SIP-2038: List wstETH on Synthetix Perps
| Author | |
|---|---|
| Status | Rejected |
| Type | Governance |
| Network | Optimism |
| Implementor | TBD |
| Release | TBD |
| Proposal | Loading status... |
| Created | 2023-10-25 |
Simple Summary
List wstETH on Synthetix Perps
Abstract
This is proposal to list Wrapped Staked Ether from Lido futures on Synthetix Perps
Motivation
wstETH is wrapped version of stETH from Lido which does not rebase. It has been used in L2 and other L1. This proposal seek to list wstETH/sUSD futures as a way to hedge onchain. This futures has been requested by Pyth and Lido.
Specification
wstETH is avaliable to borrow from following borrowing protocol:
| Chain | Protocol |
|---|---|
| Ethereum | AAVE V3 |
| Polygon | AAVE V3 |
| Arbitrum | AAVE V3 |
| Optimism | AAVE V3 |
| Ethereum | Spark |
| Arbitrum | Radiant V2 |
| Ethereum | dForce |
| Optimism | Exactly |
| Gnosis | Agave |
| Optimism | Sonne |
| Ethereum | Strike |
| Ethereum | Silo |
| Arbitrum | Dolomite |
| Arbitrum | dForce |
| Arbitrum | Lodestar V1 |
| Optimism | dForce |
| Optimism | Granary |
Rationale
wstETH is a widely-used form of stETH on other L1 and L2 rollup. It can be borrowed across multiple platform and other variant has been listed on Synthetix Perps.
Technical Specification
The perp market will be deployed with Pyth and Chainlink price feed.
Test Cases
N/A
Configurable Values (Via SCCP)
Updated in SCCP-2063.
Copyright
Copyright and related rights waived via CC0.