Aave proposal would onboard PT-USDG-25FEB2027 to X Layer E-Mode
The Ledger · · Ketju Research
Affects: Aave v3 (protocol)
What happened
TokenLogic posted a Direct-to-AIP proposal to list PT-USDG-25FEB2027 on Aave v3 X Layer and admit it as collateral in E-Mode #7 alongside the October 2026 maturity.
What changed
A concrete governance proposal now specifies a 35 million PT supply cap, collateral use within E-Mode #7, maximum LTV of 92.66%, liquidation threshold of 94.66%, and a dedicated dynamic linear discount-rate oracle. It also proposes reducing the older PT-USDG-29OCT2026 maturity's LTV to zero after maturity.
What did not change
No AIP approval, executed payload, oracle deployment address, completed OKX rollover integration, or operative reserve change is evidenced. Current Aave configurations remain unchanged by the forum post alone.
Confirmed
- The proposal identifies PT-USDG-25FEB2027 on X Layer at 0x5ea1f184af5ced57725213d8267b5c4c834557d4.
- The proposed reserve would not be generally collateral-enabled but would be collateral in E-Mode #7.
- The proposed E-Mode parameters include 92.66% maximum LTV, 94.66% liquidation threshold, and 2.34% liquidation bonus.
- The proposal calls for a dedicated dynamic linear discount-rate oracle and states that its address is not yet available.
- The proposal contemplates reducing PT-USDG-29OCT2026 LTV to zero after its October 29, 2026 maturity.
Still open
- Final risk-service-provider parameters and review are pending.
- The dedicated oracle address and deployed implementation are not yet identified.
- Governance approval and on-chain execution have not occurred.
- OKX's separate flash-loan rollover integration has not been delivered or verified.
What it means for an advisor
- Review the Aave v3 memo because the proposal fires its post-baseline trigger for collateral above 80% LTV involving a layered maturity-token structure.
- Do not treat the proposed asset or rollover path as approved, live, or suitable based on the forum proposal.
- If the proposal advances, verify the final oracle, risk parameters, executed payload, reserve configuration, and treatment of the maturing October PT before resolving the memo review.
Sources
- [Direct-to-AIP] Onboard PT-USDG-25FEB2027 on X Layer · Aave governance ·
Version 1, published . We check this event again on . Educational research, not investment advice.