Add U Asset to Stablecoin E-Mode Group

Overview

This proposal aims to add U as a new market within the existing Stablecoin E-Mode Group on Venus Protocol.

The U market will be borrow-only, meaning it cannot be used as collateral. All collateral and liquidation-related parameters will be set to 0%, ensuring a conservative risk profile and no additional liquidation exposure for the protocol.


Proposed Parameters for U

  • Asset: U
  • Collateral Enabled: No
  • Borrow Enabled: Yes
  • Collateral Factor (CF): 0%
  • Liquidation Threshold (LT): 0%
  • Liquidation Incentive: 0%
  • Mode: Stablecoins E-Mode

Rationale

  • Enables users to borrow U within the Stablecoin E-Mode pool
  • Eliminates collateral and liquidation risk by setting all related parameters to 0%
  • Maintains Venus’ conservative risk management standards
  • Expands supported assets without impacting protocol safety

Technical Execution (For Transparency)

The following governance actions will be executed if approved:

  1. Add U market to the Stablecoin E-Mode pool
  2. Set collateral factor and liquidation threshold to 0%
  3. Set liquidation incentive to 0%
  4. Enable borrowing for U

Stablecoin E-mode after the implemented change

Parameter Value Value Value Value Value
Asset USDe sUSDe USDC USDT U
Collateral Yes Yes No No No
Borrowable Yes No Yes Yes Yes
Collateral Factor 90% 89.5% 0% 0% 0%
Liquidation Threshold 92.5% 91.5% 0% 0% 0%
Liquidation Incentive 6% 8% 0% 0% 0%


Conclusion

Adding U as a borrow-only asset in the Stablecoin E-Mode pool expands Venus’ market functionality while maintaining a low-risk and conservative configuration. This proposal aligns with Venus Protocol’s focus on safety, modular growth, and capital efficiency.

Community feedback and discussion are encouraged!

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