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Proposal overview

Risk Parameter Updates for Aave V3 ETH and V3 Arbitrum (2023-03-27)

Executed

Executed on 

Apr 01, 2023

Summary

A proposal to make parameter changes on Aave V3 ETH and V3 Arbitrum. For more details, please refer to this forum post and Gauntlet's methodology for borrow and supply caps.

Specification

V3 Arbitrum:

  • Increase WETH’s Supply Cap from 35,280 to 45,000

V3 ETH:

  • Increase rETH’s Supply Cap from 10,000 to 20,000
  • Decrease CRV's Supply Cap from 62,500,000 to 51,000,000

Implementation

The proposal implements supply cap updates through two pre-deployed payloads, one for Ethereum and the other for Arbitrum:

Copyright

Copyright and related rights waived via CC0.

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Your voting info

Voting results

YAE

548,718

AAVE

100.00%

NAY

0

AAVE

0%

Votes

State
Executed

Executed on 

Apr 01, 2023
Quorum
Reached
Current votes

Required

548.71K

320.00K

Differential
Reached
Current differential

Required

548.71K

80,000.00

Total voting power

16,000,000

Proposal details

Created

Block

28 Mar 2023, 00:29 UTC +00:00

16922284

Started

Block

29 Mar 2023, 00:47 UTC +00:00

16929484

Ended

Block

31 Mar 2023, 16:47 UTC +00:00

16948684

Executed

1 Apr 2023, 17:33 UTC +00:00

Author

Paul Lei, Nick Del Zingaro, Jonathan Reem, Nick Cannon, Walter Li, Watson Fu, Sarah Chen

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