Proposals

Proposals

/

Proposal

Executed

Cap Recommendations on Ethereum USDC,USDT,USDS and wstETH comets

Proposed by

User profile image

Gauntlet

Gauntlet

Proposal ID

555

Governor

Compound Governor

Proposed

Mar 27th, 2026

Result details
Final Votes

Quorum

707.13K of 400K

Majority support

Yes

For

707.13K

Against

0

Abstain

0

Actions

Type

Address

Details

Custom

Configurator

0x316f...36E3

updateAssetSupplyCap(..)

Custom

Account

Configurator

0x316f...36E3

Method

updateAssetSupplyCap(..)

Custom

CometProxyAdmin

0x1EC6...8779

deployAndUpgradeTo(..)

Custom

Account

CometProxyAdmin

0x1EC6...8779

Method

deployAndUpgradeTo(..)

Custom

Configurator

0x316f...36E3

updateAssetSupplyCap(..)

Custom

Account

Configurator

0x316f...36E3

Method

updateAssetSupplyCap(..)

Custom

Configurator

0x316f...36E3

updateAssetSupplyCap(..)

Custom

Account

Configurator

0x316f...36E3

Method

updateAssetSupplyCap(..)

Proposal

Simple Summary

Gauntlet recommends the following supply cap adjustments to the protocol:

Supply Cap Recommendations

CometAssetSupply Cap
Ethereum USDCrsETH1,500 → 750
Ethereum USDSSKY96M → 48M
Ethereum USDStBTC285 → 142
Ethereum USDSweETH12,000 → 6,000
Ethereum USDSUSDe50M → 25M
Ethereum USDTmETH4,000 → 2,000

Motivation

Full proposal and forum discussions can be found in the following post.

Specification

The proposal updates the parameters by using the respective methods on the Configurator.

By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.xyz/tos

Final Votes

Quorum

707.13K of 400K

Majority support

Yes

For

707.13K

Against

0

Abstain

0

Final Votes
Status

Fri Mar 27, 06:43 pm

Published onchain

User profile image

Gauntlet

Sun Mar 29, 02:40 pm

Voting period started

Tue Mar 31, 02:26 am

Voting period extended

Thu Apr 2, 02:40 am

Voting period ended

Thu Apr 2, 02:42 am

Proposal queued

Sat Apr 4, 02:45 am

Proposal executed