compoundSource: Compound governor oz · #561
L2 Supply Cap reductions for low demand Assets
executedApr 8, 2026, 03:25 AM UTCby680x683a…6c02
01Summary
AISummary by Kvorumclaude-haiku-4-5
Gauntlet proposes reducing supply caps by 50% for four low-utilization assets across Optimism and Unichain: USDC (15M→7.5M), USDT (10M→5M), and WBTC (60→30 on Optimism, 120→60 on Unichain). These assets have shown average utilization below 1% over the past 30 days. The changes will not affect currently open positions.
- Type
- parameter change
Key changes
- Optimism WETH USDC supply cap reduction from 15M to 7.5M (50% decrease) due to 0.09% average utilization(medium)
- Optimism WETH USDT supply cap reduction from 10M to 5M (50% decrease) due to 0.01% average utilization(medium)
- Optimism WETH WBTC supply cap reduction from 60 to 30 (50% decrease) due to 0.03% average utilization(medium)
- Unichain WETH WBTC supply cap reduction from 120 to 60 (50% decrease) due to 0.01% average utilization(medium)
Notable concerns
- All four assets demonstrate extremely low utilization rates (below 1%), indicating minimal user demand for these markets
Contracts0x25ace71c97b33cc4729cf772ae268934f7ab5fa10x9a3d64e386c18cb1d6d5179a9596a4b5736e98a6
Generated by Kvorum
model: claude-haiku-4-5
provider: anthropic
profile: anthropic-fast-v1
prompt: v1.0
generated: 2mo ago
02Description
196 words
L2 Supply Cap reductions for low demand Assets
Simple Summary
Gauntlet recommends the following supply cap adjustments to the protocol:
Supply Cap Recommendations
| Comet | Asset | Supply Cap |
|---|---|---|
| Optimism WETH | USDC | 15M → 7.5M |
| Optimism WETH | USDT | 10M → 5M |
| Optimism WETH | WBTC | 60 → 30 |
| Unichain WETH | WBTC | 120 → 60 |
Rationale
The markets below have demonstrated low user demand over the past 30 days, with average supply cap utilization consistently staying below 1%. To reduce risk exposure to the protocol, we recommend lowering the supply caps for these markets by 50%. We note that cap reductions will not affect currently open positions.
| Comet | Asset | Supply Cap Utilization (average over last 30 days) |
|---|---|---|
| Optimism WETH | USDC | 0.09% |
| Optimism WETH | USDT | 0.01% |
| Optimism WETH | WBTC | 0.03% |
| Unichain WETH | WBTC | 0.01% |
More details about this proposal can be found here
03Mismatch analysis
AIMismatch analysis by Kvorum
A calldata-vs-description analysis is not generated yet. Review the decoded actions →
04Actions
2 total
#0sendMessage(address,bytes,uint32)chain 0x1
- Target
- 0x25ac…5fa1
- Value
- 0 wei
- Function
- sendMessage(address,bytes,uint32)
- Arguments
{ "_target": "0xC3a73A70d1577CD5B02da0bA91C0Afc8fA434DAF", "_message": "0x0000000000000000000000000000000000000000000000000000000000000080000000000000000000000000000000000000000000000000000000000000012000000000000000000000000000000000000000000000000000000000000001c000000000000000000000000000000000000000000000000000000000000003e0000000000000000000000000000000000000000000000000000000000000000400000000000000000000000084e93ec6170ed630f5ebd89a1aae72d4f63f271300000000000000000000000084e93ec6170ed630f5ebd89a1aae72d4f63f271300000000000000000000000084e93ec6170ed630f5ebd89a1aae72d4f63f271300000000000000000000000024d86da09c4dd64e50db7501b0f695d030f397af000000000000000000000000000000000000000000000000000000000000000400000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000004000000000000000000000000000000000000000000000000000000000000008000000000000000000000000000000000000000000000000000000000000000e0000000000000000000000000000000000000000000000000000000000000014000000000000000000000000000000000000000000000000000000000000001a0000000000000000000000000000000000000000000000000000000000000002d7570646174654173736574537570706c7943617028616464726573732c616464726573732c75696e743132382900000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000002d7570646174654173736574537570706c7943617028616464726573732c616464726573732c75696e743132382900000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000002d7570646174654173736574537570706c7943617028616464726573732c616464726573732c75696e74313238290000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000236465706c6f79416e6455706772616465546f28616464726573732c61646472657373290000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000400000000000000000000000000000000000000000000000000000000000000800000000000000000000000000000000000000000000000000000000000000100000000000000000000000000000000000000000000000000000000000000018000000000000000000000000000000000000000000000000000000000000002000000000000000000000000000000000000000000000000000000000000000060000000000000000000000000e36a30d249f7761327fd973001a32010b521b6fd0000000000000000000000000b2c639c533813f4aa9d7837caf62653d097ff85000000000000000000000000000000000000000000000