Add LDO to Ethereum Aave v3
This publication presents the community with the opportunity to add LDO to the Ethereum V3 Liquidity Pool.
LDO would be the first Ethereum liquid staking protocol governance token to be listed on Aave. Aave would benefit from being the first major lending market to list LDO. Users will be able to express various trading views on LDO’s price outlook in the lead up to Shanghai.
This publication uses the parameters provided by Gauntlet and Chaos Labs.
Lido is a suite of software protocols that facilitates liquid staking across multiple blockchains. The Lido DAO is a decentralised autonomous organisation. The LDO token is used to vote on the use of the DAO treasury associated with the protocols, research and development, and incentive programs.
The Lido DAO is an Aragon organization. The LDO token was created using an Aragon Minime contract. Since Aragon provides a full end-to-end framework to build DAOs, Lido DAO uses its standard tools.
Making LDO available on Aave v3 would make Aave v3 the first major lending market to do so and would benefit from the first mover advantage.
The parameters shown below are the combined recommendation of Gauntlet and Chaos Labs.
|Supply Cap (LDO)||6,000,000|
|Borrow Cap (LDO)||3,000,000|
|Liquidation Protocol Fee||10.00%|
Test cases can be found here
Payload implementation can be found here
Deployed Payload can be found here
Copyright and related rights waived via CC0.
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