DeFi - Lending (Aave)

In lending protocols like Aave, you can set a member with the following roles, so he/she can react ASAP once there's an emergency:

• User with 'repay' roles can repay debts immediately when the health rate is reaching the liquidation line.

• User with 'withdraw' roles can withdraw deposits immediately when there's a danger signal(hacker attack, rug, extreme utilization) of the pool.

Here we take Aave as a samlpe to show you how you can set the roles:

1. Repay ETH & Withdraw ETH

   • Enter the role name and target contract address (for native tokens like ETH/Matic, the gateway contract is used as the target contract).

     Polygon: 0xAeBF56223F044a73A513FAD7E148A9075227eD9b(WrappedTokenGatewayV2)

   

   • Select the roles and fill the parameters (Notice: the 2 parameters marked below must be the Safe Address otherwise the member with this role is able to transfer your assets away by abusing the functions).

   
2. Repay ERC20 & Withdraw ERC20

   • Enter the role name and target contract address.

     Polygon: 0x8dFf5E27EA6b7AC08EbFdf9eB090F32ee9a30fcf (Aave: Lending Pool V2)

     

   • Select the roles and fill the parameters (Notice: the 2 parameters marked below must be the Safe Address otherwise the member with this role is able to transfer your assets away by abusing the functions).