[Temp Check] Increase MKR cap of borrowing


This is a proposal to expand the current cap of borrowing against an isolated collateral (MKR) from $6.0 million to $10.0 million.


I currently have $7.7 million MKR on deposit with AAVE… and would like to expand how much I have borrowed against the position. Unfortunately, the current cap of $6.0 million has been hit – and I am unable to take any further loans against the position.


This proposal will achieve the following:

  • Expand the cap from $6.0 million to $10.0 million.


I am the largest MKR depositor with AAVE.

Next Steps

I am a rookie to AAVE governance. I’ve made my best efforts in this proposal – but AAVE will need to take it from here in terms of what has to happen to execute upon this.


No claims to copyright with this post.

1 Like

Thanks for this post @Leritu, as we’ve mentioned in the post here, we are analyzing the potential for increasing the debt ceiling for MKR and will update the community shortly.

1 Like

This topic was automatically closed 30 days after the last reply. New replies are no longer allowed.