# Chaos Labs - Risk Parameter Updates - 05/08/25

**URL:** <https://community.venus.io/t/chaos-labs-risk-parameter-updates-05-08-25/5091>\
**Category:** Venus - Governance Proposals\
**Created:** [May 8, 2025, 6:13pm UTC](https://community.venus.io/t/chaos-labs-risk-parameter-updates-05-08-25/5091 "2025-05-08T18:13:24Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![chaoslabs](https://community.venus.io/user_avatar/community.venus.io/chaoslabs/32/2278_2.png) [@chaoslabs](https://community.venus.io/u/chaoslabs)\
**Post date:** [May 8, 2025, 6:13pm UTC](https://community.venus.io/t/chaos-labs-risk-parameter-updates-05-08-25/5091/1 "2025-05-08T18:13:24Z")

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## **Summary**

A proposal to:

- Increase asBNB’s supply on Venus’s BNB Liquid Staked BNB deployment.

## asBNB **(BNB Liquid Staked BNB)**

asBNB’s supply cap utilization has reached 100%, with 1,800 asBNB supplied in a single transaction.

 ![image](https://community.venus.io/uploads/default/original/2X/c/c9f04db48f870921367ebf71b4fe07c2d18fb816.png)

 ![image (1)](https://community.venus.io/uploads/default/original/2X/b/b87dd0847a29c8345f12da7110bc0660741ca3fa.png)

### **Supply Distribution**

The supply of asBNB is highly concentrated within the top holder representing 92% of the total supply. However, given the minimal amount of assets borrowed against the collateral, the position does not pose any liquidation risk.

 ![image (2)](https://community.venus.io/uploads/default/original/2X/b/be288fe65a45fb8f0ce63ad93d0de6ad2cb51335.png)

The minimal debt against asBNB collateral is currently entirely composed of WBNB.

 ![image (3)](https://community.venus.io/uploads/default/original/2X/f/fafff8ed1ef436b0ca9b95af06aea782c88fa13f.png)

### Liquidity

While asBNB DEX liquidity is minimal, the asset can be atomically unstaked to slisBNB, which liquidity has remained stable over the last 4 months, supporting a sell of 7,000 slisBNB prior to incurring a 1% price impact.

 ![image (4)](https://community.venus.io/uploads/default/original/2X/b/b81945f5176064977e429effd4a89e7730daffcb.png)

### **Recommendation**

Given the safe positioning of asBNB suppliers, combined with sufficent DEX liquidity, we recommend increasing the asBNB supply and borrow cap on the BNB Liquid Staked BNB deployment.

## **Specification**

| Market | **Asset** | **Current Supply Cap** | **Recommended Supply Cap** | **Current Borrow Cap** | **Recommended Borrow Cap** |
| --- | --- | --- | --- | --- | --- |
| BNB Liquid Staked BNB | asBNB | 2,000 | 10,000 | - | - |

## **Disclaimer**

Chaos Labs has not been compensated by any third party for publishing this recommendation.
