[Jan 2026] Non-critical Parameter Updates by Risk Stewards

This is the monthly continuation of CapRiskSteward updates.

Previous update threads:

Summary

Euler Labs and Objective Labs recently developed the CapRiskSteward smart contract as a fast lane for non-critical parameter updates. Following its implementation for the Euler DAO markets, we propose that service providers follow a notification process for in-scope changes. By establishing this process we seek to give the Euler community full transparency into the work done by service providers to optimize and grow Euler DAO markets.

[Gauntlet] Supply Cap Update for XAut on Euler Prime

Market Vault Supply Cap Borrow Cap
Euler Prime XAUt 200→300 -

Rationale

XAUt has demonstrated strong user demand on Euler Prime, consistently exceeding 90% utilization over the past 30 days. To accommodate this ongoing demand and support market growth, we recommend increasing the Supply Cap to 300. There is adequate liquidity to support a swap to USDC of this full cap with minimal slippage.

Next Steps

  • We welcome community feedback.