From Apr. 28 to May 4, withdrawal activity increased amidst market volatility. The Buffer Pool recorded a net outflow of 42,799 ETH, and continued to operate as per designed, supporting fast withdrawals where liquidity was avialable, and absorbing elevated redemption flows.
On the validator side, 0 validator requests were created this week, and no validators exited the waiting queue.
Apr. 28 - May 4: Key Takeaways
- Outflow of 42,799 ETH
- On the validator side, 0 validator requests were created this week
- A current pool of 70,819 is available for users to perform fast mETH withdrawals.
- HeadRoom measures liquidity relative to our buffer size, and is calculated using the following formula: Aave Available Liquidity / Buffer Size. Due to the aftereffects of the rsETH situation, Aave's ETH available liquidity remains zero. As a result, our HeadRoom currently sits at infinity.
Last Week's Breakdown
- 28 Apr: ~20,029 mETH outflow, 6 transactions
- 29 Apr: ~11,045 mETH outflow, 16 transactions
- 30 Apr: ~21 mETH outflow, 4 transactions
- 1 May: ~111 mETH outflow, 4 transactions
- 2 May: ~4 mETH outflow, 2 transactions
- 3 May: ~77 mETH outflow, 6 transactions
- 4 May: ~11 mETH outflow, 6 transactions
About Our Buffer Pool Upgrade:
The Buffer Pool upgrade allocates ~20% of protocol TVL to Aave as ETH supply, earning interest in addition to native ETH staking yield. This design uses Aave as a liquid backstop for the Buffer Pool, supporting efficient mETH-to-ETH redemptions, typically within ~24 hours under normal conditions.
Track our transparency dashboard here.