Increase cbBTC Supply Caps
01Summary
Proposal to increase cbBTC supply caps on Aave V3 to 10,000 cbBTC on Ethereum and 5,000 cbBTC on Base to enhance liquidity and capital efficiency.
- Type
- parameter change
Key changes
- Increase cbBTC supply cap on Aave V3 Ethereum Market from current level to 10,000 cbBTC(high)
- Increase cbBTC supply cap on Aave V3 Base Market from current level to 5,000 cbBTC(high)
Generated by Kvorum
02Description
Simple Summary
This proposal aims to increase the supply caps for cbBTC on both the Aave V3 Ethereum Market and BASE. The increase in supply caps will allow for greater utilization of cbBTC within the Aave ecosystem, potentially improving liquidity and capital efficiency.
Motivation
The current supply caps for cbBTC on Aave V3 Ethereum and BASE markets may be limiting the potential growth and utilization of this asset, as we’ve seen demand and current Supply Caps not being enough to allocate it.
By increasing these caps, we can:
- Enhance liquidity for cbBTC within the Aave protocol.
- Provide more opportunities for users to supply and borrow cbBTC.
- Potentially attract more users and capital to the Aave ecosystem.
Specification
Ticker: cbBTC (cbBTC)
Mainnet: 0xcbB7C0000aB88B473b1f5aFd9ef808440eed33Bf
Base: 0xcbB7C0000aB88B473b1f5aFd9ef808440eed33Bf
We propose to Increase Supply Caps on Mainnet to 10000 cbBTC and to Increase Supply Caps on Base to 5000 cbBTC.
| cbBTC | Ethereum V3 | Base |
|---|---|---|
| Increase Supply Caps | 10000 cbBTC | 5000 cbBTC |
References
- Implementation: AaveV3Ethereum, AaveV3Base
- Tests: AaveV3Ethereum, AaveV3Base
- Snapshot: Direct AIP
- Discussion
Copyright
Copyright and related rights waived via CC0.
03Mismatch analysis
The proposal describes two concrete parameter changes: raising the cbBTC supply cap to 10000 on Aave V3 Ethereum and to 5000 on Aave V3 Base. The only decoded on-chain action is a call to execute() (a fallback function with no arguments) on what appears to be an Aave governance payload/controller contract on Ethereum. This matches the well-known Aave V3 cross-chain governance pattern, where the actual parameter-setting logic (setSupplyCap calls, and the cross-chain message to Base) is hard-coded inside the payload contract rather than passed as calldata arguments to the governance executor. Because the calldata gives no visibility into the payload's internal logic, it is not possible to directly verify that the exact cap values (10000 and 5000) match what the contract will set, nor to confirm the Base-side action is included. However, this opacity is expected and routine for this proposal type (as referenced by the linked BGD Labs implementation and test files), not evidence of a mismatch. No contradictory targets, values, or omitted high-level actions are visible in the decoded data. Given the inability to inspect the payload internals, confidence in a full value-level comparison is low, but nothing in the available data contradicts the description, so the assessment is 'consistent' rather than flagging an unverifiable discrepancy.
Generated by Kvorum
04Actions
- Target
- 0xff71…dda2
- Value
- 0 wei
- Function
- fallback()
- Arguments
{}- Calldata
05Tally
Summed from votes
06Voters
No votes recorded yet.
07Forum
No forum thread is confidently linked to this proposal.
08Similar proposals
- aaveexecutedincrease supply cap for cbETH Aave Ethereum V384%
- aaveexecutedincrease supply cap for cbETH Aave Ethereum V384%
- aaveexecutedincrease supply cap for cbETH Aave Ethereum V384%
- aavedefeatedincrease supply cap for cbETH Aave Ethereum V384%
- aaveexecutedIncrease weETH Caps on Base82%
- aaveexecutedChaos Labs Risk Parameter Updates - Decrease Supply and Borrow Caps on Aave V378%
- aaveexecutedBorrow Cap Reductions on Aave V3 Ethereum73%
- aaveexecutedSupply and Borrow Caps Update - LUSD - v3 Ethereum72%
- aaveexecutedReinstate Supply and Borrow Caps on Aave V3 Gnosis Instance71%
- aaveexecutedChaos Labs Risk Parameter Update - MAI Aave V370%