Enhancing Market Granularity in Aave v3.6: Part 1
01Summary
This proposal restricts certain assets across multiple Aave V3 instances (Optimism, Gnosis, Metis, Scroll, Celo) by removing their collateral status and/or borrowable status. Assets will be confined to use within their respective eMode environments only, reducing systemic risk and improving parameter clarity. This is part 1 of a 2-part proposal.
- Type
- parameter change
Key changes
- Remove collateral status for 9 assets across Optimism, Gnosis, and Metis instances (LINK, AAVE, OP, rETH, USDC.e, sUDC on Optimism; sDAI on Gnosis; mUSDC, mUSDT on Metis)(high)
- Remove borrowable status for 14 assets across Optimism, Gnosis, Scroll, Celo, and Metis instances including USDC.e, wstETH, LINK, LUSD, OP, rETH on Optimism; wstETH, WETH on Gnosis; wstETH, weETH, SCR on Scroll; Celo on Celo; mDAI, WETH on Metis(high)
- Implement LTV0 for assets not intended to serve as collateral outside of eModes(medium)
- Restrict assets to exclusive eMode participation, ensuring they are only active within targeted, high-correlation environments(high)
Notable concerns
- This is part 1 of a 2-part proposal; additional instances will be covered in a separate AIP
- sUSD on Optimism was requested for disabling as collateral but was already disabled prior to this proposal
Generated by Kvorum
02Description
Simple Summary
This proposal leverages the configurability improvements introduced in Aave v3.6 to strengthen risk isolation and improve parameter clarity. Specifically, it introduces:
- LTV0 for assets not intended to serve as collateral outside of eModes.
- Non-borrowable status for assets whose use cases are restricted to within their respective eModes.
- Exclusive eMode participation, ensuring these assets are only active within targeted, high-correlation environments.
This aims to reduce systemic exposure, simplify risk management, and enable cleaner differentiation between general market assets and those intended for correlated or high-efficiency lending environments.
This AIP is split into 2 parts, this one will only cover instances only instances covered by Aave V3.6 part 1. A second AIP will cover the rest of the instances
Motivation
Specification
The following asset got their status as collateral removed:
| Instance | Asset |
|---|---|
| Optimism | LINK |
| Optimism | AAVE |
| Optimism | OP |
| Optimism | rETH |
| Optimism | USDC.e |
| Optimism | sUDC |
| Gnosis | sDAI |
| Metis | mUSDC |
| Metis | mUSDT |
The following asset got their status as borrowable asset removed:
| Instance | Asset |
|---|---|
| Optimism | USDC.e |
| Optimism | wstETH |
| Optimism | LINK |
| Optimism | LUSD |
| Optimism | OP |
| Optimism | rETH |
| Gnosis | wstETH |
| Gnosis | WETH |
| Scroll | wstETH |
| Scroll | weETH |
| Scroll | SCR |
| Celo | Celo |
| Metis | mDAI |
| Metis | WETH |
Disclaimer
Chaos Labs requested disabling Optimism sUSD as collateral, but it was already disabled.
References
- Implementation: AaveV3Optimism, AaveV3Metis, AaveV3Gnosis, AaveV3Scroll, AaveV3Celo
- Tests: AaveV3Optimism, AaveV3Metis, AaveV3Gnosis, AaveV3Scroll, AaveV3Celo
- Snapshot: Direct-to-AIP
- Discussion
Copyright
Copyright and related rights waived via CC0.
03Mismatch analysis
A calldata-vs-description analysis is not generated yet. Review the decoded actions →
04Actions
This proposal carries no on-chain actions.
05Tally
Summed from votes
06Voters
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07Forum
No forum thread is confidently linked to this proposal.
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