This image has an empty alt attribute; its file name is aave-logo.png

Proposal: Appoint Securitize as a Whitelister to Aave Arc

Created: July 27th, 2022

Passed: Yes,
188K AAVE For,
6 Against

What does it do: Appoint Securitize as a whitelister on the Aave Arc market.

Why: Aaave Arc is an institutional Defi platform with the same features as Aave but complies with KYC and AML standards. On the Aave Arc platform, a whitelister completes the onboarding process on behalf of a protocol by providing KYC/KYB, T&C, Disclosures, and Granting Specific permissions.

Securitize is a candidate for a whitelister and boasts an impressive resume that includes, but is not limited to, being a leading digital asset securities company, Finra member Broker-Dealer, and a Registered Transfer Agent in the digital asset space. 

Takeaway: Aave continues to focus on the holistic suite of opportunities that Aave can provide. These opportunities include development, governance updates, and institutional onboarding.

Updates on Prior Coverage

This image has an empty alt attribute; its file name is MMI-NL-Banner-MakerDao.png

Greenlight Poll: bIBTA (Backed Finance Short-Term Bond ETF)

Created: July 18th, 2022

Passed: Not Yet but looking likely,
48K MKR For,
11K Abstain,
7K Against

What does it do: Determines if bIBTA should be a priority for inclusion by Core Units.

Why: Per MIP-6, Declaration of Intent - Invest in short-term bonds, Backed Finance is creating tokenized short-term bonds that are backed 1:1 with the financial instruments. Maker and the community is looking to acquire these tokenized financial instruments using DAI. This Greenlight Poll allows for the inclusion of Backed Finance Short-Term Bonds to be managed under core unit responsibilities.

Takeaway: Maker continues to push the boundaries of DeFi, partnering with name brand protocols to integrate with traditional finance on-chain.  

Updates on Prior Coverage


This image has an empty alt attribute; its file name is Screenshot-2022-03-18-at-19.08.53.png

Updates on Prior Coverage


  • Daily HODL: Large Uniswap Holders Awaken, Accumulate Nearly 75M

  • Blockworks: Uniswap’s Proposed ‘Fee Switch’ Would Cut Into LP Payouts

  • Other Internet: The State of Uniswap Governance: A Paradox of Minimization

Screenshot 2022 03 18 at 19 13 37
  • Uniswap

  • Maker

  • Aave

  • Compound

  • Sushiswap

  • Rari Capital

Cryptofunds, market makers, and trading desks can interact with these DeFi protocols with MetaMask Institutional

MetaMask Institutional offers unrivaled access to the DeFi ecosystem without compromising on institution-required security, operational efficiency, or compliance requirements. We enable funds to trade, stake, borrow, lend, invest, and interact with over 17,000 DeFi protocols and applications.

Learn more about MetaMask Institutional

Found this research useful? Connect with the Consensys Cryptoeconomic Research team at [email protected]

Return to the Cryptoeconomic Research Library

DisclaimerConsensys Software Inc. is not a registered or licensed advisor or broker. This report is for general informational purposes only.  It does not constitute or contain any individual investment advice and is made without any regard to the recipient’s objectives, financial situation, or means.  It is not an offer to buy or sell, or a solicitation of any offer to buy, any token or other investment, nor is it intended to be used for marketing purposes to anyone in any jurisdiction. Consensys does not intend for any person or entity to rely on any facts, opinions, or ideas, and any financial or economic commentary expressed in this report may not be relied upon. Consensys makes no representations as to the accuracy, completeness, or timeliness of the information or opinions in this report and, along with its employees, does not assume any responsibility for any loss to any person or entity that may result from any act or omission based upon this report. This report is subject to correction, completion, and amendment without notice; however, Consensys has no obligation to do so.