We are aligned with the analysis provided by @LlamaRisk and support the proposal to onboard USDC.e to the Gnosis deployment. We recommend aligning the risk parameters to those of other stablecoins on the Gnosis. Should the Snapshot vote to list the asset be positive, we will provide supply and borrow cap recommendations considering up to date liquidity.
| Risk Parameter | Value |
|---|---|
| Isolation Mode | No |
| Borrowable in Isolation | Yes |
| Stable Borrow | No |
| Enable Borrow | Yes |
| Enable Collateral | Yes |
| Loan To Value (LTV) | 75% |
| Liquidation Threshold | 78% |
| Liquidation Bonus | 5% |
| Reserve Factor | 10% |
| Liquidation Protocol Fee | 10% |
| Supply Cap | |
| Borrow Cap | |
| Debt Ceiling | N/A |
| Optimal | 90% |
| Base | 0% |
| Slope1 | 9% |
| Slope2 | 75% |