Author

@Chaos Labs

Summary

A proposal to:

Increase the Quota Limit for ezETH on Ethereum and Arbitrum Switch to a fundamental oracle

Motivation

Renzo Protocol plans to enable ezETH withdrawals within the next week. As a result, we find it prudent to update ezETH’s Quota Limits to allow for new positions to be opened. Chaos Labs' methodology for setting this Quota Limit is based on 2x the price impact under the 3% Liquidation Bonus.

Additionally, we recommend switching to a fundamental oracle to protect against market volatility by reflecting the intrinsic value of locked assets. This …