Onboard USDC.e on Gnosis














Onboard USDC.e on Gnosis







Author

Aave Chan Initiative

Creator

0x57ab7ee15cE5ECacB1aB84EE42D5A9d0d8112922

Simple Summary

This proposal aims to onboard USDC.e into the Aave V3 pools on Gnosis.

Motivation

Gnosis will be deploying a new version of USDC, following the Bridge Token Standard. The migration from the older version of USDC allows for more flexibility and paves the way for deeper integration with Circle and native USDC implementations.

This proposal aims to onboard USDC.e into the Aave V3 pools on Gnosis in support of this migration, allowing Aave users to transition to the new version of USDC.

Specification

The table below illustrates the configured risk parameters for USDCe

ParameterValue
Isolation Modefalse
BorrowableENABLED
Collateral Enabledtrue
Supply Cap (USDCe)1,500,000
Borrow Cap (USDCe)1,400,000
Debt CeilingUSD 0
LTV75 %
LT78 %
Liquidation Bonus5 %
Liquidation Protocol Fee10 %
Reserve Factor10 %
Base Variable Borrow Rate0 %
Variable Slope 19 %
Variable Slope 275 %
Uoptimal90 %
Stable BorrowingDISABLED
FlashloanableENABLED
Siloed BorrowingDISABLED
Borrowable in IsolationENABLED
Oracle0x0a2d05bc646C65A029e602c257DfA14adF8BfAd2

References

Copyright

Copyright and related rights waived via CC0.

by BGD Labs