# \[ARFC\] Add PYUSD to Aave v3 Ethereum Market

**URL:** <https://governance.aave.com/t/arfc-add-pyusd-to-aave-v3-ethereum-market/16218>\
**Category:** Governance\
**Created:** [January 15, 2024, 5:24pm UTC](https://governance.aave.com/t/arfc-add-pyusd-to-aave-v3-ethereum-market/16218 "2024-01-15T17:24:04Z")\
**Posts on this page:** 1\
**Showing post:** 5

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**Author:** ![Gauntlet](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/gauntlet/32/4064_2.png) [@Gauntlet](https://governance.aave.com/u/Gauntlet)\
**Post date:** [January 18, 2024, 11:35pm UTC](https://governance.aave.com/t/arfc-add-pyusd-to-aave-v3-ethereum-market/16218/5 "2024-01-18T23:35:49Z")

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We agree to support listing PYUSD to Ethereum V3 as a non-collateral asset.

#### Interest Rates

Gauntlet accepts setting Interest Rates in line with [Stablecoin IR](https://governance.aave.com/t/arfc-increase-optimal-borrow-rates-for-ethereum-stablecoin-markets/15096) and in tandem with the rest of the stablecoin assets having a slope 1 to 6%.

#### Supply and Borrow Caps

We agree with above recommendation to set Supply and Borrow caps conservatively at 10,000,000 and 9,000,000 respectively.

| Parameter | Value |
| --- | --- |
| Isolation Mode | No |
| Borrowable | Yes |
| Collateral Enabled | No |
| Supply Cap (PYUSD) | 10M |
| Borrow Cap (PYUSD) | 9M |
| Debt Ceiling | N/A |
| LTV | N/A |
| LT | N/A |
| Liquidation Bonus | N/A |
| Liquidation Protocol Fee | 10.00% |
| Variable Base | 0.00% |
| Variable Slope1 | 6.00% |
| Variable Slope2 | 80.00% |
| Uoptimal | 80.00% |
| Reserve Factor | 20.00% |
| Stable Borrowing | Disabled |
| Stable Slope1 | 13.00% |
| Stable Slope2 | 300.00% |
| Base Stable Rate Offset | 3.00% |
| Stable Rate Excess Offset | 8.00% |
| Optimal Stable To Total Debt Ratio | 20.00% |
| Flashloanable | No |
| Siloed Borrowing | No |
| Borrowed in Isolation | No |

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_[View the full topic](https://governance.aave.com/t/arfc-add-pyusd-to-aave-v3-ethereum-market/16218)._