Executed

[Gauntlet] Supply Cap Recommendations (04/28/25) pushed by WOOF!


Proposal ID

439

Governor

Compound Governor

Proposed

May 5th, 2025

Result details
Final Votes

Quorum

520.07K of 400K

Majority support

Yes

For

520.07K

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

CometProxyAdmin

0x1EC6...8779

deployAndUpgradeTo(..)

Custom

Account

CometProxyAdmin

0x1EC6...8779

Method

deployAndUpgradeTo(..)

Proposal

Simple Summary

Note

This proposal is proposed by WOOF! due to Gauntlet reaching the maximum number of active proposals using their delegated wallets. Live proposals by Gauntlet:

Simple Summary

Gauntlet recommends the following risk recommendations to the protocol:

  • Increase Mainnet V3 USDT Comet’s weETH Supply Cap from 12,000 to 18,000

  • Increase Mainnet V3 WETH Comet’s tETH Supply cap from 4,000 to 10,000

  • Increase Unichain V3 USDC Comet’s WETH Supply cap from 50 to 5,000

  • Increase Unichain V3 USDC Comet’s UNI Supply cap from 7,000 to 100k

Motivation

See full analysis below:

[Gauntlet] - Supply Cap Recommendations

Specification

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

Final Votes

Quorum

520.07K of 400K

Majority support

Yes

For

520.07K

Against

0

Abstain

0

Final Votes
Status

Mon May 5, 02:50 pm

Published onchain

Fri May 9, 01:49 pm

Voting period started

Sat May 10, 01:08 am

Voting period extended

Wed May 14, 02:40 am

Voting period ended

Mon May 12, 01:55 am

Proposal queued

Wed May 14, 04:45 am

Proposal executed