Cactus | Compound | tBTC Risk Parameter Update: L2 Supply Caps and Borrow Collateral Factors

Pending execution

tBTC Risk Parameter Update: L2 Supply Caps and Borrow Collateral Factors

Proposed by

0x7B3c...cc33

Proposal ID

623

Governor

Compound Governor

Proposed

Nov 1st, 2026

16 addresses

667.47K votes

allthecolors

120.67K

Mosaico

60K

FranklinDAO

60K

Arana Digital

60K

Tané

60K

Wintermute Governance

60K

Quorum

667.47K of 400K

Majority support

Yes

For

667.47K

Against

Abstain

Actions

Type

Address

Details

Custom

Bridge to Base

0x866E...0Afa

sendMessage(..)

Custom

Account

Bridge to Base

0x866E...0Afa

Method

sendMessage(..)

Custom

Bridge to Arbitrum

0x4Dbd...AB3f

createRetryableTicket(..)

Custom

Account

Bridge to Arbitrum

0x4Dbd...AB3f

Method

createRetryableTicket(..)

Summary

Threshold Network has paused tBTC minting and redemptions. Gauntlet recommends setting the tBTC supply cap and borrow collateral factor to 0 on every Comet where tBTC is listed in Base and Arbitrum. Liquidate collateral factors are unchanged, so no position becomes liquidatable.

Changes

Comet	Supply Cap	Borrow CF	Liquidate CF
Base cUSDCv3	20 → 0	80% → 0%	85% (unchanged)
Arbitrum cUSDTv3	3 → 0	80% → 0%	85% (unchanged)
Arbitrum cUSDCv3	0 (unchanged)	80% → 0%	85% (unchanged)

Forum post: https://www.comp.xyz/t/gauntlet-tbtc-risk-parameter-update-supply-caps-and-borrow-collateral-factors-to-0/8220

Quorum

667.47K of 400K

Majority support

Yes

For

667.47K

Against

Abstain

16 addresses

667.47K votes

allthecolors

120.67K

Mosaico

60K

FranklinDAO

60K

Arana Digital

60K

Tané

60K

Wintermute Governance

60K

Sun Nov 1, 03:36 am

Published onchain

0x7B3c...cc33

Mon Nov 2, 11:33 pm

Voting period started

Thu Nov 5, 05:26 pm

Voting period ended

Thu Nov 5, 06:47 pm

Proposal queued

Execute proposal

tBTC Risk Parameter Update: L2 Supply Caps and Borrow Collateral Factors

Result details

Final Votes

Proposal

Summary

Changes

Final Votes

Final Votes

Status