Create 330.md (#1964)

content/sccp/330.md

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+---
+sccp: 330
+title: StataUSDC 5m LP cap
+network: Base 
+author: Matt
+status: Draft
+type: Governance
+created: 2024-05-10
+---
+
+## Simple Summary
+
+Increase the maximum amount of stataUSDC collateral that can be provided to Base Andromeda to 5 million stataUSDC.
+
+## Abstract
+
+Increase the maximum stataUSDC LP cap to 5m stataUSDC by setting
+
+* setPoolCollateralConfiguration(uint128,address,(uint256,uint256)) = [1, 0x4EA71A20e655794051D1eE8b6e4A3269B13ccaCc, 5000000000000000000000,0] 
+
+## Motivation
+
+The original SIP approving stataUSDC didn't establish a cap for stataUSDC in its native collateral type. This SCCP sets the collateral cap at 5 million stataUSDC, which, at the current unwrap rate from AAVE, equals approximately 5.1 million USDC. 
+
+The value of stataUSDC will progressively increase in exchange rate to USDC as AAVE interest rates continue to accrue, with the current AAVE rate on Base being around 5% per year. This means that while 5 million stataUSDC is equivalent to about 5.1 million USDC today, it will be slightly more in the future.
+## Copyright
+
+Copyright and related rights waived via [CC0](https://creativecommons.org/publicdomain/zero/1.0/).