[GIP-221] Deploying price feeds for PT sUSDe with 29 May maturity
AI summary
This proposal seeks to integrate a new asset, PT sUSDe with a May 29th maturity, into Gearbox's PriceOracleV3 system. This involves deploying specific price feeds that track the asset's value using Pendle's Time-Weighted Average Price (TWAP) mechanism. The PT sUSDe token is a principal token from Pendle Finance, representing a claim on the principal of staked USDe (Ethena's stablecoin) at maturity.
If passed, this will enable the listing of PT sUSDe in an upcoming Nexo-governed USDT market, expanding the range of assets available within the Gearbox ecosystem. It primarily benefits users interested in leveraging or providing liquidity for this specific Pendle asset, without affecting existing risk parameters.
Voting results
🐳 Whale votes
0 votes > 5% VPFull proposal
Author
desnake
Summary
It's proposed to deploy Pendle TWAP price feeds and set it for PT sUSDe with 29 May maturity in PriceOracleV3. This PT token is to be listed in the upcoming Nexo-governed USDT market. Note: this PT is not listed in any of the existing markets, so the proposed change doesn't affect risk parameters of current system.
Specification
Price Oracle
- PT sUSDe 29 May (0xb7de5dFCb74d25c2f21841fbd6230355C50d9308):
- Main: Pendle TWAP 1800s (market: 0xB162B764044697cf03617C2EFbcB1f42e31E4766), using Main USDe price feed as underlying (0xcf8445010470c17bde371c4c758bc2e…