Aave V3 Ethereum MKR Debt Ceiling Update
This is a proposal to expand the current cap of borrowing against an isolated collateral (MKR) from $2.5 million to $6.0 million. This proposal is compatible with Direct-to-AIP.
Organic demand to use the MKR asset has reached the currently set ceiling. To accommodate this demand and in alignment with Risk service providers teams recommendation, this AIP proposes to expand the MKR debt ceiling from 2.5M$ to 6M$
The following parameter will be modified:
|Token||Current debt ceiling||Proposed debt ceiling|
|MKR Ethereum V3||2.5M$||6M$|
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