List wstETH as a collateral asset on Seamless Protocol

Background:

Lido Finance is a family of open-source peer-to-system software tools deployed functioning on Ethereum and Polygon. It is mainly known for enabling users to stake their tokens with validators to receive rewards from validation activities on the blockchain while being able to use the token on-chain in various capacity including as collateral on money markets.

In November 2023, Lido DAO has officially accepted ownership of the wstETH bridging components on Base, bringing wstETH over to Base. 2.5k wstETH has been bridged over to Base thus far.

Proposal:

Seamless is the lending market that has seen the fastest growth in terms of TVL on Base. wstETH is an asset that lends itself well to lending markets. I am proposing to get wstETH as a collateral asset on Seamless. Having wstETH as a collateral asset on Seamless will doors for strategies like leveraged staking and enable users on Seamless to be more efficient with their capital.

As recommended by Chaos Labs, here are the parameters that should be set for listing wstETH as a collateral.

These parameters set should ensure that wstETH can be used safely as a collateral on Seamless Protocol.