RIP #10 - Onboard USDe as Collateral on Radiant Capital

Abstract

This proposal seeks approval from vlRDP voters to support Radiant Capital's RFP-40, which proposes the integration of USDe (Ethena’s synthetic dollar) as a full collateral and borrow market on Radiant Capital's Ethereum and Arbitrum deployments. The approval will allow the expansion of available assets, aligning with Radiant's mission to offer a comprehensive decentralized finance platform.

Motivation

Integrating USDe into Radiant Capital’s ecosystem enhances the platform's collateral and borrowing options, supporting the growth of its DeFi services. USDe’s positive market cap, liquidity, and volatility metrics make it a robust addition. This proposal seeks to align Radpie's decisions with Radiant Capital's goals by integrating USDe, thereby promoting a diverse and stable financial ecosystem.

Specification

Vote on whether to support the integration of USDe as a full collateral and borrow market on Ethereum and Arbitrum as proposed in RFP-40.

For details, please read the original proposal RFP-40: https://dao.radiant.capital/#/proposal/0x533751448f6cd1d62fc24799fe07f061ce08152e6a970e128c63be7d3c1b9eff