Executed

[SIP-33] Risk Parameter Updates


Proposal ID

115497...6993

Proposed

Nov 28th, 2024

Result details
Final Votes

Quorum

1.98M of 0

Majority support

Yes

For

1.98M

Against

65.52K

Abstain

66.98

Actions

Type

Address

Details

Custom

0x7B08...05A0

configureReserveAsCollateral(..)

Custom

Account

0x7B08...05A0

Method

configureReserveAsCollateral(..)

Custom

0x7B08...05A0

configureReserveAsCollateral(..)

Custom

Account

0x7B08...05A0

Method

configureReserveAsCollateral(..)

Custom

0x7B08...05A0

configureReserveAsCollateral(..)

Custom

Account

0x7B08...05A0

Method

configureReserveAsCollateral(..)

Custom

0x7B08...05A0

configureReserveAsCollateral(..)

Custom

Account

0x7B08...05A0

Method

configureReserveAsCollateral(..)

Proposal

Summary

Chaos labs has shared some analysis with the community and recommends some adjustments to risk paramters. This proposal implements the recommendations posted and supported in discourse here.

Context and motivation

LTVLTReserve FactorSlope1Slope2UOptimal
AERO30.0%40.0%20%9.00%300.00%45.0%
cbBTC73.0%78.0%20%4.00%300.00%45.0%
cbETH65.0% → 75.0%72.0% → 79.0%10%7.00%300.00%45.0%
DAI77.0%80.0%10%7.00% → 5.50%75.00%90.0%
EURC65.0%70.0%20%7.00%75.00%90.0%
USDbC77.0% → 75.0%80.0%15% → 25%7.00%75.00%90.0%
USDC77.0%80.0%5% → 10%7.00% → 8.00%300.00% → 75.0%90.0%
WETH75.0% → 80.0%80.0% → 83.0%10%2.50%80.00%80.0% → 90.0%
wstETH65.0% → 75.0%72.0% → 79.0%10%7.00%300.00%45.0%

Resources/References

Final Votes

Quorum

1.98M of 0

Majority support

Yes

For

1.98M

Against

65.52K

Abstain

66.98

Final Votes
Status

Thu Nov 28, 07:14 pm

Published onchain

Sat Nov 30, 07:14 pm

Voting period started

Tue Dec 3, 07:14 pm

Voting period ended

Tue Dec 3, 07:53 pm

Proposal queued

Thu Dec 5, 08:12 pm

Proposal executed