Proposal overview
Add rETH to Aave Ethereum V3 pool
Simple Summary
This AIP proposal presents Aave with the opportunity to onboard rETH to the Ethereum v3 Liquidity Pool.
Motivation
Supporting Liquid Staking Derivative (LSDs) diversity is part of the Aave-Chan Initiative (ACI) delegate platform.
The ACI does not have any link nor is paid by Rocket Pool or any entity to present this AIP.
The risk parameters provided introduce rETH as a collateral asset.
Supply and borrow caps are suggested for this asset to limit risk exposure, the caps have bet proposed by a join collaboration between Gauntlet & Chaos Labs.
Specification
Ticker: RETH
Contract Address: 0xae78736Cd615f374D3085123A210448E74Fc6393
Risk Parameter | Value |
---|---|
Isolation Mode | NO |
Enable Borrow | YES |
Enable Collateral | YES |
Loan To Value | 67% |
Liquidation Threshold | 74% |
Liquidation Bonus | 7.5% |
Reserve Factor | 15% |
Liquidation Protocol Fee | 10% |
Borrow Cap | 1200 |
Supply Cap | 10K |
Debt Ceiling | N/A |
Base | 0% |
Slope1 | 7% |
Uoptimal | 45% |
Slope2 | 300% |
The proposal payload uses the GenericListingEngine to perform a new asset listing with the following parameters:
IGenericV3ListingEngine.Listing({
asset: RETH,
assetSymbol: 'rETH',
priceFeed: RETH_USD_FEED,
rateStrategy: 0x24701A6368Ff6D2874d6b8cDadd461552B8A5283,
enabledToBorrow: true,
stableRateModeEnabled: false,
borrowableInIsolation: false,
withSiloedBorrowing: false,
flashloanable: true,
ltv: 67_00,
liqThreshold: 74_00,
liqBonus: 7_50,
reserveFactor: 15_00,
supplyCap: 10_000,
borrowCap: 1_200,
debtCeiling: 0,
liqProtocolFee: 10_00,
eModeCategory: 0
});
References
A list of relevant links like for this proposal e.g.
Security Considerations
The proposal Payload was reviewed byBored Ghost Developing.
Deployed Contracts
Copyright
Copyright and related rights waived via CC0.
Your voting info
Voting results
YAE
668,628
AAVENAY
1
AAVETop 10 addresses
Votes
668.62K
668.62K
16,000,000
Proposal details
8 Feb 2023, 19:32 UTC +00:00
9 Feb 2023, 19:41 UTC +00:00
12 Feb 2023, 11:41 UTC +00:00
13 Feb 2023, 13:52 UTC +00:00
Marc Zeller (@marczeller), Aave-Chan initiative