hvax.eth

[AAVE] Add XAUt to Aave v3 Core Instance

Voting ended 7 months agoSucceeded

Simple Summary

The proposal aims to onboard Tether’s XAUt gold-denominated stablecoin, to the Aave v3 Core Instance.

Motivation

XAUt is a gold backed digital currency offered by Tether.

XAUt represents a unique opportunity to bring gold-backed assets into DeFi lending markets. Adding XAUt to Aave v3 would:

Diversify the protocol’s offerings with a historically stable store of value
Enable users to use gold-backed tokens as collateral or for lending, creating new DeFi use cases
Allow users a hedge against market volatility through exposure to physical gold
Attract traditional finance users who are familiar with gold as an asset class

The addition of XAUt aligns with Aave’s goal of expanding DeFi accessibility while maintaining strong risk management practices through the use of established, well-backed assets.

Specification

The table below illustrates the configured risk parameters for XAUt

| Parameter | Value | |

| : | | Isolation Mode | true | | Borrowable | DISABLED | | Collateral Enabled | true | | Supply Cap (XAUt) | 5,000 | | Borrow Cap (XAUt) | 1 | | Debt Ceiling | USD 3,000,000 | | LTV | 70 % | | LT | 75 % | | Liquidation Bonus | 6 % | | Liquidation Protocol Fee | 10 % | | Reserve Factor | 20 % | | Base Variable Borrow Rate | 0 % | | Variable Slope 1 | 10 % | | Variable Slope 2 | 300 % | | Uoptimal | 45 % | | Flashloanable | ENABLED | | Siloed Borrowing | DISABLED | | Borrowable in Isolation | DISABLED |

oracle details

Additionally 0xac140648435d03f784879cd789130F22Ef588Fcd has been set as the emission admin for XAUt and the corresponding aToken.

References

Copyright

https://app.aave.com/governance/v3/proposal/?proposalId=364

Off-Chain Vote

YAE

203 HVAXVC76.6%

NAY

62 HVAXVC23.4%

Quorum:26500%

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Discussion

[AAVE] Add XAUt to Aave v3 Core Instance

Timeline

Aug 26, 2025Proposal created

Aug 27, 2025Proposal vote started

Aug 29, 2025Proposal vote ended

Mar 17, 2026Proposal updated

Motivation

XAUt is a gold backed digital currency offered by Tether.

XAUt represents a unique opportunity to bring gold-backed assets into DeFi lending markets. Adding XAUt to Aave v3 would:

Diversify the protocol’s offerings with a historically stable store of value

Enable users to use gold-backed tokens as collateral or for lending, creating new DeFi use cases

Allow users a hedge against market volatility through exposure to physical gold

Attract traditional finance users who are familiar with gold as an asset class

The addition of XAUt aligns with Aave’s goal of expanding DeFi accessibility while maintaining strong risk management practices through the use of established, well-backed assets.

Specification

The table below illustrates the configured risk parameters for XAUt

| Parameter | Value | |

| : | | Isolation Mode | true | | Borrowable | DISABLED | | Collateral Enabled | true | | Supply Cap (XAUt) | 5,000 | | Borrow Cap (XAUt) | 1 | | Debt Ceiling | USD 3,000,000 | | LTV | 70 % | | LT | 75 % | | Liquidation Bonus | 6 % | | Liquidation Protocol Fee | 10 % | | Reserve Factor | 20 % | | Base Variable Borrow Rate | 0 % | | Variable Slope 1 | 10 % | | Variable Slope 2 | 300 % | | Uoptimal | 45 % | | Flashloanable | ENABLED | | Siloed Borrowing | DISABLED | | Borrowable in Isolation | DISABLED |

oracle details

Additionally 0xac140648435d03f784879cd789130F22Ef588Fcd has been set as the emission admin for XAUt and the corresponding aToken.