0x648fc573…fe83sent to0xa89163f7…af61·#15,820,365·view on Etherscan
SIP-19 New market for XAI
## Action 1: Set up price feed for XAI
price provider: ChainlinkV3PriceProvider
_asset: 0xd7C9F0e536dC865Ae858b0C0453Fe76D13c3bEAc,
_aggregator: 0xBc3EFB6E37abee6698c5E701380B407443527f8F,
_fallbackProvider: N/A,
_heartbeat: 3600,
_convertToQuote: false
## Action 2: Choose a price provider for XAI
ChainlinkV3PriceProvider
The action registers a price provider in the protocol's repository of price providers.
The Repository manages price providers and maps assets to their price providers.
## Action 3: Set up maxLTV/LT on silo XAI for an asset (XAI)
Model contract: InterestRateModelXAI (0x64359a0A87B799140Ec74C2eb037E27dD4500A15)
Max Loan to Value (LTV) = 85%
Liquidation Threshold (LT) = 90%
## Action 4: Set up maxLTV/LT on silo XAI for an asset (WETH)
Model contract: InterestRateModel (0x7e9e7ea94e1ff36e216a703d6d66ece356a5fd44)
Max Loan to Value (LTV) = 85%
Liquidation Threshold (LT) = 90%
## Action 5: Set up interest rate model for XAI silo and XAI asset
Model name: fixedXAI
1. uopt: 500000000000000000,
2. ucrit: 900000000000000000,
3. ulow: 300000000000000000,
4. ki: 0,
5. kcrit: 0,
6. klow: 0,
7. klin: 0,
8. beta: 0,
9. ri: 31709792,
10. Tcrit: 0
## Action 6: Set up interest rate model for XAI silo and WETH asset
Model name: bridgeETH
1. uopt: 700000000000000000,
2. ucrit: 900000000000000000,
3. ulow: 500000000000000000,
4. ki: 244674,
5. kcrit: 317097919838,
6. klow: 31709791984,
7. klin: 1358991085,
8. beta: 277777777777778,
9. ri: 0,
10. Tcrit: 0
## Action 7: Add XAI as second bridge asset
The action will add XAI as a bridge asset.
## Action 8: Set LTV/LT = 85%/90% for XAI in the currently deployed Silos, and set stablecoin interest rate
The action will, for each existing Silo, configure LTV and LT for XAI and set its interest rate parameters.
## Action 9: Mint XAI to SiloModule
The action will mint 15 million XAI to the SiloModule.
## Action 10: Deposit XAI to silos
The action will deposit 10 million XAI to the bridge pool (XAI silo), and 5 million XAI to the USDC silo.