Aave

---

title: add ARB to Aave V3 Arbitrum Pool author: Marc Zeller (@marczeller - Aave Chan Initiative) discussions: https://governance.aave.com/t/arfc-add-arb-to-arbitrum-aave-v3/13225

Simple Summary

this AIP proposes to add ARB to the Aave V3 Arbitrum Pool

Motivation

Adding support for ARB in Arbitrum v3 pools adds greater TVL and user experience to the increasingly popular Aave v3 Arbitrum market - and additional revenue opportunities for Aave.

By enabling borrowing, it allows users and institutions to take a unique position on this Governance token as the network matures and builds a decentralized community.

Furthermore, it more closely aligns the Aave community with Arbitrum and, by extension, Ethereum.

Additionally, it allows for creative uses of ARB received by the DAO to seed initial liquidity.

Specification

Ticker: ARB

Contract Address: 0x912CE59144191C1204E64559FE8253a0e49E6548`

Risk Parameters

Parameter	Value
Isolation Mode	Yes
Borrowable	Yes
Collateral Enabled	Yes
Supply Cap (ARB)	20M
Borrow Cap (ARB)	16.5M
Debt Ceiling	$14M
LTV	50.00%
LT	60.00%
Liquidation Bonus	10.00%
Liquidation Protocol Fee	10.00%
Reserve Factor	20.00%
Variable Base	0.00%
Variable Slope1	7.00%
Variable Slope2	300.00%
Uoptimal	45%
Stable Borrowing	Disabled

References

• Implementation: Arbitrum
• Tests: Arbitrum
• Snapshot
• ARFC Discussion
• TEMP CHECK Discussion

Copyright

Copyright and related rights waived via CC0.