# Moonwell MIP-B10 Proposal Diff Report

This document reports the impact of the execution of [MIP-B10 proposal](https://forum.moonwell.fi/t/mip-b10-onboard-reth-as-collateral-on-base-deployment/) on Moonwell Base.

All diffs detected by the simulation are <mark style="background-color:orange;">highlighted in orange</mark>

The simulation executes the proposal on chain on a local fork. The state of the protocol is compared before and after the proposal is executed.

## Proposal calldata

```
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```

## Execution results

MIP-B10 was successfully executed on a Hardhat fork at block #[6642415](https://basescan.org/block/6644887) (Nov-15-2023 08:12:01 PM +UTC)

* ✅ No regression detected on already existing markets (WETH, USDC, USDbC, DAI, cbETH, wstETH)
* ✅ No accounts are liquidatable
* ✅ Parameters are same as specified in proposal
* ✅ rETH market is correctly initialized
  * ✅ Decimals for all parameters are correct
  * ✅ All borrow-side reward rates are greater than 0
  * ✅ Hundred Finance exploit is correctly mitigated (market total supply is greater than 0)
  * ✅ Parameters are same as specified in proposal
* ✅ The proposal passes [sanity check tests](#sanity-check-tests)

Original execution report (including raw contract values):

## Global parameters

<table data-full-width="true"><thead><tr><th>Parameter</th><th>Liquidation Incentive</th><th>Close Factor</th></tr></thead><tbody><tr><td>Before</td><td>110%</td><td>0.5%</td></tr><tr><td>After</td><td>110%</td><td>0.5%</td></tr></tbody></table>

## mUSDC

[View on block explorer](https://basescan.org/address/0xedc817a28e8b93b03976fbd4a3ddbc9f7d176c22)

<table data-full-width="true"><thead><tr><th>Parameter</th><th>Collateral Factor</th><th>Implied Collateral Ratio</th><th>Borrow Cap</th><th>Supply Cap</th></tr></thead><tbody><tr><td>Before</td><td>0.82</td><td>121.951%</td><td>8,500,000<br>8,508,500 USD</td><td>10,000,000<br>10,010,000 USD</td></tr><tr><td>After</td><td>0.82</td><td>121.951%</td><td>8,500,000<br>8,508,500 USD</td><td>10,000,000<br>10,010,000 USD</td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>IRM Parameter</th><th>Base rate</th><th>Multiplier</th><th>Kink</th><th>Jump Multiplier</th><th>Reserve Factor</th><th>Contract</th></tr></thead><tbody><tr><td>Before</td><td>0%</td><td>0.045</td><td>0.8</td><td>8.6</td><td>0.15</td><td><a href="https://basescan.org/address/0x492dcEF1fc5253413fC5576B9522840a1A774DCe">0x492dcEF1fc5253413fC5576B9522840a1A774DCe</a></td></tr><tr><td>After</td><td>0%</td><td>0.045</td><td>0.8</td><td>8.6</td><td>0.15</td><td><a href="https://basescan.org/address/0x492dcEF1fc5253413fC5576B9522840a1A774DCe">0x492dcEF1fc5253413fC5576B9522840a1A774DCe</a></td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Key borrow rates</th><th>Base</th><th>Kink</th><th>Max</th></tr></thead><tbody><tr><td>Before</td><td>0%</td><td>3.6%</td><td>175.6%</td></tr><tr><td>After</td><td>0%</td><td>3.6%</td><td>175.6%</td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Key supply rates</th><th>Base</th><th>Kink</th><th>Max</th></tr></thead><tbody><tr><td>Before</td><td>0%</td><td>2.448%</td><td>149.26%</td></tr><tr><td>After</td><td>0%</td><td>2.448%</td><td>149.26%</td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Borrow rates</th><th>0%</th><th>10%</th><th>20%</th><th>30%</th><th>40%</th><th>50%</th><th>60%</th><th>70%</th><th>80%</th><th>90%</th><th>100%</th></tr></thead><tbody><tr><td>Before</td><td>0%</td><td>0.45%</td><td>0.9%</td><td>1.35%</td><td>1.8%</td><td>2.25%</td><td>2.7%</td><td>3.15%</td><td>3.6%</td><td>89.6%</td><td>175.6%</td></tr><tr><td>After</td><td>0%</td><td>0.45%</td><td>0.9%</td><td>1.35%</td><td>1.8%</td><td>2.25%</td><td>2.7%</td><td>3.15%</td><td>3.6%</td><td>89.6%</td><td>175.6%</td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Supply rates</th><th>0%</th><th>10%</th><th>20%</th><th>30%</th><th>40%</th><th>50%</th><th>60%</th><th>70%</th><th>80%</th><th>90%</th><th>100%</th></tr></thead><tbody><tr><td>Before</td><td>0%</td><td>0.038%</td><td>0.153%</td><td>0.344%</td><td>0.612%</td><td>0.956%</td><td>1.377%</td><td>1.874%</td><td>2.448%</td><td>68.544%</td><td>149.26%</td></tr><tr><td>After</td><td>0%</td><td>0.038%</td><td>0.153%</td><td>0.344%</td><td>0.612%</td><td>0.956%</td><td>1.377%</td><td>1.874%</td><td>2.448%</td><td>68.544%</td><td>149.26%</td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Market State</th><th>Total Supply</th><th>Total Borrows</th><th>Utilization</th><th>Supply cap utilization</th><th>Borrow cap utilization</th><th>Supply rate</th><th>Borrow rate</th></tr></thead><tbody><tr><td>Before</td><td>4,641,945.533<br>4,646,587.478 USD</td><td>3,723,205.813<br>3,726,929.018 USD</td><td>80.208%</td><td>46.419%</td><td>43.802%</td><td>3.673%<br>7.694% Total</td><td>5.388%<br>5.388% Total</td></tr><tr><td>After</td><td>4,641,945.533<br>4,646,587.478 USD</td><td>3,723,205.813<br>3,726,929.018 USD</td><td>80.208%</td><td>46.419%</td><td>43.802%</td><td>3.673%<br>7.694% Total</td><td>5.388%<br>5.388% Total</td></tr></tbody></table>

