[ARFC] Ethereum v3 Supply Cap Update 18.05.2023

Chaos Labs supports the proposal to increase the supply caps for rETH and wstETH on V3 Ethereum, with the following modification:

Asset Current Supply Cap Recommendation
wstETH 200,000 300,000
rETH 20,000 40,000

Utilizing our supply cap methodology, we conducted stress tests simulating depeg scenarios yielding the results in the graphs below. For wstETH, we recommend a more modest increase in the supply cap than originally proposed.

wstETH:

rETH:

4 Likes