[TEMP CHECK] Onboard tUSDe December expiry PT tokens on Aave V3 Core

[TEMP CHECK] Onboard tUSDe December expiry PT tokens on Aave V3 Core Instance

Author: ACI

Date: 2025-08-08

Summary

This ARFC proposes to onboard tUSDe December expiry PT tokens on Aave V3 Core Instance.

Motivation

As PT tokens have proven to be a significant growth vector for Aave in recent months, we propose onboarding tUSDe December expiry PT token. This PT token is particularly attractive as the underlying is USDe, allowing for the deep USDe borrow liquidity on Aave to be made use of. In addition, the September expiry has extremely deep liquidity as a ratio of its marketcap which we expect to also be true of the December expiry, this should allow for rapid deposit cap increases as demand scales on Aave.

In an effort to be prepared for onboarding soon after launch and taking into account time needed for due diligence for new Aave assets, we are initiating this onboarding process now.

Specification

Contract address will be updated once the December expiry is live.

Risk Parameters

Risk parameters will be provided by Risk Service Providers in the ARFC and will be updated accordingly.

Useful Links

https://docs.pendle.finance/ProtocolMechanics/YieldTokenization/PT

[TEMP CHECK] Onboard Pendle PT tokens to Aave V3 Core Instance 

Disclaimer

ACI is not directly affiliated with Pendle and did not receive compensation for creating this proposal. Some ACI employees may hold Pendle tokens.

Next Steps

1. Period of discussion on this TEMP CHECK.
2. TEMP CHECK Snapshot vote for this proposal.
3. If TEMP CHECK is a YAE, publish a standard ARFC, collect community & service providers feedback before escalating proposal to ARFC snapshot stage.
4. If the ARFC snapshot outcome is YAE, publish an AIP vote for final confirmation and enforcement of the proposal.

Copyright

Copyright and related rights waived under CCO