Aave executes wstETH and wrsETH onboarding on Plasma

What happened

Aave governance executed proposal 393, onboarding wstETH and wrsETH to the Aave V3 Plasma instance.

What changed

Both assets became configured collateral reserves with 20,000-unit supply caps and dedicated capped-oracle paths. wstETH was enabled for borrowing; wrsETH was not. Separate E-mode configurations permitted materially higher leverage than the base settings.

What did not change

Execution did not change native Lido staking or withdrawal contracts, expand Ketju's Ethereum-only Aave approval, or establish suitability for bridged or multi-wrap collateral on Plasma.

Confirmed

• Proposal 393 reached executed status on October 19.
• Both wstETH and wrsETH received 20,000-unit supply caps.
• wstETH was configured as borrowable; wrsETH was configured as non-borrowable.
• The proposal specified 94%/96% wstETH E-mode LTV and liquidation threshold and 93%/95% wrsETH E-mode values.

Still open

• Live reserve liquidity, utilization, liquidation performance, and bridge or representation risks on Plasma.
• Whether the high E-mode settings remain robust during staking-token or chain-specific stress.

What it means for an advisor

• Monitor the Plasma reserves as chain-specific, oracle, and wrapped-staking dependencies of Aave.
• Do not treat the new reserves as equivalent to native Ethereum wstETH or as covered by the approved Aave sleeve.