[SIP-020] Onboard Bedrock Aggregator and Silos on Sturdy

Summary

This proposal seeks to whitelist the Bedrock aggregator and silos on the Sturdy UI.

About uniETH & Bedrock

Bedrock is a non-custodial liquid native restaking solution designed with strong roots in crypto staking infrastructure. Designed to natively restake and harness additional EigenLayer rewards, Bedrock brings together institutional-grade security and additional yield to liquid staking ETH.

Bedrock offers a suite of products that include Liquid Restaking / Staking Tokens (LRT / LST) for Ethereum & IOTEX. Bedrock utilizes its universal (uni) standard to unlock liquidity and maximum value in PoS tokens, such as ETH & IOTX, with existing liquid staking tokens called uniETH & uniIOTX.

Bedrock’s universal token model represents:

• The staked PoS tokens in Bedrock
• All future staking rewards from staking on-chain
• EigenLayer & Bedrock Points
• uniToken is non-rebasing

TVL: $170 Mn+ ETH Restaked: 36.5k

IOTX Staked: 441m Number of users: 3.3k+ Assets Supported: ETH

Silos

Bedrock proposes to add the following to the Sturdy UI.

Silo 1

Network: Ethereum Mainnet

Lending/borrowing asset: WETH

Collateral asset: uniETH

LTV: 90%

Liquidation fee: 3%

Silo 2

Network: Ethereum Mainnet

Lending/borrowing asset: WETH

Collateral asset: PT-uniETH (generated on Pendle)

LTV: 85%

Liquidation fee: 5%

Silo 3

Network: Ethereum Mainnet

Lending/borrowing asset: WETH

Collateral asset: Curve LP-uniETH (generated on Curve)

LTV: 85%

Liquidation fee: 5%

Aggregator

Lending asset: WETH

Initial whitelisted silos: uniETH, PT-uniETH, Curve LP-uniETH