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.

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

Background

• Collateral listing: DOLA/USR LP (Convex & Yearn) was enabled in March 2025; DOLA/wstUSR (Convex & Yearn) 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