KVORUM
aaveSource: Aave governance v3 · #493

Onboard PT-sUSDe-22OCT2026 to Aave v3 Plasma

executedJun 19, 2026, 01:50 PM UTCby660x66a2…73ff

01Summary

AISummary by Kvorumclaude-haiku-4-5

Onboard PT-sUSDe-22OCT2026 (a Pendle Finance yield token expiring October 22, 2026) to Aave V3 Plasma as collateral only, with a 150M supply cap, configured with specific risk parameters including 87.71% LTV in PT-sUSDe E-Mode and 90.35% LTV in PT-sUSDe USDe E-Mode, serving as a rollover destination for expiring PT-sUSDe-18JUN2026 holders.

Type
protocol addition

Key changes

  • Add PT-sUSDe-22OCT2026 as collateral-only asset with 150M supply cap on Aave V3 Plasma(high)
  • Configure asset with 0% LTV and LT for standard mode (isolation mode behavior)(high)
  • Enable asset in two E-Mode categories: PT-sUSDe Stablecoins (87.71% LTV) and PT-sUSDe USDe (90.35% LTV)(high)
  • Set 45% reserve factor and implement linear discount rate oracle with 4.37% initial and 12.27% max discount rates(medium)
  • Disable borrowing and flash loans for the asset(medium)

Notable concerns

  • Asset has zero LTV in standard mode, restricting use cases outside E-Mode
  • Borrow cap set to 1 (effectively disabled) despite non-zero borrow rate parameters configured
  • Asset is yield-bearing with maturity date (October 22, 2026), requiring user awareness of expiration
ContractsAaveV3Plasma
Generated by Kvorum
model: claude-haiku-4-5
provider: anthropic
profile: anthropic-fast-v1
prompt: v1.0
generated: 2mo ago
Read the description ↗

02Description

390 words

Simple Summary

This proposal seeks to onboard PT-sUSDe-22OCT2026 to the Aave V3 Plasma Instance.

Motivation

Given the established adoption of PT-sUSDe collateral on Aave and the upcoming expiry of PT-sUSDe-18JUN2026, this listing provides a natural rollover destination for existing users.

Specification

The table below illustrates the configured risk parameters for PT-sUSDE-22OCT2026

ParameterValue
BorrowableDISABLED
Collateral Enabledtrue
Supply Cap (PT-sUSDE-22OCT2026)150,000,000
Borrow Cap (PT-sUSDE-22OCT2026)1
LTV0 %
LT0 %
Liquidation Bonus0 %
Liquidation Protocol Fee10 %
Reserve Factor45 %
Base Variable Borrow Rate0 %
Variable Slope 110 %
Variable Slope 2300 %
Uoptimal45 %
FlashloanableDISABLED
Oracle0x9c823f4e19ef68347810a9c139619273b8282b7e

PT-sUSDe Stablecoins E-Mode

AssetPT-sUSDe-22OCT2026sUSDeUSDT0USDeGHO
CollateralYesYesNoNoNo
BorrowableNoNoYesYesYes
LTV87.71%87.71%---
LT89.71%89.71%---
Liquidation Bonus4.87%4.87%---

PT-sUSDe USDe E-Mode

AssetPT-sUSDe-22OCT2026sUSDeUSDe
CollateralYesYesNo
BorrowableNoNoYes
LTV90.35%90.35%-
LT92.35%92.35%-
Liquidation Bonus1.87%1.87%-

Pricing PT-sUSDe-22OCT2026 is done with the same dynamic linear discount rate oracle already used for the other sUSDe maturities on Plasma.

Linear Discount Rate Oracle

ParameterValue
initialDiscountRatePerYear4.37%
maxDiscountRatePerYear12.27%

References

Copyright

Copyright and related rights waived via CC0.

03Mismatch analysis

AIMismatch analysis by Kvorum

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04Actions

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05Tally

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Outcome (current)—
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06Voters

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07Forum

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