[ARFC] Gauntlet Supply Cap Recommendation for Arbitrum v3 2023-11-20


Per Gauntlet’s supply and borrow cap methodology, we recommend increasing the USDC supply cap on Arbitrum v3 to 64,000,000.


Market Asset Parameter Current Value Recommended Value
Arbitrum v3 USDC Supply Cap 41M 64M


The supply cap for Native USDC surpassed the 75% threshold to 77.8% usage on Arbitrum Aave V3.


USDC on-chain token supply has experienced 90% growth since early October.

Next Steps

Once we receive feedback from @ChaosLabs on the above recommendations, we will move forward with Risk Steward actions.

1 Like

We support the recommendation above.

1 Like

Risk steward txn for above cap update is below.

The transaction above was successfully executed.

1 Like

This topic was automatically closed 30 days after the last reply. New replies are no longer allowed.