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Memo 0xf5fdd632…7dbb85 on Ethereum

sendMessage(address,bytes,uint32)updateAssetSupplyCap(address,address,uint128)updateAssetSupplyCap(address,address,uint128)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)updateAssetSupplyCap(address,address,uint128)updateAssetSupplyCap(address,address,uint128)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)# [Gauntlet] Optimism Comet Risk Recommendations ## Simple Summary Gauntlet recommends the following risk parameter updates for the Optimism **v3 USDC comet**: - Increase WETH Supply Cap from 1,600 to 2,600 - Increase OP Supply Cap from 700,000 to 1,400,000 - Increase WBTC Supply Cap from 60 to 100 Gauntlet recommends the following risk parameter updates for the Optimism **v3 USDT comet**: - Increase WETH Supply Cap from 1,600 to 2,600 - Increase OP Supply Cap from 500,000 to 1,000,000 - Increase WBTC Supply Cap from 60 to 100 ## 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-usdt-comet-risk-recommendations-2024-07-10/5412) ## Specification The proposal updates the Supply Cap 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.*