Optimism
Aave's deployment on the Optimism
Following the Aave DAO snapshot approval, V3 of the Aave Protocol has been deployed on Optimism. Optimism is a Layer 2 Optimistic Rollup network designed to utilize the strong security guarantees of Ethereum while reducing its cost and latency. Optimism is EVM equivalent, making the transition from L1 to L2 as seamless as possible
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 | 80% | 85% | 5% | - | 2B | 0 | 10% |
USDT |
| Yes | No | Only Isolation Mode | Yes | 75% | 80% | 5% | 5M | 2B | 0 | 10% |
SUSD |
| Yes | No | No | No | - | - | - | - | 2B | 0 | 10% |
AAVE |
| No | No | Yes | No | 50% | 65% | 10% | - | 0 | 0 | 0% |
LINK |
| Yes | No | Yes | No | 70% | 75% | 7.5% | - | 0 | 0 | 20% |
WBTC |
| Yes | No | Yes | No | 70% | 75% | 10% | - | 0 | 0 | 20% |
WETH |
| Yes | No | Yes | No | 80% | 82.5% | 5% | - | 0 | 0 | 10% |
The reserve factor aka treasury collector contract can be found at 0xA77E4A084d7d4f064E326C0F6c0aCefd47A5Cb21
The price update frequency results from the liquidation strategy. We follow a margin method, in which prices are refreshed every time the deviation crosses a certain threshold. We use Chainlink’s decentralised oracles for the price feeds.
Pair Data Feed | Deviation Threshold | Oracle Contract Address |
|---|---|---|
0.1% | ||
0.5% | ||
0.1% | ||
0.1% | ||
0.2% | ||
0.2% | ||
0.1% | ||
0.15% |
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 Optimism
During an initial bootstrapping phase, the Optimism deployment is controlled by a Gnosis safe multisig and follows the same security practices implemented during the governance transition period for Aave V1 and V2.
Last modified 3mo ago