Summary

Gauntlet recommends the following risk recommendations to the protocol:

• Increase Optimism V3 USDT Comet’s wstETH Supply Cap from 400 to 800
• 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 Optimism V3 USDT Comet’s wstETH Supply Cap from 400 to 800.
• Increase Arbitrum V3 WETH Comet’s ezETH Supply Cap from 10,240 to 12,000.

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 in October posts.

• Nov 5
• Nov 11
• Nov 12

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/364