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Summary

This proposal increases the borrow limits for the wstETH/ETH vault and updates the trading fee for the sUSDe-USDT DEX pool.

Code Changes

Increase wstETH/ETH Borrow Cap

• Vault ID 13
  wstETH<>ETH:
  • Vault Type: TYPE 1
  • Supply Configuration:
    • Supply Mode: 1
    • Supply Expand Percent: 50%
    • Supply Expand Duration: 6 hours
    • Base Withdrawal Limit in USD: $20M
  • Borrow Configuration:
    • Borrow Mode: 1
    • Borrow Expand Percent: 50%
    • Borrow Expand Duration: 6 hours
    • Borrow Base Limit in USD: $20M
    • Borrow Max Limit in USD: $400M

Update sUSDe-USDT DEX Pool Fee

• DEX Pool 15
  sUSDe-USDT:
  • Updated Trading Fee: 0.02%

Description

This governance proposal helps to update borrow caps for the wstETH/ETH vault and update the trading fee for the sUSDe-USDT DEX pool. The proposal includes the following:

1. Vault Management:

   • Increase withdrawal and borrow limits for:
     • Vault ID 13 - wstETH<>ETH - TYPE 1

2. DEX Management:

   • Update the trading fee for:
     • DEX Pool 15 - sUSDe-USDT - 0.02%

Conclusion

The proposed increase in wstETH/ETH borrow limits will help to accommodate additional liquidity into the wstETH/ETH vault while updating the trading fee for the sUSDe-USDT DEX pool will help to optimize the placement of the pool in the market.