[GIP 164] ezETH Quota Limit and CM Limits Increase on Optimism
Author
Chaos Labs
Summary
Chaos Labs recommends increasing the Quota Limit on Gearbox’s Optimism deployment for the following asset:
- ezETH
This recommendation was made after analyzing on-chain liquidity and utilizing our Quota Limit methodology.
On-chain Supply Growth & Liquidity
ezETH currently has a total supply of 5,850 on Optimism. It maintains liquidity across Velodrome and Uniswap pools totaling $4.4 million, or approximately 1,630 ETH.
Recommendation
We recommend raising the Quota Limit in the WETH market to 3,000, given the risk profile of ezETH on Optimism.
Specification
Transaction log
Txs log can be found here Md5 checksum: cd34859d0f1893d05a4aead43fd5bbb7
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
0x6D52...ceA2d7 | 56.018M | Approve |
0xAa16...056c17 | 40M | Approve |
0xf3D4...49d89E | 34.495M | Approve |
0xdAb4...40a38D | 29.214M | Approve |
0x81E8...Fd2c08 | 27.949M | Approve |
VOTE POWER
Proposal Status
- Tue August 27 2024, 02:40 pmVoting Period Starts
- Fri August 30 2024, 02:40 pmEnd Voting Period
Current Results
1-Approve
216.701M
