MIP19 - Raise the P2P Cursor on AaveV2/V3 Optimizers for the WETH market
Morpho Labs proposes to raise the peer-to-peer index cursor α on wETH markets for both Morpho’s AaveV2 and AaveV3-ETH Optimizers.
This change will increase the P2P supply from APY and should encourage more wETH supply. In turn, increasing the percentage of borrowers receiving the peer-to-peer APY.
Current values for α:
- Morpho-Aave V2 (wETH): 47.4%
- Morpho-Aave V3 (wETH): 50.0%
Off-Chain Vote
50%
21.71K MORPHO0.2%
60%
3.13K MORPHO0%
70%
12.96M MORPHO98.5%
80%
176.63K MORPHO1.3%
Quorum:2632%
Timeline
Jul 04, 2023Proposal created
Jul 04, 2023Proposal vote started
Jul 07, 2023Proposal vote ended
Oct 26, 2023Proposal updated