{"aip":14,"title":"Enable borrowing on renFIL","status":"Proposed","author":"Corbin Page (@corbinpage)","shortDescription":"Enable borrowing for the renFIL asset","discussions":"https://governance.aave.com/t/proposal-add-support-for-renfil-filecoin/1059","created":"2021-04-19T00:00:00.000Z","updated":"2021-04-19T00:00:00.000Z","preview":"## Simple Summary\n\n\nAIP-13 added a wrapped version of …","basename":"AIP-14","description":"\n\n## Simple Summary\n\n\nAIP-13 added a wrapped version of [Filecoin](https://filecoin.io/) (renFIL) to Aave, and this AIP will finalize it by enabling borrowing of the asset.\n\n## AIP rationale\n\nOver the past 6 months, [AIP-13](https://github.com/aave/aip/blob/Pending-AIPs/content/aips/AIP-13.md\n) has been proposed, debated, and ultimately passed on [April 19th](https://app.aave.com/governance/8-QmY4AYSTrxVvqTprSjwuaTiECzrWEs2JJFwTx6UNpYMepW) to allow deposits and borrowing (but not collateral use) on renFIL, a wrapped Filecoin token using Ren protocol. The discussion and trade-offs can be [found on the governance forum here](https://governance.aave.com/t/proposal-add-support-for-renfil-filecoin/1059).\n\nThis AIP finalizes the previous submission to configure the renFIL asset as a borrowable currency on Aave.\n\n## Implementations details\n\nThe proposal will:\n- Enable borrowing on renFIL\n- Target the lendingPoolConfigurator: https://etherscan.io/address/0x311bb771e4f8952e6da169b425e7e92d6ac45756\n- Call its enableBorrowingOnReserve(asset, enableStableBorrow) with argument (0xD5147bc8e386d91Cc5DBE72099DAC6C9b99276F5, false)\n\n## Copyright\n\nCopyright and related rights waived via [CC0](https://creativecommons.org/publicdomain/zero/1.0/).\n"}