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

**URL:** <https://forum.moonwell.fi/t/gauntlets-risk-recommendation-increase-wsteth-caps-on-base/674>\
**Category:** Proposals\
**Tags:** base\
**Created:** [November 13, 2023, 8:56pm UTC](https://forum.moonwell.fi/t/gauntlets-risk-recommendation-increase-wsteth-caps-on-base/674 "2023-11-13T20:56:55Z")\
**Posts on this page:** 1\
**Showing post:** 3

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**Author:** ![WardenFinance](https://dub1.discourse-cdn.com/flex017/user_avatar/forum.moonwell.fi/wardenfinance/32/427_2.png) [@WardenFinance](https://forum.moonwell.fi/u/WardenFinance)\
**Post date:** [November 13, 2023, 10:02pm UTC](https://forum.moonwell.fi/t/gauntlets-risk-recommendation-increase-wsteth-caps-on-base/674/3 "2023-11-13T22:02:13Z")

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Reward rates for wstETH have been updated to help bootstrap liquidity for the market.

| wstETH Reward stream | Emissions per sec (before) | Emissions per sec (after) |
| --- | --- | --- |
| WELL Supply-side | 0 | 0.1141111493 |
| WELL Borrow-side | 0 | 0 |
| USDC Supply-side | 0 | 0 |
| USDC Borrow-side | 0 | 0 |

| Total supply (%of supply cap) | 0% | 25% | 50% | 75% | 100% |
| --- | --- | --- | --- | --- | --- |
| wstETH Supply WELL APR | ∞% | 18.85% | 9.43% | 6.28% | 4.71% |

Rewards were shifted from ETH market towards wstETH.

- ETH market utilization is standing at healthy levels from a risk perspective
- Reducing rewards by 0.11 WELL/second for ETH is less detrimental relative to other markets

| WELL allocation | cbETH | DAI | USDbC | USDC | ETH | wstETH |
| --- | --- | --- | --- | --- | --- | --- |
| Supply-side | 20.00% | 20.00% | 0.00% | 20.00% | 40.00% → 38.00% | 0.00% → 2.00% |
| Borrow-side | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |

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_[View the full topic](https://forum.moonwell.fi/t/gauntlets-risk-recommendation-increase-wsteth-caps-on-base/674)._