Proposal overview
Risk Parameter Updates for Ethereum v3 (05/09/2023)
Simple Summary
A proposal to make parameter changes on Ethereum v3. For more details, see the full forum post here.
Motivation
Asset LUSD borrow cap usage is at 79%. As per our Methodology, Gauntlet would support increasing the borrow cap for this stablecoin to 4M.
Specifications
ETH v3
Asset | Current Cap | Borrow Cap Recommendation |
---|---|---|
LUSD | 2.4M | 4M |
Implementation
The proposal implements changes on Aave V3 Ethereum using the following pre-deployed payload:
Copyright
Copyright and related rights waived via CC0.
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Your voting info
Voting results
YAE
520,826
AAVE100.00%
NAY
0
AAVE0%
Votes
Executed on
May 21, 2023Required
520.82K
320.00K
Required
520.82K
80,000.00
16,000,000
Proposal details
Block
16 May 2023, 02:58 UTC +00:00
17269465
Block
17 May 2023, 03:21 UTC +00:00
17276665
Block
19 May 2023, 19:21 UTC +00:00
17295865
21 May 2023, 05:04 UTC +00:00
Paul Lei, Watson Fu, Nick Del Zingaro, Walter Li, Jonathan Reem, Nick Cannon, Garrett Peterson, Sarah Chen