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The discussion focused on increasing the rETH supply cap to 60k ($120M) on Ethereum Aave V3 and the SUSHI borrow cap to 180k ($131k) on Polygon Aave V3 due to overutilization. These changes were agreed upon and successfully implemented, reflecting the community's proactive approach to managing asset caps on these platforms.
The discussion primarily revolved around the proposed changes to the borrow and supply cap for assets on Ethereum Aave V3 and Polygon Aave V3. Gauntlet initiated the conversation by suggesting an increase in the rETH supply cap to 60k ($120M) on ETH v3 and the SUSHI borrow cap to 180k ($131k) on Polygon v3. The rationale behind these suggestions was the current caps' overutilization, with the SUSHI borrow cap reaching 94% usage on Polygon Aave V3 and the rETH supply cap hitting 75% usage on ETH Aave V31.
ChaosLabs expressed agreement with these proposed updates2, which were subsequently queued for execution via Risk Steward3. The changes were successfully implemented4, marking the conclusion of the discussion. The community's consensus on these changes indicates a proactive approach to managing asset caps, ensuring the smooth operation of the Ethereum Aave V3 and Polygon Aave V3 platforms.
Posted 4 months ago
Last reply 3 months ago
Summary updated 2 months ago
Last updated 09/12 13:52