executedEnds a year ago · Onchain
[Gauntlet] - wstETH v3 USDC Supply Cap (2024-09-20)
By 0x683a...D26C02Continue Reading
Summary
Gauntlet recommends the following risk recommendations to the protocol:
- Increase USDC Mainnet Comet’s wstETH Supply Cap from 25,000 to 40,000
Motivation
This recommendation aims to increase supply caps for wstETH on USDC Mainnet Comet. 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 22
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x683a...D26C02 | 90,066 | FOR |
 0x2210...cCd02E | 83,473 | FOR |
 Wintermute Governance | 80,003 | FOR |
 0x66cD...B765F9 | 80,000 | FOR |
 0x3FB1...2d4C8A | 80,000 | FOR |
VOTE POWER
0
Connect Wallet
Proposal Status
- Thu September 26 2024, 05:37 pmVoting Period Starts
- Sun September 29 2024, 11:37 amEnd Voting Period
- Mon September 30 2024, 03:39 pmQueue Proposal
- Wed October 02 2024, 03:41 pmExecute Proposal
Current Results
1-FOR
859,769.5
2-AGAINST
N/A Tokens
3-ABSTAIN
N/A Tokens
Quorum 859,769.5/400,000