Update weETH/wstETH Vault Parameters
Summary:
This proposal aims to update the weETH/wstETH vault parameters to better optimize utilization and align with current market usage and activity on Fluid.
Code Changes:
Current weETH/wstETH Vault Parameters:
- Collateral Factor: 90.5%
- Liquidation Threshold: 93%
- Liquidation Max Limit: 95%
- Liquidation Penalty: 1%
Proposed weETH/wstETH Vault Parameters:
- Collateral Factor: 93%
- Liquidation Threshold: 95%
- Liquidation Max Limit: 96%
- Liquidation Penalty: 1%
Reason:
The adjustments in the vault parameters are proposed in response to current market conditions. Increasing the collateral factor and liquidation thresholds will enable better utilization of the vault by offering higher LTV and enabling higher leverage.
Result:
This proposal updates the weETH/wstETH vault parameters, enhancing the vault’s efficiency and aligning the vault to current market conditions.
Forum Link: Update weETH/wstETH Vault Parameters
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
0xa761...834324 | 1.51M | FOR |
0xAa72...c44931 | 1.191M | FOR |
0xA45f...8cea01 | 1M | FOR |
0x4604...6A7329 | 500,000 | FOR |
0x69F7...B5a567 | 336,692 | FOR |
VOTE POWER
Proposal Status
- Sat April 20 2024, 09:18 pmVoting Period Starts
- Mon April 22 2024, 09:36 pmEnd Voting Period
- Tue April 23 2024, 10:24 amQueue Proposal
- Wed April 24 2024, 01:30 pmExecute Proposal
Current Results
1-FOR
5.059M
3-ABSTAIN
N/A Tokens
