[ARFC] - Remove ARB from Isolation mode on Arbitrum Market
Title: [ARFC] - Remove ARB from Isolation mode on Arbitrum Market Authors: @karpatkey_TokenLogic Date: 2024-02-21
Summary
This publication proposes disabling Isolation Mode for ARB on Aave v3 Arbitrum.
Motivation
Since the ARB airdrop, April 2023, the Arbitrum ecosystem has experienced exponential like growth and the ARB liquidity has improved significantly.
With the support of the Risk Service providers, this proposal is to disable Isolation Mode and enable ARB to be used in combination with other assets as collateral.
Specification:
Ticker: ARB Contract Adress: 0x912CE59144191C1204E64559FE8253a0e49E6548 Chainlink Oracle: 0xb2A824043730FE05F3DA2efaFa1CBbe83fa548D6
This will remove ARB from isolation mode, keeping the current risk parameters.
Next Steps
If consensus on ARFC stage is reached and risk service providers provide feedback on risk parameters, escalate to ARFC snapshot stage. If ARFC snapshot stage outcome is YAE, escalate to AIP stage
Disclaimer
TokenLogic and karpatkey receive no payment for this proposal. TokenLogic and karpatkey are both delegates within the Aave community.
Copyright:
Copyright and related rights waived via CC0.
Off-Chain Vote
YAE
475.72K AAVE100%
NAY
1.35 AAVE0%
ABSTAIN
0.47 AAVE0%
Timeline
Mar 13, 2024Proposal created
Mar 14, 2024Proposal vote started
Mar 17, 2024Proposal vote ended
Feb 05, 2026Proposal updated