[NIP-32] - List a Balancer USDC/USDC.e/USDT/DAI leveraged vault (Arbitrum)

Voting ended over 2 years agoSucceeded

Summary

We propose listing a USDC Aura leveraged vault on Notional V3 Arbitrum. The vault would allow users to borrow USDC from Notional’s Arbitrum deployment at a fixed or variable rate and LP the proceeds in the Aura boosted Balancer USDC/USDC.e/USDT/DAI pool to earn yield.

Proposal

We propose listing a USDC leveraged vault using the Aura boosted Balancer USDC/USDC.e/USDT/DAI pool as a strategy. We propose listing that leveraged vault strategy with the following parameters:

Vault Parameters	Proposed Value
LiquidationRate	1.02 (2%)
MinCollateralRatioBPS	0.11
MaxDevelerageCollateralRatioBPS	0.17
MaxRequiredAccountCollateralRatioBPS	1.00
Maximum vault capacity	300,000 USDC
Minimum borrow size	5,000 USDC
feeRate5BPS	10 (50 BPS)
ReserveFeeShare	80%

Strategy Parameters	Proposed Value
maxPoolShare	20%
oraclePriceDeviationLimitPercent	1.00%

Resources

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1.04M NOTE100%

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Quorum:104%

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Discussion

[NIP-32] - List a Balancer USDC/USDC.e/USDT/DAI leveraged vault (Arbitrum)

Timeline

Dec 11, 2023Proposal created

Dec 11, 2023Proposal vote started

Dec 16, 2023Proposal vote ended

Dec 16, 2023Proposal updated