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Memo 0x633f0eee…5fce7f on Ethereum

I am supportive of Gauntlet's relatively strict tightening of supply caps on non-USD mainnet Comets. In addition to the general TVL outflows I cited in my support for Proposal 578, the need to carefully manage caps on staked ETH collateral is especially fraught due to strong correlation among these assets and potential edge-case risks in case an unexpected turn of events in the rsETH recapitalization campaign propagates through these markets.