Simple Summary

This proposal seeks to onboard rsETH to the Aave V3 deployment on the Linea network.

As the onboarding of rsETH has already been approved and executed on the Ethereum, Arbitrum, and Base Aave V3 instances, this proposal follows the Direct-to-AIP path to extend rsETH support to the Linea instance without repeating the full ARFC process.

Motivation

rsETH is a liquid staking token issued by Kelp DAO, offering users access to rewards from ETH staking while maintaining liquidity and DeFi composability. Its integrations on Aave across other networks have proven successful in terms of risk profile and utility.

Given that:

• rsETH has already passed governance and risk assessments for Ethereum, Arbitrum, and Base,

• Linea is a supported Aave V3 deployment with growing activity and integration potential,

• A precedent has been set for using the Direct-to-AIP path when onboarding previously approved assets to new instances,

This proposal aims to onboard rsETH to Linea V3 under the same configuration parameters used for other L2s, adjusted for market conditions where appropriate.

Specification

The table below illustrates the configured risk parameters for wrsETH

Oracle and CAPO parameters:

Additionally 0xdef1FA4CEfe67365ba046a7C630D6B885298E210 has been set as the emission admin for wrsETH and the corresponding aToken.

References

• Implementation: AaveV3Linea
• Tests: AaveV3Linea
• Snapshot: Direct-to-AIP
• Discussion

Copyright

Copyright and related rights waived via CC0.