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Change Supply Cap

The supply cap dictates the total funds deposited into a specific market. Once this cap is reached, any additional deposits are redirected to other markets within the vault, as governed by the Supply Queue.

Changing supply cap can either be:

  • Increase to cap: time-locked action that can be vetoed; requires manual execution.
  • Decreases to cap: not time-locked; executed automatically.

1. Go to the 'Cap Management' page

Go the your vault's 'Cap Management' page.

Cap Management page

It should look something like this.

2. Input a new Cap

In the market you'd like to change, input a new cap amount.

Input New Cap

Click 'Confirm' to initiate the cap change.

3. Execute Transaction

info

This step only applies to increases to caps. If you are decreasing caps, the change will be executed automatically.

Only increasing a cap requires a time-lock. Decreases to caps are applied automatically so this step will not be necessary. In the example above, we are increasing the cap which requires a time-lock.

Change cap pending

Once this has elapsed, click 'Accept' and the cap change will be applied.

Change cap new

You will now be able to allocate liquidity up to your new cap.