# \[Gauntlet\] - cbBTC Supply Cap recommendations (2024-09-17)

**URL:** <https://forum.moonwell.fi/t/gauntlet-cbbtc-supply-cap-recommendations-2024-09-17/1229>\
**Category:** Proposals\
**Tags:** base\
**Created:** [September 17, 2024, 3:37pm UTC](https://forum.moonwell.fi/t/gauntlet-cbbtc-supply-cap-recommendations-2024-09-17/1229 "2024-09-17T15:37:56Z")\
**Posts on this page:** 1\
**Page:** 1

<div class="post-metadata">

**Author:** ![Gauntlet](https://dub1.discourse-cdn.com/flex017/user_avatar/forum.moonwell.fi/gauntlet/32/780_2.png) [@Gauntlet](https://forum.moonwell.fi/u/Gauntlet)\
**Post date:** [September 17, 2024, 3:37pm UTC](https://forum.moonwell.fi/t/gauntlet-cbbtc-supply-cap-recommendations-2024-09-17/1229/1 "2024-09-17T15:37:57Z")

</div>

Gauntlet will use Cap Guardian to increase the Supply Cap for cbBTC.

| Asset | Current Supply Cap | Recommended Supply Cap |
| --- | --- | --- |
| cbBTC | 110 | 220 |

Gauntlet will be utilizing the Cap Guardian to enact this change as voted by the community within this forum [post](https://forum.moonwell.fi/t/gauntlets-initial-recommendations-for-moonwell-on-base/536) and [proposal](https://gov.moonwell.fi/artemis/proposal/39).

## Supporting Data

### cbBTC Borrowing

**Top 10 Suppliers**

 ![Screenshot 2024-09-17 at 9.32.09 AM](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/f/f5af67920d7cb7864382c1077b7c717bef38e892.png)

Analysis of Moonwell’s top 10 suppliers shows that majority of cbBTC positions have USDC debt with a few positions having WETH debt.

### cbBTC Liquidity

 ![Screenshot 2024-09-17 at 9.34.42 AM](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/2X/6/67e096fa1aa2558a9c84972b0bf9b1b70bddaa35.png)

cbBTC is very liquid, the current supply cap, if liquidated would only incur a 6.5% slippage against USDC.

### Quick Links

_Please click below to learn about our methodologies:_

[Gauntlet Parameter Recommendation Methodology](https://medium.com/gauntlet-networks/gauntlets-parameter-recommendation-methodology-8591478a0c1c)  
[Gauntlet Model Methodology](https://medium.com/gauntlet-networks/gauntlets-model-methodology-ea150ff0bafd)

_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._