Aave's first exploration of New Frontiers is Polygon (formerly known as MATIC). A scalable sidechain of Ethereum that allows fast and nearly-free transactions, with a nascent ecosystem of applications such as community favourite Aavegotchi, decentralised exchange Quickswap as well as Chainlink oracles.
Nearly a hundred validators secure Polygon's Proof-of-Stake algorithm with back ups every 30 minutes on the Ethereum blockchain.
Asset | Currency | Collateral | Loan to Value | Liquidation threshold | Liquidation penalty | Reserve Factor |
AAVE | Yes | Yes | 50% | 65% | 10% | ​ |
DAI | Yes | Yes | 75% | 80% | 5% | 10% |
USDC | Yes | Yes | 80% | 85% | 5% | 10% |
USDT | Yes | No | ​ | ​ | ​ | 10% |
MATIC | Yes | Yes | 50% | 65% | 10% | 20% |
WBTC | Yes | Yes | 70% | 75% | 10% | 20% |
WETH | Yes | Yes | 80% | 82.5% | 5% | 10% |
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