000000006d23ad5f8000000000000000000000000000000000000000000000000000000000000000060000000000000000000000000e36a30d249f7761327fd973001a32010b521b6fd00000000000000000000000094b008aa00579c1307b0ef2c499ad98a8ce58e580000000000000000000000000000000000000000000000000000048c273950000000000000000000000000000000000000000000000000000000000000000060000000000000000000000000e36a30d249f7761327fd973001a32010b521b6fd00000000000000000000000068f180fcce6836688e9084f035309e29bf0a209500000000000000000000000000000000000000000000000000000000b2d05e00000000000000000000000000000000000000000000000000000000000000004000000000000000000000000084e93ec6170ed630f5ebd89a1aae72d4f63f2713000000000000000000000000e36a30d249f7761327fd973001a32010b521b6fd", "_minGasLimit": "2500000" }- Calldata
#1sendMessage(address,bytes,uint32)chain 0x1
- Target
- 0x9a3d…98a6
- Value
- 0 wei
- Function
- sendMessage(address,bytes,uint32)
- Arguments
{ "_target": "0x4b5DeE60531a72C1264319Ec6A22678a4D0C8118", "_message": "0x000000000000000000000000000000000000000000000000000000000000008000000000000000000000000000000000000000000000000000000000000000e00000000000000000000000000000000000000000000000000000000000000140000000000000000000000000000000000000000000000000000000000000026000000000000000000000000000000000000000000000000000000000000000020000000000000000000000008df378453ff9deffa513367cdf9b3b53726303e9000000000000000000000000aeb318360f27748acb200ce616e389a6c9409a070000000000000000000000000000000000000000000000000000000000000002000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000002000000000000000000000000000000000000000000000000000000000000004000000000000000000000000000000000000000000000000000000000000000a0000000000000000000000000000000000000000000000000000000000000002d7570646174654173736574537570706c7943617028616464726573732c616464726573732c75696e74313238290000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000236465706c6f79416e6455706772616465546f28616464726573732c616464726573732900000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000002000000000000000000000000000000000000000000000000000000000000004000000000000000000000000000000000000000000000000000000000000000c000000000000000000000000000000000000000000000000000000000000000600000000000000000000000006c987dde50db1dcdd32cd4175778c2a291978e2a000000000000000000000000927b51f251480a681271180da4de28d44ec4afb80000000000000000000000000000000000000000000000000000000165a0bc0000000000000000000000000000000000000000000000000000000000000000400000000000000000000000008df378453ff9deffa513367cdf9b3b53726303e90000000000000000000000006c987dde50db1dcdd32cd4175778c2a291978e2a", "_minGasLimit": "2500000" }- Calldata
05Tally
Summed from votes
Against0.0%0
For100.0%687.3K
Abstain0.0%0
Voters16
VP participating687.3K
Outcome (current)For
Current support100%
06Voters
16 total
Filter:
| Voter | Choice | % of total | Rationale | ||
|---|---|---|---|---|---|
| 3F0x3fb1…4c8a | For | 104.8K | 15.25% | — | 7mo ago |
| 660x66cd…65f9 | For | 80K | 11.64% | — | 7mo ago |
| B30xb356…c826 | For | 60.3K | 8.78% | — | 7mo ago |
| B40xb49f…7948 | For | 60K | 8.73% | — | 7mo ago |
| 050x0579…ca09 | For | 60K | 8.73% | — | 7mo ago |
| 170x1729…b879 | For | 60K | 8.73% | — | 7mo ago |
| B70xb792…89d7 | For | 60K | 8.73% | — | 7mo ago |
| D20xd2a7…5a0c | For | 60K | 8.73% | — | 7mo ago |
| B90xb933…8dd1 | For | 60K | 8.73% | — | 7mo ago |
| 070x0703…961b | For | 51.7K | 7.53% | — | 7mo ago |
| 130x13bd…8548 | For | 30K | 4.36% | — | 7mo ago |
| 1F0x1f3d…0591 | For | 440.7 | 0.06% | — | 7mo ago |
| 9F0x9f77…2768 | For | 0.9 | 0.00% | — | 7mo ago |
| 2F0x2f2f…f78a | For | 0.5 | 0.00% | — | 7mo ago |
| 790x79b6…ca6b | For | 0.4 | 0.00% | — | 7mo ago |
| 880x88f6…0ec0 | For | 0 | 0.00% | — | 7mo ago |
Showing 16
07Forum
- [Gauntlet] Recommendations for Low Utilization Assets - Optimism, Polygon, and Unichain (2026-02-17) ↗discourse · high confidence
AIForum synthesis by Kvorumclaude-haiku-4-5
sentiment · favorablethread · constructive
Arguments for
- Assets with near-zero utilization (0-0.09%) over 30 days pose unnecessary risk and should have supply caps reduced to match actual demand.— Gauntlet
- A 50% supply cap reduction is a prudent risk-management measure that does not affect currently open positions.— Gauntlet
- Even more aggressive cuts than 50% could be justified for assets with zero utilization like stMATIC.— Sixty
Arguments against
None surfaced.
Notable participants
- GauntletProposal author and risk analyst providing utilization data and cap reduction recommendations.
- SixtyCommunity member who suggested more aggressive supply cap reductions for zero-utilization assets.
Generated by Kvorum
model: claude-haiku-4-5
provider: anthropic
profile: anthropic-fast-v1
prompt: v1.0
generated: 2mo ago
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