Change log
This page records all configuration and parameter changes to KPK-curated Gearbox pools.
Entries are listed in reverse chronological order. For current parameters, see the individual pool pages.
2026-06-15
WETH and wstETH markets
Remove an address from the Emergency Liquidator set
Routine access-control hygiene; rotated out an Emergency Liquidator key that is no longer in use. Applied at the MarketConfigurator level, so it covers both markets.
2026-06-15
wstETH market
Onboard savETH (Avant) as collateral; IRM update
Added savETH with 3,000 wstETH quota limit and 91.5% LT via a dedicated Credit Manager (75/3,750 wstETH min/max debt). Adjusted the pool IRM to a higher baseline yield.
2026-05-27
WETH market
rETH oracle swap (Main ↔ Reserve) and IRM update
Setting Fundamental pricing as main feed to avoid unwanted liquidations, and bumping the max ETH borrow rate to incentivize repayment on stress scenarios.
2026-05-18
Emergency Admin
Added new signer to the Emergency Admin Safe
New signer onboarded, threshold 2/5
2026-05-09
wstETH market
Re-enable three Beefy LP strategies (rETH/WETH, osETH/WETH, tETH/wstETH) at lower quotas than pre-Kelp-exploit; onboard tETH (Boosted Beefy CM, 90% LT).
Re-open LST/LRT looping plays on the market intended to host them, following Aave WETH liquidity restoration and continued rsETH recovery. Quotas held below pre-Kelp-exploit levels given thinner DEX liquidity for osETH and tETH.
2026-05-09
WETH market
Broad single-asset and LP quota cuts (~80–85%); permanent offboard of DETH and Beefy tETH/wstETH; remaining LST/LRT plays moved to 0-quota wind-down.
Concentrate vanilla assets in the WETH market and push LST/LRT leverage to the wstETH market. Wind-down (0 quota) rather than hard offboard preserves the ability for healthy positions to close without forced liquidation.
2026-05-09
WETH market
Set ezETH quota to 0 (full offboard)
Removed due to low utilization; kept in the risk-tier snapshot since minor borrow activity remains.
2026-05-08
WETH and wstETH markets
Switch ETH+ main price feed to Fundamental oracle
Deprecated RedStone ETH+ market feed; replaced with the Fundamental oracle on both markets to improve manipulation resistance and maintain consistency with the reserve feed.
WETH: setPriceFeed wstETH: setPriceFeed
2026-04-21
ETH market
Flatten IRM on ETH pool.
Reduce strain on borrowers given post-rsETH exploit market contagion.
2026-04-18
WETH and wstETH markets
Emergency responses to the Kelp DAO rsETH exploit.
Removed collaterals with potential direct or indirect exposure to affected protocols.
WETH: rsETH, rsWETH_unstaking, DETH, PT-DETH, Beefy-rETH, tETH, Beefy-tETH, Beefy-osETH. wstETH: PT-DETH, DETH, Beefy rETH, Beefy-tETH, Beefy-osETH
2026-03-03
WETH market
Switch rETH main price feed to Redstone.
Upcoming deprecation of Rocketpool's CL feed.
2026-02-25
WETH and wstETH markets
Onboard tETH-wstETH LP (Aura) Beefy strategy as collateral in both markets (90% LT, 1,500 quota).
Enable new looping opportunities; and configured the required swap routing/adapters for reliable execution.
2026-02-06
WETH and wstETH markets
Onboard PT-DETH23APR2026 and native rsETH integration
Included longer expiry PT for DETH, re-enabled borrowing on DETH strategy and enable native rsETH minting and redeeming.
2026-01-29
WETH and wstETH markets
Re-enabling DETH
Re-enabled DETH following Makina's re-activation of machines (v1.1).
2026-01-25
WETH market
Re-enabling rsETH
Re-enabled rsETH as collateral after precautionary forbid.
2026-01-21
WETH and wstETH markets
Calling updateRates on Tumbler.
Final step in osETH-aWETH LP onboarding (applying interest rate).
2026-01-20
WETH and wstETH markets
Forbid DETH and PT-DETH tokens and forbid borrowing in the CM.
