This proposal, if approved, will list LINK (asset 1000794), AAVE (asset 1000624) and LDO (asset 1000796) in the Hydration money market as collateral and as borrowable assets, following their launch in the Omnipool.
Execution will:
- add LINK, AAVE and LDO to the money market with a 70% LTV, 75% liquidation threshold and 7% liquidation bonus, priced by the LINK/USD, AAVE/USD and LDO/USD oracles
- set a supply cap of ~$1M and a borrow cap of ~$500k on each (97,943 LINK at ~$10.20, 8,326 AAVE at ~$119, 3,160,287 LDO at ~$0.32), with a 20% reserve factor and the same interest rate curve as SOL, HYPE, ZEC and SPY
- register aLINK, aAAVE and aLDO in the asset registry and accept them for fee payment
- register on-chain router routes between each of the three and every money-market asset outside the Omnipool so that liquidations can always settle, plus routes from HDX and WETH to the aTokens for fee pricing
- enable the LINK/aLINK, AAVE/aAAVE and LDO/aLDO pairs in the ICE solver's routing
- supply the Treasury's full LINK, AAVE and LDO balances to the money market
Track: Root. Preimage hash 0x67fc74c4e4186c0cfdc23476eeee89af483645a8a067e906800153413c9a911f.