# Proposal to add weETH market to FiRM **URL:** \ **Category:** FiRM\ **Created:** [July 20, 2024, 9:41am UTC](https://forum.inverse.finance/t/proposal-to-add-weeth-market-to-firm/438 "2024-07-20T09:41:39Z")\ **Posts on this page:** 6\ **Page:** 1
**Author:** ![ratchet](https://avatars.discourse-cdn.com/v4/letter/r/d26b3c/32.png) [@ratchet](https://forum.inverse.finance/u/ratchet)\ **Post date:** [July 20, 2024, 9:41am UTC](https://forum.inverse.finance/t/proposal-to-add-weeth-market-to-firm/438/1 "2024-07-20T09:41:39Z")
weETH is the leading liquid restaking project with a huge market share. There is currently more than $2B of it in the AAVE v3 market, so demand for leverage/borrowing is strong for this asset. Users are leveraging wstETH market will probably use weETH market. With our lower and fixed rate we can lure a good share of that borrowing demand towards FiRM, just like wstETH. We need a risk analysis from the risk working group to ensure the asset is safe and determine the best parameters for the market. Then its the usual step : **On-Chain Actions** - Add weETH Market to DBR contract - Set borrowController of Market to FiRM BorrowController - Set FiRM Oracle price feed for weETH to the deployed Chainlink weETH/USD PriceFeed contract - Set market supply ceiling to XXX DOLA - Set daily limit in BorrowController to XXX DOLA - Set Collateral Factor to XX% - Set Liquidation Factor to XX% - Set Liquidation Incentive to XX% - Set Minimum Debt Amount in BorrowController to XXX DOLA - Set stalenessThreshold for COMP market to XXX ---
**Author:** ![edo](https://sea1.discourse-cdn.com/inverse/user_avatar/forum.inverse.finance/edo/32/157_2.png) [@edo](https://forum.inverse.finance/u/edo)\ **Post date:** [July 24, 2024, 10:31am UTC](https://forum.inverse.finance/t/proposal-to-add-weeth-market-to-firm/438/2 "2024-07-24T10:31:08Z")
Apologies for the delay and thanks for bringing this up to our attention. Having a preliminary look now but sounds promising! ---
**Author:** ![edo](https://sea1.discourse-cdn.com/inverse/user_avatar/forum.inverse.finance/edo/32/157_2.png) [@edo](https://forum.inverse.finance/u/edo)\ **Post date:** [July 29, 2024, 5:51pm UTC](https://forum.inverse.finance/t/proposal-to-add-weeth-market-to-firm/438/3 "2024-07-29T17:51:59Z")
Update: We’ve just had a productive call with the [Ether.Fi](http://Ether.Fi) team and are keen to move forward with the process. More to come. ---
**Author:** ![ratchet](https://avatars.discourse-cdn.com/v4/letter/r/d26b3c/32.png) [@ratchet](https://forum.inverse.finance/u/ratchet)\ **Post date:** [August 22, 2024, 9:32pm UTC](https://forum.inverse.finance/t/proposal-to-add-weeth-market-to-firm/438/4 "2024-08-22T21:32:28Z")
Any update for this @edo ? weETH is really a big market on Aave and the lower + fixed rate of Inverse could attract some borrowers. Given our biggest markets are WETH and BTC, more less like on Aave, I believe it make sense to add those most wanted and large asset, even if we grasp only a small share of it. Given our size, that would be nice. ---
**Author:** ![edo](https://sea1.discourse-cdn.com/inverse/user_avatar/forum.inverse.finance/edo/32/157_2.png) [@edo](https://forum.inverse.finance/u/edo)\ **Post date:** [August 23, 2024, 6:55pm UTC](https://forum.inverse.finance/t/proposal-to-add-weeth-market-to-firm/438/5 "2024-08-23T18:55:27Z")
We’re unfortunately at a standstill at the moment due to the eETH contract being upgradable behind a 3 day timelock. We have stricter rules against upgradeability compared to Aave, though it is still surprising they approved the market given this fact. If the [Ether.Fi](http://Ether.Fi) team extend the timelock to a duration greater than our governance process we would reconsider. bdglabs does a good job of outlining the upgradable risks here - [[ARFC] Onboard weETH to Aave v3 on Ethereum - #8 by bgdlabs - Governance - Aave](https://governance.aave.com/t/arfc-onboard-weeth-to-aave-v3-on-ethereum/16758/8) ---
**Author:** ![ratchet](https://avatars.discourse-cdn.com/v4/letter/r/d26b3c/32.png) [@ratchet](https://forum.inverse.finance/u/ratchet)\ **Post date:** [August 24, 2024, 12:52pm UTC](https://forum.inverse.finance/t/proposal-to-add-weeth-market-to-firm/438/6 "2024-08-24T12:52:17Z")
I see. What is the duration period again ? I imagine that puffer finance or renzo finance also have upgradeable contract and would have the same challenge? Too bad, it could have been an interesting collateral options.