Precautionary measure, in response to DUSD Curve exploit, to reduce risk.
2026-01-16
WETH & wstETH markets
Onboard osETH-aWETH LP (Aura) Beefy strategy; reduce ezETH quota to 1000; update Balancerv3 swap routes; set Effective Rate for high-yielding Beefy vaults
Enable new looping opportunities; reduce risk; improve swap execution; balance lending and borrowing rates.
2026-01-15
WETH & wstETH markets
Set quota and LT to 0 for RE7LRT and pzETH & add ERC4626 rETH Beefy adapter & osETH-rETH swap routes.
Reduce risk by offboarding unused assets; improve swap execution & prepare for new asset onboarding.
2026-01-13
WETH & wstETH markets
Onboarded rETH-aWETH LP (Aura) Beefy strategy and set rstETH quota to 0.
Enable new looping opportunities & offboarded unused assets.
2026-01-09
WETH and wstETH markets
New Balancer route for rETH.
Includes the Aave boosted rETH/WETH pool to improve rETH swaps.
2026-01-08
WETH and wstETH markets
New Balancer route for wstETH.
Includes the Fluid boosted wstETH/WETH pool to route wstETH swaps.
2026-01-07
wstETH market
Unpause Credit Managers Tier #I and Tier #II
Unpause of CMs after successful rstETH offboarding.
2025-12-30
WETH market
Update price feed for B-rETH-STABLE to zero.
Improved monitoring & rETH swaps.
2025-12-20
WETH and wstETH markets
Added Gearbox DAO addresses as Emergency Liquidators.
Improved liquidation process, for planned rstETH offboarding.
2025-12-20
WETH and wstETH markets
Ramp rstETH LT to zero, over a 48hr period & lowered Quota for other Mellow assets (i.e. RE7LRT and pzETH).
Second step in offboarding rstETH. Lower general risk exposure.
2025-12-19
WETH and wstETH markets
Set rstETH quota to zero
First step in offboarding rstETH, due to a planned contract update.
2025-12-12
WETH and wstETH markets
Onboard DETH, PT-DETH-29JAN2026 and wmooCurveETH+-WETH as collateral in both markets and improve DEX routing via Balancer v3.
Enable new looping opportunities in both markets, with improved wstETH trade execution.
2025-12-12
wstETH market
Enable ETH+ as collateral, with similar parameters as in the ETH market
Enable new looping opportunities.
2025-12-04
WETH market
Update LT for stETH and wstETH in pzETH and RE7LRT CM
Improve configuration for smoother native Mellow redemptions.
2025-11-12
WETH market
ezETH oracle update
Chainlink deprecated ezETH oracle; moved to Redstone market price feed.
2025-11-07
WETH market
New interest rate model (IRM) & updated reserve oracles for ezETH, weETH, rsETH.
IRM adjustment to reduce max ETH borrow rate; switch to fundamental oracles that query the underlying exchange rates directly.
2025-11-03
WETH market
Disabled BALANCER_VAULT adaptor in Tier #1 and Tier #2
Preventive measure in response to confirmed Balancer v2 exploit.
2025-10-31
WETH and wstETH markets
Add Loss Policy.
Added Loss Policy using Fundamental Oracles for both WETH and wstETH markets
2025-10-23
WETH market
Update wstETH reserve oracle.
Re-enabling reserve oracle for wstETH after yesterday's change.
2025-10-22
WETH and wstETH markets
Update main oracle for wstETH.
Avoid potential liquidations on rstETH/wstETH and wstETH/ETH positions.
2025-10-21
WETH and wstETH markets
Configure MELLOW_CLAIMER adapters in newest CMs.
Enable native unstaking of Mellow assets.
2025-10-17
WETH and wstETH markets
Create new Credit Managers and set Debt Limit to 0 on existing ones.
Updated Interest Rate fee for all new borrowers.
2025-10-09
WETH and wstETH markets
Add PAUSABLE_ADMIN role in Market Configurator
Improved emergency pause role, for active Pools and Credit Managers.
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