0x93738d2a…658asent to0x683a4f99…6c02·#20,119,227·view on Etherscan
sendMessage(address,bytes,uint32)updateAssetSupplyCap(address,address,uint128)updateAssetLiquidationFactor(address,address,uint64)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)# [Gauntlet] Optimism USDC Risk Recommendations - 06-17-24
# Simple Summary
Gauntlet recommends the following risk parameter updates for the **Optimism v3 USDC comet**:
- Increase WBTC Liquidation Penalty from 5% to 10%
- Increase WBTC Supply Cap from 60 to 120
- Increase OP Supply Cap from 700,000 to 1,400,000
## Motivation
Gauntlet recommends adjusting the risk parameters to increase capital efficiency within the Comet.
[Full proposal and forum discussion](https://www.comp.xyz/t/gauntlet-optimism-usdc-risk-recommendations-05-20-2024/5263)
## Specification
The proposal updates the Supply Cap and Liquidation Factor by using the respective methods on the Configurator.
***By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.network/tos.***