{"componentChunkName":"component---src-pages-sips-sip-markdown-remark-frontmatter-sip-tsx","path":"/sips/sip-213/","result":{"data":{"markdownRemark":{"fileAbsolutePath":"/vercel/path0/content/sips/sip-213.md","frontmatter":{"sip":213,"sccp":null,"title":"Add AAVE and UNI to Optimism","network":"Optimism","author":"Matt (@MattLosquadro-Synthetix), Afif (@aband1)","type":"Governance","proposal":"https://snapshot.org/#/snxgov.eth/proposal/QmXdojc3bticrbe8VwHgA3Db2c8CyKJ2gAgzqQADPU6jhW","implementor":null,"release":"Diphda","created":null,"updated":null,"status":"Implemented"},"html":"<h3 id=\"simple-summary\" style=\"position:relative;\"><a href=\"#simple-summary\" aria-label=\"simple summary permalink\" class=\"anchor before\"><svg aria-hidden=\"true\" focusable=\"false\" height=\"16\" version=\"1.1\" viewBox=\"0 0 16 16\" width=\"16\"><path fill-rule=\"evenodd\" d=\"M4 9h1v1H4c-1.5 0-3-1.69-3-3.5S2.55 3 4 3h4c1.45 0 3 1.69 3 3.5 0 1.41-.91 2.72-2 3.25V8.59c.58-.45 1-1.27 1-2.09C10 5.22 8.98 4 8 4H4c-.98 0-2 1.22-2 2.5S3 9 4 9zm9-3h-1v1h1c1 0 2 1.22 2 2.5S13.98 12 13 12H9c-.98 0-2-1.22-2-2.5 0-.83.42-1.64 1-2.09V6.25c-1.09.53-2 1.84-2 3.25C6 11.31 7.55 13 9 13h4c1.45 0 3-1.69 3-3.5S14.5 6 13 6z\"></path></svg></a>Simple Summary</h3>\n<p>Add AAVE, and UNI Synths on Optimism.</p>\n<h3 id=\"overview\" style=\"position:relative;\"><a href=\"#overview\" aria-label=\"overview permalink\" class=\"anchor before\"><svg aria-hidden=\"true\" focusable=\"false\" height=\"16\" version=\"1.1\" viewBox=\"0 0 16 16\" width=\"16\"><path fill-rule=\"evenodd\" d=\"M4 9h1v1H4c-1.5 0-3-1.69-3-3.5S2.55 3 4 3h4c1.45 0 3 1.69 3 3.5 0 1.41-.91 2.72-2 3.25V8.59c.58-.45 1-1.27 1-2.09C10 5.22 8.98 4 8 4H4c-.98 0-2 1.22-2 2.5S3 9 4 9zm9-3h-1v1h1c1 0 2 1.22 2 2.5S13.98 12 13 12H9c-.98 0-2-1.22-2-2.5 0-.83.42-1.64 1-2.09V6.25c-1.09.53-2 1.84-2 3.25C6 11.31 7.55 13 9 13h4c1.45 0 3-1.69 3-3.5S14.5 6 13 6z\"></path></svg></a>Overview</h3>\n<p>This SIP proposes to add AAVE and UNI tokens on Optimism for trading and shorting.</p>\n<h3 id=\"motivation\" style=\"position:relative;\"><a href=\"#motivation\" aria-label=\"motivation permalink\" class=\"anchor before\"><svg aria-hidden=\"true\" focusable=\"false\" height=\"16\" version=\"1.1\" viewBox=\"0 0 16 16\" width=\"16\"><path fill-rule=\"evenodd\" d=\"M4 9h1v1H4c-1.5 0-3-1.69-3-3.5S2.55 3 4 3h4c1.45 0 3 1.69 3 3.5 0 1.41-.91 2.72-2 3.25V8.59c.58-.45 1-1.27 1-2.09C10 5.22 8.98 4 8 4H4c-.98 0-2 