Per our Methodology, Gauntlet would recommend the following changes to the caps:
- Increase wstETH Borrow Cap from 400 to 800.
- While our conservative rec is 2,800, we are limiting the change to 800, per community guidelines on increasing caps.
As previously mentioned, we do not recommend increasing the supply cap for wstETH and recommend a more conservative borrow cap increase at this time due to the impending Shanghai Upgrade. We will revisit immediately post-upgrade on April 12th.
|Asset||Cap||Current Cap||Conservative Cap Rec||Aggressive Cap Rec|
- Targeting AIP on 4/11/2023