Proposal Updated to integrate Risk service provider recommended parameters
Title: [ARFC] Add MAI to Arbitrum Aave V3 pool
Author: @marczeller - Aave-Chan Initiative
This proposal presents Aave with the opportunity to onboard MAI to the Arbitrum Aave V3 Market.
MAI is a decentralized stablecoin minted by the Qidao Protocol. For more details about MAI, please refer to Qidao’s official website.
Supporting stablecoin diversity is part of the Aave-Chan Initiative (ACI) delegate platform. The risk parameters provided are the same as those adopted on the Polygon PoS Aave V3 Pool.
The newly proposed risk parameters replicating the MAI parameters on Polygon V3 pool are merely suggestions to start the conversation. The ACI is inviting Risk Service Providers to provide feedback on them.
Contract Address: 0x3f56e0c36d275367b8c502090edf38289b3dea0d
|Enable Collateral||YES (in isolation mode)|
|Loan To Value||75%|
|Liquidation Protocol Fee||10%|
The ACI is not affiliated with Qidao or any other entity and has not received payment to present this ARFC.
At the time of writing, the author (@marczeller) owns QI & vQI, the native asset of the Qidao Protocol, for ~50k$. The author was not paid to publish this ARFC.
- If consensus is reached and the proposal is refined, submit the ARFC for a snapshot vote for final approval.
- If consensus is reached, submit an Aave Improvement Proposal (AIP) to onboard MAI on the Arbitrum Aave V3 pool.
Copyright and related rights waived via CC0.