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Gearbox · closed proposal

[GIP-176] pzETH and sUSDe Quota Limits

0xab02…a6D8·ended 1y ago·Discussion ↗·MEDIUM RISK
Voters
16
GEAR voted
203.25M
Token price

AI summary

This proposal, put forth by Chaos Labs, suggests increasing the maximum amount of certain digital assets that can be held within the Gearbox protocol. Specifically, it recommends raising the quota limit for pzETH to 10,000 Wrapped Ethereum (WETH) and for sUSDe to 30,000,000 USDC. These adjustments are based on Chaos Labs' analysis of Gearbox's oracle configuration and their established methodology for setting such limits.

Impact

If approved, this proposal would allow more of these specific assets (pzETH and sUSDe) to be used within the Gearbox protocol, potentially increasing liquidity and usage for these assets. Users holding or wanting to interact with pzETH and sUSDe within Gearbox would benefit from the increased capacity.

Read full proposal on Snapshot

Voting results

Quorum
203.25M / 200.00M GEAR(102%)
✓ Quorum met
Approve203.25M (100.0%)
Reject0 (0.0%)
203.25M GEAR · 16 votersblock 21135996

🐳 Whale votes

0 votes > 5% VP
No whale votes on this proposal.

Full proposal

Original markdown · Gearbox

Author

Chaos Labs

Summary

Chaos Labs recommends increasing the Quota Limit on Gearbox for the following assets:

  • pzETH on Ethereum ETH V3
  • sUSDe on Ethereum USDC V3

This recommendation was made utilizing our Quota Limit methodology, taking into account the oracle configuration on Gearbox.

Specification

Restaking WETH CM

pzETH recommended quota limit: 10,000 WETH

Trade USDC Tier 1 CM

sUSDe recommended quota limit: 30,000,000 USDC

Transaction log

Txs log can be found here Md5 checksu…

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