Author

Chaos Labs

Summary

Chaos Labs support the proposal to increase Quota Limits on Gearbox’s Arbitrum deployment for the following assets:

• ezETH
• wstETH
• USDe

Liquidity

ezETH

ezETH’s Arbitrum on-chain supply has grown since listing, along with on-chain DEX liquidity. As a result of this improvement, we recommend increasing its Quota Limit to 2,000.

wstETH

wstETH liquidity on Arbitrum is stronger than during its initial listing, allowing us to recommend a Quota Limit increase. A 3,000 wstETH for WETH swap incurs no slippage, allowing us to recommend an increase to 6,000.

USDe

USDe liquidity on Arbitrum has improved significantly, with a 5,000,000 USDe for USDC swap able to be completed with just 1% price slippage. As a result, we recommend doubling the supply cap.

Recommendation

Transaction log

Transaction log is available here Md5 checksum: 70fc426bbe112a51792bf60c07fffd37