KVORUM
aaveSource: Aave governance v3 · #345

Add USDe to the sUSDe emode Category

canceledby570x57ab…2922

01Summary

AISummary by Kvorumclaude-haiku-4-5

Add USDe as collateral to Aave's existing sUSDe/Stablecoins e-mode category (id:2) to improve capital efficiency for users holding Ethena assets, leveraging the intrinsic link and similar risk profile between USDe and sUSDe.

Type
parameter change

Key changes

  • USDe added as collateral asset to sUSDe stablecoin e-mode category (id:2)(medium)
  • Users can now use USDe as collateral while maintaining leverage within the e-mode category alongside sUSDe(medium)
ContractsAave V3 Ethereum E-mode Category 2
Generated by Kvorum
model: claude-haiku-4-5
provider: anthropic
profile: anthropic-fast-v1
prompt: v1.0
generated: 2mo ago
Read the description ↗

02Description

227 words

Simple Summary

This proposal aims to add USDe as collateral to the existing sUSDe/Stablecoins emode category to improve capital efficiency and provide a more cohesive borrowing experience for users of Ethena assets on Aave.

Motivation

Currently, the sUSDe (Ethena Synthetic USD) has its own e-mode category in Aave, allowing for optimized borrowing for this specific asset. However, USDe, the native stablecoin from Ethena, is not included in this same e-mode category despite being the underlying asset for sUSDe.

Rationale

  • USDe and sUSDe are intrinsically linked, with sUSDe being the staked version of USDe
  • Both assets have similar risk profiles and high correlation
  • Adding USDe as collateral to the same e-mode category would allow users to add USDe exposure while maintaining their leverage.
  • This change would allow borrowers to use either asset as collateral more effectively

Specification

USDe will be added as collateral to the sUSDe stablecoin emode (id:2)

AssetCurrentProposed
sUSDeCollateralCollateral
USDeNoneCollateral
USDCBorrowableBorrowable
USDTBorrowableBorrowable
USDSBorrowableBorrowable

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

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05Tally

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06Voters

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07Forum

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