compoundSource: Compound governor bravo · #281
[Gauntlet] Optimism Comet Risk Recommendations
executedJul 21, 2024, 06:03 AM UTCby680x683a…6c02
01Summary
AISummary by Kvorumclaude-haiku-4-5
Gauntlet proposes to increase supply caps for WETH, OP, and WBTC across Optimism's v3 USDC and v3 USDT comets to improve capital efficiency. Specifically: WETH cap increases from 1,600 to 2,600 in both comets, OP cap increases from 700,000 to 1,400,000 in USDC and 500,000 to 1,000,000 in USDT, and WBTC cap increases from 60 to 100 in both comets.
- Type
- parameter change
Key changes
- Increase WETH Supply Cap from 1,600 to 2,600 in Optimism v3 USDC comet(medium)
- Increase OP Supply Cap from 700,000 to 1,400,000 in Optimism v3 USDC comet(medium)
- Increase WBTC Supply Cap from 60 to 100 in Optimism v3 USDC comet(medium)
- Increase WETH Supply Cap from 1,600 to 2,600 in Optimism v3 USDT comet(medium)
- Increase OP Supply Cap from 500,000 to 1,000,000 in Optimism v3 USDT comet(medium)
- Increase WBTC Supply Cap from 60 to 100 in Optimism v3 USDT comet(medium)
Contracts0x25ace71c97b33cc4729cf772ae268934f7ab5fa10xC3a73A70d1577CD5B02da0bA91C0Afc8fA434DAF
Generated by Kvorum
model: claude-haiku-4-5
provider: anthropic
profile: anthropic-fast-v1
prompt: v1.0
generated: 2mo ago
02Description
148 words
[Gauntlet] Optimism Comet Risk Recommendations
Simple Summary
Gauntlet recommends the following risk parameter updates for the Optimism v3 USDC comet:
- Increase WETH Supply Cap from 1,600 to 2,600
- Increase OP Supply Cap from 700,000 to 1,400,000
- Increase WBTC Supply Cap from 60 to 100
Gauntlet recommends the following risk parameter updates for the Optimism v3 USDT comet:
- Increase WETH Supply Cap from 1,600 to 2,600
- Increase OP Supply Cap from 500,000 to 1,000,000
- Increase WBTC Supply Cap from 60 to 100
Motivation
Gauntlet recommends adjusting the risk parameters to increase capital efficiency within the Comet. Full proposal and forum discussion
Specification
The proposal updates the Supply Cap by using the respective methods on the Configurator.
By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.network/tos.
03Mismatch analysis
AIMismatch analysis by Kvorumclaude-sonnet-5
Consistent
The proposal is executed via a single cross-chain sendMessage call whose payload, once decoded, contains six updateAssetSupplyCap calls—three for each of the two named comets—followed by deployAndUpgradeTo calls that apply the changes. Decoding the hex arguments: for comet 0x2e44e174...c5bcb the OP cap is set to 1,400,000e18, WBTC cap to 100e8 (0x2540be400), and WETH cap to 2,600e18 (0x8cf23f909c0fa000); for comet 0x995e394b...962b214 the OP cap is set to 1,000,000e18, WBTC cap to 100e8, and WETH cap to 2,600e18. These values line up exactly with the description's stated new caps for the USDC and USDT comets (WETH 1,600→2,600 for both; OP 700,000→1,400,000 for USDC and 500,000→1,000,000 for USDT; WBTC 60→100 for both), and the comet addresses match the known Optimism USDC and USDT comet addresses. The deployAndUpgradeTo calls are standard mechanics for applying Configurator changes to a comet proxy and are reasonably omitted from a high-level description as routine bookkeeping. No value, target, or direction mismatches were found between the prose and the decoded calldata.“
Generated by Kvorum
model: claude-sonnet-5
provider: anthropic
profile: anthropic-strong-v1
prompt: v1.0
generated: 2mo ago
