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Metronome Synth Mintage and Deposit Caps

Synth Mintage Caps

The mintage cap for each synth is calculated by combining the maximum mintage of all like-asset collaterals associated with the synthetic asset in question. However, it is important to note that the actual cap may be lower during the initial ramp up phase and is subject to the discretion of the Metronome maintainers. The actual cap will be influenced by open market liquidity.
The formula for determining msUSD mintage cap for example would be as follows:
Max msUSD = (USDC deposit cap * CF) + (FRAX deposit cap * CF) + (DAI deposit cap * CF) + (vaUSDC deposit cap * CF) + (vaFRAX deposit cap * CF)

Deposit Caps

Deposit caps restrict the amount of any one collateral that can be deposited on the Metronome Synth application. These numbers are expected to increase over time.
Asset
Deposit Caps
USDC
10,000,000
DAI
10,000,000
FRAX
9,000,000
ETH
4,286
WBTC
311
vaFRAX
7,000,000
vaUSDC
8,000,000
sfrxETH
3,333
vaETH
3,190
vastETH
2,857
varETH
2,381
vacbETH
2,381