# \[May 2025\] Non-critical Parameter Updates by Risk Stewards **URL:** \ **Category:** Markets\ **Created:** [May 2, 2025, 4:59am UTC](https://forum.euler.finance/t/may-2025-non-critical-parameter-updates-by-risk-stewards/1391 "2025-05-02T04:59:39Z")\ **Posts on this page:** 20\ **Page:** 1
**Author:** ![Objective](https://yyz1.discourse-cdn.com/flex007/user_avatar/forum.euler.finance/objective/32/830_2.png) [@Objective](https://forum.euler.finance/u/Objective)\ **Post date:** [May 2, 2025, 4:59am UTC](https://forum.euler.finance/t/may-2025-non-critical-parameter-updates-by-risk-stewards/1391/1 "2025-05-02T04:59:39Z")
_This is the monthly continuation of CapRiskSteward updates. Original thread: [[April 2025] Non-critical Parameter Updates by Risk Stewards](https://forum.euler.finance/t/april-2025-non-critical-parameter-updates-by-risk-stewards/1364)_ ## Summary Euler Labs and Objective Labs recently [developed](https://forum.euler.finance/t/optimizing-on-chain-management-of-euler-vaults/1357) the `CapRiskSteward` smart contract as a fast lane for non-critical parameter updates. Following its implementation for the Euler DAO markets, we propose that service providers follow a notification process for in-scope changes. By establishing this process we seek to give the Euler community full transparency into the work done by service providers to optimize and grow Euler DAO markets. ---
**Author:** ![Objective](https://yyz1.discourse-cdn.com/flex007/user_avatar/forum.euler.finance/objective/32/830_2.png) [@Objective](https://forum.euler.finance/u/Objective)\ **Post date:** [May 2, 2025, 5:04am UTC](https://forum.euler.finance/t/may-2025-non-critical-parameter-updates-by-risk-stewards/1391/2 "2025-05-02T05:04:46Z")
# Objective Labs: Parameter Updates on Ethereum (2025-05-02) | Market | Vault | Supply Cap | Borrow Cap | | --- | --- | --- | --- | | Euler Yield | PT-cUSDO-19JUN2025 | 16M → **24M** | 0 | | Euler Yield | mEDGE | 3M → **2M** | 0 | | Euler Yield | mMEV | 4M → **2.7M** | 0 | ## Rationale - PT-cUSDO-19JUN2025 has hit 100% supply cap shortly after the previous increase. - Euler Yield mEDGE and mMEV warrant further derisking due to insufficient instant redemption liquidity and concerns about total leverage in their respective portfolios. ---
**Author:** ![Gauntlet](https://yyz1.discourse-cdn.com/flex007/user_avatar/forum.euler.finance/gauntlet/32/611_2.png) [@Gauntlet](https://forum.euler.finance/u/Gauntlet)\ **Post date:** [May 2, 2025, 9:32pm UTC](https://forum.euler.finance/t/may-2025-non-critical-parameter-updates-by-risk-stewards/1391/3 "2025-05-02T21:32:57Z")
Gauntlet has reviewed the Euler Yield proposal from Objective Labs covering caps for PT‑cUSDO‑19JUN2025, mMEV and mEDGE, comments below: **PT‑cUSDO‑19JUN2025** We support raising the supply cap from 16M to 24M cUSDO. Supply usage has remained near 100%, signaling persistent user demand. Liquidity conditions remain healthy relative to the proposed cap. **mMEV / mEDGE** We are aligned with reducing the supply caps to 2.7M (mMEV) and 2M (mEDGE). The rationale is identical to our 29 April recommendation: each index has compounded leverage‑on‑leverage exposure while instant‑redemption depth remains thin, so smaller caps better match risk with available liquidity. ---
**Author:** ![Objective](https://yyz1.discourse-cdn.com/flex007/user_avatar/forum.euler.finance/objective/32/830_2.png) [@Objective](https://forum.euler.finance/u/Objective)\ **Post date:** [May 5, 2025, 7:51am UTC](https://forum.euler.finance/t/may-2025-non-critical-parameter-updates-by-risk-stewards/1391/4 "2025-05-05T07:51:12Z")
This proposal has been executed on May-04-2025 03:02:47 PM UTC. > **[Ethereum Transaction Hash: 0xfbe0f3a74c... | Etherscan](https://etherscan.io/tx/0xfbe0f3a74c2073eb0a600c7c89b01d06b14fb2189d8db6d7a40feb258754a3e6/)** > > Call Exec Transaction Function By 0x95058F3d...45BD5d6A4 on 0xBdAa3FCc...3896a976d | Success | May-04-2025 03:02:47 PM (UTC) ---
