[AAVE] Add rlUSD to Core Instance

Voting ended 11 months agoSucceeded

Simple Summary

This AIP seeks governance approval to onboard Ripple’s rlUSD stablecoin to the Core instance of Aave v3 on Ethereum.

rlUSD is Ripple's stablecoin it's onboarding in the Aave ecosystem is a strategic growth opportunity to reach new audiences.

The table below illustrates the configured risk parameters for RLUSD

| Parameter | Value | |

| --: | | Isolation Mode | false | | Borrowable | ENABLED | | Collateral Enabled | true | | Supply Cap (RLUSD) | 50,000,000 | | Borrow Cap (RLUSD) | 5,000,000 | | Debt Ceiling | USD 0 | | LTV | 0 % | | LT | 0 % | | Liquidation Bonus | 0 % | | Liquidation Protocol Fee | 0 % | | Reserve Factor | 10 % | | Base Variable Borrow Rate | 0 % | | Variable Slope 1 | 6.5 % | | Variable Slope 2 | 50 % | | Uoptimal | 80 % | | Flashloanable | ENABLED | | Siloed Borrowing | DISABLED | | Borrowable in Isolation | DISABLED | | Oracle | 0xf0eaC18E908B34770FDEe46d069c846bDa866759 |

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

YAE

140 HVAXVC76.9%

NAY

42 HVAXVC23.1%

Quorum:18200%

Apr 16, 2025Proposal created

Apr 17, 2025Proposal vote started

Apr 19, 2025Proposal vote ended

Mar 26, 2026Proposal updated

Specification

The table below illustrates the configured risk parameters for RLUSD

| Parameter | Value | |

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