# Ethereum Supply cap Reduction Across USD Based Comets
AI summary
This proposal aims to adjust the maximum amount of certain assets that can be supplied to Compound's USD-based lending markets (cUSDTv3, cUSDSv3, and cUSDCv3). Specifically, it sets supply caps for weETH and mETH to zero, effectively preventing new deposits of these assets. It also modifies caps for tBTC, sFRAX, UNI, and LINK across these markets, generally reducing them based on current usage and risk assessments.
If passed, users will no longer be able to supply weETH or mETH to the affected Compound markets. The changes to other asset caps might limit the total amount of those assets that can be supplied, potentially affecting liquidity providers and borrowers. The overall goal is to reduce risk within the protocol.
Voting results
🐳 Whale votes
0 votes > 5% VPFull proposal
Ethereum Supply cap Reduction Across USD Based Comets
Proposal summary
This proposal updates supply caps for a number of assets across the USD based Mainnet markets. The supply caps for the affected assets are being updated based on their current utilization and risk parameters.
Further detailed information can be found on the corresponding proposal pull request and forum discussion.
Proposal actions
1 - 7. Updates supply caps for weETH and mETH to 0 a…