Summary

Gauntlet recommends the following risk recommendations to the protocol:

• Increase USDT Mainnet wstETH supply cap from 22,000 to 28,000
• Increase WETH Mainnet ezETH supply cap from 18,000 to 25,000
• Decrease USDT Mainnet WBTC supply cap from 5,000 to 1,400
• Increase WETH Arbitrum ezETH supply cap from 4,000 to 6,400
• Increase USDT Arbitrum wstETH supply cap from 10,000 to 16,000
• Increase WETH Optimism ezETH supply cap from 750 to 1,200
• Increase USDT Polygon MaticX supply cap from 2,600,000 to 4,160,000
• Increase USDC Polygon MaticX supply cap from 2,000,000 to 3,200,000

Motivation

This recommendation aims to increase supply caps for various assets across multiple 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