Skywards, a prominent company within the DeFi ecosystem, has put forward a proposal to integrate sUSDe, the synthetic dollar staking version of Ethena, into Aave V3 on Ethereum. This proposal is based on the consensus reached during the TEMP CHECK stage and represents a potential extension of the Aave protocol.
Skywards seeks to add sUSDe to Ethereum's Aave V3
sUSDe offers a stable crypto-native solution with lucrative revenue opportunities, making it an attractive asset for borrowers within the Aave ecosystem. The proposed contract address for sUSDe is 0x9d… and he plans to implement an oracle via CAPO to ensure a reliable price feed.
The integration's risk parameters are provided by Chaos Labs, highlighting Aave's commitment to robust risk management practices. Notably, Skywards is promoting this proposal, emphasizing community-driven decision-making and transparency in the governance process.
This proposal marks a significant step forward in expanding Aave's services and attracting a diverse range of users seeking stable, income-producing assets within the DeFi environment. As the proposal progresses, community and service provider feedback will play a key role in shaping the final decision.
If the response is positive, the proposal will proceed to the ARFC snapshot stage, followed by an AIP vote for final confirmation and enforcement. If this proposal passes the governance process of his Aave V3 on Ethereum, it could reshape the DeFi landscape.
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Proposal to add Renzo protocol’s ezETH to Aave V3
Previously, Aave said it was temporarily checking community sentiment to gauge interest in adding support for Renzo Protocol's Liquid Restaking Token (LRT) ezETH on Aave V3 Ethereum. revealed. This proposal aims to introduce new asset classes to Aave and enhance the diversity of lending and staking categories.
Liquid re-staking tokens (LRTs) have recently become very popular due to their productivity as staking assets. These tokens are highly correlated with Ethereum and are commonly used as collateral to borrow his ETH for yield leverage staking strategies, especially with the introduction of eMode.
The integration of ezETH into Aave is expected to increase the demand for ezETH and, as a result, the revenue of both Aave and Renzo protocols. Additionally, ezETH liquidity and peg stability are expected to improve. The proposal highlights key achievements related to Renzo Protocol, including total value locked ($1.9 billion), total supply (over 526,000 Renzo Ristake ETH), and 24-hour trading volume ($80.2 million). It emphasizes performance indicators (KPIs).
If consensus is reached during this temporary check, the proposal will be escalated to subsequent stages such as snapshot or ARFC before final confirmation by AIP vote. For more information and documentation, interested parties can refer to Renzo Protocol's resources, including the website, documentation, GitHub repository, audits, and Chainlink data feed.
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