RP & ERC4626 Review - waMonUSDe on Monad

[tiago-hansen]

Additional Contract Information

• Is the rate provider reporting for a stable coin/FX/Yield tracking?
• Is the rate provider reporting a market rate?
• Is a combined rate provider needed (i.e. wstETH in aave)?
• Does this rate provider pertain to an ERC4626 contract?
• If so, is the intention for this ERC4626 asset to be boosted?
• If so, is the Buffer already initialized
• If so, shall the underlying asset be used to add/remove liquidity in a pool if possible? (i.e. add USDC for waUSDC)
• If so, shall the wrapped asset also be used to add/remove liquidity in a pool? (i.e. add waUSDC directly)

Network

monad

Rate provider contract address

0x0774D587d1CEe1bB1456A734cA8c279d51B07A59

Asset contract address

0xDc00342D80de85a8b843Dab1f29bb407B3abeB64

audits

https://aave.com/security

Protocol Documentation

The rate provider is used to provide the rate of waMonUSDe in terms of underlying USDe using its ERC4626 contract. No combined rate provider is required because the underlying USDe is not itself yield bearing.

ERC4626 Asset contract address

0xDc00342D80de85a8b843Dab1f29bb407B3abeB64

ERC4626 Asset contract audits

https://aave.com/security

ERC4626 Asset contract documentation

The waMonUSDe ERC4626 vault is a Static aToken wrapper developed by Aave that wraps Aave V3's interest-bearing aToken (USDe supplied to the Aave Monad market) into a non-rebasing ERC4626 token whose value continuously appreciates as lending yield accrues.

Link to passing fork tests

balancer/balancer-v3-erc4626-tests#147

Terms and Conditions

• The protocol to be integrated has been audited by at least one security firm or independent researcher.
• If deployed, the contract & all involved downstream contracts are verified on etherscan.
• The contract does not rely upon an EOA to supply any critical data (e.g., price).
• If upgradeable, the contract's administrator is not an EOA.