Summary
Gauntlet recommends supply cap changes for one asset on ETH Aave V3.
Per Gauntlet’s supply and borrow cap methodology, we recommend increasing USDT supply cap to 320,000,000.
Motivation
USDT supply cap is at (80%) usage on Ethereum Aave V3 .
Specifications
Ethereum Aave V3
| Parameter | Current Value | Recommended Value |
|---|---|---|
| USDT Supply Cap | 200,000,000 | 320,000,000 |
Next Steps
Once we receive feedback from @ChaosLabs on the above recommendations, we will move forward with Risk Steward or AIP actions.