Aave executes syrupUSDT onboarding on Plasma

What happened

Aave governance executed proposal 394, onboarding syrupUSDT to the Aave V3 Plasma instance.

What changed

syrupUSDT became configured as non-borrowable collateral with a 150 million-unit supply cap, a capped syrupUSDT-to-USDT oracle path, and a syrupUSDT/USDT0 E-mode configuration.

What did not change

Execution did not expand Ketju's Ethereum-only Aave approval, confirm Maple credit quality, or demonstrate exit liquidity and liquidation performance for the new Plasma reserve.

Confirmed

• Proposal 394 reached executed status on October 22.
• syrupUSDT was enabled as collateral but not as a borrowable reserve.
• The configured supply cap was 150,000,000 syrupUSDT.
• The base configuration used 0.05% LTV and a 0.1% liquidation threshold, while the specified E-mode used materially higher values.

Still open

• Live reserve utilization, available liquidity, borrower concentration, and liquidation performance.
• The behavior of the capped exchange-rate oracle during Maple or USDT stress.

What it means for an advisor

• Monitor the new reserve as a layered Maple, USDT, oracle, and Plasma dependency.
• Do not treat execution as approval for advisor exposure or as an expansion of the existing Aave memo's chain scope.