# Gauntlet's Risk Recommendation - Increase wstETH Caps on BASE via Guardian

**URL:** https://forum.moonwell.fi/t/gauntlets-risk-recommendation-increase-wsteth-caps-on-base-via-guardian/681
**Category:** Proposals
**Tags:** base
**Created:** [November 17, 2023, 5:33pm UTC](https://forum.moonwell.fi/t/gauntlets-risk-recommendation-increase-wsteth-caps-on-base-via-guardian/681 "2023-11-17T17:33:48Z")
**Posts on this page:** 2
**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: [November 17, 2023, 5:33pm UTC](https://forum.moonwell.fi/t/gauntlets-risk-recommendation-increase-wsteth-caps-on-base-via-guardian/681/1 "2023-11-17T17:33:48Z")

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## Simple Summary

Gauntlet will use Cap Guardian to increase Supply and Borrow Cap on wstETH.

| | Current | Recommended |
| --- | --- | --- |
| Borrow Cap | 80 | 160 |
| Supply Cap | 180 | 360 |

Gauntlet will be utilizing the Cap Guardians 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

#### Supply Cap Usage

 ![image](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/1X/cfd23bc97e224cfaba775a82c1b09f16faaca676.png)

#### Borrow Cap Usage

 ![image](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/1X/25fbac1a51fb199843b0527a59ba18f8d0d069f4.png)

#### Circulating Supply of wstETH

 ![image](https://europe1.discourse-cdn.com/flex017/uploads/moonwell/original/1X/7502bfeb83a1247e1e8035e9fa35681da126c526.png)

| Asset | Current Borrow Cap | Current Supply Cap | Borrow Cap Usage | Supply Cap Usage | DEX 25pct Slippage Token | DEX 25pct Slippage USD |
| --- | --- | --- | --- | --- | --- | --- |
| wstETH | 80 | 180 | 83% | 80% | 160 | $352k |

---

<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: [November 17, 2023, 5:46pm UTC](https://forum.moonwell.fi/t/gauntlets-risk-recommendation-increase-wsteth-caps-on-base-via-guardian/681/2 "2023-11-17T17:46:13Z")

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Hey Moonwell Community,  
Guardian Action has been implemented. Here are the borrow cap [transaction](https://basescan.org/tx/0xceb965863f49f24ec61003809a2689656f6f112467dd4ac319533b7106c73148) and supply cap [transaction](https://basescan.org/tx/0x57ddd8d869e40c2928efdb34846e725a26a0488184111c45c9514df3de610714#eventlog).
