Lower TUSD LT and LTV on Aave V2
01Summary
Proposal to reduce TUSD risk parameters on Aave V2 Ethereum by lowering Loan-to-Value (LTV) to 75% and Liquidation Threshold (LT) to 77.5%, addressing concerns about TUSD's counterparty risk.
- Type
- parameter change
Key changes
- Lower TUSD Loan-to-Value (LTV) parameter to 75%(high)
- Lower TUSD Liquidation Threshold (LT) parameter to 77.5%(high)
- TUSD Reserve Factor remains at 105% (10500 basis points)(medium)
Notable concerns
- Proposal addresses community concerns regarding TUSD counterparty risk through parameter reduction
Generated by Kvorum
02Description
Summary
A proposal to lower the LT of TUSD to 77.5% and LTV to 75% on Aave V2 on Ethereum.
Motivation
If the community views TUSD as having excess counterparty risk, this is a proposal to lower the LT and LTV of TUSD.
Specification
Lower the LT of TUSD to 77.5% and LTV to 75% on Aave V2 on Ethereum.
Implementation
The proposal implements changes on LT and LTV of TUSD on Aave V2 on Ethereum using the configureReserveAsCollateral method on the LendingPoolConfigurator.
Copyright
Copyright and related rights waived via CC0.
By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.network/tos. This message is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation for any security, nor does it constitute an offer to provide investment advisory or other services by Gauntlet Networks Inc. No reference to any specific security constitutes a recommendation to buy, sell or hold that security or any other security. Nothing in this report shall be considered a solicitation or offer to buy or sell any security, future, option or other financial instrument or to offer or provide any investment advice or service to any person in any jurisdiction. Nothing contained in this report constitutes investment advice or offers any opinion with respect to the suitability of any security, and the views expressed in this report should not be taken as advice to buy, sell or hold any security. The information in this report should not be relied upon for the purpose of investing. In preparing the information contained in this report, we have not taken into account the investment needs, objectives and financial circumstances of any particular investor. This information has no regard to the specific investment objectives, financial situation and particular needs of any specific recipient of this information and investments discussed may not be suitable for all investors. Any views expressed in this report by us were prepared based upon the information available to us at the time such views were written. Changed or additional information could cause such views to change. All information is subject to possible correction. Information may quickly become unreliable for various reasons, including changes in market conditions or economic circumstances.
03Mismatch analysis
The proposal claims to lower TUSD's Loan-to-Value to 75% and Liquidation Threshold to 77.5% on Aave V2 Ethereum via configureReserveAsCollateral on the LendingPoolConfigurator. The single decoded action targets the LendingPoolConfigurator, calls configureReserveAsCollateral with the TUSD asset address, LTV=7500 (75%), and LT=7750 (77.5%), exactly matching the described values after basis-point conversion. The function also requires a liquidation bonus parameter (10500, i.e., 105%/5% bonus) which is not mentioned in the prose, but this is a standard, unavoidable parameter of this risk-parameter update function and is not itself the subject of the proposal's claims - it does not contradict any stated value and is consistent with routine risk-parameter update mechanics for Aave. No target mismatches, value mismatches, or omitted material actions were found. Confidence is high given the precise numerical match between prose percentages and calldata basis points.
Generated by Kvorum
04Actions
- Target
- 0x311b…5756
- Value
- 0 wei
- Function
- configureReserveAsCollateral(address,uint256,uint256,uint256)
- Arguments
{ "0": "0x0000000000085d4780B73119b644AE5ecd22b376", "1": "7500", "2": "7750", "3": "10500" }- Calldata
05Tally
Summed from votes
06Voters
| Voter | Choice | % of total | Rationale | ||
|---|---|---|---|---|---|
| 320x329c…3ed4 | For | 232.9K | 48.36% | — | 3y ago |
| 130x13bd…8548 | For | 81.8K | 16.98% | — | 3y ago |
| B80xb83b…cf5c | For | 81.4K | 16.90% | — | 3y ago |
| B90xb933…8dd1 | For | 41.7K | 8.65% | — | 3y ago |
| E40xe459…e666 | For | 40K | 8.31% | — | 3y ago |
| 180x1855…98ba | For | 3K | 0.62% | — | 3y ago |
| A00xa06c…61f7 | For | 604.6 | 0.13% | — | 3y ago |
| EA0xea17…6676 | For | 238.4 | 0.05% | — | 3y ago |
| A40xa42b…8240 | For | 2.1 | 0.00% | — | 3y ago |
| C60xc657…18eb | For | 1.2 | 0.00% | — | 3y ago |
| D10xd11e…f669 | For | 1.2 | 0.00% | — | 3y ago |
| 8C0x8c80…588e | For | 1 | 0.00% | — | 3y ago |
| 1A0x1a23…09fb | For | 1 | 0.00% | — | 3y ago |
| 640x64c4…9c5d | For | 0.7 | 0.00% | — | 3y ago |
| 2D0x2d8d…edb3 | For | 0.4 | 0.00% | — | 3y ago |
| 820x8258…f331 | For | 0.3 | 0.00% | — | 3y ago |
| 110x11ff…0347 | For | 0.2 | 0.00% | — | 3y ago |
| 650x65c4…8793 | For | 0.1 | 0.00% | — | 3y ago |
| 0B0x0bb3…69ad | For | 0.1 | 0.00% | — | 3y ago |
| CF0xcfbf…a4ee | For | 0.1 | 0.00% | — | 3y ago |
| 930x9340…e58f | For | 0 | 0.00% | — | 3y ago |
| BD0xbdbc…5dfe | For | 0 | 0.00% | — | 3y ago |
| 6E0x6e6c…9939 | For | 0 | 0.00% | — | 3y ago |
| AF0xaf60…9b92 | For | 0 | 0.00% | — | 3y ago |
| 340x3486…e8de | For | 0 | 0.00% | — | 3y ago |
| 4D0x4df1…32d2 | For | 0 | 0.00% | — | 3y ago |
| 730x73c0…36b4 | For | 0 | 0.00% | — | 3y ago |
| 790x7908…58c0 | For | 0 | 0.00% | — | 3y ago |
07Forum
No forum thread is confidently linked to this proposal.
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