[ARC] Gauntlet Recommendations for AAVE, LINK, and WETH on V3 Arbitrum - 2023.03.21

AIP Update

In order to reduce governance fatigue, Gauntlet is bundling several parameter changes given that they are all cap updates. Gauntlet will be bundling parameter changes on ETH V3 and rETH along with these parameter changes in this forum post.

To summarize, the AIP will incorporate the following changes:

V3 Arbitrum:

  • Increase WETH’s Supply Cap from 35,280 to 45,000

V3 ETH:

  • Increase rETH’s Supply Cap from 10,000 to 20,000
  • Decrease CRV’s Supply Cap from 62,500,000 to 51,000,000

In order to avoid voting on the weekend, we plan on putting up the AIP on Monday 3/27/2023.

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