AAVE

    Proposal overview

    add ARB to Aave V3 Arbitrum Pool

    Executed

    Executed on 

    Jul 17, 2023

    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.

    Your voting info

    Voting results

    YAE

    723,089

    AAVE

    100.00%

    NAY

    0

    AAVE

    0%

    Top 10 addresses

    Votes

    State
    Executed

    Executed on 

    Jul 17, 2023
    Quorum
    Reached
    Current votes

    Required

    723.08K

    320.00K

    Differential
    Reached
    Current differential

    Required

    723.08K

    80,000.00

    Total voting power

    16,000,000

    Proposal details

    Created

    Block

    12 Jul 2023, 13:04 UTC +00:00

    17677660

    Started

    Block

    13 Jul 2023, 13:25 UTC +00:00

    17684860

    Ended

    Block

    16 Jul 2023, 05:25 UTC +00:00

    17704060

    Executed

    17 Jul 2023, 06:24 UTC +00:00

    Author

    Marc Zeller (@marczeller - Aave Chan Initiative)

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