# Proposal: Add support for iBTC and iETH on Liqwid v1 (UPDATED MARKET PARAMETERS)

**URL:** <https://gov.liqwid.finance/t/proposal-add-support-for-ibtc-and-ieth-on-liqwid-v1-updated-market-parameters/1276>\
**Category:** New Markets\
**Created:** [July 21, 2023, 12:56pm UTC](https://gov.liqwid.finance/t/proposal-add-support-for-ibtc-and-ieth-on-liqwid-v1-updated-market-parameters/1276 "2023-07-21T12:56:39Z")\
**Posts on this page:** 6\
**Page:** 1

<div class="post-metadata">

**Author:** ![DC1](https://yyz2.discourse-cdn.com/flex010/user_avatar/gov.liqwid.finance/dc1/32/171_2.png) [@DC1](https://gov.liqwid.finance/u/DC1)\
**Post date:** [July 21, 2023, 12:56pm UTC](https://gov.liqwid.finance/t/proposal-add-support-for-ibtc-and-ieth-on-liqwid-v1-updated-market-parameters/1276/1 "2023-07-21T12:56:39Z")

</div>

Following an analysis of the Aave v2 market parameters for wBTC and the resulting interest rate curve and community feedback on the iUSD market parameters an updated set of market parameters for the iBTC and iETH markets are being proposed.

The wrapped BTC interest rate model can be viewed here: [Aave - Open Source Liquidity Protocol](https://app.aave.com/reserve-overview/?underlyingAsset=0x2260fac5e5542a773aa44fbcfedf7c193bc2c599&marketName=proto_mainnet)

Due to the similarities of the Indigo iBTC and iETH assets (i.e. market cap, daily volume, liquidity, protocol risk) we propose the exact same market parameters for iBTC as for iETH.

The initial market parameters can be viewed in the original new markets temp check here: [http://govnew.liqwid.finance/t/proposal-add-support-for-indigo-iassets-iusd-ibtc-ieth-on-liqwid-v1/987](http://govnew.liqwid.finance/t/proposal-add-support-for-indigo-iassets-iusd-ibtc-ieth-on-liqwid-v1/987)

The updated market params are as follows

 ![Screen Shot 2023-07-21 at 4.11.08 PM](https://canada1.discourse-cdn.com/flex010/uploads/liqwid/original/1X/804c0664f3910ad18f7a2cba44e6c263de1252d9.png)

The resultant interest rate curve is as follows:

 ![Screen Shot 2023-07-21 at 4.12.10 PM](https://canada1.discourse-cdn.com/flex010/uploads/liqwid/original/1X/8c61923ea016ce25e1ddfdee24461159a559c736.png)

There are no changes to the initially proposed risk parameters:

 ![Screen Shot 2023-07-21 at 3.16.54 PM](https://canada1.discourse-cdn.com/flex010/uploads/liqwid/original/1X/ab62186f1e957527280786d5cadf608a664a52f4.png)

Do you support this proposal to add iBTC and iETH lending and borrowing markets on Liqwid v1?

_Poll ([view on site](https://gov.liqwid.finance/t/proposal-add-support-for-ibtc-and-ieth-on-liqwid-v1-updated-market-parameters/1276/1))_

---

<div class="post-metadata">

**Author:** ![fchimaobi1](https://yyz2.discourse-cdn.com/flex010/user_avatar/gov.liqwid.finance/fchimaobi1/32/125_2.png) [@fchimaobi1](https://gov.liqwid.finance/u/fchimaobi1)\
**Post date:** [July 21, 2023, 3:47pm UTC](https://gov.liqwid.finance/t/proposal-add-support-for-ibtc-and-ieth-on-liqwid-v1-updated-market-parameters/1276/2 "2023-07-21T15:47:56Z")

</div>

Love this proposal! Indigo & Liqwid: 🤝

---

<div class="post-metadata">

**Author:** ![itzDanny](https://yyz2.discourse-cdn.com/flex010/user_avatar/gov.liqwid.finance/itzdanny/32/746_2.png) [@itzDanny](https://gov.liqwid.finance/u/itzDanny)\
**Post date:** [July 21, 2023, 6:24pm UTC](https://gov.liqwid.finance/t/proposal-add-support-for-ibtc-and-ieth-on-liqwid-v1-updated-market-parameters/1276/3 "2023-07-21T18:24:26Z")

</div>

voted yes and will vote the same on-chain, we need more markets

---

<div class="post-metadata">

**Author:** ![Shaffalahien](https://avatars.discourse-cdn.com/v4/letter/s/bcef8e/32.png) [@Shaffalahien](https://gov.liqwid.finance/u/Shaffalahien)\
**Post date:** [July 22, 2023, 3:36am UTC](https://gov.liqwid.finance/t/proposal-add-support-for-ibtc-and-ieth-on-liqwid-v1-updated-market-parameters/1276/4 "2023-07-22T03:36:02Z")

</div>

Agreed, now that things have gotten pretty clean with the UX let’s get some opportunities lined up for deFi users.

---

<div class="post-metadata">

**Author:** ![TNT1](https://yyz2.discourse-cdn.com/flex010/user_avatar/gov.liqwid.finance/tnt1/32/449_2.png) [@TNT1](https://gov.liqwid.finance/u/TNT1)\
**Post date:** [July 30, 2023, 8:09am UTC](https://gov.liqwid.finance/t/proposal-add-support-for-ibtc-and-ieth-on-liqwid-v1-updated-market-parameters/1276/5 "2023-07-30T08:09:42Z")

</div>

Will there be LQ rewards for iBTC and iETH depositors? I ask

---

<div class="post-metadata">

**Author:** ![TNT1](https://yyz2.discourse-cdn.com/flex010/user_avatar/gov.liqwid.finance/tnt1/32/449_2.png) [@TNT1](https://gov.liqwid.finance/u/TNT1)\
**Post date:** [July 30, 2023, 8:14am UTC](https://gov.liqwid.finance/t/proposal-add-support-for-ibtc-and-ieth-on-liqwid-v1-updated-market-parameters/1276/6 "2023-07-30T08:14:01Z")

</div>

INDY rewards can be earned by depositing iBTC and iETH into Liqwid syncing with the Indigo vault in a similar way (so to speak) to how ADA staking is done. I ask