1.22-2 2.5S3 9 4 9zm9-3h-1v1h1c1 0 2 1.22 2 2.5S13.98 12 13 12H9c-.98 0-2-1.22-2-2.5 0-.83.42-1.64 1-2.09V6.25c-1.09.53-2 1.84-2 3.25C6 11.31 7.55 13 9 13h4c1.45 0 3-1.69 3-3.5S14.5 6 13 6z\"></path></svg></a>Motivation</h3>\n<p>Listing these additional synths on OE will benefit traders on Synthetix and within the ecosystem as a whole. By listing synths that we’ve never had before, we have the opportunity to attract new traders and to increase the trading volume of the overall Synthetix ecosystem.</p>\n<h3 id=\"rationale\" style=\"position:relative;\"><a href=\"#rationale\" aria-label=\"rationale permalink\" class=\"anchor before\"><svg aria-hidden=\"true\" focusable=\"false\" height=\"16\" version=\"1.1\" viewBox=\"0 0 16 16\" width=\"16\"><path fill-rule=\"evenodd\" d=\"M4 9h1v1H4c-1.5 0-3-1.69-3-3.5S2.55 3 4 3h4c1.45 0 3 1.69 3 3.5 0 1.41-.91 2.72-2 3.25V8.59c.58-.45 1-1.27 1-2.09C10 5.22 8.98 4 8 4H4c-.98 0-2 1.22-2 2.5S3 9 4 9zm9-3h-1v1h1c1 0 2 1.22 2 2.5S13.98 12 13 12H9c-.98 0-2-1.22-2-2.5 0-.83.42-1.64 1-2.09V6.25c-1.09.53-2 1.84-2 3.25C6 11.31 7.55 13 9 13h4c1.45 0 3-1.69 3-3.5S14.5 6 13 6z\"></path></svg></a>Rationale</h3>\n<p>Synths tracking AAVE, and UNI were chosen after consultation with Synthetix ecosystem partners and the community.</p>\n<table>\n<thead>\n<tr>\n<th><strong>AAVE</strong></th>\n<th><strong>+2% Depth</strong></th>\n<th><strong>-2% Depth</strong></th>\n<th><strong>Volume</strong></th>\n</tr>\n</thead>\n<tbody>\n<tr>\n<td><strong>Binance</strong></td>\n<td>$810,290</td>\n<td>$1,208,475</td>\n<td>$16,576,211</td>\n</tr>\n<tr>\n<td><strong>Bitfinex</strong></td>\n<td>$149,504</td>\n<td>$656,832</td>\n<td>$340,161</td>\n</tr>\n<tr>\n<td><strong>Kraken</strong></td>\n<td>$695,876</td>\n<td>$813,827</td>\n<td>$1,328,182</td>\n</tr>\n<tr>\n<td><strong>FTX</strong></td>\n<td>$278,773</td>\n<td>$310,726</td>\n<td>$1,474,955</td>\n</tr>\n<tr>\n<td><strong>Balancer</strong></td>\n<td>$2,073,775</td>\n<td>$2,067,544</td>\n<td>$1,942,801</td>\n</tr>\n<tr>\n<td><strong>Total</strong></td>\n<td>$4,008,218</td>\n<td>$5,057,404</td>\n<td>$21,662,310</td>\n</tr>\n</tbody>\n</table>\n<table>\n<thead>\n<tr>\n<th><strong>UNI</strong></th>\n<th><strong>+2% Depth</strong></th>\n<th><strong>-2% Depth</strong></th>\n<th><strong>Volume</strong></th>\n</tr>\n</thead>\n<tbody>\n<tr>\n<td><strong>Binance</strong></td>\n<td>$1,141,547</td>\n<td>$1,018,203</td>\n<td>$21,067,218</td>\n</tr>\n<tr>\n<td><strong>Bitfinex</strong></td>\n<td>$905,472</td>\n<td>$824,044</td>\n<td>$1,009,033</td>\n</tr>\n<tr>\n<td><strong>Kraken</strong></td>\n<td>$432,197</td>\n<td>$609,871</td>\n<td>$1,292,863</td>\n</tr>\n<tr>\n<td><strong>FTX</strong></td>\n<td>$349,251</td>\n<td>$407,894</td>\n<td>$3,193,643</td>\n</tr>\n<tr>\n<td><strong>Coinbase</strong></td>\n<td>$725,881</td>\n<td>$1,563,549</td>\n<td>$16,548,912</td>\n</tr>\n<tr>\n<td><strong>UniV3</strong></td>\n<td>$546,236</td>\n<td>$544,595</td>\n<td>$2,111,656</td>\n</tr>\n<tr>\n<td><strong>Total</strong></td>\n<td>$4,100,584</td>\n<td>$4,968,156</td>\n<td>$45,223,325</td>\n</tr>\n</tbody>\n</table>\n<h3 id=\"specification\" style=\"position:relative;\"><a href=\"#specification\" aria-label=\"specification permalink\" class=\"anchor before\"><svg aria-hidden=\"true\" focusable=\"false\" height=\"16\" version=\"1.1\" viewBox=\"0 0 16 16\" width=\"16\"><path fill-rule=\"evenodd\" d=\"M4 9h1v1H4c-1.5 0-3-1.69-3-3.5S2.55 3 4 3h4c1.45 0 3 1.69 3 3.5 0 1.41-.91 2.72-2 3.25V8.59c.58-.45 1-1.27 1-2.09C10 5.22 8.98 4 8 4H4c-.98 0-2 1.22-2 2.5S3 9 4 9zm9-3h-1v1h1c1 0 2 1.22 2 2.5S13.98 12 13 12H9c-.98 0-2-1.22-2-2.5 0-.83.42-1.64 1-2.09V6.25c-1.09.53-2 1.84-2 3.25C6 11.31 7.55 13 9 13h4c1.45 0 3-1.69 3-3.5S14.5 6 13 6z\"></path></svg></a>Specification</h3>\n<p>These Synths (AAVE, UNI) will be implemented using Chainlink OCR aggregators Optimism.</p>\n<p>AAVE, UNI will be made shortable via the <code>CollateralShort</code> contract by calling <code>CollateralManager.addShortableSynths</code>.</p>\n<h3 id=\"copyright\" style=\"position:relative;\"><a href=\"#copyright\" aria-label=\"copyright permalink\" class=\"anchor before\"><svg aria-hidden=\"true\" focusable=\"false\" height=\"16\" version=\"1.1\" viewBox=\"0 0 16 16\" width=\"16\"><path fill-rule=\"evenodd\" d=\"M4 9h1v1H4c-1.5 0-3-1.69-3-3.5S2.55 3 4 3h4c1.45 0 3 1.69 3 3.5 0 1.41-.91 2.72-2 3.25V8.59c.58-.45 1-1.27 1-2.09C10 5.22 8.98 4 8 4H4c-.98 0-2 1.22-2 2.5S3 9 4 9zm9-3h-1v1h1c1 0 2 1.22 2 2.5S13.98 12 13 12H9c-.98 0-2-1.22-2-2.5 0-.83.42-1.64 1-2.09V6.25c-1.09.53-2 1.84-2 3.25C6 11.31 7.55 13 9 13h4c1.45 0 3-1.69 3-3.5S14.5 6 13 6z\"></path></svg></a>Copyright</h3>\n<p>Copyright and related rights waived via <a href=\"https://creativecommons.org/publicdomain/zero/1.0/\">CC0</a>.</p>"}},"pageContext":{"id":"77a1b9eb-451b-52f8-8f4e-8d4ec6a44f71","frontmatter__sip":213,"__params":{"frontmatter__sip":"213"}}},"staticQueryHashes":[]}