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Gearbox · closed proposal

[GIP-129]: Maxing out weETH and rsETH limits

0xb9b7…ceeA·ended 2y ago·Discussion ↗
Voters
22
GEAR voted
272.01M
Token price

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Voting results

Quorum
272.01M / 200.00M GEAR(136%)
✓ Quorum met
Approve272.01M (100.0%)
Reject0 (0.0%)
272.01M GEAR · 22 votersblock 19881326

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Full proposal

Original markdown · Gearbox

Author: van0k.eth

Summary

This proposal aims to significantly increase weETH and rsETH limits, and improve rsETH liquidity by adding the UniswapV3 rsETH/WETH 0.05% pool. We also propose to allow pufETH, which was previously forbidden due to an issue with pufETH contracts.

Motivation

Currently the technical multisig has the ability to increase rsETH and weETH limits up to the caps defined in GIP-117, but only when current quota utilization exceeds 90% of the current limit.

As weETH and rsETH now both have fundamental price feeds (rsETH fundamental feed transaction is queued and will b…

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