**Author:** ![Objective](https://yyz1.discourse-cdn.com/flex007/user_avatar/forum.euler.finance/objective/32/830_2.png) [@Objective](https://forum.euler.finance/u/Objective)\ **Post date:** [May 6, 2025, 1:49pm UTC](https://forum.euler.finance/t/may-2025-non-critical-parameter-updates-by-risk-stewards/1391/5 "2025-05-06T13:49:46Z")
# Objective Labs: Parameter Updates on Ethereum (2025-05-06) | Market | Vault | Supply Cap | Borrow Cap | | --- | --- | --- | --- | | Euler Yield | PT-cUSDO-19JUN2025 | 24M → **36M** | 0 | ## Rationale - PT-cUSDO-19JUN2025 has hit 91% supply cap. Borrow demand has increased as expressed in USDO’s 100-150bps [premium](https://www.geckoterminal.com/eth/pools/0xc57ce1ac61081c51596e55de38d35b19720d421e) over USDC. ---
**Author:** ![Gauntlet](https://yyz1.discourse-cdn.com/flex007/user_avatar/forum.euler.finance/gauntlet/32/611_2.png) [@Gauntlet](https://forum.euler.finance/u/Gauntlet)\ **Post date:** [May 6, 2025, 9:50pm UTC](https://forum.euler.finance/t/may-2025-non-critical-parameter-updates-by-risk-stewards/1391/6 "2025-05-06T21:50:38Z")
Gauntlet has reviewed Objective Labs’ proposal and supports increasing the PT‑cUSDO‑19JUN2025 supply cap from 24 M to 36 M cUSDO. Supply usage has stayed above 90 %, confirming persistent user demand, while on‑chain liquidity remains robust. The principal token carries low holding‑period risk, so a higher cap offers a clear growth opportunity without materially increasing Euler’s risk profile. ---
**Author:** ![Objective](https://yyz1.discourse-cdn.com/flex007/user_avatar/forum.euler.finance/objective/32/830_2.png) [@Objective](https://forum.euler.finance/u/Objective)\ **Post date:** [May 8, 2025, 7:40am UTC](https://forum.euler.finance/t/may-2025-non-critical-parameter-updates-by-risk-stewards/1391/7 "2025-05-08T07:40:46Z")
# Objective Labs: Parameter Updates on Ethereum (2025-05-08) | Market | Vault | Supply Cap | Borrow Cap | | --- | --- | --- | --- | | Euler Prime | WETH | 70k → **100k** | 63k → **90k** | | Euler Prime | USDC | 50M → **75M** | 45M → **67.5M** | | Euler Prime | rsETH | 24k → **36k** | 6k → **9k** | | Euler Prime | weETH | 13k → **18k** | 3.12k → **4.5k** | ## Rationale - Euler Prime WETH has hit 81% supply cap utilization and 70% borrow cap utilization. - Euler Prime USDC has hit 85% supply cap utilization and 79% borrow cap utilization. - Euler Prime rsETH has hit 68% supply cap utilization. - Euler Prime weETH has hit 71% supply cap utilization. Proactive cap increases allow Euler Prime to continue scaling and accommodate rising demand from large LPs. ---
**Author:** ![Gauntlet](https://yyz1.discourse-cdn.com/flex007/user_avatar/forum.euler.finance/gauntlet/32/611_2.png) [@Gauntlet](https://forum.euler.finance/u/Gauntlet)\ **Post date:** [May 8, 2025, 5:15pm UTC](https://forum.euler.finance/t/may-2025-non-critical-parameter-updates-by-risk-stewards/1391/8 "2025-05-08T17:15:29Z")
Gauntlet has reviewed the Objective Labs proposal to raise supply and borrow caps for WETH, USDC, rsETH, and weETH on Euler Prime and supports all four increases. **USDC (50 M → 75 M supply / 45 M → 67.5 M borrow)** USDC remains a low-risk asset & liquidity remains robust on Mainnet. **WETH (70 k → 100 k supply / 63 k → 90 k borrow)** WETH usage is climbing, and the supplier base is well diversified, keeping counterparty risk low. A 100k WETH on‑chain swap to stables would move the price by \> 20 percent when aggregating a swap across DEXs. The proposed cap strikes a prudent balance between growth and liquidation‑slippage risk. **rsETH (24 k → 36 k supply / 6 k → 9 k borrow) & weETH (13 k → 18 k supply / 3.12 k → 4.5 k borrow)** The top collateral positions for both LRTs are dominated by looping WETH, keeping concentration risk low. ---
