Executed

[Gauntlet] Supply Cap Recommendations - Part 1 (10/24)


ID 355

ID 355

Compound

Compound

Proposed on: Oct 29th, 2024

Proposed on: Oct 29th, 2024

Votes

Actions

Type

Address

Details

Custom

0x25ac...5fA1

sendMessage(..)

Custom

Account

0x25ac...5fA1

Method

sendMessage(..)

Custom

0x4Dbd...AB3f

createRetryableTicket(..)

Custom

Account

0x4Dbd...AB3f

Method

createRetryableTicket(..)

Custom

0x866E...0Afa

sendMessage(..)

Custom

Account

0x866E...0Afa

Method

sendMessage(..)

Proposal

Summary

Gauntlet recommends the following risk recommendations to the protocol:

  • Increase Optimism V3 WETH Comet’s weETH Supply Cap from 400 to 600.
  • Increase Arbitrum USDC Comet's ezETH supply cap from 500 to 1,400
  • Increase Arbitrum V3 WETH Comet’s ezETH Supply Cap from 6400 to 10240.
  • Increase Base V3 WETH Comet’s ezETH Supply Cap from 2000 to 3,200.
  • Increase Optimism V3 WETH Comet's ezETH supply cap from 2,400 to 3,200

Motivation

This recommendation aims to increase supply caps for various assets across multiple Comets. Gauntlet recommends to increase supply caps to increase capital efficiency within the Comets.

Full proposal and forum discussions can be found in October posts.

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.network/tos

Votes
Status