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Aave DAOAave DAOby0xd200790f62c8da69973e61d4936cfE4f356ccD070xd200…cD07

Should Aave onboard Wrapped UST as a borrow-only asset?

Voting ended about 4 years agoSucceeded

This vote is to determine whether the Aave community wants to onboard Terra UST as a borrow-only asset to keep the risk to the protocol minimized.

Discussion / poll: https://governance.aave.com/t/arc-add-ust-as-a-borrowable-asset/6737

Sentiment from the forum poll indicates the community wants to onboard UST as a borrow-only asset. Following up with a snapshot vote to confirm before proceeding to an AIP.

I am proposing we start UST with the same reward emission rate as USDP - a small cap stablecoin in borrow-only mode. Alternatively it can be onboarded without rewards.

Off-Chain Vote

Yes, WITH stkAAVE rewards
1.6K 0.5%
Yes, WITHOUT stkAAVE rewards
326.12K 99.5%
No
54.68 0%
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Timeline

Jan 07, 2022Proposal created
Jan 07, 2022Proposal vote started
Jan 13, 2022Proposal vote ended
Oct 26, 2023Proposal updated