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Gearbox · closed proposal

[GIP-148] Increase wstETH quota on Arbitrum

0xab02…a6D8·ended 2y ago·Discussion ↗
Voters
21
GEAR voted
266.19M
Token price
—

AI summary

Summary pending — generation runs every 15 minutes.

Voting results

Quorum
266.19M / 200.00M GEAR(133%)
✓ Quorum met
Approve266.19M (100.0%)
Reject0 (0.0%)
266.19M GEAR · 21 votersblock 20384425

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Full proposal

Original markdown · Gearbox

Authors

@desnakeee

Summary

Proposal aims to Increase wstETH quota on Arbitrum.

Motivation

wstETH quota limit has reached ~100% utilization on Arbitrum, while its on-chain liquidity allows to increase caps.

Technical specification

Arbitrum "Main WETH v3" pool parameters

ParameterProposed value
wstETH quota limit4000

Quota increase is in line with Chaos Labs' recommendation that it shouldn't be higher than the swap size under 5% price impact (equal to Liquidation premium).

Transaction log

Transaction logs …

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