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[COMPOUND] [Gauntlet] - Risk Recommendations (2024-08-27)

Voting ended over 1 year agoSucceeded

Summary

Gauntlet recommends the following risk recommendations:

  • Increase WETH Arbitrum Comet’s weETH Supply Cap from 12,000 to 24,000
  • Increase WETH Arbitrum Comet’s rETH Supply Cap from 4,500 to 7,500

Motivation

This recommendation aims to increase supply caps for assets on their respective Comet. Gauntlet recommends to increase supply caps to increase capital efficiency within the Comets. Full proposal and forum discussions can be found below:

  • Arbitrum WETH Comet Risk Recommendations

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

https://compound.finance/governance/proposals/318

Off-Chain Vote

Against
0 HVAXVC0%
For
7 HVAXVC63.6%
Abstain
4 HVAXVC36.4%
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Timeline

Aug 27, 2024Proposal created
Aug 29, 2024Proposal vote started
Aug 31, 2024Proposal vote ended
Mar 26, 2026Proposal updated