wstETH/WETH with exchange rate oracle - market listing

As the Flagship ETH continues to grow, Block Analitica & B.Protocol will submit a cap of 100k WETH to the bbETH Flagship vault for a new wstETH (94.5%) market with a new exchange rate price oracle. The listing transaction will be made in 2 days and the market will be live once the 4 day timelock ends.


Block Analitica wrote an elaborate analysis comparing the exchange rate to the secondary market price oracle for wstETH/ETH - Analysis of Market Price vs Exchange Rate for wstETH.

Market Parameters

Loan token: WETH - 0xc02aaa39b223fe8d0a0e5c4f27ead9083c756cc2

Collateral token: wstETH - 0x7f39c581f595b53c5cb19bd0b3f8da6c935e2ca0

Oracle: wstETH Exchange Rate - 0xbD60A6770b27E084E8617335ddE769241B0e71D8

IRM: Adaptive Curve IRM - 0x870aC11D48B15DB9a138Cf899d20F13F79Ba00BC

LLTV: 94.5%

SupplyCap: 100k WETH

LP Veto

As a reminder any LP that opposes a new supply cap being submitted can set a vote to veto the new cap following this tutorial and using this Snapshot space for the bbETH vault.

For live accurate data on Morpho Blue and MetaMorpho refer to our dashboard.

For any questions or feedback feel free to get in touch with us here or on our social platforms.

Block Analitica - Twitter, Medium, Website

B.Protocol - Twitter, Discord, Medium, Github