Onboard USDC to Aave V3 Lido Instance














Onboard USDC to Aave V3 Lido Instance







Author

ACI

Creator

0x57ab7ee15cE5ECacB1aB84EE42D5A9d0d8112922

Simple Summary

This proposal aims to onboard USDC to the Aave v3 Lido Instance.

Motivation

The integration of USDC into the Aave v3 Lido Instance is driven by the following factors:

  • Liquidity Enhancement: The inclusion of this widely-used stablecoin is expected to boost liquidity in the Lido Instance, potentially attracting more users and increasing overall platform activity.

  • Strategic Alignment: This move aligns with Aave’s goal of offering a comprehensive suite of high-quality assets, keeping the protocol at the forefront of DeFi liquidity.

Specification

The table below illustrates the configured risk parameters for USDC

ParameterValue
Isolation Modefalse
BorrowableENABLED
Collateral Enabledfalse
Supply Cap (USDC)30,000,000
Borrow Cap (USDC)27,600,000
Debt CeilingUSD 0
LTV0 %
LT0 %
Liquidation Bonus0 %
Liquidation Protocol Fee10 %
Reserve Factor10 %
Base Variable Borrow Rate0 %
Variable Slope 15.5 %
Variable Slope 260 %
Uoptimal92 %
Stable BorrowingDISABLED
FlashloanableENABLED
Siloed BorrowingDISABLED
Borrowable in IsolationENABLED
Oracle0x736bF902680e68989886e9807CD7Db4B3E015d3C

References

Copyright

Copyright and related rights waived via CC0.

by BGD Labs