Introduction
Frontier markets are template-based isolated lending markets for correlated assets. Following the successful launch of the inaugural Frontier markets, we are seeking to establish a formal process for community requests. We invite the community to submit requests in this thread by using the template below.
Frontier markets are isolated vaults without active governance and risk management. Deploying a Frontier market does not imply endorsement or a vote of confidence in the project. Users are prompted to do their own research and risk assessment before interacting with the markets. Submitting a community request does not guarantee deployment. Deployments may be delayed or postponed due to multiple reasons.
Read more about Frontier in the initial proposal:
Specification
Before submitting a proposal, get familiar with the design goals and specification:
- Frontier markets are isolated correlated lending markets with the following vault structure:
- One blue-chip vault (USDC, WBTC, WETH or a native gas token such as WAVAX)
- Primary ecosystem vault (stablecoin, RWA, BTC wrapper, LST)
- Derivative ecosystem vaults (staked version, tranche token, Pendle/Spectra/Napier PTs)
- Frontier vaults configure one of two categories of loan-to-value ratios: 90/91% and 94/95%.
- 91% LTV for pairs containing the blue-chip vault (e.g. USDxyz/USDC and USDC/USDxyz)
- 95% LTV for all other pairs
- Derivative vaults are borrowable only by their PTs
- PT vaults are collateral-only
- Frontier vaults have no supply or borrow caps.
- Frontier vaults follow this guideline for oracles.
- Hardcoded oracle for the blue-chip vault
- Hardcoded or fundamental oracle for ecosystem assets and their derivatives
- TWAP or linear discount oracle for Pendle PTs
- Frontier vaults use
IRMAdaptiveCurveinterest rate models. These models are designed to run autonomously. Their initial parameters are chosen at deployment based on the economic characteristics of each asset. Example parameters (non-exhaustive):
| Parameter | USDxyz | sUSDxyz |
|---|---|---|
| TARGET_UTILIZATION | 90% | 90% |
| INITIAL_RATE_AT_TARGET | 7% | 2% |
| MIN_RATE_AT_TARGET | 3% | 1% |
| MAX_RATE_AT_TARGET | 25% | 15% |
| CURVE_STEEPNESS | 4 | 4 |
| ADJUSTMENT_SPEED | 7 days | 7 days |
Request Template
Submit a community request as a reply in this thread. Copy the template and replace [Text] fields.
Request for Deployment: Frontier [Project]
Project Information
- Name: [Your project’s name]
- About: [A brief paragraph about the project]
- Author: [Your name/pseudonym and your affiliation with the project]
- Metrics:
- Launch date: [01 Jun 2025]
- All-time-high TVL: [$123M]
- Current TVL: [$123M]
- Supported chains: [Ethereum, Base]
- Links:
- Website: [URL]
- Docs: [URL]
- Audits: [URL]
- Dune: [URL]
- DefiLlama: [URL]
- X: [URL]
- Discord: [URL]
- [Any others you deem useful]
Market Specification
- Network: [Ethereum]
- Category: [The correlation category for the market such as USD, ETH, BTC, AVAX, S]
- Blue-chip asset: [The single correlated blue-chip asset such as USDC, WETH, WBTC, WAVAX, wS]
- Primary ecosystem asset: [The main ecosystem asset such as USDe, ezETH, LBTC, ggAVAX. Include its address.]
- Derivative assets: [Available derivatives of the ecosystem asset, including staked versions of the primary asset, tranches, fixed-yield PTs. Include their addresses and format them as a bullet list.]
- [sUSDxyz (0x1111111111111111111111111111111111111111)]
- Incentive commitments: [For token incentives specify action (e.g. supply USDC, borrow USDC, amount, duration. Liquid token incentives are distributed through Merkl. For point incentives specify action, multiplier, and other relevant information specific to the program. Format them as a bullet list.]
- [$10k USDC over 1 month for lending USDC]
- [5x points for supplying USDC]
After a Frontier market is live, you may only request adding a new derivative asset.
Request for Update: Frontier [Project]
- Author: [Your name/pseudonym and your affiliation with the project]
- Derivative assets: [List newly available derivatives and their addresses]
- [PT-sUSDxyz-01JUN2025 (0x1111111111111111111111111111111111111111)]