### WELL Reward Stream

<table data-full-width="true"><thead><tr><th>Supply-side</th><th>Emissions per sec</th><th>APR</th></tr></thead><tbody><tr><td>Before</td><td>1.14111149267399</td><td>4.021289725205514%</td></tr><tr><td>After</td><td>1.14111149267399</td><td>4.021289725205514%</td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Borrow-side</th><th>Emissions per sec</th><th>APR</th></tr></thead><tbody><tr><td>Before</td><td>1e-18</td><td>4.393597628181e-18%</td></tr><tr><td>After</td><td>1e-18</td><td>4.393597628181e-18%</td></tr></tbody></table>

### USDC Reward Stream

<table data-full-width="true"><thead><tr><th>Supply-side</th><th>Emissions per sec</th><th>APR</th></tr></thead><tbody><tr><td>Before</td><td>0</td><td>0%</td></tr><tr><td>After</td><td>0</td><td>0%</td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Borrow-side</th><th>Emissions per sec</th><th>APR</th></tr></thead><tbody><tr><td>Before</td><td>0.000001</td><td>8.470119995164396e-16%</td></tr><tr><td>After</td><td>0.000001</td><td>8.470119995164396e-16%</td></tr></tbody></table>

## mUSDC

[View on block explorer](https://basescan.org/address/0x703843C3379b52F9FF486c9f5892218d2a065cC8)

<table data-full-width="true"><thead><tr><th>Parameter</th><th>Collateral Factor</th><th>Implied Collateral Ratio</th><th>Borrow Cap</th><th>Supply Cap</th></tr></thead><tbody><tr><td>Before</td><td>0.8</td><td>125%</td><td>4,000,000<br>4,028,000 USD</td><td>5,000,000<br>5,035,000 USD</td></tr><tr><td>After</td><td>0.8</td><td>125%</td><td>4,000,000<br>4,028,000 USD</td><td>5,000,000<br>5,035,000 USD</td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>IRM Parameter</th><th>Base rate</th><th>Multiplier</th><th>Kink</th><th>Jump Multiplier</th><th>Reserve Factor</th><th>Contract</th></tr></thead><tbody><tr><td>Before</td><td>0%</td><td>0.045</td><td>0.8</td><td>8.6</td><td>0.15</td><td><a href="https://basescan.org/address/0x492dcEF1fc5253413fC5576B9522840a1A774DCe">0x492dcEF1fc5253413fC5576B9522840a1A774DCe</a></td></tr><tr><td>After</td><td>0%</td><td>0.045</td><td>0.8</td><td>8.6</td><td>0.15</td><td><a href="https://basescan.org/address/0x492dcEF1fc5253413fC5576B9522840a1A774DCe">0x492dcEF1fc5253413fC5576B9522840a1A774DCe</a></td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Key borrow rates</th><th>Base</th><th>Kink</th><th>Max</th></tr></thead><tbody><tr><td>Before</td><td>0%</td><td>3.6%</td><td>175.6%</td></tr><tr><td>After</td><td>0%</td><td>3.6%</td><td>175.6%</td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Key supply rates</th><th>Base</th><th>Kink</th><th>Max</th></tr></thead><tbody><tr><td>Before</td><td>0%</td><td>2.448%</td><td>149.26%</td></tr><tr><td>After</td><td>0%</td><td>2.448%</td><td>149.26%</td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Borrow rates</th><th>0%</th><th>10%</th><th>20%</th><th>30%</th><th>40%</th><th>50%</th><th>60%</th><th>70%</th><th>80%</th><th>90%</th><th>100%</th></tr></thead><tbody><tr><td>Before</td><td>0%</td><td>0.45%</td><td>0.9%</td><td>1.35%</td><td>1.8%</td><td>2.25%</td><td>2.7%</td><td>3.15%</td><td>3.6%</td><td>89.6%</td><td>175.6%</td></tr><tr><td>After</td><td>0%</td><td>0.45%</td><td>0.9%</td><td>1.35%</td><td>1.8%</td><td>2.25%</td><td>2.7%</td><td>3.15%</td><td>3.6%</td><td>89.6%</td><td>175.6%</td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Supply rates</th><th>0%</th><th>10%</th><th>20%</th><th>30%</th><th>40%</th><th>50%</th><th>60%</th><th>70%</th><th>80%</th><th>90%</th><th>100%</th></tr></thead><tbody><tr><td>Before</td><td>0%</td><td>0.038%</td><td>0.153%</td><td>0.344%</td><td>0.612%</td><td>0.956%</td><td>1.377%</td><td>1.874%</td><td>2.448%</td><td>68.544%</td><td>149.26%</td></tr><tr><td>After</td><td>0%</td><td>0.038%</td><td>0.153%</td><td>0.344%</td><td>0.612%</td><td>0.956%</td><td>1.377%</td><td>1.874%</td><td>2.448%</td><td>68.544%</td><td>149.26%</td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Market State</th><th>Total Supply</th><th>Total Borrows</th><th>Utilization</th><th>Supply cap utilization</th><th>Borrow cap utilization</th><th>Supply rate</th><th>Borrow rate</th></tr></thead><tbody><tr><td>Before</td><td>1,473,235.789<br>1,483,548.44 USD</td><td>1,167,539.681<br>1,175,712.459 USD</td><td>79.25%</td><td>29.465%</td><td>29.188%</td><td>2.402%<br>2.402% Total</td><td>3.566%<br>3.566% Total</td></tr><tr><td>After</td><td>1,473,235.789<br>1,483,548.44 USD</td><td>1,167,539.681<br>1,175,712.459 USD</td><td>79.25%</td><td>29.465%</td><td>29.188%</td><td>2.402%<br>2.402% Total</td><td>3.566%<br>3.566% Total</td></tr></tbody></table>

### WELL Reward Stream

<table data-full-width="true"><thead><tr><th>Supply-side</th><th>Emissions per sec</th><th>APR</th></tr></thead><tbody><tr><td>Before</td><td>0</td><td>0%</td></tr><tr><td>After</td><td>0</td><td>0%</td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Borrow-side</th><th>Emissions per sec</th><th>APR</th></tr></thead><tbody><tr><td>Before</td><td>1e-18</td><td>1.392740747756923e-17%</td></tr><tr><td>After</td><td>1e-18</td><td>1.392740747756923e-17%</td></tr></tbody></table>

