KVORUM
aaveSource: Aave governor v2 · #273

add ARB to Aave V3 Arbitrum Pool

executedJul 16, 2023, 06:24 AM UTCby320x329c…3ed4

01Summary

AISummary by Kvorumclaude-haiku-4-5

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
Contracts0x912CE59144191C1204E64559FE8253a0e49E65480xd1b3e25fd7c8ae7caddc6f71b461b79cd4ddcfa3
Generated by Kvorum
model: claude-haiku-4-5
provider: anthropic
profile: anthropic-fast-v1
prompt: v1.0
generated: 2mo ago
Read the description ↗

02Description

243 words

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

ParameterValue
Isolation ModeYes
BorrowableYes
Collateral EnabledYes
Supply Cap (ARB)20M
Borrow Cap (ARB)16.5M
Debt Ceiling$14M
LTV50.00%
LT60.00%
Liquidation Bonus10.00%
Liquidation Protocol Fee10.00%
Reserve Factor20.00%
Variable Base0.00%
Variable Slope17.00%
Variable Slope2300.00%
Uoptimal45%
Stable BorrowingDisabled

References

Copyright

Copyright and related rights waived via CC0.

03Mismatch analysis

AIMismatch analysis by Kvorumlow confidenceclaude-sonnet-5
Consistent

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
model: claude-sonnet-5
provider: anthropic
profile: anthropic-strong-v1
prompt: v1.0
generated: 2mo ago
Review the decoded actions ↗

04Actions

1 total
#0execute(address)chain 0x1
Target
0xd1b3…cfa3
Value
0 wei
Function
execute(address)
Arguments
{
  "0": "0xBF990C93A395F91cE769F2a4df78C0DDEF038Bc5"
}
Calldata

05Tally

Summed from votes

Voters28
VP participating723.1K
Outcome (current)For
Current support100%

06Voters

28 total
Filter:
VoterChoice% of totalRationale
320x329c…3ed4For242.9K33.59%—3y ago
070x0703…961bFor109.3K15.12%—3y ago
730x732a…b848For106.4K14.72%—3y ago
130x13bd…8548For82.2K11.37%—3y ago
850x8556…ab0bFor69K9.54%—3y ago
E40xe459…e666For51.9K7.18%—3y ago
B90xb933…8dd1For42K5.81%—3y ago
EA0xea17…6676For15.3K2.11%—3y ago
180x1855…98baFor3K0.41%—3y ago
A00xa06c…61f7For604.60.08%—3y ago
050x0527…8469For4030.06%—3y ago
DF0xdf06…4977For27.30.00%—3y ago
F10xf13c…6dd3For9.90.00%—3y ago
A00xa0ef…2d56For8.80.00%—3y ago
B90xb9cd…c8c8For1.80.00%—3y ago
C60xc657…18ebFor1.20.00%—3y ago
8B0x8bc8…7276For1.20.00%—3y ago
4F0x4f49…95ccFor1.10.00%—3y ago
360x360b…8cb7For0.70.00%—3y ago
EC0xec0e…2251For0.40.00%—3y ago
7A0x7a01…2c4bFor0.30.00%—3y ago
8B0x8bbf…372fFor0.20.00%—3y ago
550x5587…e867For0.20.00%—3y ago
230x23c1…7874For0.20.00%—3y ago
500x50d2…5318For0.10.00%—3y ago
340x3496…126bFor0.10.00%—3y ago
D20xd25c…03cfFor0.10.00%—3y ago
6C0x6c3f…e363For00.00%—3y ago
Showing 28

07Forum

No forum thread is confidently linked to this proposal.