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Memo 0x3e7e8c7b…4ac167 on Ethereum

# Re-allocate the FiRM Market Ceilings for DOLA/USR LP # Proposal to Re-allocate the FiRM Market Ceilings for DOLA/USR LP Forum Post: https://forum.inverse.finance/t/re-allocate-the-firm-market-ceilings-for-dola-usr-lp/569 ### Summary Rebalance the existing $40 million FiRM debt ceiling for the DOLA / USR collateral by shifting capacity from the Yearn vault to the Convex vault: |Variant|Current Ceiling|Proposed Ceiling|Change| | --- | --- | --- | --- | |Yearn|$20m|$5m|-$15m| |Convex|$20m|$35m|+$15m| |Total|$40m|$40m|0| The overall risk exposure stays constant; only its distribution changes. ### Background * Collateral listing: DOLA/USR LP ([Convex](https://www.inverse.finance/governance/proposals/mills/274) & [Yearn](https://www.inverse.finance/governance/proposals/mills/275)) was enabled in March 2025. * Ceiling increase: On 6 April 2025 the [DAO raised each vault’s ceiling](https://www.inverse.finance/governance/proposals/mills/282) from $10m to $20m (total $40m). * Performance: As of 12 May 2025, DOLA/USR is FiRM’s most profitable collateral, delivering a 1.44× bribe-to-revenue multiplier. ### Motivation * User demand: [Resolv Points Season 2](https://resolv.xyz/blog/resolv-points-season-2-the-future-is-resolv) has driven a surge in LP activity; FiRM power users have indicated the desire to scale in further to the position, specifically on the Convex vault. * Capital efficiency: Redirecting headroom to the preferred venue lets FiRM capture incremental revenue without lifting the aggregate cap. * Unchanged risk profile: Total debt, LTV parameters, and oracle sources remain exactly as already approved. ### On-Chain Actions * Set the market ceiling of Yearn DOLA/USR FiRM Market to 5m DOLA * Set the market ceiling of Convex DOLA/USR FiRM Market to 15m DOLA