Chaos Labs initiated the ARFC proposal to "increase the supply and borrowing limits of certain assets on Aave V3 on Arbitrum."

2024-05-22 20:05:00
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ChainCatcher news, according to the Aave official governance forum, Chaos Labs has initiated an ARFC proposal to "increase the supply and borrowing limits of certain assets on Aave V3 on Arbitrum," which includes:

  • Increasing the WETH supply limit from 84,000 to 100,000, and the borrowing limit from 72,000 to 90,000;
  • Increasing the USDC supply limit from 200 million to 300 million, and the borrowing limit from 180 million to 270 million;
  • Increasing the WBTC supply limit from 4,200 to 5,000, while keeping the borrowing limit unchanged at 1,100.

It is reported that if the proposal is approved by community vote, Chaos Labs will advance and implement these updates through the Risk Steward process.

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