Gauntlet Borrow/Supply Cap Market Update
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.