Executed

[Gauntlet] - Supply Cap Recommendations (6/10/25)


ID 447

ID 447

Compound Governor

Compound Governor

Proposed on: Jun 11th, 2025

Proposed on: Jun 11th, 2025

Votes

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(..)

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

Bridge to Optimism

0x25ac...5fA1

sendMessage(..)

Custom

Account

Bridge to Optimism

0x25ac...5fA1

Method

sendMessage(..)

Proposal

Simple Summary

Gauntlet recommends the following risk recommendations to the protocol:

  • Increase Mainnet V3 wstETH Comet's tETH Supply cap from 5,000 to 10,000
  • Increase Mainnet V3 USDT Comet’s sFRAX Supply Cap from 40M to 50M
  • Increase Mainnet V3 WETH Comet’s cbBTC Supply Cap from 93 to 150
  • Increase Optimism V3 USDT Comet’s wstETH Supply Cap from 800 to 1300
  • Increase Optimism V3 USDC Comet’s WBTC Supply Cap from 100 to 130

Motivation

See full analysis below:

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