Max Collateral for LEBs

Node Operator Experience
16

Putting it in terms of collateral range for the examples given:

  • 16 ETH Minipools: 10-150% (no change)
  • LEB8s: 10-50%
  • LEB4s: 10-21.4%
  • LEB2s: 10-20%

This effectively removes all RPL upside for LEBs, and forces the average rETH collateral backing of RPL down over time. It ties together capital efficiency improvements with reducing collateral, multiplying protocol risk. It’s also more severe in terms of enforcing collateral limits than the 10-75% range in the other thread. I don’t think we can reasonably justify any of this.

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