Executed

SIP-48 Proposal for enable rETH market


ID 48

ID 48

Proposed on: Feb 11th, 2024

Proposed on: Feb 11th, 2024

Votes

Actions

Type

Address

Details

Custom

0xe2e1...2602

_setCollateralFactor(..)

Custom

Account

0xe2e1...2602

Method

_setCollateralFactor(..)

Custom

0x34c9...46e3

_acceptAdmin(..)

Custom

Account

0x34c9...46e3

Method

_acceptAdmin(..)

Proposal

Summary

This proposal aims to activate the Rocket Pooled ETH (rETH) token market into the Strike protocol.

Motivation

The inclusion of the rETH market was initially proposed in Proposal 47. To enhance security, the collateral factor for the rETH market was initially set to 0. After thorough verification of the protocol’s safe operation post-listing, we propose adjusting the collateral factor to 70%, as previously discussed in the community forum. This adjustment will activate the market and further strengthen security measures.

rETH Market Parameter Adjustment

Collateral Factor: 70%

We welcome your feedback and opinion on this proposal.

Votes
Status