[TEMP CHECK] Onboard LsETH to Aave V3 Core Instance

[TEMP CHECK] Onboard LsETH to Aave V3 Core Instance

Author: ACI

Date: 2025-07-22

Summary

This is a TEMP CHECK to gauge community sentiment for onboarding Liquid Collective’s LsETH on Aave V3 Core.

Motivation

LsETH is an Ether liquid staking token. It’s unique in that it meets the security and compliance standards needed to serve both individual and institutional participants, and LsETH has recently gained traction with the Ethereum Treasury Company market.

Over the past two months TVL has rapidly increased as the Crypto Treasury Company sector has gained traction, with TVL currently sitting around $1.3bn. We believe this sector will continue to see growth and present a set of new users to introduce to Aave.

Chain to be deployed/listed

Aave v3 Core instance on Ethereum mainnet.

Proof of Liquidity and Deposit Commitments

• $200m of lsETH deposits are committed in the first 3 months after onboarding.
• 0.25-1% of token is committed to Aave incentives post-TGE.

Specification

Token Contract: 0x8c1bed5b9a0928467c9b1341da1d7bd5e10b6549

Risk Parameters:

Initial Risk Parameters will be provided by Risk service providers during the ARFC phase.

Useful Links

Dune dashboard: https://dune.com/liquidcollective/liquidcollective

Docs: https://docs.liquidcollective.io/v1/

Disclaimer

The Aave Chan Initiative is not directly affiliated with Liquid Collective and did not receive compensation for creating this proposal.

Next Steps

1. Period of discussion on this TEMP CHECK.
2. TEMP CHECK Snapshot vote for this proposal.
3. If TEMP CHECK is a YAE, publish a standard ARFC, collect community & service providers feedback before escalating proposal to ARFC snapshot stage.
4. If the ARFC snapshot outcome is YAE, publish an AIP vote for final confirmation and enforcement of the proposal.

Copyright

Copyright and related rights waived under CC0.