From b0d9c5102419a063eefab6a3dabad207df7851b3 Mon Sep 17 00:00:00 2001
From: Danny Sacks <danielbsacks@gmail.com>
Date: Mon, 3 Jun 2024 12:47:07 -0700
Subject: [PATCH] Create sip-389.md

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+---
+sip: 389
+title: Adding Support for Yield Tokens from Aave and Lido to Arbitrum V3 LP
+network: Arbitrum
+status: Draft
+type: Governance
+author: Danny Sacks (@dansnacks)
+created: 2024-06-03
+---
+
+## Simple Summary
+
+This SIP proposes the addition of several yield tokens as LP collateral on Arbitrum V3 deployment, including aUSDC, aETH, aWBTC, and aUSDT from Aave and wstETH from Lido.
+
+## Abstract
+
+In order to enhance the diversity of yield-generation and exposure options for LP collateral within the Synthetix ecosystem, this SIP aims to add the following yield tokens as supported collateral types for the Arbitrum V3 deployment:
+
+### Aave
+- aUSDC
+- aWBTC
+- aETH
+- aUSDT
+
+### Lido
+- wstETH
+
+## Motivation
+
+The addition of these yield tokens aims to:
+- Increase the variety of assets available to LP.
+- Attract users of different protocols to the Synthetix ecosystem.
+- Enhance the overall liquidity on Arbitrum V3 deployment.
+
+### Configurable Values
+
+Each LP parameter (LP cap, minimum minting c-ratio, liquidation ratio) will be configured via SCCP.
+
+## Copyright
+
+Copyright and related rights waived via [CC0](https://creativecommons.org/publicdomain/zero/1.0/).