Summary
The Seamless community would like to add weETH to the Seamless lending markets as a collateral and borrow asset.
Context and motivation
weETH is an important asset on Base and should be listed on Seamless Protocol. Additionally, the community believes a restricted version of weETH should also be listed in preparation to launch an ILM vault using weETH as collateral.
Risk Parameters
weETH
| Parameter | Value |
|---|
| Isolation Mode | No |
| Borrowable | Yes |
| Collateral Enabled | Yes |
| Supply Cap | 900 |
| Borrow Cap | 450 |
| Debt Ceiling | - |
| LTV | 72.5% |
| LT | 75% |
| Liquidation Bonus | 7.50% |
| Liquidation Protocol Fee | 10.00% |
| Reserve Factor | 45.00% |
| Variable Base | 0.00% |
| Variable Slope1 | 7.00% |
| Variable Slope2 | 75.00% |
| Uoptimal | 45.00% |
| E-Mode Category | ETH Correlated |
rweETH
| Parameter | Value |
|---|
| Isolation Mode | No |
| Borrowable | No |
| Collateral Enabled | Yes |
| Supply Cap | 900 |
| Borrow Cap | 0 |
| Debt Ceiling | - |
| LTV | 75% |
| LT | 75% |
| Liquidation Bonus | 7.50% |
| Liquidation Protocol Fee | 10.00% |
| Reserve Factor | 45.00% |
| Variable Base | 0.00% |
| Variable Slope1 | 7.00% |
| Variable Slope2 | 75.00% |
| Uoptimal | 45.00% |
Resources/References
