source avatarTruu🐻‍❄️

Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy

AAVE's listing policy needs to change. rsETH on Ethereum ≠ rsETH on Arbitrum. lending markets price them identically... Three things need to change: 1. Wrapped collateral should inherit the bridge's trust assumptions, lower LTV, tighter caps, isolated from main pools. -> One bridge exploit shouldn't nuke the whole market. 2. Oracles should verify the source-chain peg, not just read the wrapper's price. If fake rsETH gets minted on L2, the oracle should notice the backing is gone, not keep pricing it at 1 ETH. 3. Risk scorecards that rate an LRT the same on every chain it's wrapped onto are going to age badly. A token is only as safe as the weakest link between you and the underlying. Bridged collateral is the next frontier of DeFi risk modeling. It's time to work together and make DeFI safer. Who's with me?

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.