Polygon Market

Aave's Market on the Polygon sidechain

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.

Risk Parameters

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%