Add RPL to Aave V3 Ethereum pool
01Summary
Proposal to add RPL (Rocket Pool's governance token) to Aave's Ethereum v3 Liquidity Pool as a borrowable asset with a supply cap of 105,000 RPL and borrow cap of 105,000 RPL. This enables RPL holders to earn passive yield and allows RPL borrowers to participate in Rocket Pool staking without needing to invest in RPL directly.
- Type
- protocol addition
Key changes
- Add RPL token to Aave V3 Ethereum as a borrowable asset(high)
- Set supply cap at 105,000 RPL(high)
- Set borrow cap at 105,000 RPL(high)
- Configure variable interest rate model with base 0%, slope1 8.5%, slope2 87%, and optimal utilization 80%(medium)
- Set reserve factor at 20% and liquidation protocol fee at 10%(medium)
- Disable collateral functionality and stable borrowing for RPL(medium)
Generated by Kvorum
02Description
Simple Summary
This AIP presents the community with the opportunity to add RPL to the Ethereum v3 Liquidity Pool.
Motivation
Rocket Pool is an Ethereum staking protocol. The protocol reduces ETH staking capital and hardware requirements to increase Ethereum’s decentralization and security. Rocket Pool lets customers stake trustlessly to a network of node operators to do this. Adding support for RPL on Ethereum V3 would allow RPL holders to obtain a passive yield on their holdings without the need to deploy mini-pools. On their side, RPL borrowers would be able to participate in Rocket Pool staking without the need to invest in RPL.
RPL is the governance and utility token for RocketPool, a major decentralized liquid staking Token protocol. RocketPool has solidified itself as a Protocol which is actively contributing to Ethereum’s decentralization by making Operating a Node easy and accessible. By supporting RPL on Aave V3 Ethereum we would create an alternative for RPL holders who wish to earn yield on their asset.
Specification
Ticker: RPL
Contract Address: 0xD33526068D116cE69F19A9ee46F0bd304F21A51f`
| Parameter | Value |
|---|---|
| Isolation Mode | No |
| Borrowable | Yes |
| Collateral Enabled | No |
| Supply Cap (RPL) | 105,000 |
| Borrow Cap (RPL) | 105,000 |
| Debt Ceiling | N/A |
| LTV | N/A |
| LT | N/A |
| Liquidation Bonus | N/A |
| Liquidation Protocol Fee | 10% |
| Variable Base | 0.00% |
| Variable Slope1 | 8.50% |
| Variable Slope2 | 87.00% |
| Uoptimal | 80.00 |
| Reserve Factor | 20.00% |
| Stable Borrowing | Disabled |
References
- Implementation: Ethereum
- Tests: Ethereum
- Snapshot
- Discussion
Copyright
Copyright and related rights waived via CC0.
03Mismatch analysis
The proposal follows Aave's standard governance pattern: the on-chain action is a single delegatecall-style execute() invocation on a dedicated payload contract, referenced in the proposal's 'Implementation' link. The actual listing parameters (supply/borrow caps, rate curve, reserve factor, liquidation fee, collateral/borrow flags) are encoded inside that payload contract's bytecode and are not visible in the decoded calldata itself — only a generic fallback/execute() call with no arguments is decoded. This is the expected, routine structure for Aave V3 listing proposals, and there is nothing in the decoded action that contradicts the description (e.g., no unexpected target, no value transfer, no additional calls). However, because the decoded calldata provides no visibility into the specific numeric parameters (caps, rates, fees) that the payload contract will apply, a reviewer cannot independently verify that these exact figures match the description from the calldata alone. This limits confidence in a full parameter-by-parameter comparison, but does not by itself constitute a discrepancy — it reflects an inherent limitation of decoding a proxy/payload execution pattern rather than evidence of a mismatch. No value, target, or action omissions/additions were identified within the scope of what is decodable.}
Generated by Kvorum
04Actions
- Target
- 0x5a95…e3e8
- Value
- 0 wei
- Function
- fallback()
- Arguments
{}- Calldata
05Tally
Summed from votes
06Voters
No votes recorded yet.
07Forum
No forum thread is confidently linked to this proposal.
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