Silopedia
  • Read Me
  • Introduction
    • What is Silo?
  • The Silo Protocol
    • Protocol Design
      • Base and Bridge Assets
      • Silo Deployments
      • Collateral Status
      • Interest Rate Model
        • Dynamic IRM with PI Controller
        • Kink IRM with Multiplier
        • Fixed IRM
      • $XAI
      • Curve LP Markets
      • Incentives
    • Lending 101
      • The Markets
      • The Lender
      • The Borrower
      • Liquidation
    • Risks
      • Smart Contract
      • Economic
      • Oracle
      • Bad Debt
      • Liquidation
    • Integrations
      • Pendle Finance
      • Contango
      • Beefy
      • Factor
  • Walkthroughs
    • Using Silo
      • Connect Wallet
      • Lending (Depositing)
      • Withdrawing
      • Borrowing
      • Repaying
    • Delegating $SILO to Vote
      • Delegate to Self
      • Delegate to Somebody Else
    • Farming with $SILO
      • LPing SILO/ETH v3 on Camelot (Arbitrum)
    • Borrowing Strategies
      • Borrow to Short
      • Borrow to Leverage
  • Yield farming opportunities
  • Oracles
  • Liquidate a position manually
  • SiloDAO
    • $SILO
      • Token Allocation and Vesting
    • Governance
    • Creating a Silo
    • Wallets and DAO Contracts
  • Security
    • Audit
    • Formal Verification
    • Bug Bounty Program
    • Smart Contracts
  • Additional Information
    • Brand Assets
    • Developer Docs
    • Submit a Bug
    • Official Channels
    • SiloDAO (Snapshot)
    • SiloDAO (Tally; On-Chain Voting)
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On this page
  • Requesting Silos (community)
  • Configuring Silos (developers)
  1. SiloDAO

Creating a Silo

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Last updated 1 year ago

Silo is a decentralized protocol that implements permissionless money markets (silos). At the moment, silos can only be created for token assets with liquidity pools on Uniswap V3 (ETH pairs only) and Balancer V2.

Requesting Silos (community)

We propose the following process in monthly cycles to add new silos:

  1. Request silos by filling out this . Anyone in the community can request silos.

  2. Core team gather request and post in the under a monthly thread that will update continuously. Community can discuss requested markets in the and governance forum.

  3. Community runs a snapshot vote on requested markets. Votes must include collateral parameters and price oracle for each silo.

  4. Core team carefully screens voted markets and shares recommendations on collateral parameters, price oracles, and interest model configuration for each token asset.

  5. The Core team, or the community, creates on-chain votes to deploy silos based on vote results.

Since deploying markets require core team supervision, adding new silos will be limited to 5-10 markets per month. The team is working on tools that the broader community can use to deploy markets in faster cycles.

Configuring Silos (developers)

The configuration process of new silos is highly technical. If you consider configuring silos directly without going through the aforementioned process, follow steps detailed in this .​

form
governance form
Discord
guide