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Gearbox · closed proposal

[GIP-117]: Raising limit caps and changing LRT price feeds

0xb9b7…ceeA·ended 2y ago·Discussion ↗
Voters
37
GEAR voted
313.12M
Token price

AI summary

Summary pending — generation runs every 15 minutes.

Voting results

Quorum
313.12M / 200.00M GEAR(157%)
✓ Quorum met
Approve313.09M (100.0%)
Reject28.37K (0.0%)
313.12M GEAR · 37 votersblock 19624884

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Full proposal

Original markdown · Gearbox

Author: van0k.eth

Summary

This proposal aims to raise the quota limit caps for most popular assets on Gearbox (namely, LRTs and Ethena), as well as modify the price feeds for LRTs to improve security and user experience.

Motivation

The technical multisig has currently reached all quota limit caps defined in previous GIPs for LRTs and USDe / sUSDe. This means that any further increases require a vote by the DAO. At the same time, liquidity for LRTs / Ethena Gearbox caps are steadily improving and demand for leverage of these assets remains strong. As the passive lender side keeps g…

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