# Based ETH (bsdETH)

**URL:** https://forum.reserve.org/c/bsdeth/44.md

[Latest](https://forum.reserve.org/latest.md) · [Categories](https://forum.reserve.org/categories.md)

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## [\[REPORT\] bsdETH Quarterly Report Q1 2026](https://forum.reserve.org/t/report-bsdeth-quarterly-report-q1-2026/1516)

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**Author:** [@ham](https://forum.reserve.org/u/ham)\
**Replies:** 6\
**Last updated:** [April 20, 2026, 4:20am UTC](https://forum.reserve.org/t/report-bsdeth-quarterly-report-q1-2026/1516 "2026-04-20T04:20:24Z")

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This report aims to provide a comprehensive update of all bsdETH related activities over the last quarter, including both on-chain and off-chain data. The purpose of this report is to inform and educate the wider Reserve…

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## [\[RFC\] Mandate Alignment for bsdETH](https://forum.reserve.org/t/rfc-mandate-alignment-for-bsdeth/1195)

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**Author:** [@ham](https://forum.reserve.org/u/ham)\
**Replies:** 8\
**Last updated:** [April 4, 2026, 5:16am UTC](https://forum.reserve.org/t/rfc-mandate-alignment-for-bsdeth/1195 "2026-04-04T05:16:17Z")

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Summary This RFC proposes a clear mandate for Based ETH, bsdETH to guide future governance decisions. Despite reaching $12M in TVL, bsdETH launched without a formal introduction or defined mandate. The proposed mandate e…

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## [\[IP\] Upgrade bsdETH to Release 4.2.0](https://forum.reserve.org/t/ip-upgrade-bsdeth-to-release-4-2-0/1410)

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**Author:** [@ham](https://forum.reserve.org/u/ham)\
**Replies:** 1\
**Last updated:** [February 3, 2026, 12:46pm UTC](https://forum.reserve.org/t/ip-upgrade-bsdeth-to-release-4-2-0/1410 "2026-02-03T12:46:45Z")

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Summary This proposal recommends upgrading bsdETH to Reserve Protocol v4.2.0 to align it with the latest supported smart contract release. The upgrade consists of a single onchain spell that upgrades core contract implem…

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## [\[REPORT\] bsdETH Quarterly Report Q4 2025](https://forum.reserve.org/t/report-bsdeth-quarterly-report-q4-2025/1425)

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**Author:** [@ham](https://forum.reserve.org/u/ham)\
**Replies:** 0\
**Last updated:** [January 23, 2026, 11:50am UTC](https://forum.reserve.org/t/report-bsdeth-quarterly-report-q4-2025/1425 "2026-01-23T11:50:39Z")

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This report aims to provide a comprehensive update of all bsdETH related activities over the last quarter, including both on-chain and off-chain data. The purpose of this report is to inform and educate the wider Reserve…

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## [\[REPORT\] bsdETH Quarterly Report Q3 2025](https://forum.reserve.org/t/report-bsdeth-quarterly-report-q3-2025/1268)

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**Author:** [@ham](https://forum.reserve.org/u/ham)\
**Replies:** 0\
**Last updated:** [October 16, 2025, 2:38pm UTC](https://forum.reserve.org/t/report-bsdeth-quarterly-report-q3-2025/1268 "2025-10-16T14:38:26Z")

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This report aims to provide a comprehensive update of all bsdETH related activities over the last quarter, including both on-chain and off-chain data. The purpose of this report is to inform and educate the wider Reserve…

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## [\[REPORT\] bsdETH Quarterly Report Q2 2025](https://forum.reserve.org/t/report-bsdeth-quarterly-report-q2-2025/1204)

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**Author:** [@ham](https://forum.reserve.org/u/ham)\
**Replies:** 0\
**Last updated:** [July 3, 2025, 7:46am UTC](https://forum.reserve.org/t/report-bsdeth-quarterly-report-q2-2025/1204 "2025-07-03T07:46:55Z")

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bsdETH Quarterly Report Q2 2025 This report aims to provide a comprehensive update of all bsdETH related activities over the last quarter, including both on-chain and off-chain data. The purpose of this report is to info…

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## [\[RFC\] Collateral Basket Change Proposal: Adding Rocket Pool ETH (rETH) to the Based ETH Collateral Basket](https://forum.reserve.org/t/rfc-collateral-basket-change-proposal-adding-rocket-pool-eth-reth-to-the-based-eth-collateral-basket/1119)

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**Author:** [@signal](https://forum.reserve.org/u/signal)\
**Replies:** 6\
**Last updated:** [June 24, 2025, 4:30pm UTC](https://forum.reserve.org/t/rfc-collateral-basket-change-proposal-adding-rocket-pool-eth-reth-to-the-based-eth-collateral-basket/1119 "2025-06-24T16:30:55Z")

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Summary This proposal seeks to add Rocket Pool ETH (rETH) to the bsdETH collateral basket, enhancing basket decentralization while creating mutual incentives for bsdETH adoption. Abstract Rocket Pool ETH (rETH) was the …

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## [\[REPORT\] bsdETH Quarterly Report Q1 2025](https://forum.reserve.org/t/report-bsdeth-quarterly-report-q1-2025/1137)

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**Author:** [@ham](https://forum.reserve.org/u/ham)\
**Replies:** 2\
**Last updated:** [April 30, 2025, 3:48pm UTC](https://forum.reserve.org/t/report-bsdeth-quarterly-report-q1-2025/1137 "2025-04-30T15:48:31Z")

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This report aims to provide a comprehensive update of all bsdETH related activities over the last quarter, including both on-chain and off-chain data. The purpose of this report is to inform and educate the wider Reserve…

