[ARFC] Onboard rsETH to Scroll V3 Instance
Author: ACI
Date: 2025-01-21
ARFC updated with risk parameters 2025-01-30
Summary
This is an ARFC to onboard rsETH to the Aave V3 Scroll Instance allowing Aave users to supply rsETH as collateral. We propose these be added to wstETH E-mode. This proposal will be under Direct to AIP, as rsETH is already on other Aave Instances.
Motivation
In order to provide new opportunities for Aave users to carry out the popular strategies involving liquid staking tokens and liquid restaking tokens whilst also providing more options for upcoming incentive programs on Scroll, we propose the following:
- Onboard rsETH to Scroll Instance.
- Create relevant E-Modes : wstETH/rsETH.
rsETH is a popular LRT tokens which have seen widespread usage on the Core and Prime Instances. We believe alongside an incentive program, this combination of LRT assets and E-Mode configurations is an opportunity to grow the TVL of the Scroll Instance. We expect that there will be relevant incentives with the next Scroll Sessions program, making this an ideal time to onboard these tokens.
Specification
rsETH will be onboarded to Scroll with relevant E-Modes created with wstETH.
Risk Parameters:
Risk Parameters have been provided by Risk service providers during the ARFC phase and this ARFC has been updated accordingly. 2025-01-30
Parameter | Value |
---|---|
Asset | wrsETH |
Market | Scroll |
Isolation Mode | No |
Borrowable | No |
Collateral Enabled | Yes |
Supply Cap | 600 |
Borrow Cap | - |
Debt Ceiling | - |
LTV | 0.05% |
LT | 0.10% |
Liquidation Bonus | 7.50% |
Liquidation Protocol Fee | 10.00% |
Variable Base | - |
Variable Slope1 | - |
Variable Slope2 | - |
Uoptimal | - |
Reserve Factor | - |
Stable Borrowing | Disabled |
Flashloanable | Yes |
Siloed Borrowing | Disabled |
Borrowable in Isolation | No |
E-Mode Category | wrsETH/wstETH |
wrsETH/wstETH E-Mode on Scroll
Parameter | Value | Value |
---|---|---|
Asset | wrsETH | wstETH |
Collateral | Yes | No |
Borrowable | No | Yes |
LTV | 92.50% | - |
LT | 94.50% | - |
Liquidation Penalty | 1.00% | - |
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
- Publish a standard ARFC, collect community & service provider feedback before escalating proposal to AIP.
- Publish an AIP vote for final confirmation and enforcement of the proposal.
Copyright
Copyright and related rights waived under CC0.