KVORUM
aaveSource: Aave governance v3 · #181

Increase cbBTC Supply Caps

executedOct 14, 2024, 03:29 PM UTCby570x57ab…2922

01Summary

AISummary by Kvorumclaude-haiku-4-5

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)
Contracts0xcbB7C0000aB88B473b1f5aFd9ef808440eed33Bf0xff7177dd6d8ade5e0d734e632dc8f1e37e2ddda2
Generated by Kvorum
model: claude-haiku-4-5
provider: anthropic
profile: anthropic-fast-v1
prompt: v1.0
generated: 2mo ago
Read the description ↗

02Description

202 words

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:

  1. Enhance liquidity for cbBTC within the Aave protocol.
  2. Provide more opportunities for users to supply and borrow cbBTC.
  3. 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.

cbBTCEthereum V3Base
Increase Supply Caps10000 cbBTC5000 cbBTC

References

Copyright

Copyright and related rights waived via CC0.

03Mismatch analysis

AIMismatch analysis by Kvorumlow confidenceclaude-sonnet-5
Consistent

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
model: claude-sonnet-5
provider: anthropic
profile: anthropic-strong-v1
prompt: v1.0
generated: 2mo ago
Review the decoded actions ↗

04Actions

1 total
#0fallback()chain 0x1
Target
0xff71…dda2
Value
0 wei
Function
fallback()
Arguments
{}
Calldata

05Tally

Summed from votes

Voters0
VP participating0
Outcome (current)—
Current support—

06Voters

0 total

No votes recorded yet.

07Forum

No forum thread is confidently linked to this proposal.