0xb4a5ecea…1044sent to0xb7cb3880…15e6·#21,665,095·view on Etherscan
# Collateral basket change proposal: Removal of apxETH and addition of the Morpho Re7 WETH Vault
[https://forum.reserve.org/t/rfc-collateral-basket-change-proposal-removal-of-apxeth-and-addition-of-the-morpho-re7-weth-vault/1056](https://forum.reserve.org/t/rfc-collateral-basket-change-proposal-removal-of-apxeth-and-addition-of-the-morpho-re7-weth-vault/1056)
This proposal discusses three changes to the Degen ETH, dgnETH collateral basket including the removal of apxETH, the re-introduction of the Re7 WETH Morpho Vault at 25% and increase of of the Convex ETH+/ETH LP to 75%. While these changes reduce the diversification ratio of the basket and concentrate risk on the Convex ETH+/ETH strategy, they are proposed to boost sdgnETH yield providing closer alignment with the dgnETH mandate of capturing high yields which consistently outperform the LST market rate.