Skip to content

Latest commit

 

History

History
24 lines (18 loc) · 715 Bytes

YPP-0006.md

File metadata and controls

24 lines (18 loc) · 715 Bytes

Proposal

Raise DAI/ETH and USDC/ETH ceiling limits to 500K DAI and 500K USDC respectively

Background

Due to unprecedented demand, the limits for borrowing DAI or USDC with ETH as collateral have already been reached.

At the same time, there haven't been any major incidents yet, and samczsun hasn't managed to hack Yield v2, so we feel more confident in the protocol.

Details

The updateCeiling.ts script will be used, with this input:

/**
 * @dev Input file for updateCeiling.ts
 */

import { ETH, DAI, USDC, WBTC, USDT } from '../../../shared/constants'

// Input data: baseId, ilkId, maxDebt
export const newMax: Array<[string, string, number]> = [
  [DAI, ETH, 500000],
  [USDC, ETH, 500000],
]