### USDC Reward Stream

<table data-full-width="true"><thead><tr><th>Supply-side</th><th>Emissions per sec</th><th>APR</th></tr></thead><tbody><tr><td>Before</td><td>0</td><td>0%</td></tr><tr><td>After</td><td>0</td><td>0%</td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Borrow-side</th><th>Emissions per sec</th><th>APR</th></tr></thead><tbody><tr><td>Before</td><td>0.000001</td><td>2.684970781118181e-15%</td></tr><tr><td>After</td><td>0.000001</td><td>2.684970781118181e-15%</td></tr></tbody></table>

## mWETH

[View on block explorer](https://basescan.org/address/0x628ff693426583D9a7FB391E54366292F509D457)

<table data-full-width="true"><thead><tr><th>Parameter</th><th>Collateral Factor</th><th>Implied Collateral Ratio</th><th>Borrow Cap</th><th>Supply Cap</th></tr></thead><tbody><tr><td>Before</td><td>0.8</td><td>125%</td><td>6,300<br>12,923,190 USD</td><td>10,500<br>21,538,650 USD</td></tr><tr><td>After</td><td>0.8</td><td>125%</td><td>6,300<br>12,923,190 USD</td><td>10,500<br>21,538,650 USD</td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>IRM Parameter</th><th>Base rate</th><th>Multiplier</th><th>Kink</th><th>Jump Multiplier</th><th>Reserve Factor</th><th>Contract</th></tr></thead><tbody><tr><td>Before</td><td>1%</td><td>0.037</td><td>0.8</td><td>4.8</td><td>0.25</td><td><a href="https://basescan.org/address/0x142DCAEC322aAA25141B2597bf348487aDBd596d">0x142DCAEC322aAA25141B2597bf348487aDBd596d</a></td></tr><tr><td>After</td><td>1%</td><td>0.037</td><td>0.8</td><td>4.8</td><td>0.25</td><td><a href="https://basescan.org/address/0x142DCAEC322aAA25141B2597bf348487aDBd596d">0x142DCAEC322aAA25141B2597bf348487aDBd596d</a></td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Key borrow rates</th><th>Base</th><th>Kink</th><th>Max</th></tr></thead><tbody><tr><td>Before</td><td>1%</td><td>3.96%</td><td>99.96%</td></tr><tr><td>After</td><td>1%</td><td>3.96%</td><td>99.96%</td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Key supply rates</th><th>Base</th><th>Kink</th><th>Max</th></tr></thead><tbody><tr><td>Before</td><td>0%</td><td>2.376%</td><td>74.97%</td></tr><tr><td>After</td><td>0%</td><td>2.376%</td><td>74.97%</td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Borrow rates</th><th>0%</th><th>10%</th><th>20%</th><th>30%</th><th>40%</th><th>50%</th><th>60%</th><th>70%</th><th>80%</th><th>90%</th><th>100%</th></tr></thead><tbody><tr><td>Before</td><td>1%</td><td>1.37%</td><td>1.74%</td><td>2.11%</td><td>2.48%</td><td>2.85%</td><td>3.22%</td><td>3.59%</td><td>3.96%</td><td>51.96%</td><td>99.96%</td></tr><tr><td>After</td><td>1%</td><td>1.37%</td><td>1.74%</td><td>2.11%</td><td>2.48%</td><td>2.85%</td><td>3.22%</td><td>3.59%</td><td>3.96%</td><td>51.96%</td><td>99.96%</td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Supply rates</th><th>0%</th><th>10%</th><th>20%</th><th>30%</th><th>40%</th><th>50%</th><th>60%</th><th>70%</th><th>80%</th><th>90%</th><th>100%</th></tr></thead><tbody><tr><td>Before</td><td>0%</td><td>0.103%</td><td>0.261%</td><td>0.475%</td><td>0.744%</td><td>1.069%</td><td>1.449%</td><td>1.885%</td><td>2.376%</td><td>35.073%</td><td>74.97%</td></tr><tr><td>After</td><td>0%</td><td>0.103%</td><td>0.261%</td><td>0.475%</td><td>0.744%</td><td>1.069%</td><td>1.449%</td><td>1.885%</td><td>2.376%</td><td>35.073%</td><td>74.97%</td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Market State</th><th>Total Supply</th><th>Total Borrows</th><th>Utilization</th><th>Supply cap utilization</th><th>Borrow cap utilization</th><th>Supply rate</th><th>Borrow rate</th></tr></thead><tbody><tr><td>Before</td><td>5,664.502<br>11,619,592.486 USD</td><td>3,592.742<br>7,369,792.666 USD</td><td>63.426%</td><td>53.948%</td><td>57.028%</td><td>1.592%<br>4.647% Total</td><td>3.347%<br>3.347% Total</td></tr><tr><td>After</td><td>5,664.502<br>11,619,592.486 USD</td><td>3,592.742<br>7,369,792.666 USD</td><td>63.426%</td><td>53.948%</td><td>57.028%</td><td>1.592%<br>4.647% Total</td><td>3.347%<br>3.347% Total</td></tr></tbody></table>

### WELL Reward Stream

<table data-full-width="true"><thead><tr><th>Supply-side</th><th>Emissions per sec</th><th>APR</th></tr></thead><tbody><tr><td>Before</td><td>2.16811183608059</td><td>3.0553585730259294%</td></tr><tr><td>After</td><td>2.16811183608059</td><td>3.0553585730259294%</td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Borrow-side</th><th>Emissions per sec</th><th>APR</th></tr></thead><tbody><tr><td>Before</td><td>1e-18</td><td>2.2218571453997932e-18%</td></tr><tr><td>After</td><td>1e-18</td><td>2.2218571453997932e-18%</td></tr></tbody></table>

### USDC Reward Stream

<table data-full-width="true"><thead><tr><th>Supply-side</th><th>Emissions per sec</th><th>APR</th></tr></thead><tbody><tr><td>Before</td><td>0</td><td>0%</td></tr><tr><td>After</td><td>0</td><td>0%</td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Borrow-side</th><th>Emissions per sec</th><th>APR</th></tr></thead><tbody><tr><td>Before</td><td>0.000001</td><td>4.283368261340109e-16%</td></tr><tr><td>After</td><td>0.000001</td><td>4.283368261340109e-16%</td></tr></tbody></table>

## mcbETH

[View on block explorer](https://basescan.org/address/0x3bf93770f2d4a794c3d9EBEfBAeBAE2a8f09A5E5)

