VIP-534 [BNB Chain] Risk Parameters Adjustments (Liquid Staked ETH assets on BNB Chain)
If passed, this VIP will perform the changes recommended by Chaos Labs in the Venus community forum publication Chaos Labs - Isolated Instance Parameter Updates - 07/17/25:
- ETH (Liquid Staked ETH):
- reduce the supply cap, from 3,600 ETH to 18 ETH
- reduce the borrow cap, from 3,250 ETH to 10 ETH
- wstETH (Liquid Staked ETH):
- reduce the supply cap, from 3,200 wstETH to 10.75 wstETH
- reduce the borrow cap, from 320 wstETH to 0 wstETH
- increase the Collateral Factor, from 0% to 5%
- weETH (Liquid Staked ETH):
- reduce the supply cap, from 120 weETH to 4 weETH
- reduce the borrow cap, from 60 weETH to 0 weETH
- increase the Collateral Factor, from 0% to 5%
Complete analysis and details of this recommendation are available in the above publication.
Vote here 🗳: https://app.venus.io/#/governance/proposal/534?chainId=56