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

rweETH

Resources/References

• ILM Github - GitHub - seamless-protocol/ilm: integrated liquidity market
• ILM specs - ilm/SPECS.md at main · seamless-protocol/ilm · GitHub
• How the permissioned weETH would work - ilm/src/tokens/WrappedERC20PermissionedDeposit.sol at main · seamless-protocol/ilm · GitHub
• This proposal is prepared with the Seamless Governance Proposals tools
• Proposal actions and tests can be found here
• Discourse thread can be found here