SIP-411: Enable cbETH and cbBTC as Perps collateral on Base

Author
StatusDraft
TypeGovernance
NetworkBase
ImplementorTBD
ReleaseTBD
Created2024-09-23

Simple Summary

Enable Coinbase Wrapped Staked ETH and Coinbase Bitcoin as perps collateral on Base.

Abstract

Enable Coinbase Wrapped Staked ETH and Coinbase Bitcoin as perps collateral on Base.

Motivation

As Base deployment is managed by Coinbase, Coinbase wrapped assets are expected to be widely used in the rollup. Listing cbETH and cbBTC bring the Base deployment closer to the ecosystem.

Specification

cbETH token address on Base: 0x2ae3f1ec7f1f5012cfeab0185bfc7aa3cf0dec22
cbBTC token address on Base: 0xcbb7c0000ab88b473b1f5afd9ef808440eed33bf

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.