AAVE

Proposal overview

add ARB to Aave V3 Arbitrum Pool

Executed

Executed on 

Jul 17, 2023

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

ParameterValue
Isolation ModeYes
BorrowableYes
Collateral EnabledYes
Supply Cap (ARB)20M
Borrow Cap (ARB)16.5M
Debt Ceiling$14M
LTV50.00%
LT60.00%
Liquidation Bonus10.00%
Liquidation Protocol Fee10.00%
Reserve Factor20.00%
Variable Base0.00%
Variable Slope17.00%
Variable Slope2300.00%
Uoptimal45%
Stable BorrowingDisabled

References

Copyright

Copyright and related rights waived via CC0.

Your voting info

Voting results

YAE

723,089

AAVE

100.00%

NAY

0

AAVE

0%

Votes

State
Executed

Executed on 

Jul 17, 2023
Quorum
Reached
Current votes

Required

723.08K

320.00K

Differential
Reached
Current differential

Required

723.08K

80,000.00

Total voting power

16,000,000

Proposal details

Created

Block

12 Jul 2023, 13:04 UTC +00:00

17677660

Started

Block

13 Jul 2023, 13:25 UTC +00:00

17684860

Ended

Block

16 Jul 2023, 05:25 UTC +00:00

17704060

Executed

17 Jul 2023, 06:24 UTC +00:00

Author

Marc Zeller (@marczeller - Aave Chan Initiative)

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