Simple Summary
This analysis follows Gauntlet’s market update here. We recommend no changes to these caps at this point in time.
| Market | Asset | Parameter | Current Parameter | Recommended Parameter |
|---|---|---|---|---|
| Polygon v3 | GHST | Supply Cap | 5,876,000 | No Change |
| Arbitrum v3 | AAVE | Supply Cap | 2,500 | No Change |
| Polygon v3 | SUSHI | Supply Cap | 299,320 | No Change |
| Polygon v3 | SUSHI | Borrow Cap | 102,484 | No Change |
Polygon v3
SUSHI: Given the asset’s market cap, we do not recommend increasing supply or borrow cap.
GHST: we do not recommend increasing supply cap. The aggressive methodology based on global liquidity does not support a borrow and supply cap increase.
Arbitrum v3
AAVE: we do not recommend increasing supply cap. The aggressive methodology based on global liquidity does not support a borrow and supply cap increase.
Analysis
GHST on Polygon v3
Supply Cap Usage has been flat between 70-80% since Feb 1st.
SUSHI on Polygon v3
Supply and Borrow Cap usage have trended between 70-80% since Feb 1st.
Aave on Arbitrum
AAVE Supply Cap usage spiked to 98% on Feb 22nd but has since dropped to 80%.
Next Steps:
- No immediate next steps