add ARB to Aave V3 Arbitrum Pool
01Summary
This AIP proposes adding ARB (Arbitrum's governance token) to the Aave V3 Arbitrum Pool with comprehensive risk parameters including a 20M ARB supply cap, 16.5M borrow cap, 50% LTV, and isolation mode enabled. The addition aims to increase TVL, user experience, and revenue opportunities while enabling borrowing of the governance token and aligning Aave with the Arbitrum ecosystem.
- Type
- protocol addition
Key changes
- Add ARB token to Aave V3 Arbitrum Pool with collateral and borrowing enabled(high)
- Set supply cap at 20M ARB and borrow cap at 16.5M ARB(high)
- Configure risk parameters including 50% LTV, 60% liquidation threshold, and 10% liquidation bonus(high)
- Enable isolation mode for ARB token(medium)
- Disable stable borrowing for ARB(medium)
- Set debt ceiling at $14M USD(medium)
Notable concerns
- High variable slope2 rate of 300% may create significant borrowing costs at high utilization
- Supply and borrow caps constrain maximum ARB exposure in the protocol
Generated by Kvorum
02Description
Simple Summary
this AIP proposes to add ARB to the Aave V3 Arbitrum Pool
Motivation
Adding support for ARB in Arbitrum v3 pools adds greater TVL and user experience to the increasingly popular Aave v3 Arbitrum market - and additional revenue opportunities for Aave.
By enabling borrowing, it allows users and institutions to take a unique position on this Governance token as the network matures and builds a decentralized community.
Furthermore, it more closely aligns the Aave community with Arbitrum and, by extension, Ethereum.
Additionally, it allows for creative uses of ARB received by the DAO to seed initial liquidity.
Specification
Ticker: ARB
Contract Address: 0x912CE59144191C1204E64559FE8253a0e49E6548`
Risk Parameters
| Parameter | Value |
|---|---|
| Isolation Mode | Yes |
| Borrowable | Yes |
| Collateral Enabled | Yes |
| Supply Cap (ARB) | 20M |
| Borrow Cap (ARB) | 16.5M |
| Debt Ceiling | $14M |
| LTV | 50.00% |
| LT | 60.00% |
| Liquidation Bonus | 10.00% |
| Liquidation Protocol Fee | 10.00% |
| Reserve Factor | 20.00% |
| Variable Base | 0.00% |
| Variable Slope1 | 7.00% |
| Variable Slope2 | 300.00% |
| Uoptimal | 45% |
| Stable Borrowing | Disabled |
References
- Implementation: Arbitrum
- Tests: Arbitrum
- Snapshot
- ARFC Discussion
- TEMP CHECK Discussion
Copyright
Copyright and related rights waived via CC0.
03Mismatch analysis
The proposal follows Aave's standard cross-chain governance pattern: the only decoded on-chain action is a generic execute(address) call that forwards execution to a payload contract deployed on Arbitrum (referenced in the proposal's 'Implementation' link). This is boilerplate for Aave AIPs that configure L2 markets — the mainnet transaction itself never contains the granular risk parameters (supply cap, LTV, interest rate curve, etc.) described in the prose, because those are encoded inside the target payload contract's own logic, which is not present in the decoded calldata provided here. Because we only have this single opaque execute() call and not the decoded internals of the Arbitrum payload, we cannot directly verify or refute the specific numeric risk parameters (LTV 50%, LT 60%, caps, etc.) claimed in the description. Nothing in the visible calldata contradicts the description, and the pattern (execute→payload) is exactly what one would expect for this type of proposal, so there is no evidence of a discrepancy. However, confidence is low because the actual listing parameters are not independently verifiable from the calldata shown — a full audit would need the decoded internals of the target payload contract to confirm parameter-level accuracy from the on-chain configuration.
Generated by Kvorum
04Actions
- Target
- 0xd1b3…cfa3
- Value
- 0 wei
- Function
- execute(address)
- Arguments
{ "0": "0xBF990C93A395F91cE769F2a4df78C0DDEF038Bc5" }- Calldata
05Tally
Summed from votes
06Voters
| Voter | Choice | % of total | Rationale | ||
|---|---|---|---|---|---|
| 320x329c…3ed4 | For | 242.9K | 33.59% | — | 3y ago |
| 070x0703…961b | For | 109.3K | 15.12% | — | 3y ago |
| 730x732a…b848 | For | 106.4K | 14.72% | — | 3y ago |
| 130x13bd…8548 | For | 82.2K | 11.37% | — | 3y ago |
| 850x8556…ab0b | For | 69K | 9.54% | — | 3y ago |
| E40xe459…e666 | For | 51.9K | 7.18% | — | 3y ago |
| B90xb933…8dd1 | For | 42K | 5.81% | — | 3y ago |
| EA0xea17…6676 | For | 15.3K | 2.11% | — | 3y ago |
| 180x1855…98ba | For | 3K | 0.41% | — | 3y ago |
| A00xa06c…61f7 | For | 604.6 | 0.08% | — | 3y ago |
| 050x0527…8469 | For | 403 | 0.06% | — | 3y ago |
| DF0xdf06…4977 | For | 27.3 | 0.00% | — | 3y ago |
| F10xf13c…6dd3 | For | 9.9 | 0.00% | — | 3y ago |
| A00xa0ef…2d56 | For | 8.8 | 0.00% | — | 3y ago |
| B90xb9cd…c8c8 | For | 1.8 | 0.00% | — | 3y ago |
| C60xc657…18eb | For | 1.2 | 0.00% | — | 3y ago |
| 8B0x8bc8…7276 | For | 1.2 | 0.00% | — | 3y ago |
| 4F0x4f49…95cc | For | 1.1 | 0.00% | — | 3y ago |
| 360x360b…8cb7 | For | 0.7 | 0.00% | — | 3y ago |
| EC0xec0e…2251 | For | 0.4 | 0.00% | — | 3y ago |
| 7A0x7a01…2c4b | For | 0.3 | 0.00% | — | 3y ago |
| 8B0x8bbf…372f | For | 0.2 | 0.00% | — | 3y ago |
| 550x5587…e867 | For | 0.2 | 0.00% | — | 3y ago |
| 230x23c1…7874 | For | 0.2 | 0.00% | — | 3y ago |
| 500x50d2…5318 | For | 0.1 | 0.00% | — | 3y ago |
| 340x3496…126b | For | 0.1 | 0.00% | — | 3y ago |
| D20xd25c…03cf | For | 0.1 | 0.00% | — | 3y ago |
| 6C0x6c3f…e363 | For | 0 | 0.00% | — | 3y ago |
07Forum
No forum thread is confidently linked to this proposal.
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