Summary
Per Gauntlet’s supply and borrow cap methodology, we recommend borrow cap increase for WETH on Metis v3.
Chain | Asset | Cap | Current | Recommended |
---|---|---|---|---|
Metis | WETH | BORROW | 30 | 60 |
Motivation
Borrow Cap usage for WETH on Metis v3 is at 97%.
Next Steps
Once we receive feedback from @ChaosLabs on the above recommendations, we will be able to move forward to implement these updates via the Risk Steward process.