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Proposal overview

Revert ENJ Parameter Changes and Enable FEI as Collateral on Aave V2

Executed

Executed on 

Jan 30, 2022

Simple Summary

A proposal to revert ENJ parameter changes that were implemented by AIP 55 and to enable FEI as a collateral asset on Aave V2.

Abstract

AIP 55 intended to enable FEI as a collateral, but applied parameter changes to ENJ instead of FEI. FEI’s risk parameters were not updated, and FEI was not enabled as a collateral.

Specification

ENJ risk parameters including LTV, liquidation threshold, and liquidation bonus will be reverted to their original values before AIP 55 was executed. FEI will be enabled as collateral and its initial parameters will be an LTV of 50%, a liquidation threshold of 60%, and a liquidation bonus of 6.5%. The below table specifies the changes that this AIP will make.

Implementation

The proposal sets the LTV, liquidation threshold, and liquidation bonus by calling configureReserveAsCollateral on the LendingPoolConfigurator contract at 0x311Bb771e4F8952E6Da169b425E7e92d6Ac45756, using the address and parameters specific to each token.

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Copyright

Copyright and related rights waived via CC0.

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407,890

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Executed

Executed on 

Jan 30, 2022
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Proposal details

Created

Block

26 Jan 2022, 00:06 UTC +00:00

14077932

Started

Block

26 Jan 2022, 00:06 UTC +00:00

14077932

Ended

Block

29 Jan 2022, 00:06 UTC +00:00

14097132

Executed

30 Jan 2022, 20:12 UTC +00:00

Author

Paul Lei, Jonathan Reem, Nick Cannon, Watson Fu