Proposal overview
add ARB to Aave V3 Arbitrum Pool
Simple Summary
this AIP proposes to add ARB to the Aave V3 Arbitrum Pool
Motivation
Adding support for ARB in Arbitrum v3 pools adds greater TVL and user experience to the increasingly popular Aave v3 Arbitrum market - and additional revenue opportunities for Aave.
By enabling borrowing, it allows users and institutions to take a unique position on this Governance token as the network matures and builds a decentralized community.
Furthermore, it more closely aligns the Aave community with Arbitrum and, by extension, Ethereum.
Additionally, it allows for creative uses of ARB received by the DAO to seed initial liquidity.
Specification
Ticker: ARB
Contract Address: 0x912CE59144191C1204E64559FE8253a0e49E6548`
Risk Parameters
Parameter | Value |
---|---|
Isolation Mode | Yes |
Borrowable | Yes |
Collateral Enabled | Yes |
Supply Cap (ARB) | 20M |
Borrow Cap (ARB) | 16.5M |
Debt Ceiling | $14M |
LTV | 50.00% |
LT | 60.00% |
Liquidation Bonus | 10.00% |
Liquidation Protocol Fee | 10.00% |
Reserve Factor | 20.00% |
Variable Base | 0.00% |
Variable Slope1 | 7.00% |
Variable Slope2 | 300.00% |
Uoptimal | 45% |
Stable Borrowing | Disabled |
References
- Implementation: Arbitrum
- Tests: Arbitrum
- Snapshot
- ARFC Discussion
- TEMP CHECK Discussion
Copyright
Copyright and related rights waived via CC0.
Your voting info
Voting results
YAE
723,089
AAVE100.00%
NAY
0
AAVE0%
Votes
Executed on
Jul 17, 2023Required
723.08K
320.00K
Required
723.08K
80,000.00
16,000,000
Proposal details
Block
12 Jul 2023, 13:04 UTC +00:00
17677660
Block
13 Jul 2023, 13:25 UTC +00:00
17684860
Block
16 Jul 2023, 05:25 UTC +00:00
17704060
17 Jul 2023, 06:24 UTC +00:00
Marc Zeller (@marczeller - Aave Chan Initiative)