KVORUM
aaveSource: Aave governance v3 · #139

Onboard USDC.e on Gnosis

executedAug 4, 2024, 11:39 AM UTCby570x57ab…2922

01Summary

AISummary by Kvorumclaude-haiku-4-5

Proposal to onboard USDC.e (new Bridge Token Standard version of USDC) into Aave V3 pools on Gnosis chain to support the migration from the older USDC version. Configures risk parameters including 1.5M supply cap, 1.4M borrow cap, 75% LTV, and enables borrowing and collateral functionality.

Type
protocol addition

Key changes

  • Onboard USDC.e token into Aave V3 pools on Gnosis chain(high)
  • Enable USDC.e as collateral with 75% LTV and 78% liquidation threshold(high)
  • Set supply cap at 1,500,000 USDC.e and borrow cap at 1,400,000 USDC.e(high)
  • Configure borrowing parameters with 0% base rate, 9% slope 1, and 75% slope 2(medium)
  • Enable flashloan functionality for USDC.e(medium)
ContractsAaveV3Gnosis
Generated by Kvorum
model: claude-haiku-4-5
provider: anthropic
profile: anthropic-fast-v1
prompt: v1.0
generated: 2mo ago
Read the description ↗

02Description

261 words

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.

03Mismatch analysis

AIMismatch analysis by Kvorum

A calldata-vs-description analysis is not generated yet. Review the decoded actions →

04Actions

0 total

This proposal carries no on-chain actions.

05Tally

Summed from votes

Voters0
VP participating0
Outcome (current)—
Current support—

06Voters

0 total

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07Forum

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