Summary

Gauntlet recommends the following risk recommendations to the protocol:

• Increase Optimism V3 WETH Comet’s wrsETH Supply Cap from 220 to 440
• Increase USDC Optimism wstETH supply cap from 600 to 1,000
• Increase Base V3 USDC Comet’s cbBTC Supply Cap from 45 to 72.
• Increase Mainnet WETH Comet's ezETH supply cap from 50,000 to 80,000
• Increase Mainnet WETH Comet's rsETH supply cap from 5,000 to 10,000
• Increase Optimism WETH Comet's ezETH supply cap from 2,400 to 3,200

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.

• Oct 21
• Oct 28
• Nov 4

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/361