Aave Risk Steward authorizes three supply and borrow cap changes

What happened

LlamaRisk published three Aave v3 cap changes to be implemented through delegated Risk Steward authority: doubling Core wstETH's borrow cap, sharply reducing Core USDe's borrow cap, and increasing Plasma USDe's supply cap.

What changed

The delegated steward has specified and authorized implementation of new capacity limits; execution is not established by the cached notice.

What did not change

No transaction or post-change state observation was supplied. The notice does not change the reviewed memo's narrow Ethereum GHO/sGHO sleeve by itself.

Confirmed

• Core wstETH's borrow cap is specified to increase from 14,000 to 28,000.
• Core USDe's borrow cap is specified to decrease from 700 million to 100 million.
• Plasma USDe's supply cap is specified to increase from 550 million to 750 million.
• The notice says implementation will proceed through the Risk Steward process.

Still open

• Execution transactions and effective block numbers.
• Whether market utilization or concentration changed materially after implementation.
• Whether any client or approved position uses the affected reserves.

What it means for an advisor

• Verify on-chain execution before using the new caps in diligence or position limits.
• Review affected positions for capacity and concentration implications if exposure exists in the named reserves.

Previous interpretation

The current Aave v3 memo predates these specified reserve-cap changes.