[COMPOUND] Supply cap adjustments for USDe on Mainnet USDC and USDT Comets
Supply cap adjustments for USDe on Mainnet USDC and USDT Comets
Simple Summary
Gauntlet recommends the following supply cap adjustments to the protocol:
Supply Caps
| Status | Comet | Collateral | Supply Cap |
|---|---|---|---|
| Current | Mainnet USDC | USDe | 30,000,000 |
| Proposed | Mainnet USDC | USDe | 15,000,000 |
| Current | Mainnet USDT | USDe | 30,000,000 |
| Proposed | Mainnet USDT | USDe | 15,000,000 |
Motivation
Since the initial listing parameter recommendations, the liquidity profile of USDe has changed on Mainnet. Onchain liquidity has declined over the last month with the main DEX pool (Fluid USDe/USDT) reducing by ~$30M.
Full details about these changes can be found below
Off-Chain Vote
For
0 HVAXVC0%
Against
0 HVAXVC0%
Abstain
0 HVAXVC0%
Timeline
Mar 09, 2026Proposal created
Mar 11, 2026Proposal vote started
Mar 12, 2026Proposal vote ended
Mar 17, 2026Proposal updated