In the next 24 hours, we will share a Snapshot for a community vote.
After setting the initial caps, Chaos Labs will continuously monitor and examine the markets and provide recommendations given significant changes in the supply and borrowing rates of different assets.
Thats too early for a snapshot. A forum post should be at least 3 days there to be discussed before creating a snapshot for it. Not going to vote for i now.
Hi @EzR3aL, as mentioned above, this proposal follows the Fast-track process for supply and borrow cap proposals, which allows for proposals of this nature to be put up for a Snapshot vote after being in the Governance forum for 24h. More details on the Fast-track process can be found here.
Please note that we have discovered a minor discrepancy between the AIP payload (1,115) and the number presented in the table (1,155) on the original post for WBTC on Arbitrum. As the number in the actual payload is lower (meaning a slightly more conservative cap than originally presented), we do not recommend any further action.
We apologize for the honest mistake.
Appreciate your being upfront about it and reacting before it was executed, look forward to a rigorous process for all risk contributors coming out of this.
