-
Notifications
You must be signed in to change notification settings - Fork 221
Commit
This commit does not belong to any branch on this repository, and may belong to a fork outside of the repository.
- Loading branch information
1 parent
59a2c32
commit 312080e
Showing
1 changed file
with
26 additions
and
0 deletions.
There are no files selected for viewing
This file contains bidirectional Unicode text that may be interpreted or compiled differently than what appears below. To review, open the file in an editor that reveals hidden Unicode characters.
Learn more about bidirectional Unicode characters
Original file line number | Diff line number | Diff line change |
---|---|---|
@@ -0,0 +1,26 @@ | ||
--- | ||
sccp: 338 | ||
title: Set Arbitrum Yield-Generating Asset LP & Issuance Variables | ||
network: Arbitrum | ||
status: Draft | ||
type: Governance | ||
author: Matt, DSacks | ||
--- | ||
# Simple Summary | ||
This SCCP proposes to configure the LP & issuance caps for Arbitrum as the system prepares to support yield-generating collateral from AAVE stata tokens, Lido-wrapped staked ETH, and Etherfi’s LRT. | ||
# Abstract | ||
The parameters configurations description is as follows. EST USD values updated as of June 10th, 2024: | ||
|
||
| Asset | Token | Maximum LP Amount (Native Units) | Maximum LP Amount (USD) | TVL on Platform | Issuance Ratio | Liquidation Ratio | | ||
|:---------------------------:|:------:|:--------------------------------:|:-----------------------:|:--------------------------------------------------------------------:|:--------------:|:-----------------:| | ||
| LIDO ARB Wrapped Staked ETH | wsteth | 1354 | ~$5,000,000 | $187m on AAVE + 21m DEX Liquidity + Majority of liquidity on Mainnet | 200% | 135% | | ||
| Aave Arbitrum wBTC | aWBTC | 143 | ~$10,000,000 | $297,000,000 on AAVE | 200% | 135% | | ||
| Aave Arbitrum ETH | aETH | 2,709 | ~$10,000,000 | $370,000,000 on AAVE | 200% | 135% | | ||
| Aave Arbitrum USDT | aUSDT | 5,000,000 | $5,000,000 | $65,000,000 on AAVE | 130% | 105% | | ||
| EtherFi Arbitrum wEETH | wEETH | 261 | ~$1,000,000 | $276m on AAVE + 13m DEX Liquidity + Majority of liquidity on Mainnet | 250% | 150% | | ||
|
||
# Motivation | ||
The Arbitrum deployment is ready to be configured for yield generating collateral types as defined by [SIP-388](https://sips.synthetix.io/sips/sip-388/) & [SIP-389](https://sips.synthetix.io/sips/sip-389/). | ||
# Copyright | ||
Copyright and related rights waived via [CC0](https://creativecommons.org/publicdomain/zero/1.0/). | ||
|