Chaos Labs - Risk Parameter Updates - 02/20/24

Venus Governance Venus - Governance Proposals
1

Summary

  1. WBETH (Core Pool) - increase borrow cap to 4,000

Analysis

WBETH

The borrow cap for WBETH on Venus Core Pool is currently at 100% utilization.

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There is currently a single user borrowing 1.06k WBETH, amounting to 53% of the total borrows of the asset. The user is currently borrowing $8.19M (in WBETH and USDT) against his $13.2M BTCB collateral, bringing his health score to 1.29.

Utilizing our supply and borrow cap methodology, we recommend doubling the borrow cap, setting it at 4K WBETH.

Current Supply Cap Recommended Supply Cap Current Borrow Cap Recommended Borrow Cap
WBETH 40,000 No Change 2,000 4,000
3 Likes
2

It’s a good advice. WBETH (Core Pool) - increase borrow cap to 4,000

3

Seems fine to me, till now the recommendations were good. I would follow.

4

Excellent work by the ChaosLabs team with these recommendations!

5

Very good recommendations from Chaos Labs to keep the Venus markets financially healthy