Simple Summary

This Direct to AIP proposal plans to update SyrupUSDC config and add a 10% Liquidation Protocol Fee on Aave V3 Base Instance.

Motivation

AIP was executed through AIP Onboard SyrupUSDC on Base.

Nevertheless, by mistake the Liquidation Protocol Fee was set up to 0, despite being mentioned to be 10% by risk Services Providers and the proposal itself on Forum [Direct to AIP] Onboard syrupUSDC to Aave V3 Base Instance.

This Direct to AIP will update the Liquidation Protocol fee from 0 to 10%.

Specification

Update the Liquidation Protocol Fee from 0% to 10% for SyrupUSDC on Aave V3 Base Instance.

We will also batch with this AIP a correction of last PT srUSDe e-mode labels.

Useful Links

[Direct to AIP] Onboard syrupUSDC to Aave V3 Base Instance

AIP Onboard SyrupUSDC on Base.

Disclaimer

ACI is not directly affiliated with Maple and did not receive compensation for the creation of this proposal.

References

• Implementation: AaveV3Base
• Tests: AaveV3Base
• Snapshot: Direct-to-AIP
• Discussion

Copyright

Copyright and related rights waived via CC0.