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Update sccp-338.md (#2050)
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* Update sccp-338.md

updated collateral types as per council feedback (remove aETH & wBTC) + updated collateral est USD values

* Update sccp-338.md

* Update sccp-338.md

* Update sccp-338.md

* fix headers

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Co-authored-by: kaleb <[email protected]>
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MattLosquadro and kaleb-keny authored Jul 29, 2024
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19 changes: 10 additions & 9 deletions content/sccp/sccp-338.md
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Expand Up @@ -9,20 +9,21 @@ proposal: >-
https://snapshot.org/#/snxgov.eth/proposal/0xba8d6e26fedc3c6b2b3fab0d6f1844f62d659d2776b9e55a78e2d2d9eed957ba
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# 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.
This SCCP proposes to configure the LP & issuance caps for Arbitrum as the system prepares to support yield-generating collateral from AAVE stata USDT & USDC, 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:
The parameters configurations description is as follows. EST USD values updated as of July 29th, 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% |
| LIDO ARB Wrapped Staked ETH | wsteth | 2564 | ~$10,000,000 | $174m on AAVE + 21m DEX Liquidity + Majority of liquidity on Mainnet | 200% | 135% |
| Aave Arbitrum USDT | aUSDT | 10,000,000 | $10,000,000 | $85,000,000 on AAVE | 130% | 110% |
| EtherFi Arbitrum wEETH | wEETH | 289 | ~$1,000,000 | $276m on AAVE + 13m DEX Liquidity + Majority of liquidity on Mainnet | 250% | 150% |
| AAVE Arbitrum USDC | stataUSDC | 10,000,000 | 10,000,000 | $264m on AAVE | 130% | 110% |


# 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/).
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.sinthetix.io/sips/sip-389/).

# Copyright
Copyright and related rights waived via [CC0](https://creativecommons.org/publicdomain/zero/1.0/).

2 changes: 1 addition & 1 deletion content/sips/sip-400.md
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sip: 400
network: Mainnet, Optimism, Base, Arbitrum
network: Ethereum, Optimism, Base & Arbitrum
title: Fix for underflow error when offchain price timestamp is bigger than current block timestamp
status: Draft
author: Noisekit
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