CRV Aave V2 Ethereum - LT Reduction
01Summary
Reduce the Liquidation Threshold (LT) for CRV on Aave V2 Ethereum from 49 to 47 (a 2% reduction) as part of the CRV V2 Ethereum Deprecation Plan, aligned between Chaos Labs and Gauntlet based on current market conditions and protocol usage.
- Type
- parameter change
Key changes
- CRV Liquidation Threshold reduced from 49 to 47 on Aave V2 Ethereum(high)
Notable concerns
- Represents compromise between Chaos Labs' proposed 3% reduction and Gauntlet's proposed 2% reduction
Generated by Kvorum
02Description
Simple Summary
A proposal to reduce Liquidation Threshold (LT) for CRV on Aave V2 Ethereum.
Motivation
Following the CRV V2 Ethereum Deprecation Plan approved by the community and given the current market conditions and protocol usage, Chaos Labs and Gauntlet aligned on a 2% LT reduction.
Chaos originally proposed a 3% reduction, while Gauntlet proposed a 2% reduction. The individual analyses and considerations can be found in the forum discussion.
Specification
| Asset | Parameter | Current Value | Recommendation | Change |
|---|---|---|---|---|
| CRV | LT | 49 | 47 | -2% |
References
- Implementation: Ethereum
- Tests: Ethereum
- Discussion
Copyright
Copyright and related rights waived via CC0.
03Mismatch analysis
A calldata-vs-description analysis is not generated yet. Review the decoded actions →
04Actions
- Target
- 0x3ed5…48fa
- Value
- 0 wei
- Function
- fallback()
- Arguments
{}- Calldata
05Tally
Summed from votes
06Voters
| Voter | Choice | % of total | Rationale | ||
|---|---|---|---|---|---|
| 320x329c…3ed4 | For | 108.9K | 19.88% | — | 3y ago |
| 200x2079…d6ce | For | 101.2K | 18.48% | — | 3y ago |
| B80xb83b…cf5c | For | 82.5K | 15.06% | — | 3y ago |
| 130x13bd…8548 | For | 80.4K | 14.69% | — | 3y ago |
| EA0xea17…6676 | For | 54.1K | 9.88% | — | 3y ago |
| B90xb933…8dd1 | For | 44.1K | 8.05% | — | 3y ago |
| 2C0x2cc1…4df1 | For | 28.4K | 5.19% | — | 3y ago |
| 570x57ab…2922 | For | 23.9K | 4.37% | — | 3y ago |
| E40xe459…e666 | For | 20K | 3.65% | — | 3y ago |
| 180x1855…98ba | For | 3K | 0.55% | — | 3y ago |
| 870x8787…ea52 | For | 1K | 0.18% | — | 3y ago |
| DF0xdf06…4977 | For | 27.3 | 0.00% | — | 3y ago |
| 450x4505…2726 | For | 1.3 | 0.00% | — | 3y ago |
| 700x70df…1889 | For | 1 | 0.00% | — | 3y ago |
| B90xb9f1…36d4 | For | 1 | 0.00% | — | 3y ago |
| D40xd492…41f2 | For | 0.2 | 0.00% | — | 3y ago |
| EC0xecd0…6d74 | For | 0.2 | 0.00% | — | 3y ago |
| 340x3496…126b | For | 0.1 | 0.00% | — | 3y ago |
| 500x50d2…5318 | For | 0.1 | 0.00% | — | 3y ago |
| 2E0x2ece…a88e | For | 0.1 | 0.00% | — | 3y ago |
| 180x1893…a94f | For | 0.1 | 0.00% | — | 3y ago |
| 730x7373…ec2c | For | 0.1 | 0.00% | — | 3y ago |
| 4A0x4a50…b90a | For | 0.1 | 0.00% | — | 3y ago |
| 9A0x9a42…651f | For | 0.1 | 0.00% | — | 3y ago |
| 5D0x5db0…a92f | For | 0.1 | 0.00% | — | 3y ago |
| 990x9980…4eed | For | 0.1 | 0.00% | — | 3y ago |
| 820x82e1…a6d5 | For | 0.1 | 0.00% | — | 3y ago |
| 820x8207…076a | For | 0 | 0.00% | — | 3y ago |
07Forum
No forum thread is confidently linked to this proposal.
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