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Increase ETH borrow limit on KLIMA/ETH pool 300->600 WETH

Voting ended over 1 year agoSucceeded

Currently the ETH borrow limit is set at 300 and is maxed out for this pool. The KLIMA token has had positive news about not being classed as a security and continues to perform well as an asset.

I suggest based on the continued strength of the token and the large amount of ETH in reserve (utilIzation rate currently 45%) that a doubling of the lending amount from 300->600 ETH is reasonable.

Off-Chain Vote

Double WETH lending (600 ETH)
13.46M veEXTRA99.7%
Remain as is (300 ETH)
43.3K veEXTRA0.3%
Quorum:27013%
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Timeline

Jul 22, 2024Proposal created
Jul 23, 2024Proposal vote started
Jul 26, 2024Proposal vote ended
Dec 21, 2024Proposal updated