Proposal: Improving wMATIC Parameters on Aave v3 Polygon

[MarcZeller]

this proposal got refactored by @Llamaxyz and posted as a separated thread.

new proposal focus on wMATIC risk parameters update first, stMatic & MaticX updates can be done at a later stage on segregated proposals.

[ARFC] Aave v3 Polygon wMATIC Interest Rate Update

title: [ARFC] Aave v3 Polygon wMATIC Interest Rate Update Author: @Llamaxyz, @MatthewGraham Dated: 2022-10-17 Simple Summary Llama presents a proposal to amend the wMATIC interest rate parameters on the Aave Polygon v3 Liquidity Pool. Abstract The current utilization of the wMATIC Reserve is 42.5% with borrowing costs of 6.61%, [1]. As the borrowing cost exceeds the yield obtained from staked MATIC receipt tokens, there is insufficient economic incentive for users to utilize the MATIC eM…