Wu said that the Compound governance page shows that Proposal 260 has been voted through by the community and is expected to be implemented within three days. The proposal shows that Gauntlet proposes to update the following risk parameters for Optimism v3 USDC comet: increase the WBTC liquidation penalty from 5% to 10%; increase the WBTC supply cap from 60 to 120; and increase the OP supply cap from 700,000 to 1.4 million.