**Author:** ![Objective](https://yyz1.discourse-cdn.com/flex007/user_avatar/forum.euler.finance/objective/32/830_2.png) [@Objective](https://forum.euler.finance/u/Objective)\ **Post date:** [May 11, 2025, 4:55am UTC](https://forum.euler.finance/t/may-2025-non-critical-parameter-updates-by-risk-stewards/1391/9 "2025-05-11T04:55:02Z")
This proposal has been executed on May-09-2025 08:25:59 AM UTC. > **[Ethereum Transaction Hash: 0x2562c65254... | Etherscan](https://etherscan.io/tx/0x2562c65254ce70a1b45a87ac5cdd801c2a15ac64ce56a5c488e49f7ec0d60c99)** > > Call Exec Transaction Function By 0xC1bdd86F...3EBeb16C6 on 0xBdAa3FCc...3896a976d | Success | May-09-2025 08:25:59 AM (UTC) ---
**Author:** ![Objective](https://yyz1.discourse-cdn.com/flex007/user_avatar/forum.euler.finance/objective/32/830_2.png) [@Objective](https://forum.euler.finance/u/Objective)\ **Post date:** [May 12, 2025, 7:45am UTC](https://forum.euler.finance/t/may-2025-non-critical-parameter-updates-by-risk-stewards/1391/10 "2025-05-12T07:45:58Z")
# Objective Labs: Parameter Updates on Ethereum (2025-05-12) | Market | Vault | Supply Cap | Borrow Cap | | --- | --- | --- | --- | | Euler Yield | USDC | 100M → **150M** | 90M → **135M** | | Euler Yield | PT-cUSDO-19JUN2025 | 36M → **54M** | 0 | | Euler Yield | eUSDe | 45M → **60M** | 38.2M → **51M** | | Euler Yield | mMEV | 2.7M → **2M** | 0 | | Market | Vault | Base rate | Kink | Rate at kink | Rate at 100% (max) | | --- | --- | --- | --- | --- | --- | | Euler Prime | USDC, USDT, USDS, USDtb | 0% | 90% | 5% → **5.5%** | 80% → **40%** | | Euler Prime | wM | 0% | 90% | 9.42% → **5.5%** | 101.38% → **40%** | | Euler Prime | WETH | 0% | 90% | 2.4% → **2.6%** | 80% → **40%** | | Euler Yield | USDC, USDT, PYUSD, RLUSD, wM, USDS, DAI, USD0, USDe, eUSDe, USDtb | 0% | 90% | 6.5% → **7%** | 80% → **40%** | | Euler Yield | eUSDe | 0% | 85% | 6.5% → **7%** | 80% → **40%** | ## Rationale - Euler Yield USDC has hit 79% supply cap and 78% borrow cap with 17% supply growth and 11% borrow growth in the last 7d. - Euler Yield PT-cUSDO-19JUN2025 has hit 100% supply cap with 63% supply growth in the last 7d. - Euler Yield eUSDe has hit 80% supply cap and 78% borrow cap with 15% supply growth and 20% borrow growth in the last 7d. - USD-cluster vaults in Euler Prime have seen consistently high utilization over the past week largely driven by an inflow of ETH-long borrowers. To balance the new borrow demand we recommend a 50 bps increase in USD borrow rates at kink. - Euler Prime WETH currently offers the lowest borrow rates at size for LRTs. To balance the sustainability of incentives on the supply side we recommend a small 20 bps increase to the rate at kink. - Borrowable stablecoins in Euler Yield have had consistent high utilization in the past 3 weeks. In the past few days rates have gone up across the board, prompting us to recommend a 50bps increase to balance demand. Weighted by open interest, outstanding borrowers will be largely unaffected (PT-cUSDO, Ethena PTs), while we expect this change to reduce the size of reward-farming TVL (USDT/USDC, USDC in Prime/USDC in yield), which we believe is a good thing as it frees up capacity for stickier borrowers. - We also recommend reducing the max rate of the major borrowable vaults to reduce the effect of transient utilization spikes on