[GIP-182] Onboard Convex-staked scrvUSD/sUSDe Curve LP as collateral
AI summary
This proposal aims to allow users to use 'Convex-staked scrvUSD/sUSDe Curve LP' tokens as collateral within Gearbox's stablecoin pools. These LP tokens represent a share in a liquidity pool on Curve that contains scrvUSD and sUSDe, and they are further staked on Convex Finance to earn additional yield. The change involves adding these specific tokens, along with scrvUSD, as accepted collateral types in both the USDC and USDT pools, setting their borrowing limits and interest rate parameters.
If passed, users will have more options for collateral, potentially increasing liquidity and capital efficiency within Gearbox by allowing them to leverage their Convex-staked Curve LP positions. This could benefit users holding these specific assets by enabling them to borrow against them, but it also introduces new assets and their associated risks into the protocol.
Voting results
🐳 Whale votes
0 votes > 5% VPFull proposal
Authors
desnakeee.eth Reviewed by Chaos Labs
Summary
It's proposed to allow Convex-staked Curve scrvUSD/sUSDe pool LP as collateral in stablecoin pools. In addition to competitive yield of both underlying tokens, it offers the biggest (x30) Ethena sats boost on deposit.
Tech specification
Oracles
- scrvUSD:
- Main: erc4626 oracle based on exisitng bounded Chainlink crvUSD Main price feed.
- Reserve: erc4626 oracle based on exisitng [Reds…