Executed

[Gauntlet] Recommendations for Low Utilization Assets - Base


Proposal ID

534

Governor

Compound Governor

Proposed

Feb 6th, 2026

Result details
Final Votes

Quorum

687.38K of 400K

Majority support

Yes

For

687.38K

Against

0.02

Abstain

0

Actions

Type

Address

Details

Custom

Bridge to Base

0x866E...0Afa

sendMessage(..)

Custom

Account

Bridge to Base

0x866E...0Afa

Method

sendMessage(..)

Proposal

Simple Summary

Gauntlet recommends the following supply cap adjustments to the protocol:

Supply Cap Recommendations

StatusCometAssetSupply Cap
CurrentBase WETHweETH15000
ProposedBase WETHweETH7500
CurrentBase WETHezETH2000
ProposedBase WETHezETH1000

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

687.38K of 400K

Majority support

Yes

For

687.38K

Against

0.02

Abstain

0

Final Votes
Status

Wed Jan 28, 07:52 pm

Draft created

Fri Feb 6, 02:23 pm

Published onchain

Sun Feb 8, 03:44 pm

Voting period started

Mon Feb 9, 12:52 pm

Voting period extended

Wed Feb 11, 05:50 pm

Voting period ended

Wed Feb 11, 01:18 pm

Proposal queued

Fri Feb 13, 01:21 pm

Proposal executed