withdrawal finalization when withdrawal demand is high.
TokenLogic proposes raising rates on 22 Aave stablecoin reserves
There is now a specific Risk Steward plan for broad changes to Aave's rates.
Axelar governance approved the axelar-core v1.5.3 upgrade
Axelar governance has approved the v1.5.3 network upgrade. The official release notes describe a migration of Cosmos SDK, IBC-Go and Wasmd, and changes to vote handling, queue ordering, fee policy and hardening.
Rocket Pool pDAO approves RocketDash in place of Snapshot for signaling votes
RocketDash becomes the recognized place for off-chain signaling votes and for publishing official results.
Aave Labs proposed PAXGy collateral for the Aave v4 Global Dollar Hub
The proposed collateral would include exposure to institutional gold lending.
Gateway.fm reports two August signing failures and four delayed Lido exits
Gateway.fm added on-chain key checks, checks on signer deployment, automatic share loading, backup exit endpoints, paging and alerts that confirm validators are live. It repaid 1.0054 ETH.
Lombard moves up to 60% of LBTC backing into a Bitwise covered-call strategy
Up to 60% of LBTC backing may go into an actively managed options strategy held with qualified custodians.
Aave ARFC vote backs winding down 50 reserves, 21 Pendle PTs and six V3 markets
The proposal passed the Snapshot vote and can move to an executable AIP. The plan freezes reserves, cuts supply and borrow caps to 1, raises reserve factors and may later change interest rates or liquidation thresholds.
Morpho Association proposes adding Spearbit and a 6-of-10 threshold to the DAO multisig
If approved and carried out, DAO actions would need six approvals, and Spearbit would be paid to act as a trusted signer.
Grove proposes giving Sky's PAS admin power over its DPAU controls
If it executes, PAS could change Grove's DPAU roles and rate limits without a separate Grove spell for each action authorized in advance.
Aave Labs proposes new signers for its 5-of-9 Emergency Guardian
There is now a specific plan to rotate the signers of the multisig that can cancel malicious, mistaken or unsafe governance proposals and payloads. Nobody has shown a completed change of owners.
DeFi Saver launches Liquidation Protection and a one-transaction Aave v3-to-v4 move
DeFi Saver, which Ketju approves only as an automation tool, can now sell collateral to repay debt automatically and can move positions between Aave versions more easily.
Aave voters backed PT-AUSD collateral at 93% LTV for the Monad V3 instance
The proposal cleared the Snapshot signaling stage and can move to an executable AIP.
Sky proposes cutting Osero's SparkLend USDS capital ratio to 25% from 100%
If approved, the required capital buffer would fall by 75 percentage points. Osero could then rely more on capital from Sky and less on its own.
BA Labs recommends turning on Sky's full revenue waterfall, with July net revenue of 10.5 million USDS
If executed, July net revenue would first pay for security and maintenance and then add to Sky reserves. The rest would be split among USDS staking rewards, SKY buybacks paid to stakers and SKY buybacks that are burned.
Sky corrects Prime Agent settlements by about 820,320 USDS
The reconciliation adds about 820,320 USDS of net Prime Agent revenue and 297,559 USDS of net Sky share to later settlements. It also replaces or corrects several accounting inputs.
Sky proposes letting an operator adjust Smart Burn Engine settings through SBE BEAM
If executed, the operator could change kbump, burn, hop and rewardsDuration together, within set limits on throughput, delay and cooldown.
Osero asks Sky to double ALLOCATOR-PRYSM-A's debt ceiling to 10 million USDS
If executed, the allocator's maximum USDS capacity would rise from 5 million to 10 million, and the debt it can draw at once would rise from 1 million to 2 million.
Sky.money adds five Morpho stablecoin vaults holding $121.7 million
The Sky.money interface now offers lending vaults beside the Sky Savings Rate.
Aave proposal would cut GHO Steward signing to 2-of-3 among three firms
The proposal would lower the GHO Steward signing threshold and replace individual signing addresses with nested Safes run by service providers. Ketju has not found that Aave approved or executed it.
Axelar governance deactivated its Moonbeam connection
Moonbeam is no longer an active Axelar Nexus connection. Axelar no longer offers that route until a separate action reactivates it.
BitGo picks Chainlink CCIP as the only bridge for WBTC
BitGo plans to move WBTC to CCIP, which would greatly widen use of a bridge Ketju tracks. The plan uses CCIP's Cross-Chain Token model, under which the issuer sets risk limits.
Phoenix Labs proposed USDG and RLUSD liquidity pools for Spark and a 1,756,359 USDS buyback
If executed, Spark would take on exposure to the USDG and RLUSD issuers, to depegs, to the pools and to planner execution, within deposit and swap limits that refill over time.
Sky proposes a 4-of-6 multisig to set Smart Burn Engine terms
The multisig could change the kbump, hop and burn settings without an executive vote. Prime Agents would get more controller functions.
Scope
Ketju lists an event here when it can change a Ketju memo, a position a client holds, something that position depends on, or the records an advisor should keep. Each entry names the stage the event has reached: reported, proposed, approved, executed, contained, recovered, or explained in a postmortem.
Corrections
Ketju never edits a published version. A recovery, a postmortem, a corrected loss figure, or a changed reading becomes a new version at the same address, and every earlier version stays in the JSON file.
Educational research for financial professionals. Not investment, legal, tax, or compliance advice. An event here does not mean a product is suitable or approved.