COMP’s borrow balance has been hitting the 90,750 cap since early September. Gauntlet has limited market risk concerns with Monet’s borrower cap increase, but we want to note that around 90% of the borrowing is being driven by this one account. This user’s borrowing behavior will probably be elastic to the interest rate parameter changes.
As noted by @monet-supply, the borrow cap on COMP was initially set to prevent governance manipulations. Gauntlet doesn’t assess governance risk, but governance risk has been partially mitigated by stronger voter participation (550k+). From a market risk perspective, it is unlikely that increasing cCOMP borrower cap to 150k will add outsized risk to the protocol.