[Gauntlet] Delist Low demand Tokens from Euler Yield

Offboard Low demand Tokens from Euler Yield

Summary

This proposal recommends offboarding 4 tokens from Euler Yield: USDtb, PYUSD,syrupUSDC and PT-syrupUSDC-28Aug2025 due to low demand for these tokens and PT-syrupUSDC-28Aug2025 is beyond its maturity date

Supply

Asset Total Supply ($)
USDtb 1.00
PYUSD 13.00
syrupUSDC 59.69
PT-syrupUSDC-28Aug2025 0.00

Offboarding Process

We recommend the following offboarding process:

  • Set supply caps to 100K
  • Ramp down LTVs to 0 over 30 days
  • Inform users about the offboarding on public channels
  • Once the ramping period is over, remove the vaults from the UI
1 Like

Objective Labs is aligned with Gauntlet’s recommendation to remove these four vaults from Euler Yield. USDtb, PYUSD, and syrupUSDC have shown little to no activity for over 30 days, while PT-syrupUSDC-28Aug2025 has long since matured.