# \[ARFC\] Onboard osGNO to Aave v3 Gnosis

**URL:** <https://governance.aave.com/t/arfc-onboard-osgno-to-aave-v3-gnosis/18575>\
**Category:** Governance\
**Created:** [August 8, 2024, 7:04am UTC](https://governance.aave.com/t/arfc-onboard-osgno-to-aave-v3-gnosis/18575 "2024-08-08T07:04:31Z")\
**Posts on this page:** 1\
**Showing post:** 2

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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:** [August 9, 2024, 4:27pm UTC](https://governance.aave.com/t/arfc-onboard-osgno-to-aave-v3-gnosis/18575/2 "2024-08-09T16:27:51Z")

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LlamaRisk believes onboarding osGNO to Aave V3 on Gnosis to be premature.

GNO itself is still in _Isolation mode_, the removal from which has traditionally predated any onboarding of derivative liquid staked tokens. This has been the case with [slisBNB](https://governance.aave.com/t/arfc-onboard-slisbnb-to-aave-v3-on-bnb-chain/18378/3) and [artMetis](https://governance.aave.com/t/temp-check-onboard-artmetis-to-aave-v3-on-metis-market/17879), who were onboarded after respective underlying assets.

In addition, osGNO is a new asset with a sub $2M market capitalization. GnosisScan reports [20 holders](https://https://gnosisscan.io/token/0xf490c80aae5f2616d3e3bda2483e30c4cb21d1a0#balances)with more than one osGNO and over 80% of the supply is [held in just one DEX pool](https://gnosisscan.io/token/0xf490c80aae5f2616d3e3bda2483e30c4cb21d1a0?a=0xba12222222228d8ba445958a75a0704d566bf2c8). Indeed, the asset is so new Stakewise (the developer of osGNO) documentation [itself omits to mention the asset.](https://docs.stakewise.io/?q=osgno)

Considering this and the previous point, we suggest revisiting osGNO’s onboarding later.

Nevertheless, in the spirit of preparedness, we are working on a full collateral suitability report for GNO and a provisional overview of osGNO. This should assist DAO efforts to remove GNO from isolation should a proposal on this topic come forward. [There is evidence of good demand for GNO on Aave](https://governance.aave.com/t/arfc-chaos-labs-risk-stewards-increase-supply-and-borrow-caps-on-aave-v3-08-09-2024/18585), so removing it from Isolation Mode may establish a clearer path for our support for osGNO’s onboarding and make good business sense.

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_[View the full topic](https://governance.aave.com/t/arfc-onboard-osgno-to-aave-v3-gnosis/18575)._