<table data-full-width="true"><thead><tr><th>Parameter</th><th>Collateral Factor</th><th>Implied Collateral Ratio</th><th>Borrow Cap</th><th>Supply Cap</th></tr></thead><tbody><tr><td>Before</td><td>0.75</td><td>133.333%</td><td>1,000<br>2,153,190 USD</td><td>4,000<br>8,612,760 USD</td></tr><tr><td>After</td><td>0.75</td><td>133.333%</td><td>1,000<br>2,153,190 USD</td><td>4,000<br>8,612,760 USD</td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>IRM Parameter</th><th>Base rate</th><th>Multiplier</th><th>Kink</th><th>Jump Multiplier</th><th>Reserve Factor</th><th>Contract</th></tr></thead><tbody><tr><td>Before</td><td>0%</td><td>0.07</td><td>0.45</td><td>3.15</td><td>0.25</td><td><a href="https://basescan.org/address/0x78Fe5d0427E669ba9F964C3495fF381a805a0487">0x78Fe5d0427E669ba9F964C3495fF381a805a0487</a></td></tr><tr><td>After</td><td>0%</td><td>0.07</td><td>0.45</td><td>3.15</td><td>0.25</td><td><a href="https://basescan.org/address/0x78Fe5d0427E669ba9F964C3495fF381a805a0487">0x78Fe5d0427E669ba9F964C3495fF381a805a0487</a></td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Key borrow rates</th><th>Base</th><th>Kink</th><th>Max</th></tr></thead><tbody><tr><td>Before</td><td>0%</td><td>3.15%</td><td>176.4%</td></tr><tr><td>After</td><td>0%</td><td>3.15%</td><td>176.4%</td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Key supply rates</th><th>Base</th><th>Kink</th><th>Max</th></tr></thead><tbody><tr><td>Before</td><td>0%</td><td>1.063%</td><td>132.3%</td></tr><tr><td>After</td><td>0%</td><td>1.063%</td><td>132.3%</td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Borrow rates</th><th>0%</th><th>10%</th><th>20%</th><th>30%</th><th>40%</th><th>50%</th><th>60%</th><th>70%</th><th>80%</th><th>90%</th><th>100%</th></tr></thead><tbody><tr><td>Before</td><td>0%</td><td>0.7%</td><td>1.4%</td><td>2.1%</td><td>2.8%</td><td>18.9%</td><td>50.4%</td><td>81.9%</td><td>113.4%</td><td>144.9%</td><td>176.4%</td></tr><tr><td>After</td><td>0%</td><td>0.7%</td><td>1.4%</td><td>2.1%</td><td>2.8%</td><td>18.9%</td><td>50.4%</td><td>81.9%</td><td>113.4%</td><td>144.9%</td><td>176.4%</td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Supply rates</th><th>0%</th><th>10%</th><th>20%</th><th>30%</th><th>40%</th><th>50%</th><th>60%</th><th>70%</th><th>80%</th><th>90%</th><th>100%</th></tr></thead><tbody><tr><td>Before</td><td>0%</td><td>0.052%</td><td>0.21%</td><td>0.472%</td><td>0.84%</td><td>7.087%</td><td>22.68%</td><td>42.997%</td><td>68.04%</td><td>97.807%</td><td>132.3%</td></tr><tr><td>After</td><td>0%</td><td>0.052%</td><td>0.21%</td><td>0.472%</td><td>0.84%</td><td>7.087%</td><td>22.68%</td><td>42.997%</td><td>68.04%</td><td>97.807%</td><td>132.3%</td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Market State</th><th>Total Supply</th><th>Total Borrows</th><th>Utilization</th><th>Supply cap utilization</th><th>Borrow cap utilization</th><th>Supply rate</th><th>Borrow rate</th></tr></thead><tbody><tr><td>Before</td><td>2,432.681<br>5,238,023.862 USD</td><td>483.067<br>1,040,135.012 USD</td><td>19.857%</td><td>60.817%</td><td>48.307%</td><td>0.207%<br>3.774% Total</td><td>1.39%<br>1.39% Total</td></tr><tr><td>After</td><td>2,432.681<br>5,238,023.862 USD</td><td>483.067<br>1,040,135.012 USD</td><td>19.857%</td><td>60.817%</td><td>48.307%</td><td>0.207%<br>3.774% Total</td><td>1.39%<br>1.39% Total</td></tr></tbody></table>

### WELL Reward Stream

<table data-full-width="true"><thead><tr><th>Supply-side</th><th>Emissions per sec</th><th>APR</th></tr></thead><tbody><tr><td>Before</td><td>1.14111149267399</td><td>3.567237373508758%</td></tr><tr><td>After</td><td>1.14111149267399</td><td>3.567237373508758%</td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Borrow-side</th><th>Emissions per sec</th><th>APR</th></tr></thead><tbody><tr><td>Before</td><td>1e-18</td><td>1.574278945971128e-17%</td></tr><tr><td>After</td><td>1e-18</td><td>1.574278945971128e-17%</td></tr></tbody></table>

### USDC Reward Stream

<table data-full-width="true"><thead><tr><th>Supply-side</th><th>Emissions per sec</th><th>APR</th></tr></thead><tbody><tr><td>Before</td><td>0</td><td>0%</td></tr><tr><td>After</td><td>0</td><td>0%</td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Borrow-side</th><th>Emissions per sec</th><th>APR</th></tr></thead><tbody><tr><td>Before</td><td>0.000001</td><td>3.034946007050934e-15%</td></tr><tr><td>After</td><td>0.000001</td><td>3.034946007050934e-15%</td></tr></tbody></table>

## mwstETH

[View on block explorer](https://basescan.org/address/0x627Fe393Bc6EdDA28e99AE648fD6fF362514304b)

<table data-full-width="true"><thead><tr><th>Parameter</th><th>Collateral Factor</th><th>Implied Collateral Ratio</th><th>Borrow Cap</th><th>Supply Cap</th></tr></thead><tbody><tr><td>Before</td><td>0.75</td><td>133.333%</td><td>80<br>186,304.8 USD</td><td>180<br>419,185.8 USD</td></tr><tr><td>After</td><td>0.75</td><td>133.333%</td><td>80<br>186,304.8 USD</td><td>180<br>419,185.8 USD</td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>IRM Parameter</th><th>Base rate</th><th>Multiplier</th><th>Kink</th><th>Jump Multiplier</th><th>Reserve Factor</th><th>Contract</th></tr></thead><tbody><tr><td>Before</td><td>0%</td><td>0.07</td><td>0.45</td><td>3.15</td><td>0.25</td><td><a href="https://basescan.org/address/0x1007100Ffc1aC1e63813Fb983bb3D3a8DF1CC193">0x1007100Ffc1aC1e63813Fb983bb3D3a8DF1CC193</a></td></tr><tr><td>After</td><td>0%</td><td>0.07</td><td>0.45</td><td>3.15</td><td>0.25</td><td><a