TL;DR:
MarcZeller proposed an Aave Request For Comment (ARFC) to double the supply and borrow caps of wstETH on the Aave V3 Arbitrum market, due to high utilization rates. However, the discussion was closed due to overlap with another ARFC, emphasizing the need for careful coordination and communication in proposing platform changes.
The discussion primarily revolved around an Aave Request For Comment (ARFC) proposed by MarcZeller. The proposal aimed to increase both the supply and borrow caps of wstETH on the Aave V3 Arbitrum market by 100%. The proposed increase would raise the supply cap to 4,800 wstETH and the borrow cap to 380 wstETH. The motivation behind this proposal was the current utilization of wstETH, which was at 100% of its supply cap 2,400 and approximately 99% of its borrow cap 190 on the Aave V3 Arbitrum market. The proposed increase was intended to accommodate more users and meet the growing market demand.
However, the discussion took a turn when MarcZeller noted that this proposal overlapped with another ARFC. To avoid confusion and duplication of efforts, the topic was closed. This decision was made in the interest of maintaining clarity and efficiency within the community. Despite the closure of this topic, the discussion highlighted the need for careful coordination and communication in proposing changes to the platform.
Posted 9 months ago
Last reply 9 months ago
Summary updated 2 months ago
Last updated 08/12 04:39