GHO Arbitrum Parameter Adjustments

Share on X
Raw-Ipfs
For

746.81K

Against

0

Voters

Voting power

Support

aci.eth

223.85K

For

ezr3al.eth

176.82K

For

areta...v.eth

103.55K

For

0x2cc...54Df1

103.14K

For

winte...e.eth

44,509.52

For

Payload 1/2
Show more
Created

1 Aug 2024, 4:35 PM

Open for voting

2 Aug 2024, 4:56 PM

Voting closed

5 Aug 2024, 4:56 PM

Passed

Finished

6 Aug 2024, 5:25 PM

Executed

GHO Arbitrum Parameter Adjustments

Created

1 Aug 2024, 4:35 PM

Open for voting

2 Aug 2024, 4:56 PM

Voting closed

5 Aug 2024, 4:56 PM

Passed

Finished

6 Aug 2024, 5:25 PM

Executed

Author

@karpatkey_TokenLogic

Creator

0x57ab7ee15cE5ECacB1aB84EE42D5A9d0d8112922

Copy

Simple Summary

This AIP will adjust several GHO related parameters on Arbitrum.

Motivation

After increasing the CCIP Facilitator Capacity from 1.0M to 2.5M, the new capacity was filled within 90 minutes.

With better than anticipated liquidity conditions and ARB liquidity mining on Aave Protocol expected to start soon, this publication proposes several parameter increases that are supportive of enabling GHO to grow more freely.

The parameter adjustments presented below are endorsed by Chaos Labs as an Aave DAO Risk Service Provider.

Specification

This proposal will implement the following parameter adjustments.

ParameterCurrentProposed
Eth GHO Bridge Limit2.5M20.0M
Arb GHO Facilitator Capacity2.5M20.0M
Arb GHO Supply Cap1.0M5.0M
Arb GHO Borrow Cap0.9M4.5M

References

Copyright

Copyright and related rights waived via CC0.

by BGD Labs