Gauntlet will use Cap Guardian to increase the Supply Cap for VELO.
| Asset | Current Supply Cap | Recommended Supply Cap |
|---|---|---|
| VELO | 12,700,000 | 18,000,000 |
Gauntlet will be utilizing the Cap Guardian to enact this change as voted by the community within this forum post and proposal.
Supporting Data
VELO Borrowing
Top 10 Suppliers
Analysis of Moonwell’s top 10 suppliers shows that majority of VELO positions have USDC debt with a 1 position having USDT debt.
VELO Liquidity
The current supply caps are well tolerated with slippage. Liquidating all supply on the protocol would incur a 25% slippage relative to a 65% CF.
Quick Links
Please click below to learn about our methodologies:
Gauntlet Parameter Recommendation Methodology
Gauntlet Model Methodology
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