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The discussion led by ChaosLabs resulted in an agreement to increase the supply caps for LINK, LUSD, and METIS on various platforms, based on a detailed analysis of supply and borrow cap methodologies and user positions. The changes were successfully implemented via the Risk Steward process, as confirmed by Gauntlet.
The discussion primarily revolved around the proposal by ChaosLabs to increase the supply cap for LINK on V3 Optimism, LUSD on Ethereum, and METIS on V3 Metis. The proposed supply caps were based on a thorough analysis of supply and borrow cap methodologies and user positions. The new supply caps suggested were 210K for LINK, 1.8M for LUSD, and 120K for METIS. However, there were no recommendations for changes to the current borrow caps.
The proposal was then forwarded to Gauntlet for review and feedback. After a thorough evaluation, Gauntlet confirmed alignment with the proposed supply cap increases. Following this, ChaosLabs prepared the payload for execution via the Risk Steward process. The changes were successfully executed, as confirmed by [Gauntlet.
In) conclusion, the discussion led to an agreement on increasing the supply caps for LINK, LUSD, and METIS, with the changes being successfully implemented. This decision was based on a detailed analysis of supply and borrow cap methodologies and user positions, and was executed via the Risk Steward process.
Posted 3 months ago
Last reply 3 months ago
Summary updated 2 months ago
Last updated 08/12 04:39