# Michigan Blockchain Delegate Platform **URL:** \ **Category:** Delegate Platforms\ **Created:** [March 16, 2023, 6:40pm UTC](https://governance.aave.com/t/michigan-blockchain-delegate-platform/12313 "2023-03-16T18:40:09Z")\ **Posts on this page:** 1\ **Showing post:** 8
**Author:** ![Michigan\_Blockchain](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/michigan_blockchain/32/7913_2.png) [@Michigan\_Blockchain](https://governance.aave.com/u/Michigan_Blockchain)\ **Post date:** [September 18, 2023, 9:46am UTC](https://governance.aave.com/t/michigan-blockchain-delegate-platform/12313/8 "2023-09-18T09:46:22Z")
# [Gauntlet recommendation for WETH Uopt on Ethereum v3](https://governance.aave.com/t/gauntlet-recommendation-for-weth-uopt-on-ethereum-v3/14802) Our Vote: Option 3: 0.9 (no change) Our Rationale: Liquidity: - Gauntlet brought up very reasonable liquidity concerns about wETH. However, their analysis is based on the assumption of no debt repayment which is extreme. - Even with 100% utilization, liquidators can get aWETH with a bonus and earning at really high return (while 100% utilization lasts). v2 → v3 migration: - The proposal would make v2 more attractive than v3, which hurts the migration. Revenue - lowering the change makes recursive borrowing less attractive on Aave, we don’t want that for one of Aave’s best revenue-generating assets. --- _[View the full topic](https://governance.aave.com/t/michigan-blockchain-delegate-platform/12313)._