Simple Summary

Gauntlet recommends the following risk recommendations to the protocol:

• Increase Mainnet V3 USDC Comet’s wstETH Supply Cap from 50,000 to 75,000
• Increase Mainnet V3 USDT Comet’s wstETH Supply Cap from 60,000 to 75,000
• Increase Mainnet V3 USDT Comet’s WBTC Supply Cap from 1800 to 2,500
• No change for Mainnet V3 USDT Comet’s tBTC Supply Cap from 285

Motivation

See full analysis below:

• [Gauntlet] - Supply Cap Recommendations

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