Summary
Should the community choose to onboard PT-cUSD-23JUL2026 and PT-stcUSD-23JUL2026 to Euler Yield, Gauntlet recommends the following parameters:
Cap Recommendations
Current Pendle liquidity is ~$10.7M for PT-cUSD-23JUL2026 and ~$8.5M for PT-stcUSD-23JUL2026. Gauntlet recommends the following cap::
| Asset | Supply Cap | Borrow Cap |
|---|---|---|
| PT-cUSD-23JUL2026 | 10M | - |
| PT-stcUSD-23JUL2026 | 5M | - |
LLTVs
Gauntlet recommends the same LLTVs as the previous maturities.
IRMs
No IRMs are needed as these assets will be non-borrowable.
Oracles
Gauntlet recommends the same oracle strategy as the previous maturities.
Next Steps
- We welcome community feedback