Areta Delegate Platform

[ARFC] wstETH Borrow Rate Update

Vote Result: YES

Rationale

Reducing the wstETH borrow rate across Arbitrum, Base, Scroll, and ZKsync to increase adoption of the LRT/LST looping strategy and extend the duration of upcoming incentive programs is sensible, since it will bind users to Aave for longer periods and therefore increase utilisation and revenue. The proposal is supported by LlamaRisk from a risk perspective. Therefore, we will vote YES in favour of this proposal.