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Gearbox · closed proposal

[GIP-130] Reducing quotas and LTs for unutilized tokens

0xB9ab…2cec·ended 2y ago·Discussion ↗
Voters
23
GEAR voted
283.04M
Token price

AI summary

Summary pending — generation runs every 15 minutes.

Voting results

Quorum
283.04M / 200.00M GEAR(142%)
✓ Quorum met
Approve283.04M (100.0%)
Reject0 (0.0%)
283.04M GEAR · 23 votersblock 19927227

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Full proposal

Original markdown · Gearbox

Author:

@DeSnake @apeir99n

Summary

This proposal aims to change risk parameters for v3 Mainnet deployment.

Motivation

While we witnessed quick growth of protocol’s TVL and utilization, most of this growth was induced by very few use cases. Particularly, WETH pool contributes to ~64% of total supply and borrowing USDC pool contributes to ~27% of total supply and borrowing USDT and DAI pools together contribute to 7% of total supply and borrowing GHO pool contributes to 1.5% of total supply and borrowing WBTC pool contributes to 0.5% of total supply and borrowing At the same time …

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