[Gauntlet] Base USDbC Comet Update: (2024-03-08 through 2024-03-14)
Gauntlet would like to provide the community with an update on the Base USDbC comet over the past week.
Simple Summary
- USDbC Borrows increased 1.03%, from $13.38M to $13.52M.
- USDbC Supply has not changed, remaining at $15.08M.
- USDbC utilization increased 1.80%, from 88.73% to 90.32%.
- The minimum USDbC reserve growth was 10.52%, and the maximum was 11.90%. The average USDbC reserve growth was 10.86%.
- The comet accumulated $4.63K USDbC reserves while distributing $28.12K COMP rewards for a weekly Net Protocol Profit of $-23.50K.
COMP Rewards Analysis
| Chain | CometRewards COMP token holdings | Daily aggregate COMP token reward distributions | Remaining days of rewards runway (not including existing claimable rewards) |
|---|---|---|---|
| Base | 7.87K | 65.00 | 121.10 |
Collateral Asset Supply
This graph shows the total supply of all collateral assets over the past week.
To see updated statistics, please see the live version of this graph here.
Base Asset Borrows
This graph shows the total borrows of the base asset over the past week.
To see updated statistics, please see the live version of this graph here.
Utilization
This graph shows the utilization (borrow / supply) of the base asset over the past week.
Supply Cap Usage
This graph shows the supply cap usage (supply / supply cap) of all collateral assets over the past week.
