Summary
This latest TAP is a followup to TAP-26 and serves as a comprehensive guide aimed at providing clarity on the loan terms to be used for a pool deployment onto Vendor. The loan terms have been derived from community discussion and general sentiment that aims to cater to the widest audience.
Vendor Strategy
The use of a strategy was purposefully left off this vote as there was a lack of positive support for utilizing this feature. Additionally, a strategy would only work with USDC.e, as there is currently no AAVE market for native USDC on Arbitrum.
Proposal
Deploy a Vendor Finance V2 pool with the following loan terms:
Deployment Network: Arbitrum One
Collateral Token: $OHM
Lend Token: $USDC*
Lend Ratio: 9.5 (~90% LTV)
Deposit Amount: 5,000,000 USDC
Due date: 6 months from pool deployment
Term Rate Type: Decay**
APR: 3.3%
* Olympus treasury team to acquire native USDC on Arbitrum for this deployment.
** Each borrower will borrow at a term rate that is annualized to the chosen APR.
Vote options:
Option A: Deploy pool
Option B: Do not deploy pool
Future actions:
For any deployed pools on Vendor a subsequent vote is to be held ~1 month prior to the due date with the following options to determine if it should be rolled over:
Rollover with the same loan terms
Rollover with different loan terms
Do not rollover