LBS Blockchain Society Delegate Platform

[ARFC] Add PYUSD to Aave v3 Ethereum Market

Vote Result: YES

Rationale

Onboarding PYUSD to Aave v3 Ethereum has multiple benefits and low risk. Building synergies between Aave and PYUSD is important given the prominence of PYUSD’s issuer, PayPal, and strengthening the relationship between PYUSD and GHO is also very important. Given the low risk of the stablecoin with its low volatility and peg holding well since its launch, combined with the pool liquidity being scaled to accommodate demand on Aave, this proposal makes sense to us. Lastly, Chaos Labs and Gauntlet are in agreement about the proposed parameters. Therefore, we will vote YES in favour of this proposal.