Thanks @gandalfthebrown for the post!
With V3 finally live on Ethereum, it’s great to see the discussion around portals pick up again.
Given the Hashflow/Wormhole infrastructure combination has been live and working great for a considerable period of time, we are in support of this proposal!
The no-slippage benefit of utilizing an RFQ model over an AMM is a big plus for UX on Aave; the 3bp fee is fair and the 50% revenue split is a nice way to align incentives.
We just had one question regarding the minting caps, is there a reason why USDC < USDT? We would be in favour of bumping USDC up to $1M given it can be used as collateral on both Arbitrum and Ethereum. Adding to this, USDT on Ethereum V3 cannot be used as collateral and on Arbitrum it can only be used in isolation mode.
Thanks!
Disclaimer: Wintermute is an investor in Hashflow and facilitates RFQs on the platform.