diff --git a/content/sccp/sccp-338.md b/content/sccp/sccp-338.md index ea91db078..64d0ce686 100644 --- a/content/sccp/sccp-338.md +++ b/content/sccp/sccp-338.md @@ -5,24 +5,22 @@ network: Arbitrum status: Draft type: Governance author: Matt, DSacks -proposal: >- - https://snapshot.org/#/snxgov.eth/proposal/0xba8d6e26fedc3c6b2b3fab0d6f1844f62d659d2776b9e55a78e2d2d9eed957ba --- # 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. +This SCCP proposes to configure the LP & issuance caps for Arbitrum as the system prepares to support yield-generating collateral from AAVE stata USDT, 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: +The parameters configurations description is as follows. EST USD values updated as of July 29th, 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% | +| LIDO ARB Wrapped Staked ETH | wsteth | 2564 | ~$10,000,000 | $174m on AAVE + 21m DEX Liquidity + Majority of liquidity on Mainnet | 200% | 135% | +| Aave Arbitrum USDT | aUSDT | 10,000,000 | $10,000,000 | $85,000,000 on AAVE | 130% | 105% | +| EtherFi Arbitrum wEETH | wEETH | 289 | ~$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/). +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.sinthetix.io/sips/sip-389/). + # Copyright Copyright and related rights waived via [CC0](https://creativecommons.org/publicdomain/zero/1.0/). -