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## [\[IP\] bsdETH Backing Buffer change from 0.1% to 0.15%](https://forum.reserve.org/t/ip-bsdeth-backing-buffer-change-from-0-1-to-0-15/1115)

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**Author:** [@ham](https://forum.reserve.org/u/ham)\
**Replies:** 1\
**Last updated:** [April 18, 2025, 7:09am UTC](https://forum.reserve.org/t/ip-bsdeth-backing-buffer-change-from-0-1-to-0-15/1115 "2025-04-18T07:09:51Z")

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Summary This proposal proposes to increase the backing buffer from 0.1% to 0.15% in order to reduce the risk of slashing from future collateral basket changes. Abstract This proposal advocates for an increase in the bac…

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## [\[IP\] Collateral Basket Change Proposal: Adding Wrapped Super OETH (wsuperOETHb) to the Based ETH Collateral Basket](https://forum.reserve.org/t/ip-collateral-basket-change-proposal-adding-wrapped-super-oeth-wsuperoethb-to-the-based-eth-collateral-basket/935)

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**Author:** [@pete](https://forum.reserve.org/u/pete)\
**Replies:** 8\
**Last updated:** [March 17, 2025, 1:28pm UTC](https://forum.reserve.org/t/ip-collateral-basket-change-proposal-adding-wrapped-super-oeth-wsuperoethb-to-the-based-eth-collateral-basket/935 "2025-03-17T13:28:03Z")

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\[RFC\] Collateral Basket Change Proposal: Adding Wrapped Super OETH (wsuperOETHb) to the Based ETH Collateral Basket Summary This proposal recommends integrating Wrapped Super OETH (wsuperOETHb) into the bsdETH collateral…

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## [\[REPORT\] bsdETH Quarterly Report Q4 2024](https://forum.reserve.org/t/report-bsdeth-quarterly-report-q4-2024/1064)

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**Author:** [@ham](https://forum.reserve.org/u/ham)\
**Replies:** 3\
**Last updated:** [January 21, 2025, 11:31pm UTC](https://forum.reserve.org/t/report-bsdeth-quarterly-report-q4-2024/1064 "2025-01-21T23:31:13Z")

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This report aims to provide a comprehensive update of all bsdETH related activities over the last quarter, including both on-chain and off-chain data. The purpose of this report is to inform and educate the wider Reserve…

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## [\[RFC\] Adjusting the Based ETH (bsdETH) Reward Ratio from 2.5 Days to 1 Week](https://forum.reserve.org/t/rfc-adjusting-the-based-eth-bsdeth-reward-ratio-from-2-5-days-to-1-week/874)

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**Author:** [@0xBabyYodas](https://forum.reserve.org/u/0xBabyYodas)\
**Replies:** 0\
**Last updated:** [August 6, 2024, 8:22am UTC](https://forum.reserve.org/t/rfc-adjusting-the-based-eth-bsdeth-reward-ratio-from-2-5-days-to-1-week/874 "2024-08-06T08:22:49Z")

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Summary Change the Based ETH (bsdETH) Reward Ratio from 2.5 Days to 1 Week. From 2.5 Days: 0.0000032090147 To 1 Week: 0.000001069666666666 Abstract Currently, the reward ratio is set to 2.5 days. This proposal, if ena…

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## [\[RFC\] Based ETH (bsdETH)Issuance and Redemption Throttle Changes](https://forum.reserve.org/t/rfc-based-eth-bsdeth-issuance-and-redemption-throttle-changes/870)

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**Author:** [@0xSleepy](https://forum.reserve.org/u/0xSleepy)\
**Replies:** 0\
**Last updated:** [August 5, 2024, 8:46pm UTC](https://forum.reserve.org/t/rfc-based-eth-bsdeth-issuance-and-redemption-throttle-changes/870 "2024-08-05T20:46:37Z")

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Summary This RFC aims to adjust the Based ETH (bsdETH) issuance throttle to the higher of either 500 ETH or 10% and the redemption throttle to the higher of either 625 ETH or 12.5%. Throttle Current Cap Proposed Cap …

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## [\[RFC\] Important Steps to be Completed Before Finalizing Release 3.4.0 Upgrade for bsdETH](https://forum.reserve.org/t/rfc-important-steps-to-be-completed-before-finalizing-release-3-4-0-upgrade-for-bsdeth/757)

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**Author:** [@0xSleepy](https://forum.reserve.org/u/0xSleepy)\
**Replies:** 0\
**Last updated:** [June 17, 2024, 1:55pm UTC](https://forum.reserve.org/t/rfc-important-steps-to-be-completed-before-finalizing-release-3-4-0-upgrade-for-bsdeth/757 "2024-06-17T13:55:46Z")

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Summary This RFC aims to guide the bsdETH community through the next steps to finalize the bsdETH upgrade to the 3.4.0 smart contract release by Reserve Protocol, by completing the following prerequisites to finalize the…

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## [\[RFC\] Upgrade bsdETH to Release 3.4.0](https://forum.reserve.org/t/rfc-upgrade-bsdeth-to-release-3-4-0/718)

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**Author:** [@0xSleepy](https://forum.reserve.org/u/0xSleepy)\
**Replies:** 0\
**Last updated:** [May 16, 2024, 1:33pm UTC](https://forum.reserve.org/t/rfc-upgrade-bsdeth-to-release-3-4-0/718 "2024-05-16T13:33:17Z")

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Summary This proposal recommends upgrading the bsdETH RToken to version 3.4.0 of the Reserve Protocol to integrate with QiDAO, enabling users to mint MAI with bsdETH following the approval of the proposal from their DAO. …
