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:

The overall risk exposure stays constant; only its distribution changes.

Background

• Collateral listing: DOLA/USR LP (Convex & Yearn) was enabled in March 2025.
• Ceiling increase: On 6 April 2025 the DAO raised each vault’s ceiling 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 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