[AIP-1] Raise the alUSD debt ceiling from 50m to 100m: Page 2

[AIP-1] Raise the alUSD debt ceiling from 50m to 100m

trig

Waiting seems prudent

irc

Looks like the yearn team has already raised the limit to 300m. We should update the top post when scoopy gets a chance.

Either way, I am still leaning towards waiting for the AMM pool to be live as well.

GEBucky

I agree. It should be both conditions, not just yearn's side. There were both good reasons, and it's just prudent to stick to the plan. I really think flipping it on the second day sets a bad precedent, especially when a component of this is safety related. People can argue all day as to whether it was, or wasn't the right number. It was the one chosen and should be adhered to. I would love to put more funds in, but will happily wait for a few days.

Blakells

I think to keep the cap is safest.

hjqcan

Agree

ballsohard

I am against it. at least wait until we have a alUSD/dai pool before we change anything about the debt CAP

IDKFAIRL

I would wait before raising the ceiling.

Safety and auditing first priority, please don't put anymore capital at risk!
Have an alUSD/DAI pool deployed before the debt cap

ToanPham

I am against it. Raise with Dai will reduce the interest rate. Better is to mint alUSD with USDC.

KGB

Agree with the team's conservative approach. We are still in early days, no need to dramatically increase risk or volatility.

DaveNguyen88

good points, I agree.

aphoticjezter

alUSD/DAI pool first, then cap. Should be a real 1-2 punch

Rekken

Wait for yearn cap increase, that’s the entire point of the protocol

Stinky

Looks like yearn approved it, how long until we can mint more alUSD?

Din

This was fast!

Roytheboy6

I agree with the teams thoughts, progress is to be made slowly and progressively. Sustained growth is more important than just price shooting. Too many variables and safety is one of the main features in crypto that needs to be addressed first.

cowbike

hope we can mint alusd by usdt or eth！

LSDan

Raise it. I agree with @scoopy. @scoopy for President of the world.

AntonioEons

scoopy opposed to raising the ceiling. I believe the conservative approach is best.

Autonomy_Capital

Opposed to raising the ceiling for the short term and even when it's raised then it should be raised incrementally instead of 2x in one go

Rooster_Cogburn77

I am in line with the team's thoughts here, would reconsider raising the cap after the stated conditions are met.

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