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:
- Add U market to the Stablecoin E-Mode pool
- Set collateral factor and liquidation threshold to 0%
- Set liquidation incentive to 0%
- 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!