Skip to content
New issue

Have a question about this project? Sign up for a free GitHub account to open an issue and contact its maintainers and the community.

By clicking “Sign up for GitHub”, you agree to our terms of service and privacy statement. We’ll occasionally send you account related emails.

Already on GitHub? Sign in to your account

Increase Caps and Execute AIP-414 #46

Merged
merged 1 commit into from
Dec 28, 2023

Conversation

yonikesel
Copy link
Contributor

@yonikesel yonikesel commented Dec 21, 2023

There is an issue with 2 conflicting proposals which can be resolved with the risk steward to increase caps - USDC.e caps were lowered on v3 Polygon on proposal 409 (migration to Native USDC) while proposal 414 tries to migrate USDC from the treasury from v2 Polygon to USDC.e on v3 Polygon.
We can solve this by raising the USDC.e supply cap on V3 Polygon to enable the execution of the proposal.

This PR implements:

  1. Cap increase for USDCe on Polygon V3:
    Supply Cap 40M -> 48M
    Borrow Cap 36M -> 43.5M
  2. AIP-414 (PayloadId 22) Execution bytecode creation.

@yonikesel yonikesel merged commit b3d94ad into main Dec 28, 2023
1 check passed
Sign up for free to join this conversation on GitHub. Already have an account? Sign in to comment
Labels
None yet
Projects
None yet
Development

Successfully merging this pull request may close these issues.

2 participants