Executed

Ethereum Supply cap Reduction Across USD Based Comets


Proposed by

Proposal ID

578

Governor

Compound Governor

Proposed

May 2nd, 2026

Result details
Final Votes

Quorum

834.91K of 400K

Majority support

Yes

For

834.91K

Against

0

Abstain

0

Actions

Type

Address

Details

Custom

Configurator

0x316f...36E3

updateAssetSupplyCap(..)

Custom

Account

Configurator

0x316f...36E3

Method

updateAssetSupplyCap(..)

Custom

Configurator

0x316f...36E3

updateAssetSupplyCap(..)

Custom

Account

Configurator

0x316f...36E3

Method

updateAssetSupplyCap(..)

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

Proposal summary

This proposal updates supply caps for a number of assets across the USD based Mainnet markets. The supply caps for the affected assets are being updated based on their current utilization and risk parameters.

Further detailed information can be found on the corresponding proposal pull request and forum discussion.

Proposal actions

1 - 7. Updates supply caps for weETH and mETH to 0 and tBTC to 73, sFRAX to 33M, UNI to 310,336, and LINK to 210,317 on cUSDTv3 market and upgrades the Comet implementation to apply the changes.

8 - 10. Updates supply caps for weETH and tBTC to 0 on cUSDSv3 market and upgrades the Comet implementation to apply the changes.

11 - 14. Updates supply caps for tBTC to 40, UNI to 364,691, and LINK to 585,990 on cUSDCv3 market and upgrades the Comet implementation to apply the changes.

Final Votes

Quorum

834.91K of 400K

Majority support

Yes

For

834.91K

Against

0

Abstain

0

Final Votes
Status

Sat May 2, 02:02 am

Published onchain

Sun May 3, 09:55 pm

Voting period started

Mon May 4, 06:18 pm

Voting period extended

Wed May 6, 06:27 pm

Voting period ended

Wed May 6, 06:28 pm

Proposal queued

Fri May 8, 06:33 pm

Proposal executed