Overview
Chaos Labs supports listing WETH, wstETH, USDC and cbETH as the initial assets on the proposed deployment on Base.
Following the guidelines of our approach to start with the battle-tested parameters of V3, we begin with a baseline of LT, LTV, Liquidation Penalty, and IR Curve similar to the values set today for those assets on Ethereum V3.
In addition, we recommend configuring an Ethereum-correlated (cbETH, wstETH & ETH) e-mode category with the following parameters:
| Category | Assets included | LT | LTV | Liquidation Bonus |
|---|---|---|---|---|
| Ethereum Correlated | WETH, wstETH, cbETH | 90% | 93% | 1% |
Full Recommendations
| Risk Parameter | WETH | wstETH | USDC | cbETH |
|---|---|---|---|---|
| Isolation Mode | NO | NO | NO | NO |
| Enable Borrow | YES | YES | YES | YES |
| Enable Collateral | YES | YES | YES | YES |
| Emode Category | eth-correlated | eth-correlated | N/A | eth-correlated |
| Loan To Value | 80.5% | 78.5% | 80% | 67% |
| Liquidation Threshold | 83% | 81% | 82% | 74% |
| Liquidation Bonus | 5% | 7.5% | 5% | 7.5% |
| Reserve Factor | 15% | 15% | 10% | 15% |
| Liquidation Protocol Fee | 10% | 10% | 10% | 10% |
| Supply Cap | 200 | 100 | 1,000,000 | 100 |
| Borrow Cap | 160 | 20 | 800,000 | 20 |
| Debt Ceiling | N/A | N/A | N/A | N/A |
| uOptimal | 80% | 45% | 90% | 45% |
| Base | 0% | 0% | 0% | 0% |
| Slope1 | 3.8% | 4.5% | 3.5% | 7% |
| Slope2 | 80% | 80% | 60% | 300% |
| Stable Borrowing | Disabled | Disabled | Disabled | Disabled |
| Flahloanable | YES | YES | YES | YES |
| Siloed Borrowing | NO | NO | NO | NO |
| Borrowed in Isolation | NO | NO | YES | NO |