[ARFC] - Chaos Labs Risk Stewards - Increase Supply and Borrow Caps on V3 Ethereum - 01.12.2024

Gauntlet supports these cap increases on Ethereum.

We also recommend increasing 1INCH supply cap on Ethereum from 22M to 30M.


Screen Shot 2024-01-12 at 10.13.14 PM

As seen in our dashboard, the 1INCH supply cap utilization has significantly increased in the last two weeks, from 6% utilization to 81% utilization.

In addition, the 1INCH debt ceiling is 62%.

Per our supply cap methodology and given the debt ceiling, we recommend increasing the 1INCH supply cap from 22M to 30M.


Chain Asset Current Supply Cap Recommended Supply Cap Current Borrow Cap Recommended Borrow Cap
Ethereum SNX 3,000,000 4,500,000 1,100,000 No Change
Ethereum ENS 1,000,000 1,500,000 40,000 No Change
Ethereum 1INCH 22,000,000 30,000,000 720,000 No Change
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