Recreate wrstETH eMode on Base
01Summary
Create a new eMode for wrsETH/wstETH pair and unfreeze wrsETH & LBTC assets that were frozen due to a configuration conflict from previous proposals.
- Type
- parameter change
Key changes
- Remove wstETH from borrowable assets on LBTC_cbBTC eMode(medium)
- Remove wrsETH from collateral assets on LBTC_cbBTC eMode(medium)
- Create new rsETH/wstETH eMode with LTV 92.5%, LT 94.5%, LB 1%, wstETH as borrowable asset, and wrsETH as collateral(high)
- Unfreeze LBTC and wrsETH assets(high)
Notable concerns
- Previous proposals 263 and 264 both attempted to use eMode 4, causing one to overwrite the other's configuration
- Assets were frozen by guardian as a temporary measure to prevent unintended usage patterns
Generated by Kvorum
02Description
Simple Summary
Create a new eMode for wrsETH/wstETH and unfreeze wrsETH & LBTC.
Motivation
Both proposal 263 and 264 proposed listing new assets in combination with creating new eModes.
As Emodes on Aave are accessed via a static id, both proposals specified eMode 4 which ultimately lead to 264 overwriting part of the 263 config.
In response to that the guardian coordinated an immediate freeze of LBTC and wrsETH, which prevents unintended usage (e.g. borrowing wstETH against LBTC).
This proposal aims to restore the configuration as it was originally intended by the proposal authors.
Specification
The proposal will:
- remove wstETH from the borrowable assets on
LBTC_cbBTCeMode - remove wrsETH from the collateral assets on
LBTC_cbBTCeMode - create a new
rsETH/wstETHeMode with the following configuration:- ltv 92.5 %
- lt 94.5 %
- lb 1%
- borrowable: wstETH
- collaterals: wrsETH
- unfreeze LBTC and wrsETH
References
- Implementation: AaveV3Base
- Tests: AaveV3Base
- Discussion
Copyright
Copyright and related rights waived via CC0.
03Mismatch analysis
A calldata-vs-description analysis is not generated yet. Review the decoded actions →
04Actions
This proposal carries no on-chain actions.
05Tally
Summed from votes
06Voters
No votes recorded yet.
07Forum
No forum thread is confidently linked to this proposal.
08Similar proposals
- aaveexecutedOnboard LBTC & Enable LBTC/WBTC liquid E-Mode on Aave v3 Core Instance76%
- aavecanceledOnboard eBTC and Add eBTC/WBTC E-Mode74%
- aaveexecutedOnboard eBTC and Add eBTC/WBTC E-Mode74%
- aaveexecutedCore & Base - BTC Correlated Asset Update72%
- aaveexecutedAddition of cbBTC/Stablecoin E-Mode to Aave V3 Base Instance72%
- aaveexecutedActivate Emode for cbETH Aave Ethereum V367%
- aaveexecutedOnboard CbBTC on Mainnet and Base66%
- aaveexecutedOnboard tETH to Aave v3 Prime Instance65%
- aaveexecutedAdd cbETH to Aave V3 Ethereum62%
- aaveexecutedAdd tETH to Core Instance Ethereum62%