Harmony
Aave's deployment on the Harmony
Snapshot to deploy V2 on Harmony passed with a success. In anticipation of the Aave Protocol V3 launch, the Aave Protocol v2 deployment on Harmony was dropped in favour of the Aave Protocol V3 deployment.
Harmony is a sharded proof-of-stake blockchain, operated by over 100 external validators. It is fully EVM and Ethereum tooling compatible. Read more about 👉🏻 Harmony
Due to the Horizon bridge exploit, certain assets on the Harmony network are not at parity with Ethereum, which affects the Aave V3 Harmony market. Per the community, the Harmony market has been frozen.
Asset | eMode Params | Borrow | Siloed | Collateral | Borrow Isolation | LTV | Liq. Thresh | Liq. Bonus | Debt Ceil | Supply Cap | Borrow Cap | Reserve Factor |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DAI |
| Yes | No | Yes | Yes | 75% | 80% | 5% | - | 2B | 0 | 10% |
USDC |
| Yes | No | Yes | Yes | 82.5% | 85% | 4% | - | 2B | 0 | 10% |
USDT |
| Yes | No | Only Isolation Mode | Yes | 75% | 80% | 5% | 5M | 2B | 0 | 10% |
AAVE |
| No | No | Yes | No | 60% | 70% | 7.5% | - | 0 | 0 | 0% |
LINK |
| Yes | No | Yes | No | 50% | 65% | 7.5% | - | 0 | 0 | 20% |
WBTC |
| Yes | No | Yes | No | 70% | 75% | 6.5% | - | 0 | 0 | 20% |
WETH |
| Yes | No | Yes | No | 80% | 82.5% | 5% | - | 0 | 0 | 10% |
WONE |
| Yes | No | Yes | No | 25% | 45% | 15% | - | 0 | 0 | 20% |
The reserve factor aka treasury collector contract can be found at 0xeaC16519923774Fd7723d3D5E442a1e2E46BA962
Token | AToken | Stable Debt Token | Variable Debt Token | Interest Rate Strategy |
|---|---|---|---|---|
Aave team do not hold any keys to the multisig controlling Aave V3 markets on Harmony
During an initial bootstrapping phase, the Harmony deployment is controlled by a multisig (keys held by Harmony community) and follows the same security practices implemented during the governance transition period for Aave V1 and V2.
Last modified 3mo ago