04Actions
1 total
#0sendMessage(address,bytes,uint32)chain 0x1
- Target
- 0x25ac…5fa1
- Value
- 0 wei
- Function
- sendMessage(address,bytes,uint32)
- Arguments
{ "0": "0xC3a73A70d1577CD5B02da0bA91C0Afc8fA434DAF", "1": "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", "2": "2500000" }- Calldata
05Tally
Summed from votes
Against0.0%0
For93.1%438.6K
Abstain6.9%32.5K
Voters21
VP participating471.1K
Outcome (current)For
Current support100%
06Voters
21 total
Filter:
| Voter | Choice | % of total | Rationale | ||
|---|---|---|---|---|---|
| 220x2210…d02e | For | 54.5K | 11.58% | — | 2y ago |
| B90xb933…8dd1 | For | 54K | 11.46% | — | 2y ago |
| 680x683a…6c02 | For | 50.1K | 10.63% | — | 2y ago |
| 070x0703…961b | For | 50K | 10.61% | — | 2y ago |
| B40xb49f…7948 | For | 50K | 10.61% | — | 2y ago |
| 130x13bd…8548 | For | 50K | 10.61% | — | 2y ago |
| DC0xdc1f…e432 | For | 50K | 10.61% | — | 2y ago |
| 7B0x7b3c…cc33 | For | 50K | 10.61% | — | 2y ago |
| 2B0x2b38…bf33 | Abstain | 32.5K | 6.90% | — | 2y ago |
| 3F0x3fb1…4c8a | For | 25.6K | 5.42% | — | 2y ago |
| B30xb356…c826 | For | 3.9K | 0.84% | — | 2y ago |
| 660x66cd…65f9 | For | 481.8 | 0.10% | — | 2y ago |
| 720x72c5…7708 | For | 12 | 0.00% | — | 2y ago |
| E40xe459…e666 | For | 5.2 | 0.00% | — | 2y ago |
| 050x0579…ca09 | For | 1 | 0.00% | — | 2y ago |
| 2F0x2f2f…f78a | For | 0.5 | 0.00% | — | 2y ago |
| A60xa6f7…c4a2 | For | 0.2 | 0.00% | — | 2y ago |
| 070x0761…8b4f | For | 0.1 | 0.00% | — | 2y ago |
| 130x1340…8385 | For | 0 | 0.00% | — | 2y ago |
| F80xf88c…bdfd | Abstain | 0 | 0.00% | — | 2y ago |
| 770x77c0…d347 | Abstain | 0 | 0.00% | — | 2y ago |
Showing 21
07Forum
- [Gauntlet] Optimism USDC & USDT Comet Risk Recommendations (2024-07-10) ↗discourse · high confidence
AIForum synthesis by Kvorumclaude-haiku-4-5
sentiment · favorablethread · constructive
Arguments for
- Increasing supply caps enhances capital efficiency within both USDC and USDT comets while maintaining safety based on current liquidation penalty settings and available on-chain DEX liquidity.— Gauntlet
- Raising OP supply caps in preparation for upcoming OP incentives will position Compound to capture increased growth and attract larger suppliers.— Gauntlet
- Current largest positions have acceptable health factors (1.10–1.40) and can be safely liquidated given adequate on-chain liquidity, justifying higher caps.— Gauntlet
Arguments against
None surfaced.
Notable participants
- GauntletRisk analyst and proposal author recommending supply cap increases for Optimism Comet markets.
Generated by Kvorum
model: claude-haiku-4-5
provider: anthropic
profile: anthropic-fast-v1
prompt: v1.0
generated: 2mo ago
08Similar proposals
AI · embeddings
- compoundexecuted[Gauntlet] Supply Cap Recommendations (11/4/24)91%
- compoundcanceled[Gauntlet] Supply Cap Recommendations (11/11/24)91%
- compoundexecuted[Gauntlet] Supply Cap Recommendations (11/11/24)90%
- compoundexecuted[Gauntlet] Supply Cap Recommendations - Part 1 (10/24)90%
- compoundexecuted[Gauntlet] Supply Cap Recommendations (11/27/24)89%
- compoundexecuted[Gauntlet] - Supply Cap Recommendations (6/10/25)87%
- compoundcanceled[Gauntlet] - Supply Cap Recommendations87%
- compoundexecuted[Gauntlet] - Supply Cap Recommendations (2024-10-15) - Part 187%
- compoundexecuted[Gauntlet] - Supply Cap Recommendations (2024-09-16)87%
- compounddefeated[Gauntlet] - Supply Cap Recommendations87%