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Memo 0x6eb407d3…351085 on Ethereum

# Re-allocate the FiRM Market Ceilings for USR LP Markets # Proposal to Re-allocate the FiRM Market Ceilings for USR LPs Forum Post: https://forum.inverse.finance/t/re-allocate-the-firm-market-ceilings-for-usr-lp-markets/620 ## Summary Rebalance the existing $50 million FiRM debt ceiling for the USR-backed LPs by shifting capacity full from DOLA/USR to DOLA/wstUSR. | Variant | Current Ceiling | Proposed Ceiling | Change | | :---- | :---- | :---- | :---- | | yv-DOLA/USR | $5m | 0 | \-$5m | | DOLA/USR | $20m | 0 | \-$20m | | yv-DOLA/wstUSR | $5m | $10m | \+$5m | | DOLA/wstUSR | $20m | $40m | \+$20m | | Total | $50m | $50m | 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; DOLA/wstUSR ([Convex](https://www.inverse.finance/governance/proposals/mills/321) & [Yearn](https://www.inverse.finance/governance/proposals/mills/320)) was enabled in October 2025 * **Performance**: the USR-backed market has consistently been the top-performing (or one of the top-performing) markets on FiRM ## Motivation * **Better Performance:** The wstUSR variant LP has performed better, despite a lower RESOLV point multiplier (20x compared with 30x on DOLA/USR) * **Long-term sustainability**: Switching to the yield-bearing variant is more sustainable in the long run because the yield will always be available, whereas the value of point incentives is likely to decrease over time. * **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 0 DOLA * Set the market ceiling of Convex DOLA/USR FiRM Market to 0 DOLA * Set the market ceiling of Yearn DOLA/wstUSR FiRM Market to 10m DOLA * Set the market ceiling of Convex DOLA/wstUSR FiRM Market to 40m DOLA