Increase WETH borrowing limit for Virtual-WETH on Base
I am proposing to increase the WETH borrowing limit for the popular Virtual-WETH pair on Base. The TVL on Aerodrome at the time of writing this proposal is 18.5 million with 3.18 million being farmed on Extrafi. The 500 WETH limit is often maxed out.
Off-Chain Vote
Keep the limit at 500 WETH
95.01K veEXTRA2%
Raise the limit to 750 WETH
74.77K veEXTRA1.6%
Raise the limit to 1,000 WETH
4.63M veEXTRA96.5%
Quorum:9606%
Timeline
May 08, 2024Proposal created
May 09, 2024Proposal vote started
May 12, 2024Proposal vote ended
May 12, 2024Proposal updated