About this Table

This model considers different redemption scenarios and establishes a maximum amount of USDe's backing assets that should be lent on Aave, depending on these scenarios and assuming 0% of Aave's liquidity is immediately withdrawable (very conservative scenario). The absolute amount is shown as well as the corresponding percentage of liquid stable backing. The considered redemption scenarios are historical (max, p95 and p99), all floating USDe being redeemed simultaneously, and all assets currently on Pendle being redeemed in addition to all floating.