Guardian Action
Gauntlet implemented Cap Guardian to decrease the following caps:
| Risk Parameter | Current Value | Recommended Value |
|---|---|---|
| USDbC Supply Cap | 40,000,000 | 20,000,000 |
| USDbC Borrow Cap | 32,000,000 | 16,000,000 |
| cbETH Borrow Cap | 1,200 | 1,000 |
The rationale for these actions have been explained in Gauntlet’s BASE recommendation forum post and Base Supply/Borrow Cap forum post.
Gauntlet utilized the Cap Guardian to enact this change as voted by the community within this forum post and proposal.