Ethereum Supply cap Reduction Across USD Based Comets

Proposal summary

This proposal updates supply caps for a number of assets across the USD based Mainnet markets. The supply caps for the affected assets are being updated based on their current utilization and risk parameters.

Further detailed information can be found on the corresponding proposal pull request and forum discussion.

Proposal actions

1 - 7. Updates supply caps for weETH and mETH to 0 and tBTC to 73, sFRAX to 33M, UNI to 310,336, and LINK to 210,317 on cUSDTv3 market and upgrades the Comet implementation to apply the changes.

8 - 10. Updates supply caps for weETH and tBTC to 0 on cUSDSv3 market and upgrades the Comet implementation to apply the changes.

11 - 14. Updates supply caps for tBTC to 40, UNI to 364,691, and LINK to 585,990 on cUSDCv3 market and upgrades the Comet implementation to apply the changes.

https://tally.xyz/gov/compound/proposal/578