Given the increasing market demand for the following assets, Gauntlet recommends further cap changes
Summary
Gauntlet recommends the following risk recommendations to the protocol:
- Increase WETH Optimism ezETH supply cap from 2,400 to 3,200
- Increase USDC Optimism wstETH supply cap from 600 to 1,000
- Increase USDC Arbitrum wstETH supply cap from 5,000 to 7,500
- Increase USDC Arbitrum ezETH supply cap from 500 to 1,400
Analysis
Optimism
Slippage - Liquidating top 10 suppliers of wstETH USDC on Optimism
Arbitrum
Slippage - liquidating top 10 suppliers of wstETH USDC Comet on Arbitrum
25% Slippage - Supply Cap of ezETH USDC on Arbitrum
Next Step
- Welcome community feedback
- Submit on-chain proposal