Add rETH Market to Moonwell on Mainnet

Thanks for the reply. Since there has already been a detailed analysis of rETH previously, I’d like to focus on providing an update here with our latest data and mainnet status.

Rocket Pool Staked ETH (rETH) Metrics

  • Token address: * 0xae78736Cd615f374D3085123A210448E74Fc6393
  • TVL: 566,552 ($1.313b)
  • Market share: 3.75%
  • LSD Over-collateralization: Yes, staked RPL
  • Fee: 14%
  • Correlation penalty risk profile: Low
  • Quadratic leaking risk profile: Low

Liquidity

Peg - 1% price impact

Others

We hope the protocol can use the contract rate for the oracle instead of the Chainlink market price feed. Regarding rETH unstaking, support for active unstaking by stakers will be included in the next upgrade, which will significantly enhance peg stability and expand use cases. Additionally, support high LTV use cases for rETH/ETH if possible.