Mhairi
March 2, 2022, 1:35pm
1
This UMIP will add AAVE, LINK, SNX, UMA & UNI to the supported collateral currencies on the global whitelist contract, allowing the usage of these 5 assets as collateral currencies
## Headers
| UMIP-56 | |
|------------|---|
| UMIP Title | Add AAVE, LINK, SNX, UMA & UNI as collateral |
| Authors | Josh Bowden (josh@ferrosync.io)
| Status | Approved |
| Created | 2020-02-17 |
| Discourse Link | https://discourse.uma.xyz/t/add-aave-link-snx-uma-uni-as-collateral/246
<br>
# Summary
This UMIP will add AAVE, LINK, SNX, UMA & UNI to the supported collateral currencies on the global whitelist contract, allowing the usage of these 5 assets as collateral currencies.
# Proposed Collateral Currencies
## AAVE (Aave Token)
### Motivation / Rationale
show original