Aave moves to put LlamaRisk agents in charge of Pendle collateral on Plasma

Aave is preparing to hand a slice of its risk management to software. LlamaRisk has proposed registering its LlamaGuard PT risk oracle agents on Aave V3 Plasma. The agents would adjust collateral settings for a Pendle Principal Token automatically. The asset in question is PT-sUSDe-22OCT2026. More than $45 million of it had been supplied when the proposal landed. What the proposal actually does The governance proposal kicked off on October 1, 2026. It asks Aave to register LlamaRisk’s agents so they can change specific risk parameters for the PT-sUSDe-22OCT2026 market on Plasma. The agents run on Chainlink’s Runtime Environment, carrying a risk decision from LlamaRisk’s models onto the blockchain without someone pushing a button each time. The parameters in scope include smoothed interest rates and liquidation thresholds. The supply figures vary depending on who is counting. The proposal cited over $45 million supplied at the time. Later market tracker data put the figure at approximately $37 million on Plasma. Aave’s parameters for the October 2026 maturity included a supply cap of 150 million, alongside settings described as conservative. The guardrails are the real story Discoun...