href="https://basescan.org/address/0x1007100Ffc1aC1e63813Fb983bb3D3a8DF1CC193">0x1007100Ffc1aC1e63813Fb983bb3D3a8DF1CC193</a></td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Key borrow rates</th><th>Base</th><th>Kink</th><th>Max</th></tr></thead><tbody><tr><td>Before</td><td>0%</td><td>3.15%</td><td>176.4%</td></tr><tr><td>After</td><td>0%</td><td>3.15%</td><td>176.4%</td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Key supply rates</th><th>Base</th><th>Kink</th><th>Max</th></tr></thead><tbody><tr><td>Before</td><td>0%</td><td>1.063%</td><td>132.3%</td></tr><tr><td>After</td><td>0%</td><td>1.063%</td><td>132.3%</td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Borrow rates</th><th>0%</th><th>10%</th><th>20%</th><th>30%</th><th>40%</th><th>50%</th><th>60%</th><th>70%</th><th>80%</th><th>90%</th><th>100%</th></tr></thead><tbody><tr><td>Before</td><td>0%</td><td>0.7%</td><td>1.4%</td><td>2.1%</td><td>2.8%</td><td>18.9%</td><td>50.4%</td><td>81.9%</td><td>113.4%</td><td>144.9%</td><td>176.4%</td></tr><tr><td>After</td><td>0%</td><td>0.7%</td><td>1.4%</td><td>2.1%</td><td>2.8%</td><td>18.9%</td><td>50.4%</td><td>81.9%</td><td>113.4%</td><td>144.9%</td><td>176.4%</td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Supply rates</th><th>0%</th><th>10%</th><th>20%</th><th>30%</th><th>40%</th><th>50%</th><th>60%</th><th>70%</th><th>80%</th><th>90%</th><th>100%</th></tr></thead><tbody><tr><td>Before</td><td>0%</td><td>0.052%</td><td>0.21%</td><td>0.472%</td><td>0.84%</td><td>7.087%</td><td>22.68%</td><td>42.997%</td><td>68.04%</td><td>97.807%</td><td>132.3%</td></tr><tr><td>After</td><td>0%</td><td>0.052%</td><td>0.21%</td><td>0.472%</td><td>0.84%</td><td>7.087%</td><td>22.68%</td><td>42.997%</td><td>68.04%</td><td>97.807%</td><td>132.3%</td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Market State</th><th>Total Supply</th><th>Total Borrows</th><th>Utilization</th><th>Supply cap utilization</th><th>Borrow cap utilization</th><th>Supply rate</th><th>Borrow rate</th></tr></thead><tbody><tr><td>Before</td><td>88.207<br>205,416.357 USD</td><td>33.983<br>79,140.49 USD</td><td>38.527%</td><td>49.004%</td><td>42.479%</td><td>0.779%<br>9.876% Total</td><td>2.697%<br>2.697% Total</td></tr><tr><td>After</td><td>88.207<br>205,416.357 USD</td><td>33.983<br>79,140.49 USD</td><td>38.527%</td><td>49.004%</td><td>42.479%</td><td>0.779%<br>9.876% Total</td><td>2.697%<br>2.697% Total</td></tr></tbody></table>

### WELL Reward Stream

<table data-full-width="true"><thead><tr><th>Supply-side</th><th>Emissions per sec</th><th>APR</th></tr></thead><tbody><tr><td>Before</td><td>0.114111149267399</td><td>9.096293377004997%</td></tr><tr><td>After</td><td>0.114111149267399</td><td>9.096293377004997%</td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Borrow-side</th><th>Emissions per sec</th><th>APR</th></tr></thead><tbody><tr><td>Before</td><td>1e-18</td><td>2.0690580137965152e-16%</td></tr><tr><td>After</td><td>1e-18</td><td>2.0690580137965152e-16%</td></tr></tbody></table>

### USDC Reward Stream

<table data-full-width="true"><thead><tr><th>Supply-side</th><th>Emissions per sec</th><th>APR</th></tr></thead><tbody><tr><td>Before</td><td>0</td><td>0%</td></tr><tr><td>After</td><td>0</td><td>0%</td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Borrow-side</th><th>Emissions per sec</th><th>APR</th></tr></thead><tbody><tr><td>Before</td><td>0.000001</td><td>3.98879714004867e-14%</td></tr><tr><td>After</td><td>0.000001</td><td>3.98879714004867e-14%</td></tr></tbody></table>

## mDAI

[View on block explorer](https://basescan.org/address/0x73b06D8d18De422E269645eaCe15400DE7462417)

<table data-full-width="true"><thead><tr><th>Parameter</th><th>Collateral Factor</th><th>Implied Collateral Ratio</th><th>Borrow Cap</th><th>Supply Cap</th></tr></thead><tbody><tr><td>Before</td><td>0.82</td><td>121.951%</td><td>5,000,000<br>5,015,000 USD</td><td>7,500,000<br>7,522,500 USD</td></tr><tr><td>After</td><td>0.82</td><td>121.951%</td><td>5,000,000<br>5,015,000 USD</td><td>7,500,000<br>7,522,500 USD</td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>IRM Parameter</th><th>Base rate</th><th>Multiplier</th><th>Kink</th><th>Jump Multiplier</th><th>Reserve Factor</th><th>Contract</th></tr></thead><tbody><tr><td>Before</td><td>0%</td><td>0.045</td><td>0.8</td><td>8.6</td><td>0.15</td><td><a href="https://basescan.org/address/0x492dcEF1fc5253413fC5576B9522840a1A774DCe">0x492dcEF1fc5253413fC5576B9522840a1A774DCe</a></td></tr><tr><td>After</td><td>0%</td><td>0.045</td><td>0.8</td><td>8.6</td><td>0.15</td><td><a href="https://basescan.org/address/0x492dcEF1fc5253413fC5576B9522840a1A774DCe">0x492dcEF1fc5253413fC5576B9522840a1A774DCe</a></td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Key borrow rates</th><th>Base</th><th>Kink</th><th>Max</th></tr></thead><tbody><tr><td>Before</td><td>0%</td><td>3.6%</td><td>175.6%</td></tr><tr><td>After</td><td>0%</td><td>3.6%</td><td>175.6%</td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Key supply