Gauntlet would like to alert the community to two high supply concentrations that have reached the 50% concentration risk threshold in the Polygon v3 and Eth v3 markets. Our team is investigating and will keep the community updated on any further developments.
We are continuing to monitor this account, but we wanted to share this information to make sure the protocol is aware and add context if possible:
Gauntlet wants to notify the community of a new whale supply position for asset BUSD on Aave v2 ETH that open up yesterday after a forum post to freeze the BUSD market hit the forums. We will continue to monitor, but wanted to share this information about the position:
We want to notify the community of a large whale position near liquidation on Aave v2 ETH. This user has a health factor of 1.02 with an outstanding borrow position of $17M in WBTC. We notified the community of this account last month via this forum post. We are continuing to monitor, but we wanted to share this information about the client:
Gauntlet wants to notify the community of a whale borrow position for asset WETH on Aave v2 ETH. This account’s position represents 51% of WETH borrow balances. The position is highly collateralized with 3.5 health factor. We will continue to monitor, but wanted to share this information about the position:
Gauntlet would like to notify the community that asset BAL supply cap utilization has reached 81% on Polygon V3.
Asset: BAL on Polygon V3
Supply Cap: 361.00K ($2.6M)
Supply Amount: 289.56K ($2.08M)
Gauntlet will continue to monitor the market. The cap was recently increased to 361k on Feb 22nd, and we do not recommend any further increase to the cap at this time, based on the current market supply relative to on-chain circulating supply.