borrowers. ---
**Author:** ![Gauntlet](https://yyz1.discourse-cdn.com/flex007/user_avatar/forum.euler.finance/gauntlet/32/611_2.png) [@Gauntlet](https://forum.euler.finance/u/Gauntlet)\ **Post date:** [May 13, 2025, 2:12pm UTC](https://forum.euler.finance/t/may-2025-non-critical-parameter-updates-by-risk-stewards/1391/11 "2025-05-13T14:12:25Z")
Gauntlet has reviewed the proposal from Objective Labs, comments below: - USDC cap increase is low risk. - PT-cUSDO remains relatively low risk. Top 10 collateral positions are against USDC debt with sufficiently high average health and the major DEX pool’s liquidity has increased to 40M since the previous cap increase. - eUSDe cap increase is relatively low risk. USDe atomic liquidity has markedly increased on-chain, with ~50M swap to stablecoin incurring at most ~20% slippage, versus \<= ~40M the previous month. - mMEV cap decrease is aligned with recent analysis to reduce exposure. - Recent borrowing usage of stablecoins has caused sharp temporary utilization spikes, leading to highly volatile rates past the IRM kink. We agree that the utility of lowering the max borrow APY and lowering rate volatility likely outweighs the opportunity cost to suppliers. 40% max borrow APY is currently a reasonable upper bound. - At present, utilizations of Euler Prime stablecoin borrow APYs slightly tracks behind Aave. We agree that increasing the kink borrow APY by 0.5% will more closely match recent demand. - Given the demand premium in Euler Yield for borrowing stablecoins as well as the recent general increase in market stablecoin demand, a 0.5% kink borrow APY raise in this market is expected to attract more supply while retaining sticky borrowers. We think this is reasonable to try to bolster growth given current conditions, though we will monitor for depressed utilization that may result, as current rates are already competitive. - WETH Prime utilization has been oscillating close to the kink with the borrow APY slightly trailing Aave’s. Therefore we are aligned with the kink borrow APY increase by 0.2%. - The proposed eUSDe kink change is already aligned with our [latest](https://forum.euler.finance/t/enhance-euler-yields-pendle-pt-offering-with-an-ethena-looping-cluster/1380/2) recommendation. ---
**Author:** ![Objective](https://yyz1.discourse-cdn.com/flex007/user_avatar/forum.euler.finance/objective/32/830_2.png) [@Objective](https://forum.euler.finance/u/Objective)\ **Post date:** [May 16, 2025, 12:57pm UTC](https://forum.euler.finance/t/may-2025-non-critical-parameter-updates-by-risk-stewards/1391/12 "2025-05-16T12:57:28Z")
# Objective Labs: Parameter Updates on Ethereum (2025-05-16) | Market | Vault | Supply Cap | Borrow Cap | | --- | --- | --- | --- | | Euler Yield | PT-eUSDE-29MAY2025 | 45M → **60M** | 0 | | Euler Yield | PT-cUSDO-19JUN2025 | 54M → **70M** | 0 | | Market | Vault | Base rate | Kink | Rate at kink | Rate at 100% (max) | | --- | --- | --- | --- | --- | --- | | Euler Yield | USDC, USDT, PYUSD, RLUSD, wM, USDS, DAI, USD0, USDe, USDtb | 0% | 90% | 7% → **7.5%** | 40% | | Euler Yield | rUSD | 0% | 90% | 6% → **7%** | 80% → **40%** | ## Rationale - Euler Yield PT-eUSDE-29MAY2025 has hit 87% supply cap with 13% supply growth in the last 7d. - Euler Yield PT-cUSDO-19JUN2025 has hit 83% supply cap with 24% supply growth in the last 7d. - Comparative borrow rates on Morpho have increased to 7-9%, prompting a 50 bps increase for Euler Yield’s borrowable stablecoins to keep competitive. Morpho’s srUSD/rUSD pair has hit 7.5% borrow APY, prompting a proactive 100 bps increase. ---
**Author:** ![Objective](https://yyz1.discourse-cdn.com/flex007/user_avatar/forum.euler.finance/objective/32/830_2.png) [@Objective](https://forum.euler.finance/u/Objective)\ **Post date:** [May 21, 2025, 4:48am UTC](https://forum.euler.finance/t/may-2025-non-critical-parameter-updates-by-risk-stewards/1391/13 "2025-05-21T04:48:30Z")
This proposal has been executed on May-14-2025 02:07:11 PM UTC. > **[Ethereum Transaction Hash: 0xa23653a39a... | Etherscan](https://etherscan.io/tx/0xa23653a39a02082973a38d6ccf4b8226bcf65bc549851721d846455f8b3eaa49/advanced)** > > Call Exec Transaction Function By 0xb12e6e49...8819Eda87 on 0xBdAa3FCc...3896a976d | Success | May-14-2025 02:07:11 PM (UTC) ---
**Author:** ![Objective](https://yyz1.discourse-cdn.com/flex007/user_avatar/forum.euler.finance/objective/32/830_2.png) [@Objective](https://forum.euler.finance/u/Objective)\ **Post date:** [May 26, 2025, 5:21am UTC](https://forum.euler.finance/t/may-2025-non-critical-parameter-updates-by-risk-stewards/1391/14 "2025-05-26T05:21:58Z")
# Objective Labs: Parameter Updates on Unichain (2025-05-26) | Market | Vault | Supply Cap | Borrow Cap | | --- | --- | --- | --- | | Euler Unichain | WETH | 6k → **9k** | 5.4k → **8.1k** | | Euler Unichain | weETH | 3k → **4.5k** | 750 → **1.13k** | | Market | Vault | Base rate | Kink | Rate at kink | Rate at 100% (max) | | --- | --- | --- | --- | --- | --- | | Euler Unichain | USDC, USDT0 | 0% | 90% | 5% → **6%** | 80% | ## Rationale - Euler Unichain WETH has hit 87% supply cap and 64% borrow cap. - Euler Unichain weETH has hit 100% supply cap. - Euler Unichain USDC and USDT see primarily correlated borrows to farm rewards and have therefore been sitting near kink since launch. The interest rate increase intends to free stablecoin supply for an upcoming influx of uncorrelated borrows with WBTC0. ---
**Author:** ![Gauntlet](https://yyz1.discourse-cdn.com/flex007/user_avatar/forum.euler.finance/gauntlet/32/611_2.png) [@Gauntlet](https://forum.euler.finance/u/Gauntlet)\ **Post date:** [May 27, 2025, 11:20pm UTC](https://forum.euler.finance/t/may-2025-non-critical-parameter-updates-by-risk-stewards/1391/15 "2025-05-27T23:20:49Z")
- **Supply & Borrow Cap Increases** Gauntlet supports the proposed increases to the WETH and weETH supply and borrow caps. Uniswap liquidity can absorb the top-10 collateral positions in both assets with under 5% slippage, indicating sufficient depth to support safe liquidations at these new limits. - **Monitor weETH Liquidity Depth** Gauntlet is aligned given weETH’s rapidly growing usage and incentives given to this token pair on Uniswap, we will continue to monitor its Uniswap pool depth. This will allow us to proactively assess liquidity conditions and adjust recommendations if fragmentation or depth deterioration occurs. - **IRM updates to USDC and USDT** Gauntlet supports on increasing Rate at Kink as both the competitors Venus and Compound have a 6% or higher kink rate than Euler. ---
**Author:** ![Objective](https://yyz1.discourse-cdn.com/flex007/user_avatar/forum.euler.finance/objective/32/830_2.png) [@Objective](https://forum.euler.finance/u/Objective)\ **Post date:** [May 30, 2025, 7:36am UTC](https://forum.euler.finance/t/may-2025-non-critical-parameter-updates-by-risk-stewards/1391/16 "2025-05-30T07:36:07Z")
# Objective Labs: Parameter Updates on Unichain (2025-05-30) | Market | Vault | Supply Cap | Borrow Cap | | --- | --- | --- | --- | | Euler Unichain | weETH | 4.5k → **6.75k** | 1.13k → **1.69k** | | Euler Unichain | USDC | 30M → **45M** | 27M → **40.5M** | | Euler Unichain | USD₮0 | 30M → **45M** | 27M → **40.5M** | | Market | Vault | Base rate | Kink | Rate at kink | Rate at 100% (max) | | --- | --- | --- | --- | --- | --- | | Euler Unichain | USDC, USD₮0 | 0% | 90% | 6% | 