Gauntlet Guardian - Borrow Cap Recommendations for xcUSDC

Simple Summary

Gauntlet will use Cap Guardian to increse the Borrow Cap for xcUSDC.

Current Borrow Cap Recommended Borrow Cap
xcUSDC - 400,000

Gauntlet will be utilizing the Cap Guardian to enact this change as voted by the community within this forum post and proposal.

Supporting Data

xcUSDC Circulating Supply

The circulating supply of xcUSDC has increased to 182k xcUSDC, and expect this growth to continue further. The Borrow Cap is intended to accomodate the future growth.


xcUSDC Borrowing

The top 10 largest positions on xcUSDC are borrowing using both recursive and non-recursive strategies. Gauntlet will continue to monitor these positions.

Quick Links

Please click below to learn about our methodologies:

Gauntlet Parameter Recommendation Methodology
Gauntlet Model Methodology

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Guardian has been implemented to increase xcUSDC supply cap. Here is the transaction.

1 Like

At what point would you recommend giving xcUSDC a collateral factor?