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GearboxGearboxby0xab025D1Cb886D8464f6aECfC7144C6c4D07aa6D8desnakeee.eth

[GIP-160] Increase WETH CMs Debt Limits on Mainnet

Voting ended over 1 year agoSucceeded

Authors

desnakeee.eth

Summary

This proposal aims to increase debt limits for Trade WETH Tier 1 and Farm WETH Credit managers on Mainnet.

Motivation

Tier 1 CM Cap has been his due to demand for stETH leveraging. Utilzation growth is now blocked by debt limits

Technical specification

Proposed "Trade WETH Tier 1" debt limit: 23000 WETH Proposed "Farm WETH Credit" debt limit: 23000 WETH

Transaction log

Txs log can be found here. Md5 checksum is 19c12fe86b8e9664ed686843c2ce8fe1.

Off-Chain Vote

Approve
271.97M GEAR100%
Reject
0 GEAR0%
Quorum:136%
Download mobile app to vote

Discussion

Gearbox[GIP-160] Increase WETH CMs Debt Limits on Mainnet

Timeline

Aug 21, 2024Proposal created
Aug 21, 2024Proposal vote started
Aug 24, 2024Proposal vote ended
Mar 20, 2026Proposal updated