executedEnds a year ago · Onchain
[Gauntlet] Supply Cap Recommendations (11/11/24)
By 0x4D80...42Ef4BContinue Reading
Summary
Gauntlet recommends the following risk recommendations to the protocol:
- Increase Base V3 USDC Comet’s cbBTC Supply Cap from 45 to 90
- Increase Mainnet V3 WETH Comet’s rsETH Supply Cap from 5000 to 37000.
- Increase Optimism V3 USDC Comet’s wstETH Supply Cap from 600 to 1200.
- Increase Arbitrum V3 WETH Comet’s ezETH Supply Cap from 10,240 to 12,000.
- Increase Optimism V3 USDT Comet’s wstETH Supply Cap from 400 to 800.
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 in October posts.
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 20
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x66cD...B765F9 | 80,042 | FOR |
 Wintermute Governance | 80,004 | FOR |
 0x3FB1...2d4C8A | 80,000 | FOR |
 0xB49f...EC7948 | 80,000 | FOR |
 0x2210...cCd02E | 76,732 | FOR |
VOTE POWER
0
Connect Wallet
Proposal Status
- Fri November 15 2024, 07:06 pmVoting Period Starts
- Mon November 18 2024, 01:03 pmEnd Voting Period
- Tue November 19 2024, 05:45 pmQueue Proposal
- Thu November 21 2024, 05:47 pmExecute Proposal
Current Results
1-FOR
598,225.3
2-AGAINST
N/A Tokens
3-ABSTAIN
N/A Tokens
Quorum 598,225.3/400,000