Author

Chaos Labs, desnake

Summary

1. $GEAR was sent to a CA by mistake as a reimbursement for user. For him to be able to withdraw it, $GEAR is needed to be enabled
2. stkcvxRLUSDUSDC was onboarded with conservative limits before Chaos Labs had their recommendation ready. The limits proposed by them was higher than those which were implemented (see discord topic). It’s proposed to raise limits to recommended level.
3. rstETH demand as collateral has been steadily reaching ever-raised caps. Chaos Labs proposed to raise its limits once again (see discord topic)

Specification

Oracle

• GEAR (0xba3335588d9403515223f109edc4eb7269a9ab5d)
  • ZERO_PRICE_FEED
  • Trusted: True

USDC, USDT, DAI, GHO, DOLA v3 Pool

Set quota limits:

Token	stkcvxRLUSD/USDC
Quota Limit	3.000.000

Add quoted tokens (compatibility: limit:0; maxRate: 0.01%; minRate: 0.01%):

• $GEAR

USDC, USDT, DAI, GHO, DOLA Tier 1 CM

Add collateral tokens (LT: 0%):

• $GEAR

wstETH v3 Pool

Set quota limits:

Token	rstETH
Quota Limit	35.000

Transaction log

The log can be found here Md5 checksum is bc6412c5ce7b0b9f5c320b670a90c0f4

Execution

It’s proposed to sign the txn listed above by the Technical Multisig as soon as the quorum is gathered (contingent on winning choice being “For”). Txn will be timelocked for 36 hours to be executed contingent on the actual result of the vote after it ends.

This structure is proposed to be able to execute the increase earlier.