configured stataGho as collateral & margin on arbitrum

content/sips/sip-draft_support_stataGHO_as_Collateral_&_Margin_on_Arbitrum.md

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+---
+sip: <to be assigned>
+title: Support stataGHO as Collateral & Margin on Arbitrum
+network: Arbitrum
+status: <Draft>
+type: Governance
+author: TokenLogic (@TokenLogic-com-au)
+implementor: TokenLogic (@TokenLogic-com-au)
+release: TBD
+implementation-date: TBD
+discussions-to: TBD
+created: 2024-12-12
+---
+
+## Simple Summary
+
+This SIP proposes to add support for Aave's GHO Stablecoin (GHO) as Collateral and Margin on Synthetix v3 on Arbitrum.
+
+## Abstract
+
+This SIP proposes enabling GHO to be used as Collateral and Margin on Arbitrum with a 10M cap.
+
+## Motivation
+
+With the high returns from deposits in lending markets and the low risk profile of Aave Protocol, boasting over $35B in TVL, integrating stataGHO into Synthetix’s Arbitrum LP will provide a competitive edge.
+
+Users will gain access to dual-yield opportunities, combining rewards from DeFi lending and perpetual trading. Additionally, these liquidity pools will exhibit greater resilience to fee-share experimentation, enhancing their appeal.
+
+GHO is a USD pegged decentralized multi-collateral stablecoin that is fully backed, transparent and native to the Aave Protocol with over [160M](https://aave.tokenlogic.xyz/gho) of circulating supply and a [3.2 collateral ratio](https://aave.tokenlogic.xyz/collateral).
+
+Onboarding GHO as Collateral and Margin enables users the choice of earning yield from Synthetix and Aave Protocol, or supporting active trading positions.
+
+Further details about GHO can be found [here](https://docs.gho.xyz/).
+
+## Specification
+
+The below details the GHO LP Configurable Values (Via SCCP)
+
+| Parameter                       | Value |
+| ------------------------------- | ----- |
+| Maximum LP amount               | $10M  |
+| Issuance Ratio                  | 1000% |
+| Liquidation Ratio               | 105%  |
+| Liquidation Reward              | $1    |
+| Spot Strict Staleness Tolerance | 60    |
+| Minimum Delegation              | 100   |
+
+The below details the GHO margin configurable Values
+
+| Parameter                 | Value  |
+| ------------------------- | ------ |
+| Maximum Collateral amount | $10M   |
+| Upper Limit Discount      | 0.0051 |
+| Lower Limit Discount      | 0.0050 |
+| Discount Scalar           | 1      |
+
+## Copyright
+
+This SIP is licensed under [CC0](https://creativecommons.org/publicdomain/zero/1.0/), waiving all copyright and related rights.