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The discussion focused on proposed changes to the borrow and supply cap for assets on Metis, Arbitrum, Optimism, and Ethereum v3, initiated by Gauntlet and further adjusted by ChaosLabs. Due to a timelock, changes to Arbitrum LUSD and Metis METIS were scheduled for September 25, reflecting the community's active role in managing asset parameters for optimal performance and risk management.
The discussion primarily revolved around the proposed changes to the borrow and supply cap for various assets on Metis, Arbitrum, Optimism, and Ethereum v3. Gauntlet initiated the conversation by suggesting a series of modifications due to increased cap usage. The assets in question included Arbitrum WSTETH, Optimism WSTETH, Ethereum WSTETH, Metis METIS, Metis m.USDT, Metis m.USDC, and Metis WETH.
ChaosLabs responded to these recommendations with a few alterations of their own. While they agreed with the majority of the proposed changes, they suggested a smaller increase for Ethereum WSTETH Supply and larger increases for Metis m.USDT and m.USDC. They also recommended no change for Metis WETH Supply. Both Gauntlet and ChaosLabs concurred on the need to increase LUSD supply and borrow caps on Arbitrum.
However, due to a timelock resulting from recent updates, the changes to Arbitrum LUSD and Metis METIS could not be implemented immediately and were scheduled for Monday, September 25. All transactions were executed via Risk Steward, with the Arbitrum LUSD and Metis METIS changes being queued. This discussion reflects the community's active involvement in managing and adjusting the parameters of various assets to ensure optimal performance and risk management.
Posted 3 months ago
Last reply 2 months ago
Summary updated 2 months ago
Last updated 08/12 04:39