Gauntlet recommendation to set MAI/MIMATIC isolated debt ceiling to 0 for Arbitrum, Avalanche, Polygon, Optimism v3
The AIP to freeze MAI/MIMATIC and set LTV -> 0 has been executed. This will prevent additional borrow and supply of MAI/MIMATIC, and additional borrow against MAI collateral outside of emode.
Given community preference for more caution, Gauntlet also recommends setting isolated debt ceilings to 0 for MAI/MIMATIC. This will further strengthen protection against potentially risky borrowing against MAI collateral.
Gauntlet is exploring ways to move MAI/MIMATIC out of emode for Avalanche and Polygon v3.
|Arbitrum||MAI/MIMATIC||Set Debt Ceiling to 0|
|Optimism||MAI/MIMATIC||Set Debt Ceiling to 0|
|Avalanche||MAI/MIMATIC||Set Debt Ceiling to 0|
|Polygon||MAI/MIMATIC||Set Debt Ceiling to 0|
The proposal implements changes on Arbitrum, Optimism, Polygon, Avalanche v3 using the following pre-deployed payloads:
Changes on Avalanche can be implemented using the pre-deployed steward located at
Gauntlet has not received any compensation from any third-party in exchange for recommending any of the actions contained in this proposal.
Copyright and related rights waived via CC0.
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