A proposal to increase the borrow cap for LUSD and rETH on Aave V3 Ethereum.
The borrow cap for rETH on Ethereum is currently at a ~98% utilization.
We recommend increasing the cap from 4.8K to 9.6K
The borrow cap for LUSD on Ethereum is currently at a ~77% utilization.
We recommend increasing the cap from 4M to 8M
|Current Supply Cap
|Recommended Supply Cap
|Current Borrow Cap
|Recommended Borrow Cap
Once we receive feedback from @Gauntlet on the above recommendations, we will be able to move forward to implement these updates via the Risk Steward process.