LBS Blockchain Society Delegate Platform

[ARFC] Add 1INCH to Aave V3 Ethereum

Vote Result: YES

Rationale

Given that the risk parameters have been proposed by Chaos Labs, and that 1INCH is already listed on Aave v2 Ethereum, it is important to list it on v3 with the appropriate risk parameters in order to encourage migration from v2 to v3. The borrow cap seems sensible in light of the 24H trading volume of $1.6M through on-chain DEX sources. The supply cap seems high, but we recognise it reflects Chaos’ simulation data. Moreso, Chaos have confirmed that the cap was derived using Chaos’ stress testing methodology, considering the on-chain liquidity, and is also meant to allow room for migration of positions from V2. On top of this, the debt ceiling also serves to limit protocol exposure. Therefore, we will vote YES in favour of this proposal.