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Voters
22
GEAR voted
266.19M
Token price
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AI summary
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Voting results
Quorum
266.19M / 200.00M GEAR(133%)
✓ Quorum met
Approve266.19M (100.0%)
Reject0 (0.0%)
266.19M GEAR · 22 votersblock 20385653
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0 votes > 5% VPNo whale votes on this proposal.
Full proposal
Original markdown · Gearbox
Author
@Chaos Labs
Summary
A proposal to increase the Quota Limit for rswETH
Motivation
Currently, rswETH has reached 498.81 rswETH, or 99.76% of it’s Quota Limit as seen here: https://dune.com/desnakeee/gearbox-quota-utilization As a result, we find it prudent to update rswETH’s Quota Limit to allow for additional deposits. Chaos Labs' methodology for setting this Quota Limit is based on 2x the price impact under the 3% Liquidation Bonus. With this methodology, there is room for a ~3,800 rswETH Quota Limit. However, given that Swell has not yet enabled withdrawals, we ha…
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