[GIP-8] Pool limits increase
AI summary
This proposal, GIP-8, suggests doubling the maximum capacity of the WETH, USDC, and DAI pools within the Gearbox protocol. Currently, these pools are nearing or at their limits, which prevents new users from borrowing funds. The proposed new limits would be 2,400 WETH, 12 million USDC, and 12 million DAI.
If passed, this would allow more users to borrow WETH, USDC, and DAI, increasing the protocol's utility and potentially its revenue. It primarily benefits new borrowers and the protocol's growth, with no direct negative impact on existing users or the treasury.
Voting results
🐳 Whale votes
0 votes > 5% VPFull proposal
The purpose of this proposal is to address the increased demand for Gearbox pools and to support borrowers with additional funds to leverage. As of now USDC and ETH pools are full and the DAI one approaching the limit, which significantly decreases the ability to onboard new customers. The proposed changes are as follows: A 2x increase in pool max values for USDC, ETH, and DAI.
Updated pool max parameters: WETH pool max: 2400 WETH USDC pool max: 12M USDC DAI pool max: 12M DAI
Pre-GIP discussion: https://gov.gearbox.fi/t/pre-gip-increase-pool-limits/1305 GIP-8 discussi…