Aave Risk Steward proposes higher USDe base rates and expanded X Layer PT capacity

What happened

LlamaRisk proposed a new Risk Steward parameter round.

What changed

The proposal raises USDe base rates by 100 basis points on five deployments, doubles the X Layer PT-USDG supply cap, and lowers X Layer USD₮0 and USDG slope1 by 50 basis points.

What did not change

The record does not establish execution. USDe slopes and optimal utilization are unchanged in this proposal.

Confirmed

• Proposed USDe base rates rise from 3% to 4% on Core, Plasma, Monad, Mantle, and Avalanche.
• The proposed PT-USDG-29OCT2026 supply cap rises from 35 million to 70 million.
• Proposed X Layer USD₮0 and USDG slope1 values fall from 5% to 4.5%.
• Implementation is described as a next step through the Risk Steward process.

Still open

• Execution transactions and effective reserve configurations.

What it means for an advisor

• Monitor implementation and refresh affected borrowing-cost and PT exit-liquidity assumptions before relying on the expanded capacity.