Onboard eUSDe and eUSDe based PT token to Aave V3 Core














Onboard eUSDe and eUSDe based PT token to Aave V3 Core







Author

Aave-Chan Initiative

Creator

0x57ab7ee15cE5ECacB1aB84EE42D5A9d0d8112922

Simple Summary

This proposal aims to onboard the eUSDe token as well as the USDe July expiry PT tokens and eUSDe August expiry PT tokens on the Aave V3 Core Instance.

Motivation

Last month listing of various PT tokens where met with massive support from the community and growth for the protocol. To capitalize on this interest we suggest onboard two additional PT tokens to the Core instances. The two PT tokens selected are the same as previously onboarded with a later expiry date.

Specification

eUSDe

The table below illustrates the configured risk parameters for eUSDe

ParameterValue
Isolation Modefalse
BorrowableDISABLED
Collateral Enabledtrue
Supply Cap (eUSDe)550,000,000
Borrow Cap (eUSDe)1
Debt CeilingUSD 0
LTV0.05 %
LT0.1 %
Liquidation Bonus7.5 %
Liquidation Protocol Fee10 %
Reserve Factor45 %
Base Variable Borrow Rate0 %
Variable Slope 110 %
Variable Slope 2300 %
Uoptimal45 %
FlashloanableENABLED
Siloed BorrowingDISABLED
Borrowable in IsolationDISABLED

Pricefeed details

ParameterValue
OracleCapped eUSDe / USDe / USD
BASE/USD OracleChainlink USDT/USD
Ratio ProvidereUSDe
Oracle Latest Answer(2025-05-20) USD 1.0002
min snapshot1 day
max yearly growth0%

eUSDe/Stablecoin E-Mode(id:15)

AsseteUSDeUSDCUSDTUSDS
CollateralYesNoNoNo
BorrowableNoYesYesYes
LTV90%---
LT93%---
Liquidation Bonus2%---

Additionally 0xac140648435d03f784879cd789130F22Ef588Fcd has been set as the emission admin for eUSDe and the corresponding aToken.

PT_USDe_31JUL2025

The table below illustrates the configured risk parameters for PT_USDe_31JUL2025

ParameterValue
Isolation Modefalse
BorrowableDISABLED
Collateral Enabledtrue
Supply Cap (PT_USDe_31JUL2025)40,000,000
Borrow Cap (PT_USDe_31JUL2025)1
Debt CeilingUSD 0
LTV0.05 %
LT0.1 %
Liquidation Bonus7.5 %
Liquidation Protocol Fee10 %
Reserve Factor45 %
Base Variable Borrow Rate0 %
Variable Slope 110 %
Variable Slope 2300 %
Uoptimal45 %
FlashloanableENABLED
Siloed BorrowingDISABLED
Borrowable in IsolationDISABLED

Pricefeed details

ParameterValue
OraclePT Capped USDe USDT/USD linear discount 31JUL2025
Underlying OracleCapped USDT/USD
Underlying OracleChainlink USDT/USD
Oracle Latest Answer(2025-05-21) USD .98398009
discountRatePerYear8.47%
maxDiscountRatePerYear29.21%

PT-USDe Stablecoins E-mode(id:10)

AssetPT-USDeUSDeUSDCUSDTUSDS
CollateralYesYesNoNoNo
BorrowableNoNoYesYesYes
LTVSubject to Risk Oracle----
LTSubject to Risk Oracle----
Liquidation BonusSubject to Risk Oracle----

PT-USDe USDe E-mode(id:12)

AssetPT-USDeUSDe
CollateralYesYes
BorrowableNoYes
LTVSubject to Risk Oracle-
LTSubject to Risk Oracle-
Liquidation BonusSubject to Risk Oracle-

Initial E-mode Risk Oracle

ParameterValueValue
E-ModeStablecoinUSDe
LTV88.1%90.1%
LT91.1%92.1%
LB3.9%2.8%

Additionally 0xac140648435d03f784879cd789130F22Ef588Fcd has been set as the emission admin for PT_USDe_31JUL2025 and the corresponding aToken.

PT_eUSDe_14AUG2025

The table below illustrates the configured risk parameters for PT_eUSDe_14AUG2025

ParameterValue
Isolation Modefalse
BorrowableDISABLED
Collateral Enabledtrue
Supply Cap (PT_eUSDe_14AUG2025)100,000,000
Borrow Cap (PT_eUSDe_14AUG2025)1
Debt CeilingUSD 0
LTV0.05 %
LT0.1 %
Liquidation Bonus7.5 %
Liquidation Protocol Fee10 %
Reserve Factor45 %
Base Variable Borrow Rate0 %
Variable Slope 110 %
Variable Slope 2300 %
Uoptimal45 %
FlashloanableENABLED
Siloed BorrowingDISABLED
Borrowable in IsolationDISABLED

Pricefeed details

ParameterValue
OraclePT Capped eUSDe USDT/USD linear discount 14AUG2025
Underlying OracleCapped USDT/USD
Underlying OracleChainlink USDT/USD
Oracle Latest Answer(2025-05-21) USD .97942094
discountRatePerYear9.037%
maxDiscountRatePerYear29.781%

PT-eUSDe Stablecoins E-mode(id:13)

AssetPT-eUSDeeUSDeUSDCUSDTUSDS
CollateralYesYesNoNoNo
BorrowableNoNoYesYesYes
LTVSubject to Risk Oracle----
LTSubject to Risk Oracle----
Liquidation BonusSubject to Risk Oracle----

PT-eUSDe USDe E-mode(id:14)

AssetPT-eUSDeeUSDeUSDe
CollateralYesYesNo
BorrowableNoNoYes
LTVSubject to Risk Oracle--
LTSubject to Risk Oracle--
Liquidation BonusSubject to Risk Oracle--

Initial E-mode Risk Oracle

ParameterValueValue
E-ModeStablecoinUSDe
LTV87.1%89%
LT90.1%91%
LB4.1%3.1%

Additionally 0xac140648435d03f784879cd789130F22Ef588Fcd has been set as the emission admin for PT_eUSDe_14AUG2025 and the corresponding aToken.

References

Copyright

Copyright and related rights waived via CC0.

by BGD Labs