LBS Blockchain Society Delegate Platform

[ARFC] Add LUSD to Optimism V3 Market

Vote Result: YES

Rationale

We support this proposal to onboard LUSD to Optimism V3. LUSD is a decentralised stablecoin issued by Liquity, a lending protocol enabling borrowing against Ethereum with 0% interest (with proceeds paid out as LUSD). Given the high-quality collateral base and technical construction, we see limited centralisation / operational risk in this stablecoin. Moreover, Optimism is a growing L2 ecosystem on which many other blue-chip DeFi protocols have already deployed. Given the proposed risk parameters, we support onboarding this collateral to enable a new revenue stream for Aave.