# Aave advances proposed lisUSD onboarding to ARFC review

> lisUSD entered Aave's formal asset-onboarding and risk-review pipeline. The proposal would add a new stablecoin reserve if it later passed ARFC and on-chain governance.

- URL: https://riadefi.com/on-chain/2025-03-26-aave-v3-bnb-lisusd-onboarding-temp-check/
- Type: Governance
- Stage: Proposed
- Evidence: developing
- Materiality: watch
- Event date: 2025-03-26
- Version: 1, published 2026-08-22 (first published 2026-08-22)
- Follow-up: 2025-04-01
- Advisor-relevant: no
- Affects: Aave v3 (protocol)

Developing. Some claims here are not yet confirmed; they are listed apart from the confirmed facts. A new version replaces this one when the primary evidence changes.

## What happened

Aave's preliminary governance poll supported advancing a proposal to list lisUSD in the Aave V3 BNB Core pool.

## What changed

lisUSD entered Aave's formal asset-onboarding and risk-review pipeline. The proposal would add a new stablecoin reserve if it later passed ARFC and on-chain governance.

## What did not change

The TEMP CHECK did not authorize or execute a lisUSD reserve, set final risk parameters, or alter Ketju's Ethereum sGHO-only Aave approval.

## Confirmed

- The official proposal sought to onboard lisUSD to Aave V3 on BNB Chain.
- The TEMP CHECK reached quorum and passed on March 26 with ARFC identified as the next stage.
- No final reserve parameters were specified at the TEMP CHECK stage.

## Still open

- Asset audits, collateral composition, liquidity concentration, peg resilience, caps, and liquidation parameters required further review.
- The separate March 15 LISUSD price deviation was not established by primary evidence and had not been reconciled in this proposal stage.
- Final ARFC and on-chain approval remained outstanding.

## What it means for an advisor

- Monitor the ARFC for primary risk-provider analysis and final parameters.
- Do not treat preliminary governance support as a live or Ketju-approved reserve.
- Preserve the March peg observation as an unresolved diligence question rather than a confirmed impairment.

## Sources

1. [Onboard lisUSD to Aave V3 BNB Instance](https://governance.aave.com/t/temp-check-onboard-lisusd-to-aave-v3-bnb-instance/21309) · Aave Governance / Aave Chan Initiative · 2025-03-07


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Published by Ketju Research on RIADeFi (https://riadefi.com). Educational research for financial professionals; not investment, legal, tax, or compliance advice.
