From 0188079a32cbb1fcfafbf07fc72d63e654295e5f Mon Sep 17 00:00:00 2001
From: MattLosquadro <96675101+MattLosquadro@users.noreply.github.com>
Date: Tue, 11 Jun 2024 13:02:23 -0400
Subject: [PATCH] Create sccp-338.md (#2001)

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+---
+sccp: 338
+title: Set Arbitrum Yield-Generating Asset LP & Issuance Variables
+network: Arbitrum
+status: Draft
+type: Governance
+author: Matt, DSacks
+---
+# Simple Summary
+This SCCP proposes to configure the LP & issuance caps for Arbitrum as the system prepares to support yield-generating collateral from AAVE stata tokens, Lido-wrapped staked ETH, and Etherfi’s LRT.
+# Abstract
+The parameters configurations description is as follows. EST USD values updated as of June 10th, 2024:
+
+|            Asset            |  Token | Maximum LP Amount (Native Units) | Maximum LP Amount (USD) |                            TVL on Platform                           | Issuance Ratio | Liquidation Ratio |
+|:---------------------------:|:------:|:--------------------------------:|:-----------------------:|:--------------------------------------------------------------------:|:--------------:|:-----------------:|
+| LIDO ARB Wrapped Staked ETH | wsteth |               1354               |       ~$5,000,000       | $187m on AAVE + 21m DEX Liquidity + Majority of liquidity on Mainnet |      200%      |        135%       |
+|      Aave Arbitrum wBTC     |  aWBTC |                143               |       ~$10,000,000      |                         $297,000,000 on AAVE                         |      200%      |        135%       |
+|      Aave Arbitrum ETH      |  aETH  |               2,709              |       ~$10,000,000      |                         $370,000,000 on AAVE                         |      200%      |        135%       |
+|      Aave Arbitrum USDT     |  aUSDT |             5,000,000            |        $5,000,000       |                          $65,000,000 on AAVE                         |      130%      |        105%       |
+|    EtherFi Arbitrum wEETH   |  wEETH |                261               |       ~$1,000,000       | $276m on AAVE + 13m DEX Liquidity + Majority of liquidity on Mainnet |      250%      |        150%       |
+
+# Motivation
+The Arbitrum deployment is ready to be configured for yield generating collateral types as defined by [SIP-388](https://sips.synthetix.io/sips/sip-388/) & [SIP-389](https://sips.synthetix.io/sips/sip-389/).
+# Copyright
+Copyright and related rights waived via [CC0](https://creativecommons.org/publicdomain/zero/1.0/).
+