[SGR] Create Spectra Gauges for Aave Umbrella Staked Assets


title: [SGR] Create Spectra Gauges for Aave Umbrella Staked Assets
author: @TokenLogic
created: 2025-05-22
Target Assets: stk-aUSDC, stk-aUSDT, stk-aWETH, stk-GHO
IBT Contract Addresses: TBA
Twitter Link: https://x.com/aave
Network: Ethereum


Simple Summary

This publication proposes creating Spectra gauges for the newly introduced Aave Umbrella staked assets, stk-aUSDC, stk-aUSDT, stk-aWETH, and stk-GHO, to incentivize risk-aligned user participation and support GHO utility expansion.

Background

The Umbrella system marks the next evolution of Aave’s Safety Module. It enables users to stake specific aTokens or GHO to help backstop Aave protocol risk, while receiving protocol incentives in return. It broadens risk-sharing to a diverse set of token holders and aligns incentives with asset-specific exposures.

The following staked assets were introduced as part of the Umbrella activation:

  • stk-aUSDC
  • stk-aUSDT
  • stk-aWETH
  • stk-GHO

These tokens represent claims on the underlying aTokens or GHO, while granting coverage functionality and protocol-level rewards, much like traditional stkAAVE.

Motivation

By enabling Spectra gauges for Umbrella assets, Aave DAO can:

  • Bootstrap liquidity and participation in the Umbrella system,
  • Attract new user profiles, especially passive aToken holders unfamiliar with staking mechanisms,
  • Support long-term peg stability for GHO via stk-GHO inclusion,
  • Direct veSPECTRA bribes and partner incentives toward assets with the most strategic relevance.

These gauges will facilitate incentive optimization and unlock fixed- and variable-yield opportunities for Umbrella participants, further integrating Aave with the growing Spectra ecosystem.

Benefits of this Integration for Spectra

Diversified Staking Strategies
Umbrella assets introduce structured staking opportunities across stablecoins, ETH, and native GHO — enhancing user options for yield and coverage participation.

Yield Securitization
Spectra’s fixed-yield layer enables the separation of protocol rewards into tradable principal and yield tokens, appealing to different risk appetites.

Benefits of this Integration for Aave DAO

Strategic Adoption
Umbrella gauges accelerate the adoption of newly launched Aave primitives, solidifying the protocol’s multi-asset safety net.

Peg Support & Market Growth
The inclusion of stk-GHO in particular supports GHO’s market depth and stability, while signaling long-term DAO commitment to its adoption.

Bribe-Leveraged TVL
The Liquidity Committee or external stakeholders may choose to direct veSPECTRA votes toward these gauges, optimizing TVL and increasing reward efficiency.

Community Poll

Voting options:

  1. YAE - Create Spectra Gauges for stk-aUSDC, stk-aUSDT, stk-aWETH, stk-GHO
  2. NAY - Do Nothing
  3. ABSTAIN

Disclaimer

TokenLogic is a compensated contributor to the Aave DAO.

Copyright

Copyright and related rights waived via CC0

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Community Poll

Voting options:

  • YAE - Create Spectra Gauges for stk-aUSDC, stk-aUSDT, stk-aWETH, stk-GHO
  • NAY - Do Nothing
  • ABSTAIN
0 voters