executedEnded 2 years ago · Onchain
[Gauntlet]- Supply Cap Recommendations (2024-08-20)
By 0x7B3c...4Ecc33Continue Reading
Summary
Gauntlet recommends the following risk recommendations to the protocol:
- Increase WETH Arbitrum Comet’s rsETH Supply Cap from 920 to 3,500
- Increase USDT Ethereum Comet’s wstETH Supply Cap from 9,000 to 15,000
Motivation
This recommendation aims to increase supply caps for rsETH and wstETH on their respective Comets. Gauntlet recommends to increase supply caps to increase capital efficiency within the Comets. Full proposal and forum discussions can be found here.
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
Connect Wallet to Add Note
0Votes 39
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x683a...D26C02 | 90,066 | FOR |
 0x2210...cCd02E | 89,375 | FOR |
 Wintermute Governance | 80,003 | FOR |
 FranklinDAO (Prev. Penn Blockchain) | 70,000 | FOR |
 0x7AE1...22E585 | 50,007 | FOR |
VOTE POWER
0
Connect Wallet
Proposal Status
- Thu August 22 2024, 05:56 pmVoting Period Starts
- Sun August 25 2024, 12:04 pmEnd Voting Period
- Sun August 25 2024, 12:06 pmQueue Proposal
- Tue August 27 2024, 12:08 pmExecute Proposal
Current Results
1-FOR
565,233.2
2-AGAINST
N/A Tokens
3-ABSTAIN
N/A Tokens
Quorum 565,233.2/400,000