# Aave proposal would onboard PT-AUSD-17DEC2026 on Monad

> A concrete reserve configuration is now proposed: a 20 million supply cap, no borrowing, collateral use only through a dedicated stablecoin eMode, and a maturity-specific linear-discount oracle.

- URL: https://riadefi.com/on-chain/2026-09-25-aave-v3-pt-ausd-17dec2026-monad-onboarding/
- Type: Governance
- Stage: Proposed
- Evidence: confirmed
- Materiality: watch
- Event date: 2026-09-25
- Version: 1, published 2026-09-25 (first published 2026-09-25)
- Follow-up: 2026-10-02
- Advisor-relevant: no
- Affects: Aave v3 (protocol)

## What happened

TokenLogic submitted a Direct-to-AIP proposal to add the 17 December 2026 Pendle AUSD principal token to Aave v3 on Monad.

## What changed

A concrete reserve configuration is now proposed: a 20 million supply cap, no borrowing, collateral use only through a dedicated stablecoin eMode, and a maturity-specific linear-discount oracle.

## What did not change

The reserve is not yet approved or live. The existing October-maturity PT-AUSD reserve remains listed under its current configuration.

## Confirmed

- The proposed asset contract is 0x8B562578b2f9Aa8C14cCda3c5d6CBCEaD3B06a57.
- The proposed eMode has 93% LTV, 95% liquidation threshold, and a 2.44% liquidation bonus.
- The proposal states that a new maturity-specific oracle still must be deployed.

## Still open

- Whether governance will approve and execute the proposal.
- The final deployed oracle address and payload.
- Whether final parameters will differ from the forum specification.

## What it means for an advisor

- Monitor the AIP and execution record before treating the reserve as available.
- If executed, review whether the new maturity, Pendle dependency, AUSD exposure, oracle design, and Monad deployment fit the existing Aave memo limits.

## Sources

1. [[Direct-To-AIP] Onboard PT-AUSD-17DEC2026 to Aave V3 Monad Instance](https://governance.aave.com/t/direct-to-aip-onboard-pt-ausd-17dec2026-to-aave-v3-monad-instance/25701) · Aave governance · 2026-09-25


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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.
