executedEnded 2 months ago · Onchain
[Gauntlet] - Cap recommendations (01/21/25)
By 0x683a...D26C02Continue Reading
Summary
Gauntlet recommends the following risk recommendations to the protocol:
- Increase Ethereum V3 USDT Comet’s cbBTC Supply Cap from 500 to 1,000.
- Increase Ethereum V3 USDC Comet’s tBTC Supply Cap from 285 to 570.
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 the following 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
0VOTE POWER
0
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Proposal Status
- Thu January 23 2025, 08:12 pmVoting Period Starts
- Sun January 26 2025, 02:14 pmEnd Voting Period
- Sun January 26 2025, 02:15 pmQueue Proposal
- Tue January 28 2025, 02:17 pmExecute Proposal
Current Results
1-FOR
501,101.7
2-AGAINST
0.12
3-ABSTAIN
N/A Tokens
Quorum 501,101.82/400,000