# \[ARFC\] Add bCSPX to Aave V3 Gnosis Instance

**URL:** <https://governance.aave.com/t/arfc-add-bcspx-to-aave-v3-gnosis-instance/21113>\
**Category:** New Asset\
**Created:** [February 17, 2025, 7:37am UTC](https://governance.aave.com/t/arfc-add-bcspx-to-aave-v3-gnosis-instance/21113 "2025-02-17T07:37:42Z")\
**Posts on this page:** 1\
**Showing post:** 10

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**Author:** ![LlamaRisk](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/llamarisk/32/12865_2.png) [@LlamaRisk](https://governance.aave.com/u/LlamaRisk)\
**Post date:** [February 25, 2025, 8:57pm UTC](https://governance.aave.com/t/arfc-add-bcspx-to-aave-v3-gnosis-instance/21113/10 "2025-02-25T20:57:36Z")

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Having initially noted concerns about the pricing approach for this asset and following discussions with Chaos Labs, we agree that using a SPY/USD feed currently represents the best solution. We recognize that a properly implemented PoR could help mitigate exposure to bad debt in cases of insolvency. The natural discount between CSPX and SPY and the proposed LTV and LT values provides a significant buffer that adequately addresses potential risks.

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_[View the full topic](https://governance.aave.com/t/arfc-add-bcspx-to-aave-v3-gnosis-instance/21113)._