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Update sccp-2155.md
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kaleb-keny committed Jan 20, 2025
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# Simple Summary

This SCCP proposes the establishment of a Gnosis Safe, managed by the Treasury, to hold the 5 million sUSD minted under SIP-2151. The Treasury will use this safe to offer market makers sUSD loans. Market makers can deposit yield-bearing [Static AAVE USDCn](https://optimistic.etherscan.io/address/0x4dd03dfd36548c840b563745e3fbec320f37ba7e) tokens as collateral, which can be minted on [gyro](https://app.gyro.finance/pools/optimism/e-clp/0x8bb826afc0ff7d2c034a2883f4c461ffd238e1c3/aave-deposit-redeem/), and receive sUSD loans at 90% LTV with no interest or fees. To reclaim their collateral, market makers simply return the borrowed sUSD to the safe.
This SCCP proposes the establishment of a Gnosis Safe, managed by the Treasury, to hold the 5 million sUSD minted under SIP-2151. The Treasury will use this safe to offer market makers sUSD loans. Market makers can deposit yield-bearing [Static AAVE USDCn](https://optimistic.etherscan.io/address/0x4dd03dfd36548c840b563745e3fbec320f37ba7e) tokens as collateral, which can be minted on [paraswap](https://app.paraswap.xyz/), and receive sUSD loans at 90% LTV with no interest or fees. To reclaim their collateral, market makers simply return the borrowed sUSD to the safe.


# Motivation
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