From b3f9ba9586b2a32c2a0f0e923cc1fdcab7b67833 Mon Sep 17 00:00:00 2001 From: MattLosquadro <96675101+MattLosquadro@users.noreply.github.com> Date: Mon, 29 Jul 2024 11:04:35 -0400 Subject: [PATCH 1/5] Update sccp-338.md updated collateral types as per council feedback (remove aETH & wBTC) + updated collateral est USD values --- content/sccp/sccp-338.md | 20 +++++++++----------- 1 file changed, 9 insertions(+), 11 deletions(-) diff --git a/content/sccp/sccp-338.md b/content/sccp/sccp-338.md index ea91db078..64d0ce686 100644 --- a/content/sccp/sccp-338.md +++ b/content/sccp/sccp-338.md @@ -5,24 +5,22 @@ network: Arbitrum status: Draft type: Governance author: Matt, DSacks -proposal: >- - https://snapshot.org/#/snxgov.eth/proposal/0xba8d6e26fedc3c6b2b3fab0d6f1844f62d659d2776b9e55a78e2d2d9eed957ba --- # 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, 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% | 105% | +| EtherFi Arbitrum wEETH | wEETH | 289 | ~$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/). +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/). - From c9855dee33bee06a9c47eaefea06f3e8df89441c Mon Sep 17 00:00:00 2001 From: MattLosquadro <96675101+MattLosquadro@users.noreply.github.com> Date: Mon, 29 Jul 2024 11:12:39 -0400 Subject: [PATCH 2/5] Update sccp-338.md --- content/sccp/sccp-338.md | 4 +++- 1 file changed, 3 insertions(+), 1 deletion(-) diff --git a/content/sccp/sccp-338.md b/content/sccp/sccp-338.md index 64d0ce686..e19146f98 100644 --- a/content/sccp/sccp-338.md +++ b/content/sccp/sccp-338.md @@ -6,6 +6,7 @@ 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 USDT, Lido-wrapped staked ETH, and Etherfi's LRT. @@ -15,8 +16,9 @@ The parameters configurations description is as follows. EST USD values updated | Asset | Token | Maximum LP Amount (Native Units) | Maximum LP Amount (USD) | TVL on Platform | Issuance Ratio | Liquidation Ratio | |:---------------------------:|:------:|:--------------------------------:|:-----------------------:|:--------------------------------------------------------------------:|:--------------:|:-----------------:| | 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% | 105% | +| 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 From 6e1d42312b3d1fea18908642a465d27a38b2c131 Mon Sep 17 00:00:00 2001 From: MattLosquadro <96675101+MattLosquadro@users.noreply.github.com> Date: Mon, 29 Jul 2024 11:13:12 -0400 Subject: [PATCH 3/5] Update sccp-338.md --- content/sccp/sccp-338.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/content/sccp/sccp-338.md b/content/sccp/sccp-338.md index e19146f98..37d26c144 100644 --- a/content/sccp/sccp-338.md +++ b/content/sccp/sccp-338.md @@ -8,7 +8,7 @@ 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 USDT, 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 July 29th, 2024: From 616d771446bca6b8cdb8dbbd081005a2dc44bd26 Mon Sep 17 00:00:00 2001 From: MattLosquadro <96675101+MattLosquadro@users.noreply.github.com> Date: Mon, 29 Jul 2024 11:14:56 -0400 Subject: [PATCH 4/5] Update sccp-338.md --- content/sccp/sccp-338.md | 3 ++- 1 file changed, 2 insertions(+), 1 deletion(-) diff --git a/content/sccp/sccp-338.md b/content/sccp/sccp-338.md index 37d26c144..349531a87 100644 --- a/content/sccp/sccp-338.md +++ b/content/sccp/sccp-338.md @@ -5,8 +5,9 @@ network: Arbitrum status: Draft type: Governance author: Matt, DSacks +proposal: >- + https://snapshot.org/#/snxgov.eth/proposal/0xba8d6e26fedc3c6b2b3fab0d6f1844f62d659d2776b9e55a78e2d2d9eed957ba --- - # 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 USDT & USDC, Lido-wrapped staked ETH, and Etherfi's LRT. From 71a45abfd3dd7ec23075044290e7be8d095ac930 Mon Sep 17 00:00:00 2001 From: kaleb Date: Mon, 29 Jul 2024 17:18:52 +0200 Subject: [PATCH 5/5] fix headers --- content/sips/sip-400.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/content/sips/sip-400.md b/content/sips/sip-400.md index 9f9e824e5..e31f6e322 100644 --- a/content/sips/sip-400.md +++ b/content/sips/sip-400.md @@ -1,6 +1,6 @@ --- 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