diff --git a/content/sccp/sccp-2155.md b/content/sccp/sccp-2155.md index df6ede4cd..938793573 100644 --- a/content/sccp/sccp-2155.md +++ b/content/sccp/sccp-2155.md @@ -10,7 +10,7 @@ author: Kaleb # 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