rates</th><th>Base</th><th>Kink</th><th>Max</th></tr></thead><tbody><tr><td>Before</td><td>0%</td><td>2.448%</td><td>149.26%</td></tr><tr><td>After</td><td>0%</td><td>2.448%</td><td>149.26%</td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Borrow rates</th><th>0%</th><th>10%</th><th>20%</th><th>30%</th><th>40%</th><th>50%</th><th>60%</th><th>70%</th><th>80%</th><th>90%</th><th>100%</th></tr></thead><tbody><tr><td>Before</td><td>0%</td><td>0.45%</td><td>0.9%</td><td>1.35%</td><td>1.8%</td><td>2.25%</td><td>2.7%</td><td>3.15%</td><td>3.6%</td><td>89.6%</td><td>175.6%</td></tr><tr><td>After</td><td>0%</td><td>0.45%</td><td>0.9%</td><td>1.35%</td><td>1.8%</td><td>2.25%</td><td>2.7%</td><td>3.15%</td><td>3.6%</td><td>89.6%</td><td>175.6%</td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Supply rates</th><th>0%</th><th>10%</th><th>20%</th><th>30%</th><th>40%</th><th>50%</th><th>60%</th><th>70%</th><th>80%</th><th>90%</th><th>100%</th></tr></thead><tbody><tr><td>Before</td><td>0%</td><td>0.038%</td><td>0.153%</td><td>0.344%</td><td>0.612%</td><td>0.956%</td><td>1.377%</td><td>1.874%</td><td>2.448%</td><td>68.544%</td><td>149.26%</td></tr><tr><td>After</td><td>0%</td><td>0.038%</td><td>0.153%</td><td>0.344%</td><td>0.612%</td><td>0.956%</td><td>1.377%</td><td>1.874%</td><td>2.448%</td><td>68.544%</td><td>149.26%</td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Market State</th><th>Total Supply</th><th>Total Borrows</th><th>Utilization</th><th>Supply cap utilization</th><th>Borrow cap utilization</th><th>Supply rate</th><th>Borrow rate</th></tr></thead><tbody><tr><td>Before</td><td>4,079,721.079<br>4,091,960.242 USD</td><td>2,066,538.333<br>2,072,737.948 USD</td><td>50.654%</td><td>54.396%</td><td>41.331%</td><td>0.981%<br>5.548% Total</td><td>2.279%<br>2.279% Total</td></tr><tr><td>After</td><td>4,079,721.079<br>4,091,960.242 USD</td><td>2,066,538.333<br>2,072,737.948 USD</td><td>50.654%</td><td>54.396%</td><td>41.331%</td><td>0.981%<br>5.548% Total</td><td>2.279%<br>2.279% Total</td></tr></tbody></table>

### WELL Reward Stream

<table data-full-width="true"><thead><tr><th>Supply-side</th><th>Emissions per sec</th><th>APR</th></tr></thead><tbody><tr><td>Before</td><td>1.14111149267399</td><td>4.566338228240128%</td></tr><tr><td>After</td><td>1.14111149267399</td><td>4.566338228240128%</td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Borrow-side</th><th>Emissions per sec</th><th>APR</th></tr></thead><tbody><tr><td>Before</td><td>1e-18</td><td>7.899998409706802e-18%</td></tr><tr><td>After</td><td>1e-18</td><td>7.899998409706802e-18%</td></tr></tbody></table>

### USDC Reward Stream

<table data-full-width="true"><thead><tr><th>Supply-side</th><th>Emissions per sec</th><th>APR</th></tr></thead><tbody><tr><td>Before</td><td>0</td><td>0%</td></tr><tr><td>After</td><td>0</td><td>0%</td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Borrow-side</th><th>Emissions per sec</th><th>APR</th></tr></thead><tbody><tr><td>Before</td><td>0.000001</td><td>1.522987313690982e-15%</td></tr><tr><td>After</td><td>0.000001</td><td>1.522987313690982e-15%</td></tr></tbody></table>

## mrETH

[View on block explorer](https://basescan.org/address/0xCB1DaCd30638ae38F2B94eA64F066045B7D45f44)

<table data-full-width="true"><thead><tr><th>Parameter</th><th>Collateral Factor</th><th>Implied Collateral Ratio</th><th>Borrow Cap</th><th>Supply Cap</th></tr></thead><tbody><tr><td>Before</td><td>-</td><td>-</td><td>-<br>undefined USD</td><td>None<br>undefined USD</td></tr><tr><td>After</td><td><mark style="background-color:orange;">0.76</mark></td><td><mark style="background-color:orange;">131.579%</mark></td><td><mark style="background-color:orange;">50</mark><br><mark style="background-color:orange;">111,160.5 USD</mark></td><td><mark style="background-color:orange;">100</mark><br><mark style="background-color:orange;">222,321 USD</mark></td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>IRM Parameter</th><th>Base rate</th><th>Multiplier</th><th>Kink</th><th>Jump Multiplier</th><th>Reserve Factor</th><th>Contract</th></tr></thead><tbody><tr><td>Before</td><td>-</td><td>-</td><td>-</td><td>-</td><td>-</td><td>Not deployed</td></tr><tr><td>After</td><td><mark style="background-color:orange;">0%</mark></td><td><mark style="background-color:orange;">0.07</mark></td><td><mark style="background-color:orange;">0.45</mark></td><td><mark style="background-color:orange;">3.15</mark></td><td><mark style="background-color:orange;">0.25</mark></td><td><a href="https://basescan.org/address/0x36BD01e31834A1ea271F0A135e92517a6320B511"><mark style="background-color:orange;">0x36BD01e31834A1ea271F0A135e92517a6320B511</mark></a></td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Key borrow rates</th><th>Base</th><th>Kink</th><th>Max</th></tr></thead><tbody><tr><td>Before</td><td>-</td><td>-</td><td>-</td></tr><tr><td>After</td><td><mark style="background-color:orange;">0%</mark></td><td><mark style="background-color:orange;">3.15%</mark></td><td><mark style="background-color:orange;">176.4%</mark></td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Key supply rates</th><th>Base</th><th>Kink</th><th>Max</th></tr></thead><tbody><tr><td>Before</td><td>-</td><td>-</td><td>-</td></tr><tr><td>After</td><td><mark