sUSD Risk Parameters Update
Vote Result: YES
Rationale
Given the sUSD depeg on May 16, it is prudent for the moment to reduce LTV from 60% to 0%, and temporarily freeze the sUSD reserve on Aave V3 Optimism as a precautionary measure. This will prevent any additional growth of leverage and will not impact any existing positions, ensuring that new sUSD positions cannot be used as collateral. Therefore, we will vote YES in favour of this proposal. Moreover, as the peg has now fully recovered, we are in favour of a new analysis potentially shifting LTV back to its former parameter of 60%, obviously based on analysis from Chaos Labs.