Hey all, the initial proposed parameters for OETH (and superOETH) ARK(s) posted here, as well as the classification of those ARKs to fleets, were based on the initial proposal on the forum by @pete, where it is proposed for OETH vault to be added in the higher-risk fleet on Mainnet.
However, we are comfortable with including OETH vault as an ARK in the lower-risk ETH fleet on Mainnet as its risk profile fits in the lower-risk framework and classification, based on our assessment model.
Therefore, we’ll be proposing new parameters for addition of OETH vault/ARK to the lower-risk ETH fleet on Mainnet, and sharing those below in this thread for community to decide on it. Since the model accounts for the level of fleet’s risk, the parameters are expected to be slightly more conservative than the current ones for the same OETH ARK that has been added to the higher-risk ETH fleet on Mainnet.
Note: Since the OETH is already added to the higher-risk ETH fleet on Mainnet, as an optional second step in this process, we’ll consider lowering caps to this ARK (in the higher-risk fleet) if deemed rational from the scalability point of view.
Reminder: The main purpose of proposing lower-risk ARKs to be added to the higher-risk fleets is tackling scalability and APY dilution, read more on that here.