Proposal overview
Supply/Borrow Cap Updates V3 Arbitrum
Simple Summary
A proposal to adjust three (3) total risk parameters, including Supply Cap and Borrow Cap, across two (2) Aave V3 Arbitrum assets.
Motivation
The objective of this proposal is to recommend updated supply and borrow caps for V3 assets that have reached high utilization of either cap. The recommendations provided in this proposal were derived using Chaos Labs’ Updated Supply and Borrow Cap Methodology
The respective governance forum discussion is linked below:
Specification
The following risk parameter proposal is presented below:
Arbitrum
| Asset | Current Supply Cap | Recommended Supply Cap | Current Borrow Cap | Recommended Borrow Cap |
|---|---|---|---|---|
| WBTC | 2,100 | 4,200 | 1,115 | No Change |
| WETH | 45,000 | 70,000 | 11,165 | 22,000 |
References
Forum Post: Arbitrum Post
Test: Arbitrum Test
Proposal payload implementation: Arbitrum Payload
Copyright
Copyright and related rights waived via CC0.
Your voting info
Voting results
YAE
208,470
AAVE46.68%
NAY
238,094
AAVE53.32%
Votes
Failed on
Apr 21, 2023Required
208.47K
320.00K
Required
-29,623.64
80,000.00
16,000,000
Proposal details
Block
17 Apr 2023, 18:46 UTC +00:00
17068354
Block
18 Apr 2023, 19:14 UTC +00:00
17075554
Block
21 Apr 2023, 11:14 UTC +00:00
17094754
Chaos Labs (@ori-chaoslabs, @yonikesel)