# Aave executes syrupUSDT onboarding on Plasma

> 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.

- URL: https://riadefi.com/on-chain/2025-10-22-aave-v3-plasma-syrupusdt-onboarding/
- Type: Economic change
- Stage: Executed
- Evidence: confirmed
- Materiality: watch
- Event date: 2025-10-22
- Version: 1, published 2026-08-22 (first published 2026-08-22)
- Advisor-relevant: no
- Affects: Aave v3 (protocol)

## 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.

## Sources

1. [Onboard syrupUSDT to Aave V3 Plasma Instance](https://app.aave.com/governance/v3/proposal/?proposalId=394) · Aave Governance V3 · 2025-10-18


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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.