SCCP-336: Update Arbitrum LP caps
| Author | Cavalier, Millie |
|---|---|
| Status | Implemented |
| Type | Governance |
| Network | Arbitrum |
| Implementor | TBD |
| Release | TBD |
| Proposal | Loading status... |
Simple Summary
This SCCP proposes to reconfigure the LP caps for Arbitrum as the system prepares to scale up; $10m for ARB, ETH, USDC and aUSDC as collateral and Wrapper asset, and remove DAI as collateral and Wrapper asset.
Abstract
The parameters configurations description is as follows:
LP capacity in native units
- USDC 10m
- ETH 2700
- ARB 10m
- aUSDC (aaveUSDC) 10m
- Remove DAI by setting cap to 0
Wrappers
- USDC Wrapper capacity 10m
- Disable DAI wrapper by setting to 0
Motivation
The Arbitrum deployment is ready to be configured for all collateral types as defined by SIP-367, with the removal of DAI due to duplication with USDC market segment and replaced with yield-bearing aave wrapped USDC.
Copyright
Copyright and related rights waived via CC0.