Revert ENJ Parameter Changes and Enable FEI as Collateral on Aave V2
Simple Summary
A proposal to revert ENJ parameter changes that were implemented by AIP 55 and to enable FEI as a collateral asset on Aave V2.
Abstract
AIP 55 intended to enable FEI as a collateral, but applied parameter changes to ENJ instead of FEI. FEI’s risk parameters were not updated, and FEI was not enabled as a collateral.
Specification
ENJ risk parameters including LTV, liquidation threshold, and liquidation bonus will be reverted to their original values before AIP 55 was executed. FEI will be enabled as collateral and its initial parameters will be an LTV of 50%, a liquidation threshold of 60%, and a liquidation bonus of 6.5%. The below table specifies the changes that this AIP will make.
Implementation
The proposal sets the LTV, liquidation threshold, and liquidation bonus by calling configureReserveAsCollateral on the LendingPoolConfigurator contract at 0x311Bb771e4F8952E6Da169b425E7e92d6Ac45756, using the address and parameters specific to each token.
Copyright
Copyright and related rights waived via CC0.
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0xc17c...C264E1 | 103,334 | YAE |
 0x990d...6BF1c2 | 99,980 | YAE |
 0xaFDA...353a6E | 93,442 | YAE |
 0xc4a9...062935 | 92,530 | YAE |
 0x1BEb...86d025 | 17,145 | YAE |
VOTE POWER
Proposal Status
- Published Onchain
0x683a...D26C02 - Wed January 26 2022, 12:06 amVoting Period Starts
- Fri January 28 2022, 11:24 pmEnd Voting Period
- Sat January 29 2022, 08:12 pmQueue Proposal
- Sun January 30 2022, 10:46 pmExecute Proposal
Current Results
1-YAE
407,890.38
2-NAY
N/A Tokens