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[COMPOUND] [Gauntlet] Supply Cap Recommendations - Part 1 (10/24)

Voting ended over 1 year agoSucceeded

Summary

Gauntlet recommends the following risk recommendations to the protocol:

  • Increase Optimism V3 WETH Comet’s weETH Supply Cap from 400 to 600.
  • Increase Arbitrum USDC Comet's ezETH supply cap from 500 to 1,400
  • Increase Arbitrum V3 WETH Comet’s ezETH Supply Cap from 6400 to 10240.
  • Increase Base V3 WETH Comet’s ezETH Supply Cap from 2000 to 3,200.
  • Increase Optimism V3 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 22
  • Oct 28

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/355

Off-Chain Vote

Against
0 HVAXVC0%
For
10 HVAXVC90.9%
Abstain
1 HVAXVC9.1%
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Timeline

Oct 29, 2024Proposal created
Oct 30, 2024Proposal vote started
Nov 01, 2024Proposal vote ended
Mar 26, 2026Proposal updated