[AAVE] GHO Arbitrum Parameter Adjustments
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.
| Parameter | Current | Proposed | |
- | : --: | : : | | Eth GHO Bridge Limit | 2.5M | 20.0M | | Arb GHO Facilitator Capacity | 2.5M | 20.0M | | Arb GHO Supply Cap | 1.0M | 5.0M | | Arb GHO Borrow Cap | 0.9M | 4.5M |
References
- Implementation: AaveV3Ethereum, AaveV3Arbitrum
- Tests: AaveV3Ethereum, AaveV3Arbitrum, E2E
- Snapshot: Direct-to-AIP
- Discussion
Copyright
Copyright and related rights waived via CC0.
Off-Chain Vote
YAE
12 HVAXVC100%
NAY
0 HVAXVC0%
Timeline
Aug 01, 2024Proposal created
Aug 02, 2024Proposal vote started
Aug 04, 2024Proposal vote ended
Mar 26, 2026Proposal updated