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[Gauntlet] - Supply Cap Recommendations (2024-10-15) - Part 1
Active
349•1 day, 12 hrs left
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For

80,040

80,033.6797
7.0278
0.1155
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Against

0

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Details

1
Set supply cap for ezETH on Comet via Configurator to 50000.00
2
Deploy and upgrade new implementation for Comet via Configurator
3
Set supply cap for wstETH on cUSDTv3 via Configurator to 45000.00
4
Deploy and upgrade new implementation for cUSDTv3 via Configurator
5
0x25ace71c97B33Cc4729CF772ae268934F7ab5fA1.sendMessage("0xC3a73A70d1577CD5B02da0bA91C0Afc8fA434DAF", "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", 2500000)
6
0x6774Bcbd5ceCeF1336b5300fb5186a12DDD8b367.sendMessage("0xC6bf5A64896D679Cf89843DbeC6c0f5d3C9b610D", 0, "0x00000000000000000000000000000000000000000000000000000000000000800000000000000000000000000000000000000000000000000000000000000100000000000000000000000000000000000000000000000000000000000000018000000000000000000000000000000000000000000000000000000000000003200000000000000000000000000000000000000000000000000000000000000003000000000000000000000000ecab0beea3e5dea0c35d3e69468eac20098032d7000000000000000000000000ecab0beea3e5dea0c35d3e69468eac20098032d700000000000000000000000087a27b91f4130a25e9634d23a5b8e05e342bac5000000000000000000000000000000000000000000000000000000000000000030000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000003000000000000000000000000000000000000000000000000000000000000006000000000000000000000000000000000000000000000000000000000000000c00000000000000000000000000000000000000000000000000000000000000120000000000000000000000000000000000000000000000000000000000000002d7570646174654173736574537570706c7943617028616464726573732c616464726573732c75696e743132382900000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000002d7570646174654173736574537570706c7943617028616464726573732c616464726573732c75696e74313238290000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000236465706c6f79416e6455706772616465546f28616464726573732c616464726573732900000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000003000000000000000000000000000000000000000000000000000000000000006000000000000000000000000000000000000000000000000000000000000000e000000000000000000000000000000000000000000000000000000000000001600000000000000000000000000000000000000000000000000000000000000060000000000000000000000000b2f97c1bd3bf02f5e74d13f02e3e26f93d77ce4400000000000000000000000053000000000000000000000000000000000000040000000000000000000000000000000000000000000000d8d726b7177a8000000000000000000000000000000000000000000000000000000000000000000060000000000000000000000000b2f97c1bd3bf02f5e74d13f02e3e26f93d77ce44000000000000000000000000f610a9dfb7c89644979b4a0f27063e9e7d7cda3200000000000000000000000000000000000000000000003635c9adc5dea000000000000000000000000000000000000000000000000000000000000000000040000000000000000000000000ecab0beea3e5dea0c35d3e69468eac20098032d7000000000000000000000000b2f97c1bd3bf02f5e74d13f02e3e26f93d77ce44", 3000000)
7
Bridge wrapped actions to Arbitrum with BridgeReceiver
a
Set supply cap for wstETH on cUSDCv3 via Configurator to 8000.00
b
Deploy and upgrade new implementation for cUSDCv3 via Configurator
Summary
Gauntlet recommends the following risk recommendations to the protocol:
  • Increase WETH Mainnet ezETH supply cap from 25,000 to 50,000
  • Increase USDT Mainnet wstETH supply cap from 28,000 to 45,000
  • Increase USDC Arbitrum wstETH supply cap from 5,000 to 8,000
  • Increase USDT Optimism wstETH supply cap from 400 to 600
  • Increase USDC Optimism wstETH supply cap from 600 to 960
  • Increase WETH Optimism wrsETH supply cap from 220 to 350
  • Increase WETH Optimism ezETH supply cap from 1,200 to 2,400
  • Increase USDC Scroll wstETH supply cap from 250 to 1,000
  • Increase USDC Scroll WETH supply cap from 2,000 to 4,000
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. This part 1 of the proposal, part 2 will incorporate wstETH recommendations for USDT and USDC Comets on Optimism.
Full proposal and forum discussions can be found here
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

Proposal History

Created
October 16th, 2024 – 8:41pm
Active
October 18th, 2024 – 4:43pm