AAVEv2-V2 Strategies

You can read more about overall security and risks of using the Flashstake Protocol by heading over to Security.

Important

Flashstake Strategies are used by the Flashstake Protocol to facilitate where the staked tokens are directed towards as well as how up-front yield is generated when burning fTokens.

Flashstake Strategies can be developed and registered with the Flashstake Protocol by anyone but the Flashstake DAO chooses which Strategies are listed on the frontend located at app.flashstake.io

Contract Addresses

Network

Contract Address

fToken Name

fToken Address

Ethereum

0x6e5eD1A5901E81F6bC008023d766454D831B6617

fUSDC-6353

0x32ea96f6f2985bd38e4dac3bc08156198bc2324d

Ethereum

0x8373dd2efCaeA8174136E9d5F729219e47ee94ca

fWETH-8373

0x4d1733b4a6b92056f77b42e01ff05f0f1e863a5a

Ethereum

0x543134eC56eE444403461519C1Ec8590C7475897

fSNX-5431

0xb66f4bd1a4f0b594fd5c7c3513b14025d072e31d

Please note: The code for this Strategy can be found via block explorers such as Etherscan/Snowtrace.

Strategy Information

AAVEv2-V2 strategies are the second generation of strategies build on top of the AAVE protocol (AAVE version 2).

This strategy is exactly the same as the AAVEv2-V1 strategy with the exception:

  • This strategy allows the Controller to update the UserIncentive address at will. This only impacts the number of User Incentive tokens a user receives moving forward.

Please note this strategy does not allow the Controller to manage deposited funds in any way. The strategy Controller cannot withdraw principal tokens or yield tokens (aTokens in this case).

Risks

  • In the event a smart contract bug is found in this strategy the Owner/Controller has no ability to “Rescue” funds.

  • In the event the underlying protocol is compromised, staked tokens may be at risk.

  • In the event the underlying protocol has lent out all Staked tokens, you will be unable to unstake until there is sufficient liquidity.

Controller Powers

This Strategy implements Ownable and is controlled by the Flashstake DAO. There are limited powers available over this contract as explained below:

  • Ability to withdraw any ERC20 token that is not the AAVE interest bearing token. This is to ensure users can be refunded if ERC20 tokens are accidentally sent to this address. Please note, principal tokens cannot be withdrawn by the Controller.

  • Ability to claim AAVE rewards from the AAVE rewards pool. These rewards will be deposited directly into the contract.

  • Ability to update the UserIncentive address at will. This only impacts the number of User Incentive tokens a user receives moving forward.

“Flashstake DAO” consists of a multisig located at the following addresses:

Network

Multisig Address

Ethereum

0x8603FfE7B00CCd759f28aBfE448454A24cFba581

Optimism

0x3144F26fBc2421e5E69f87Ff8c54799e60a4fBB9

Arbitrum

0xEeB3f4E245aC01792ECd549d03b91541BC800b31