XPL Onboarding
XPL Onboarding
Author
ACI
Creator
0x57ab7ee15cE5ECacB1aB84EE42D5A9d0d8112922
Simple Summary
This AIP proposes to onboard XPL to Aave V3 Plasma Instance.
This proposal will be a Direct to AIP.
Motivation
XPL is the native token of the Plasma blockchain. It was initially approved by governance for onboarding to the Plasma instance during the Plasma instance deployment yet was paused due to reservations of some service providers. Given there is now sufficient liquidity for the token we believe it is time to reconsider onboarding XPL to the Plasma instance.
Specification
| Parameter | Value |
|---|---|
| Asset | WXPL |
| Isolation Mode | No |
| Borrowable | No |
| Collateral Enabled | Yes |
| Supply Cap | 14,000,000 |
| Borrow Cap | - |
| Debt Ceiling | - |
| LTV | 0.05% |
| LT | 0.1% |
| Liquidation Bonus | 10% |
| Liquidation Protocol Fee | 10% |
| Variable Base | - |
| Variable Slope1 | - |
| Variable Slope2 | - |
| Uoptimal | - |
| Reserve Factor | - |
E-Mode
| Parameter | Value | Value |
|---|---|---|
| Asset | WXPL | USDT0 |
| Collateral | Yes | No |
| Borrowable | No | Yes |
| Max LTV | 50% | - |
| Liquidation Threshold | 55% | - |
| Liquidation Bonus | 10% | - |
Additionally add ACI LM (0xac140648435d03f784879cd789130F22Ef588Fcd](https://plasmascan.to/address/0xac140648435d03f784879cd789130F22Ef588Fcd) has emission admin for XPL incentive.
References
- Implementation: AaveV3Plasma
- Tests: AaveV3Plasma Snapshot: Direct to AIP
- Discussion
Copyright
Copyright and related rights waived via CC0.