SCCP-333: Increase Arbitrum LP caps

Author
Cavalier
StatusDraft
TypeGovernance
NetworkArbitrum
ImplementorTBD
ReleaseTBD

Simple Summary

This SCCP proposes to increase the LP caps for Arbitrum as the system prepares to scale up; $10m for each collateral type and Wrapper.

Abstract

The parameters configurations description is as follows:

LP capacity approx $10m each

  • DAI 10m
  • USDC 10m
  • ETH 2700
  • ARB 10m

Wrapper capacity 10m each

  • USDC 10m
  • DAI 10m

Motivation

The Arbitrum deployment is ready to be configured for all collateral types as defined by SIP-367.

Copyright

Copyright and related rights waived via CC0.