[ARFC] Onboard rsETH to Arbitrum and Base V3 Instances

[ARFC] Onboard rsETH to Arbitrum and Base V3 Instances

Author: ACI

Date: 2025-01-21

Summary

This is an ARFC to onboard rsETH to the Aave V3 Arbitrum and Base Instances allowing Aave users to supply rsETH as collateral. This proposal will be under Direct to AIP, as rsETH is already listed on other Aave instances.

Motivation

rsETH has seen continued growth across networks, and is currently the only of the onboarded LRT not available on Arbitrum or Base. We expect further growth of this asset with onboarding to these networks. Arbitrum has one of the largest wstETH reserves of any Aave instance and Base activity has continued to increase. We suggest to onboard rsETH with similar parameters to ezETH and corresponding E-Modes for rsETH / wstETH and rsETH / stablecoins.

Specification

Contract addresses:

rsETH arbitrum: 0x4186BFC76E2E237523CBC30FD220FE055156b41F

wrsETH base: 0xEDfa23602D0EC14714057867A78d01e94176BEA0

Risk Parameters:

Risk Parameters will be provided by Risk service providers during the ARFC phase and this ARFC will be updated accordingly.

Useful Links

rsETH:

Disclaimer

ACI is not directly affiliated with the issuers of the assets mentioned in this proposal and did not receive compensation for creating this proposal.

Next Step

  1. Publish a standard ARFC, collect community & service provider feedback before escalating proposal to AIP.
  2. Publish an AIP vote for final confirmation and enforcement of the proposal.

Copyright

Copyright and related rights waived under CC0.

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