[Gauntlet] OP Supply Cap Adjustment to USDT Comet
The OP token’s liquidity to USDT has improved since our initial recommendation on February 27th. Gauntlet recommends increasing OP’s supply cap from 400k to 500k for the initial Comet listing.
| Asset | Collateral Factor | Liquidation Factor | Liquidation Penalty | Supply Cap |
|---|---|---|---|---|
| OP | 65% | 70% | 20% | 500,000 ($1.25M) |