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The discussion led to an agreement and successful execution of ChaosLabs' proposal to double the supply cap for RPL on Aave V3 Ethereum from 105,000 to 210,000, while the borrow cap remains unchanged. This move aims to alleviate the issue of full utilization.
The discussion primarily revolved around the proposal by ChaosLabs to increase the supply cap for RPL on Aave V3 Ethereum. The current supply cap, which is fully utilized, stands at 105,000. The suggestion was to double this figure to 210,000, while leaving the borrow cap as it is. This proposal was put forward for feedback from Gauntlet1.
In response, Gauntlet confirmed their agreement with the proposed increase in the supply cap2. Following this, ChaosLabs took the necessary steps to prepare the payload for execution via the Risk Steward process3. The discussion concluded with Gauntlet confirming that the proposal had been successfully executed through the Risk Steward4.
In conclusion, the discussion led to a successful agreement and execution of the proposal to increase the supply cap for RPL on Aave V3 Ethereum. The supply cap has been doubled from 105,000 to 210,000, which should help alleviate the issue of full utilization. The borrow cap remains unchanged.
Posted 4 months ago
Last reply 3 months ago
Summary updated 2 months ago
Last updated 04/12 00:18