Should the community wish to list wstETH on Base v3, Gauntlet recommends the following parameters.
- We recommend enabling ETH-correlated emode for wstETH.
- Given liqudiity profile of wstETH on Base, we do not recommend higher LT/LTV compared to cbETH.
| Risk Parameter | Value |
|---|---|
| Emode | ETH-correlated |
| Isolation Mode | No |
| Borrowable in Isolation | No |
| Stable Borrow | No |
| Enable Borrow | Yes |
| Enable Collateral | Yes |
| Loan To Value (LTV) | 67% |
| Liquidation Threshold | 74% |
| Liquidation Bonus | 6% |
| Reserve Factor | 15% |
| Liquidation Protocol Fee | 10% |
| Supply Cap | 100 wstETH |
| Borrow Cap | 10 wstETH |
| Debt Ceiling | N/A |
| uOptimal | 45% |
| Base | 0% |
| Slope1 | 7% |
| Slope2 | 300% |