# Add wrsETH market to Moonwell on Base & Optimism

**URL:** <https://forum.moonwell.fi/t/add-wrseth-market-to-moonwell-on-base-optimism/1144>\
**Category:** Community Proposal\
**Created:** [July 30, 2024, 3:22pm UTC](https://forum.moonwell.fi/t/add-wrseth-market-to-moonwell-on-base-optimism/1144 "2024-07-30T15:22:59Z")\
**Posts on this page:** 1\
**Showing post:** 7

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**Author:** ![Gauntlet](https://dub1.discourse-cdn.com/flex017/user_avatar/forum.moonwell.fi/gauntlet/32/780_2.png) [@Gauntlet](https://forum.moonwell.fi/u/Gauntlet)\
**Post date:** [October 9, 2024, 10:36pm UTC](https://forum.moonwell.fi/t/add-wrseth-market-to-moonwell-on-base-optimism/1144/7 "2024-10-09T22:36:18Z")

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# Gauntlet’s wrsETH Recommendation - Optimism

Gauntlet has conducted a market risk analysis for rsETH on Optimism for the initial asset listing

## Summary

We recommend onboarding wrsETH as collateral on Moonwell OP deployment with the following risk recommendations.

### Risk Parameter Recommendations

| Parameters | Values |
| --- | --- |
| CF | 74% |
| Supply Cap | 400 |
| Borrow Cap | 160 |
| Protocol Seize Share | 3% |

### IR Recommendations

| IR Parameters | Recommended |
| --- | --- |
| Base | 0 |
| Kink | 0.35 |
| Multiplier | 0.15 |
| Jump Multiplier | 4.5 |
| Reserve Factor | 0.15 |

### Supporting Data

### Supply and Borrow Caps

**DEX Liquidity as of 10/9/24**

| Dex Category | TVL(mil) | URL |
| --- | --- | --- |
| beethoven\_x\_optimism (Balancer) | 2.21 | [Link](https://www.geckoterminal.com/optimism/pools/0x73a7fe27fe9545d53924e529acf11f3073841b9e) |
| beethoven\_x\_optimism (Balancer) | 1.14 | [Link](https://www.geckoterminal.com/optimism/pools/0xcb7d357c84b101e3d559ff4845cef63d7d0753ef) |
| velodrome-finance-v2 | 0.56 | [Link](https://www.geckoterminal.com/optimism/pools/0xe48b4e392e4fc29ac2600c3c8efe0404a15d60d9) |

**Total TVL: $3.91M**

Gauntlet assumes the use of Market Rate Oracles, and therefore recommend setting the supply cap at 400 wrsETH and borrow cap at 160 wrsETH.

### Collateral Factor, IR Parameters

We recommend aligning the CF and IR Parameters for the rsETH Optimism instance to that of the Base instance.

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_[View the full topic](https://forum.moonwell.fi/t/add-wrseth-market-to-moonwell-on-base-optimism/1144)._