[GIP-172] Pendle PT Token Listings
AI summary
This proposal, authored by Chaos Labs, seeks to add three new assets to Gearbox's lending pools as collateral: eETH, ezETH, and sUSDe. These assets are "Principal Tokens" (PTs) from Pendle Finance, which represent the principal portion of an interest-bearing asset. The proposal specifies the maturity date for these tokens as December 26, 2024, and sets specific quota limits for each in the ETH and Stablecoin pools, along with a Loan-to-Value (LTV) ratio of 87%.
If passed, Gearbox users will have more options for collateralizing their loans, potentially increasing liquidity and borrowing activity within the protocol. This benefits users holding these specific Pendle PTs by allowing them to leverage their assets. The protocol benefits from increased utility and potential fee generation, but also takes on new risks associated with these collateral types.
Voting results
🐳 Whale votes
0 votes > 5% VPFull proposal
Author
Chaos Labs
Summary
It proposed to add the following PTs as collaterals to Tier 1 CMs of ETH and Stablecoin pools.
| Asset | Maturity Date | Quota Limit | Underlying Market | LT |
|---|---|---|---|---|
| eETH | 26 Dec 2024 | 2000 | ETH | 87% |
| ezETH | 26 Dec 2024 | 1200 | ETH | 87% |
| sUSDe | 26 Dec 2024 | 11,000,000 | Proportionately split between USDC, U… |