SCCP-339: Reconfigure sUSDe Issuance Ratio

Author
Matt
StatusImplemented
TypeGovernance
NetworkArbitrum
ImplementorTBD
ReleaseTBD
ProposalLoading status...

Simple Summary

This SCCP proposes to reconfigure the issuance caps for sUSDe on Arbitrum.

Abstract

The parameters configurations description is as follows:

  • Maximum LP amount: $50M
  • Issuance Ratio: 200%
  • Liquidation Ratio: 105%

Motivation

The Arbitrum deployment is ready to be configured for yield-generating collateral types as defined by SIP-371. Issuance must be raised for sUSDe (and USDe) to ensure risk is properly handled for sUSDe/USDe.

Copyright

Copyright and related rights waived via CC0.