closedEnded 2 years ago · Snapshot (Offchain)
[GIP-148] Increase wstETH quota on Arbitrum
By 0xab02...7aa6D8
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Authors
@desnakeee
Summary
Proposal aims to Increase wstETH quota on Arbitrum.
Motivation
wstETH quota limit has reached ~100% utilization on Arbitrum, while its on-chain liquidity allows to increase caps.
Technical specification
Arbitrum “Main WETH v3” pool parameters
| Parameter | Proposed value |
|---|---|
| wstETH quota limit | 4000 |
Quota increase is in line with Chaos Labs’ recommendation that it shouldn’t be higher than the swap size under 5% price impact (equal to Liquidation premium).
Transaction log
Transaction logs can be found here md5 checksum is 20aeb1c369cff2b5081c27840e69fe8f
Voting
Simple Approve/Reject
Connect Wallet to Add Note
0Votes 21
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0xC4CA...43153B | 71.795M | Approve |
 0xeEEC...3665a3 | 54.988M | Approve |
 0xAa16...056c17 | 40M | Approve |
 0xf3D4...49d89E | 34.464M | Approve |
 0xdAb4...40a38D | 29.203M | Approve |
VOTE POWER
0
Connect Wallet
Proposal Status
- Thu July 25 2024, 03:22 pmVoting Period Starts
- Sun July 28 2024, 03:22 pmEnd Voting Period
Current Results
1-Approve
266.193M
Quorum 266.193M/200M