Aave

Summary

Gauntlet recommends cap changes on Ethereum v3 and Optimism v3. For more details, see the full forum post here.

Motivation

Cap usages have been historically low and liquidity has declined for several assets - we recommend lowering caps to reduce tail risks. Our dashboard has more color on how caps have continuously evolved over the past few months.

Specification

Chain	Asset	Cap	Current	Recommended
Ethereum	BAL	SUPPLY	700000	350000
Ethereum	LINK	SUPPLY	24000000	15000000
Optimism	OP	SUPPLY	20000000	10000000

Implementation

The proposal implements changes on Ethereum v3 and Optimism v3 using the following pre-deployed payloads:

• Ethereum: 0x2ee993533a482fe0f22d0FdF1B84AE1a0537E5ed
• Optimism: 0xE1Dd796dBEB5A67CE37CbC52dCD164D0535c901E

Copyright

Copyright and related rights waived via CC0.

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