style="background-color:orange;">0%</mark></td><td><mark style="background-color:orange;">1.063%</mark></td><td><mark style="background-color:orange;">132.3%</mark></td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Borrow rates</th><th>0%</th><th>10%</th><th>20%</th><th>30%</th><th>40%</th><th>50%</th><th>60%</th><th>70%</th><th>80%</th><th>90%</th><th>100%</th></tr></thead><tbody><tr><td>Before</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>After</td><td><mark style="background-color:orange;">0%</mark></td><td><mark style="background-color:orange;">0.7%</mark></td><td><mark style="background-color:orange;">1.4%</mark></td><td><mark style="background-color:orange;">2.1%</mark></td><td><mark style="background-color:orange;">2.8%</mark></td><td><mark style="background-color:orange;">18.9%</mark></td><td><mark style="background-color:orange;">50.4%</mark></td><td><mark style="background-color:orange;">81.9%</mark></td><td><mark style="background-color:orange;">113.4%</mark></td><td><mark style="background-color:orange;">144.9%</mark></td><td><mark style="background-color:orange;">176.4%</mark></td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Supply rates</th><th>0%</th><th>10%</th><th>20%</th><th>30%</th><th>40%</th><th>50%</th><th>60%</th><th>70%</th><th>80%</th><th>90%</th><th>100%</th></tr></thead><tbody><tr><td>Before</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>After</td><td><mark style="background-color:orange;">0%</mark></td><td><mark style="background-color:orange;">0.052%</mark></td><td><mark style="background-color:orange;">0.21%</mark></td><td><mark style="background-color:orange;">0.472%</mark></td><td><mark style="background-color:orange;">0.84%</mark></td><td><mark style="background-color:orange;">7.087%</mark></td><td><mark style="background-color:orange;">22.68%</mark></td><td><mark style="background-color:orange;">42.997%</mark></td><td><mark style="background-color:orange;">68.04%</mark></td><td><mark style="background-color:orange;">97.807%</mark></td><td><mark style="background-color:orange;">132.3%</mark></td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Market State</th><th>Total Supply</th><th>Total Borrows</th><th>Utilization</th><th>Supply cap utilization</th><th>Borrow cap utilization</th><th>Supply rate</th><th>Borrow rate</th></tr></thead><tbody><tr><td>Before</td><td>-<br>undefined USD</td><td>-<br>undefined USD</td><td>-</td><td>-</td><td>-</td><td>-<br>- Total</td><td>-<br>- Total</td></tr><tr><td>After</td><td><mark style="background-color:orange;">0</mark><br><mark style="background-color:orange;">0.002 USD</mark></td><td><mark style="background-color:orange;">0</mark><br><mark style="background-color:orange;">0 USD</mark></td><td><mark style="background-color:orange;">0%</mark></td><td>-</td><td>-</td><td><mark style="background-color:orange;">0%</mark><br><mark style="background-color:orange;">0% Total</mark></td><td><mark style="background-color:orange;">0%</mark><br><mark style="background-color:orange;">∞% Total</mark></td></tr></tbody></table>

### WELL Reward Stream

<table data-full-width="true"><thead><tr><th>Supply-side</th><th>Emissions per sec</th><th>APR</th></tr></thead><tbody><tr><td>Before</td><td>-</td><td>-</td></tr><tr><td>After</td><td><mark style="background-color:orange;">0</mark></td><td><mark style="background-color:orange;">0%</mark></td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Borrow-side</th><th>Emissions per sec</th><th>APR</th></tr></thead><tbody><tr><td>Before</td><td>-</td><td>-</td></tr><tr><td>After</td><td><mark style="background-color:orange;">1e-18</mark></td><td><mark style="background-color:orange;">Infinity%</mark></td></tr></tbody></table>

### USDC Reward Stream

<table data-full-width="true"><thead><tr><th>Supply-side</th><th>Emissions per sec</th><th>APR</th></tr></thead><tbody><tr><td>Before</td><td>-</td><td>-</td></tr><tr><td>After</td><td><mark style="background-color:orange;">0</mark></td><td><mark style="background-color:orange;">0%</mark></td></tr></tbody></table>

<table data-full-width="true"><thead><tr><th>Borrow-side</th><th>Emissions per sec</th><th>APR</th></tr></thead><tbody><tr><td>Before</td><td>-</td><td>-</td></tr><tr><td>After</td><td><mark style="background-color:orange;">0.000001</mark></td><td><mark style="background-color:orange;">Infinity%</mark></td></tr></tbody></table>

## Liquidatable accounts

The table below lists accounts that will be at risk of liquidation once the proposal is passed.

Total liquidatable accounts: 0

<table data-full-width="true"><thead><tr><th>Accounts</th><th>Free collateral Before (USD)</th><th>Free collateral After (USD)</th><th>Diff (USD)</th></tr></thead><tbody><tr><td>Nothing to display</td><td></td><td></td><td></td></tr></tbody></table>

## Impacted accounts

The table is filtered for accounts have at least 1 borrow transaction.

Liquidatable accounts count: 0

<table data-full-width="true"><thead><tr><th>Accounts</th><th>Free collateral Before (USD)</th><th>Free collateral After (USD)</th><th>Diff (USD)</th></tr></thead><tbody><tr><td>Nothing to display</td><td></td><td></td><td></td></tr></tbody></table>

### Sanity check tests

All unit tests passed.

