SIP-409: Enable WETH as Perps Collateral on Base

Author
StatusDraft
TypeGovernance
NetworkBase
ImplementorTBD
ReleaseTBD
Created2024-09-23

Simple Summary

Enable Wrapped Ether as Collateral for Perps on Base.

Abstract

Enable Wrapped Ether as Collateral for Perps on Base.

Motivation

Ether is the first and the most universal asset on Ethereum. Therefore it make sense to have it as collateral on Perps.

Specification

WETH token address on Base: 0x4200000000000000000000000000000000000006

Technical Specification

N/A

Test Cases

N/A

Configurable Values (Via SCCP)

The configurable values will use the perps' collateral configuration with following SCCP.

Copyright and related rights waived via CC0.