LBS Blockchain Society Delegate Platform

[ARFC] MaticX Supply Cap Increase in Polygon V3

Vote Result: YES

Rationale

Given the relatively low risk of liquidation for MaticX since it is mostly used as collateral for borrowing wMATIC, and that the supply cap on Polygon v3 has been reached consistently, it makes sense to increase the cap. Chaos Labs is in favour and while we acknowledge Gauntlet’s concerns, it is better for Aave from a competitive position to offer a higher supply cap for MaticX and drive users to the protocol. Therefore, we will vote YES in favour of this proposal.