Pending execution

[Gauntlet] Recommendations for Low Utilization Assets - Mainnet (2026-01-23)


Proposal ID

548

Governor

Compound Governor

Proposed

Feb 27th, 2026

Result details
Final Votes

Quorum

677.01K of 400K

Majority support

Yes

For

677.01K

Against

0

Abstain

0.01

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

Configurator

0x316f...36E3

updateAssetSupplyCap(..)

Custom

Account

Configurator

0x316f...36E3

Method

updateAssetSupplyCap(..)

Proposal

Simple Summary

Gauntlet recommends the following supply cap adjustments to the protocol:

Supply Cap Recommendations

CometAssetSupply Cap
Ethereum USDCrsETH1,500 → 750
Ethereum USDSSKY96M → 48M
Ethereum USDStBTC285 → 142
Ethereum USDSweETH12,000 → 6,000
Ethereum USDSUSDe50M → 25M
Ethereum USDTmETH4,000 → 2,000
Ethereum WETHrswETH1,000 → 500
Ethereum WETHcbBTC150 → 75
Ethereum WETHtBTC315 → 157
Ethereum WETHosETH10,000 → 5,000
Ethereum WETHpufETH4,500 → 2,250
Ethereum WETHETHx2,100 → 1,050
Ethereum WETHrETH30,000 → 15,000
Ethereum WETHcbETH10,000 → 5,000
Ethereum wstETHtETH5,000 → 2,500
Ethereum wstETHezETH15,000 → 7,500
Ethereum wstETHweETH10,000 → 5,000

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

677.01K of 400K

Majority support

Yes

For

677.01K

Against

0

Abstain

0.01

Final Votes
Status

Thu Feb 26, 03:22 pm

Draft created

Fri Feb 27, 01:48 am

Published onchain

Sun Mar 1, 12:49 am

Voting period started

Mon Mar 2, 09:11 pm

Voting period extended

Wed Mar 4, 11:57 pm

Voting period ended

Wed Mar 4, 09:27 pm

Proposal queued

Execute proposal