Chaos Labs supports the proposed parameter changes in accordance with the reserve strategy, and will begin to perform such decreases through the risk steward. The rationale and intended outcomes are detailed in this and this AGRS update. The ensuing decrease will adhere to the Risk Steward 50bps constraint of both the Base and Slope1 parameters within the respective reserves:
| Instance | Asset | Parameter | Current | Proposed |
|---|---|---|---|---|
| Ethereum Core | USDS | Base | 6.50% | 6.00% |
| Ethereum Prime | USDS | Slope1 | 6.50% | 6.00% |
Disclaimer
Chaos Labs has not been compensated by any third party for publishing this AGRS recommendation.
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