Proposals

Proposals

/

Proposal

Executed

Reduce Borrow Collateral Factor for rsETH to 0 on L2 Markets

Proposed by

User profile image

0x4D80...Ef4B

0x4D80...Ef4B

Proposal ID

572

Governor

Compound Governor

Proposed

Result details
Final Votes

Quorum

817.73K of 400K

Majority support

Yes

For

817.73K

Against

0

Abstain

0

Actions

Type

Address

Details

Custom

Bridge to Arbitrum

0x4Dbd...AB3f

createRetryableTicket(..)

Custom

Account

Bridge to Arbitrum

0x4Dbd...AB3f

Method

createRetryableTicket(..)

Custom

Bridge to Base

0x866E...0Afa

sendMessage(..)

Custom

Account

Bridge to Base

0x866E...0Afa

Method

sendMessage(..)

Custom

Bridge to Optimism

0x25ac...5fA1

sendMessage(..)

Custom

Account

Bridge to Optimism

0x25ac...5fA1

Method

sendMessage(..)

Custom

Bridge to Linea

0xd19d...876F

sendMessage(..)

Custom

Account

Bridge to Linea

0xd19d...876F

Method

sendMessage(..)

Proposal

This proposal reduces the collateral factor utilized on borrow for rsETH-once executed, rsETH on Arbitrum WETH, Base WETH, Linea WETH, Optimism WETH and Unichain WETH markets can not be used as collateral for new loans. Note that this proposal will not directly trigger any liquidations as the liquidation collateral factor remains unchanged.

Please see the forums for further details

Final Votes

Quorum

817.73K of 400K

Majority support

Yes

For

817.73K

Against

0

Abstain

0

Final Votes
Status

Published onchain

User profile image

0x4D80...Ef4B

Voting period started

Voting period ended

Proposal queued

Proposal executed