Jul 30, 2024
This is an archive of our post on Aave governance forum. Read the full thread here.
@LlamaRisk @ChaosLabs Can you provide guidelines on min marketcap and liquidity for assets to be onboarded? It would save a lot of teams a lot of time if there were clear guidelines on expectations on this criteria.
Our analysis considers many factors beyond liquidity; however, we are happy to provide general guidelines:
Current liquidity would support a swap of 8.25 dlcBTC to WBTC within a 7.5% liquidation bonus on Arbitrum. This would justify a supply cap within a range of 0.825 - 1.65 dlcBTC ($55k - $110k). We would like to see the liquidity grow by at least 5x and diversify before reevaluating the asset for onboarding.
We would also like to reiterate that we consider the implementation of a bug bounty program mandatory for consideration of onboarding. We are in touch with the DLC.Link team and are happy to continue the dialogue.