LBS Blockchain Society Delegate Platform

[ARFC] Add MAI to Arbitrum Aave V3 Pool

Vote Result: YES

Rationale

It is important to increase Aave’s stablecoin diversity and increase Aave’s offering to support more volatile assets and increase revenue, backed by appropriate debt ceilings and borrow and supply caps enabled by v3. Moreover, Chaos Labs supports the proposal and initial parameters are relatively conservative. A potential point of concern is that MAI is a low market cap asset that could prove to be volatile and subject to price manipulation and attacks. This, however, is mitigated by the relatively conservative risk parameters set.

Therefore, we will vote YES in favour of this proposal.