sdsdYB
Closed
Passed
EN

56# Increase WBTC and cbBTC market caps to $50M

Published

8/25/2026, 11:24:34 AM

Closes

8/28/2026, 11:21:59 AM

Proposal Content

Summary

Raise the deposit caps of the yb WBTC (market 7) and yb cbBTC (market 8) markets to $50M each, up from $32M and $43.5M. Both markets are currently at or above their cap and ther...

Raise the deposit caps of the yb-WBTC (market 7) and yb-cbBTC (market 8) markets to $50M each, up from ~$32M and ~$43.5M. Both markets are currently at or above their cap and therefore accept no new deposits. Since a cap equals the market's crvUSD allocation divided by 2 (the markets run at 2x leverage), this sets the crvUSD allocation of each of the two markets to $100M, moving ~$36M and $13M of crvUSD respectively out of the Factory reserve ($717M) and into the markets.

Voting Results

✓Passed
YesLeading100.0%

5.01M

No0.0%

0

Abstain0.0%

0

Total Votes

3

Total Score

5.01M

Quorum10.0KQuorum met

Source Links

Original Proposal