<pre data-full-width="false"><code><strong>MIP-B10 sanity check tests  
</strong>  Global governance parameters
      close factor
        ✔ should be within sane range
  USDC
    borrow cap
      ✔ should be within sane range
      ✔ should not be increased by more than 4x
      ✔ should not be decreased by more than 0.25x
      ✔ should be less than supply cap
      ✔ should be less than underlying token total supply (132ms)
      ✔ user cannot borrow more than borrow cap (10984ms)
    supply cap
      ✔ should be within sane range
      ✔ should not be increased by more than 4x
      ✔ should not be decreased by more than 4x
      ✔ should be less than underlying token total supply (75ms)
      ✔ user cannot deposit more than supply cap (1373ms)
    interest rate model
      ✔ kink should be within sane range
      ✔ base supply rate should be within sane range
      ✔ base borrow rate should be within sane range
      ✔ max supply rate should be within sane range
      ✔ max borrow rate should be within sane range
    collateral factor
      ✔ should not drastically change
      ✔ should be within sane range
      ✔ should make no account liquidatable (60424ms)
      ✔ should leave enough buffer for liquidation incentive

  USDbC
    borrow cap
      ✔ should be within sane range
      ✔ should not be increased by more than 4x
      ✔ should not be decreased by more than 0.25x
      ✔ should be less than supply cap
      ✔ should be less than underlying token total supply (124ms)
      ✔ user cannot borrow more than borrow cap (10578ms)
    supply cap
      ✔ should be within sane range
      ✔ should not be increased by more than 4x
      ✔ should not be decreased by more than 4x
      ✔ should be less than underlying token total supply (76ms)
      ✔ user cannot deposit more than supply cap (1357ms)
    interest rate model
      ✔ kink should be within sane range
      ✔ base supply rate should be within sane range
      ✔ base borrow rate should be within sane range
      ✔ max supply rate should be within sane range
      ✔ max borrow rate should be within sane range
    collateral factor
      ✔ should not drastically change
      ✔ should be within sane range
      ✔ should make no account liquidatable (56181ms)
      ✔ should leave enough buffer for liquidation incentive
  
  ETH
    borrow cap
      ✔ should be within sane range
      ✔ should not be increased by more than 4x
      ✔ should not be decreased by more than 0.25x
      ✔ should be less than supply cap
      ✔ should be less than underlying token total supply (114ms)
      ✔ user cannot borrow more than borrow cap
    supply cap
      ✔ should be within sane range
      ✔ should not be increased by more than 4x
      ✔ should not be decreased by more than 4x
      ✔ should be less than underlying token total supply (74ms)
      ✔ user cannot deposit more than supply cap (1347ms)
    interest rate model
      ✔ kink should be within sane range
      ✔ base supply rate should be within sane range
      ✔ base borrow rate should be within sane range
      ✔ max supply rate should be within sane range
      ✔ max borrow rate should be within sane range
    collateral factor
      ✔ should not drastically change
      ✔ should be within sane range
      ✔ should make no account liquidatable (67284ms)
      ✔ should leave enough buffer for liquidation incentive
      
  cbETH
    borrow cap
      ✔ should be within sane range
      ✔ should not be increased by more than 4x
      ✔ should not be decreased by more than 0.25x
      ✔ should be less than supply cap
      ✔ should be less than underlying token total supply (119ms)
      ✔ user cannot borrow more than borrow cap
    supply cap
      ✔ should be within sane range
      ✔ should not be increased by more than 4x
      ✔ should not be decreased by more than 4x
      ✔ should be less than underlying token total supply (75ms)
      ✔ user cannot deposit more than supply cap (1381ms)
    interest rate model
      ✔ kink should be within sane range
      ✔ base supply rate should be within sane range
      ✔ base borrow rate should be within sane range
      ✔ max supply rate should be within sane range
      ✔ max borrow rate should be within sane range
    collateral factor
      ✔ should not drastically change
      ✔ should be within sane range
      ✔ should make no account liquidatable (10082ms)
      ✔ should leave enough buffer for liquidation incentive
  
  DAI
    borrow cap
      ✔ should be within sane range
      ✔ should not be increased by more than 4x
      ✔ should not be decreased by more than 0.25x
      ✔ should be less than supply cap
      ✔ should be less than underlying token total supply (129ms)
      ✔ user cannot borrow more than borrow cap
    supply cap
      ✔ should be within sane range
      ✔ should not be increased by more than 4x
      ✔ should not be decreased by more than 4x
      ✔ should be less than underlying token total supply (75ms)
      ✔ user cannot deposit more than supply cap (1345ms)
    interest rate model
      ✔ kink should be within sane range
      ✔ base supply rate should be within sane range
      ✔ base borrow rate should be within sane range
      ✔ max supply rate should be within sane range
      ✔ max borrow rate should be within sane range
    collateral factor
      ✔ should not drastically change
      ✔ should be within sane range
      ✔ should make no account liquidatable (17280ms)
      ✔ should leave enough buffer for liquidation incentive

  wstETH
    borrow cap
      ✔ should be within sane range
      ✔ should not be increased by more than 4x
      ✔ should not be decreased by more than 0.25x
      ✔ should be less than supply cap
      ✔ should be less than underlying token total supply
      ✔ user cannot borrow more than borrow cap (10829ms)
    supply cap
      ✔ should be within sane range
      ✔ should not be increased by more than 4x
      ✔ should not be decreased by more than 4x
      ✔ should be less than underlying token total supply
      ✔ user cannot deposit more than supply cap (1359ms)
    interest rate model
      ✔ kink should be within sane range
      ✔ base supply rate should be within sane range
      ✔ base borrow rate should be within sane range
      ✔ max supply rate should be within sane range
      ✔ max borrow rate should be within sane range
    collateral factor
      ✔ should not drastically change
      ✔ should be within sane range
      ✔ should make no account liquidatable (17280ms)
      ✔ should leave enough buffer for liquidation incentive
  
  rETH
    borrow cap
      ✔ should be within sane range
      ✔ should not be increased by more than 4x
      ✔ should not be decreased by more than 0.25x
      ✔ should be less than supply cap
      ✔ should be less than underlying token total supply
      ✔ user cannot borrow more than borrow cap (10829ms)
    supply cap
      ✔ should be within sane range
      ✔ should not be increased by more than 4x
      ✔ should not be decreased by more than 4x
      ✔ should be less than underlying token total supply
      ✔ user cannot deposit more than supply cap (1359ms)
    interest rate model
      ✔ kink should be within sane range
      ✔ base supply rate should be within sane range
      ✔ base borrow rate should be within sane range
      ✔ max supply rate should be within sane range
      ✔ max borrow rate should be within sane range
    collateral factor
      ✔ should not drastically change
      ✔ should be within sane range
      ✔ should make no account liquidatable (17280ms)
      ✔ should leave enough buffer for liquidation incentive
</code></pre>
