The Compound community proposed a proposal to “increase the WETH supply cap in the USDC Comet market”
When Compound III launches on the Comet USDC version 3 market, supply will be capped at 75,000 WETH ($97 million). Data from the Comet dashboard shows supply is just 14 WETH ($18,000) away from hitting the cap. If Lei’s proposal is passed, the cap will increase to 150,000 WETH ($194 million).