# increase supply cap for cbETH Aave Ethereum V3
AI summary
This proposal seeks to increase the supply cap for cbETH, a Coinbase-issued liquid staking derivative (LSD) token, on the Aave Ethereum V3 platform. The current limit of 20,000 cbETH that can be supplied to Aave would be raised to 30,000 cbETH. This change aims to support a wider variety of LSDs within the Aave ecosystem.
If passed, more cbETH can be deposited into Aave, potentially increasing liquidity for this asset and allowing more users to earn yield or borrow against it. This benefits cbETH holders and Aave users looking for more collateral options, without directly impacting other token holders.
Voting results
🐳 Whale votes
0 votes > 5% VPFull proposal
increase supply cap for cbETH Aave Ethereum V3
CBETH_ETH_SUPPLY_CAP_UPDATE
Author(s): Marc Zeller (@marczeller), Aave-Chan initiative
Simple Summary
This AIP proposal presents Aave with the opportunity to increase cbETH supply cap on the Ethereum v3 Liquidity Pool.
Motivation
Supporting LSDs diversity is part of the Aave-Chan Initiative (ACI) delegate platform.
The ACI does not have any link nor is paid by Coinbase or any entity to present this AIP.
Supply cap is suggested for this asset to limit risk exposure, the caps have been proposed by a join collaboration between Ga…