Supply Cap Revisions for syrupUSDC
Simple Summary
| Market | Vault | Supply Cap | Borrow Cap |
|---|---|---|---|
| Euler Prime | syrupUSDC | 20M→2.5M | N/A |
Rationale
Gauntlet recommends reducing the caps on syrupUSDC in light of recent concerns about syrupBTC. Since the relationship between syrupUSDC and syrupBTC is unclear, Gauntlet recommends this action out of an abundance of caution. Once the situation becomes clearer, this cap can be restored or reset as appropriate.
Next Steps
- We welcome community feedback.