# Treasury Management - Polygon v2 to v3 Migration
AI summary
This proposal aims to move most of Aave DAO's funds currently held on Aave v2 on the Polygon network to Aave v3 on the same network. This includes various wrapped tokens like amUSDC, amDAI, amWETH, and others. The goal is to consolidate the DAO's treasury and ensure these assets are earning yield on the newer, more efficient Aave v3 platform.
If passed, the Aave DAO treasury will be more streamlined and potentially earn better returns on its assets by utilizing Aave v3's features. This benefits the DAO by optimizing its financial operations, with no direct negative impact on any specific group.
Voting results
🐳 Whale votes
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Treasury Management - Polygon v2 to v3 Migration
title: "Treasury Management - Polygon v2 to v3 Migration" author: "TokenLogic" discussions: "https://governance.aave.com/t/arfc-migrate-consolidate-polygon-treasury/12248"
Simple Summary
This AIP will migrate all the DAOs assets (except BAL & CRV) held on Polygon v2 to Polygon v3.
Motivation
The DAO's funds on v2 are to be migrated to v3 as part of a broader effort to migrate funds from v2 to v3 on Polygon.
This AIP will implement the following:
- Withdraw all assets from Aave v2 Polygon
- Deposit assets into Aave v3 Poly…