title: [ARFC] Onboard Native USDC to Aave V3 Optimism Market
author: @marczeller - Aave Chan Initiative
This ARFC proposes integrating native USDC into the Aave V3 pool on Optimism, positioning it as the primary stablecoin version over the bridged USDC.e.
With the evolution of L2 networks, adopting native USDC versions becomes vital for efficiency. This proposal seeks a balanced transition from USDC.e to native USDC on Optimism, drawing from similar successful integrations on other networks.
- Token Symbol: USDC
- Token Address: 0x0b2C639c533813f4Aa9D7837CAf62653d097Ff85
- Supply Cap:
- USDC: 150M
- USDC.e: 25M
- Borrow Cap:
- USDC: 100M
- USDC.e: 20M
- Reserve Factor (RF):
- USDC.e: Increase to 20% to incentivize native USDC usage.
All other risk parameters for native USDC will mirror those of USDC.e.
- Community feedback and gather consensus
- Proceed to ARFC snapshot stage.
- If successful, escalate to AIP stage.
This proposal is powered by Skyward, The Aave Chan Initiative (ACI) is not compensated in any form by Circle, Optimism, or any affiliated entities for creating this ARFC proposal.
Copyright and related rights waived via CC0.