Aave opens final governance for ezETH collateral on Ethereum Core

What happened

Aave opened an on-chain proposal to add ezETH as collateral to the Ethereum Core instance.

What changed

If executed, ezETH would become non-borrowable collateral with a 50,000-token supply cap and separate wstETH and stablecoin e-modes, including high correlated-mode leverage parameters.

What did not change

The reviewed record does not itself confirm execution or establish that ezETH was live in Ethereum Core on August 12.

Confirmed

• The proposed ezETH contract is 0xbf5495efe5db9ce00f80364c8b423567e58d2110.
• The proposed supply cap is 50,000 ezETH and borrowing is disabled.
• The ezETH/wstETH e-mode proposes 93% LTV and a 95% liquidation threshold.
• The ezETH/stablecoin e-mode proposes 75% LTV and a 78% liquidation threshold.

Still open

• Final vote outcome and execution timing require operative on-chain confirmation.
• Final live oracle, e-mode, cap, and reserve configuration require reconciliation after execution.
• Liquidity concentration and Renzo withdrawal-buffer availability remain material diligence items.

What it means for an advisor

• Monitor final execution before treating ezETH as Ethereum Core collateral.
• Review the leverage, depeg, liquidation-liquidity, Renzo administration, timelock, and withdrawal dependencies introduced by the listing.
• Do not infer safety or client approval from the proposed risk parameters.