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Gearbox · closed proposal

[GIP-110] Increasing Ethena Caps

0x031D…a2AA·ended 2y ago·Discussion ↗
Voters
37
GEAR voted
370.50M
Token price

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Voting results

Quorum
370.50M / 200.00M GEAR(185%)
✓ Quorum met
Approve370.48M (100.0%)
Reject20.00K (0.0%)
370.50M GEAR · 37 votersblock 19569992

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Full proposal

Original markdown · Gearbox

This proposal offers an increase of USDe limits in Gearbox pools. As you can see in the image below, the current Quota usage for USDe has reached maximum with the exception of newly launched pools USDT and GHO:

Screenshot 2024-04-02 at 22.45.40.png

With the launch of the Ethena’s Season 2, seems demand for Ethena strategies will only increase.

Based on the above, it is proposed to increase the limit on USDe and borrowing limit for Tier 1 Credit Managers of each pool:

| Pool | Current Quota Limit | New Quota Limit |…

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