Simple Summary

Freeze wstETH on Plasma instance

Motivation

Last week, Lido announced that Chainlink's CCIP will be the official cross-chain infrastructure for wstETH. While the wstETH representation on Plasma was already deployed through CCIP, it was unfortunately not set up in a fully future-proof manner.

Together with Chainlink, they have decided to redeploy the token contract to ensure the deployment is in line with the new cross-chain strategy. They ask us to deprecate the asset.

Right now, there is about 0.044 wstETH on Aave Plasma instance / 0.12 wstETH on Plasma.

Specification

If passed, this AIP will freeze wstETH reserve on Plasma, preventing new deposits, borrows, or collateral enablement.

Copyright

Copyright and related rights waived under CC0

References

• Implementation: AaveV3Plasma
• Tests: AaveV3Plasma
• Discussion

Copyright

Copyright and related rights waived via CC0.