MIP-X67 Automated Liquidity Incentive Proposal
We voted For: Continued support of incentive proposals pending no dissent.
MIP-X68: Base and Optimism Collateral Factor Updates
We voted For: This implements Anthias Labs’ September 15 recommendations, cutting collateral factors on Base for WELL from 65% to 55% and for MORPHO and AERO from 65% to 60%, and for VELO on OP Mainnet from 62% to 60%. Thin exit liquidity on WELL and VELO and double-digit worst-day declines on MORPHO and AERO justify the cuts, and the step is measured, newly exposing four accounts with about $2,580 of combined debt to liquidation.