[Gauntlet] Supply Cap Recommendations (10/28/24)
Simple Summary
Gauntlet recommends the following risk recommendations to the protocol:
- Increase Optimism V3 WETH Comet’s weETH Supply Cap from 400 to 600.
- Increase Base V3 USDC Comet’s cbBTC Supply Cap from 45 to 72.
Motivation
Please review the daily utilization of Optimism V3 WETH Comet’s weETH and Base V3 USDC Comet’s cbBTC supply cap. Currently, the utilization has reached above 75%.
Optimism V3 WETH Comet - weETH
Base V3 USDC Comet - cbBTC
Top Suppliers
Optimism V3 WETH Comet - weETH
Base V3 USDC Comet - cbBTC
Slippage - Supply Cap of Optimism V3 WETH Comet - weETH
Next Steps
- Welcome feedback from the community
- Post recommendations to on-chain proposal