80% → **40%** | ## Rationale - Euler Unichain weETH has hit 100% supply cap. Demand has increased after Optimism’s SuperStacks XP [campaign](https://app.optimism.io/superstacks) that incentivizes this vault. - Euler Unichain USD₮0 has hit 100% supply cap. Demand has increased after Optimism’s campaign. - Euler Unichain USDC is expected to grow in tandem with USD₮0 as leverage traders borrow USDC. - Rationale for IRM updates discussed in Gauntlet’s [monthly risk recommendations](https://forum.euler.finance/t/gauntlet-monthly-risk-parameter-recommendations-2025-05-28/1420). ---
**Author:** ![Objective](https://yyz1.discourse-cdn.com/flex007/user_avatar/forum.euler.finance/objective/32/830_2.png) [@Objective](https://forum.euler.finance/u/Objective)\ **Post date:** [May 30, 2025, 7:37am UTC](https://forum.euler.finance/t/may-2025-non-critical-parameter-updates-by-risk-stewards/1391/17 "2025-05-30T07:37:27Z")
# Objective Labs: Parameter Updates on Base (2025-05-30) | Market | Vault | Base rate | Kink | Rate at kink | Rate at 100% (max) | | --- | --- | --- | --- | --- | --- | | Euler Base | USDC | 0% | 90% | 5% → **4.5%** | 80% → **40%** | ## Rationale - Rationale for IRM updates discussed in Gauntlet’s [monthly risk recommendations](https://forum.euler.finance/t/gauntlet-monthly-risk-parameter-recommendations-2025-05-28/1420). ---
**Author:** ![Objective](https://yyz1.discourse-cdn.com/flex007/user_avatar/forum.euler.finance/objective/32/830_2.png) [@Objective](https://forum.euler.finance/u/Objective)\ **Post date:** [May 30, 2025, 7:40am UTC](https://forum.euler.finance/t/may-2025-non-critical-parameter-updates-by-risk-stewards/1391/18 "2025-05-30T07:40:45Z")
# Objective Labs: Parameter Updates on Ethereum (2025-05-30) | Market | Vault | Supply Cap | Borrow Cap | | --- | --- | --- | --- | | Euler Prime | tETH | 12K **→ 18K** | No Change | | Euler Yield | RLUSD | 100M | 9M → **13.5M** | - Rationale for tETH discussed in Gauntlet’s [monthly risk recommendations](https://forum.euler.finance/t/gauntlet-monthly-risk-parameter-recommendations-2025-05-28/1420). - Euler Yield RLUSD has reached $40M in deposits and 100% borrow utilization after RLUSD incentives began a few days ago. Increasing the borrow cap increases the sustainability of the RLUSD vault after incentives end. ---
**Author:** ![Objective](https://yyz1.discourse-cdn.com/flex007/user_avatar/forum.euler.finance/objective/32/830_2.png) [@Objective](https://forum.euler.finance/u/Objective)\ **Post date:** [June 2, 2025, 9:26am UTC](https://forum.euler.finance/t/may-2025-non-critical-parameter-updates-by-risk-stewards/1391/19 "2025-06-02T09:26:47Z")
This proposal has been executed on Jun-02-2025 07:25:59 AM +UTC. > **[Unichain Mainnet Network Transaction Hash: 0x1baaf4a0ae... | Uniscan](https://uniscan.xyz/tx/0x1baaf4a0aea4acf7bb5677de76d50e130b720025625399760eef7c12590addb7)** > > Call Exec Transaction Function By Euler: Deployer on 0xBdAa3FCc...3896a976d | Success | Jun-02-2025 07:25:59 AM (UTC) ---
**Author:** ![Objective](https://yyz1.discourse-cdn.com/flex007/user_avatar/forum.euler.finance/objective/32/830_2.png) [@Objective](https://forum.euler.finance/u/Objective)\ **Post date:** [June 2, 2025, 9:27am UTC](https://forum.euler.finance/t/may-2025-non-critical-parameter-updates-by-risk-stewards/1391/20 "2025-06-02T09:27:20Z")
This proposal has been executed on Jun-02-2025 08:02:47 AM UTC. > **[Ethereum Transaction Hash: 0xa9d3393fd6... | Etherscan](https://etherscan.io/tx/0xa9d3393fd6d8cb154565ae462839d775ba26496425b712c76c1228e117d91314)** > > Call Exec Transaction Function By 0xC1bdd86F...3EBeb16C6 on 0xBdAa3FCc...3896a976d | Success | Jun-02-2025 08:02:47 AM (UTC)