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0x45d7…4925

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0x45d79e45…4925sent to0x4d80f679…ef4b·#24,545,081·0xc61750ae…ea8d47
# [Gauntlet] Recommendations for Low Utilization Assets - Mainnet (2026-01-23) # Simple Summary Gauntlet recommends the following supply cap adjustments to the protocol: ## Supply Cap Recommendations | Comet | Asset | Supply Cap | | --------------- | ------ | --------------- | | Ethereum USDC | rsETH | 1,500 → 750 | | Ethereum USDS | SKY | 96M → 48M | | Ethereum USDS | tBTC | 285 → 142 | | Ethereum USDS | weETH | 12,000 → 6,000 | | Ethereum USDS | USDe | 50M → 25M | | Ethereum USDT | mETH | 4,000 → 2,000 | | Ethereum WETH | rswETH | 1,000 → 500 | | Ethereum WETH | cbBTC | 150 → 75 | | Ethereum WETH | tBTC | 315 → 157 | | Ethereum WETH | osETH | 10,000 → 5,000 | | Ethereum WETH | pufETH | 4,500 → 2,250 | | Ethereum WETH | ETHx | 2,100 → 1,050 | | Ethereum WETH | rETH | 30,000 → 15,000 | | Ethereum WETH | cbETH | 10,000 → 5,000 | | Ethereum wstETH | tETH | 5,000 → 2,500 | | Ethereum wstETH | ezETH | 15,000 → 7,500 | | Ethereum wstETH | weETH | 10,000 → 5,000 | # Motivation Full proposal and forum discussions can be found in the following post. * [\[Gauntlet\] Recommendations for Low Utilization Assets - Mainnet (2026-01-23)](https://www.comp.xyz/t/gauntlet-recommendations-for-low-utilization-assets-mainnet-2026-01-23/7561?u=gauntlet "[Gauntlet] Recommendations for Low Utilization Assets - Mainnet (2026-01-23)") # Specification The proposal updates the parameters by using the respective methods on the Configurator. By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.xyz/tos
0x45d79e45…4925sent to0x7b3c54e1…cc33·#24,545,042·0x1c6d777f…efb8a0
setBaseTrackingSupplySpeed(address,uint64)setBaseTrackingBorrowSpeed(address,uint64)deployAndUpgradeTo(address,address)setBaseTrackingSupplySpeed(address,uint64)setBaseTrackingBorrowSpeed(address,uint64)deployAndUpgradeTo(address,address)setBaseTrackingSupplySpeed(address,uint64)setBaseTrackingBorrowSpeed(address,uint64)deployAndUpgradeTo(address,address)setBaseTrackingSupplySpeed(address,uint64)setBaseTrackingBorrowSpeed(address,uint64)deployAndUpgradeTo(address,address)setBaseTrackingSupplySpeed(address,uint64)setBaseTrackingBorrowSpeed(address,uint64)deployAndUpgradeTo(address,address)setBaseTrackingSupplySpeed(address,uint64)setBaseTrackingBorrowSpeed(address,uint64)deployAndUpgradeTo(address,address)setBaseTrackingSupplySpeed(address,uint64)setBaseTrackingBorrowSpeed(address,uint64)deployAndUpgradeTo(address,address)setBaseTrackingSupplySpeed(address,uint64)setBaseTrackingBorrowSpeed(address,uint64)deployAndUpgradeTo(address,address)# [Gauntlet] Incentive Optimization Recommendations (Arbitrum, Base, and Mantle) # Simple Summary Gauntlet recommends the following adjustments to COMP incentives across comets. These adjustments are part of a larger strategic realignment to focus incentives on Mainnet comets. Gauntlet will provide a follow-up proposal in the following weeks proposing an optimal reallocation of these incentives across Mainnet comets. | Comet | Daily Borrow Incentive(in COMP) | Daily Supply Incentive(in COMP) | | -------------------- | ------------------------------- | ------------------------------- | | Arbitrum USDC Native | 10 → 0 | 14 →0 | | Arbitrum USDT | 11 → 0 | 11 → 0 | | Arbitrum WETH | 2 → 0 | 1 → 0 | | Base AERO | 4 → 0 | 1 → 0 | | Base USDC | 4 → 0 | 9 → 0 | | Base USDS | 9 → 0 | 15 → 0 | | Base WETH | 2 → 0 | 2 → 0 | | Mantle USDe | 4 → 0 | 4 → 0 | # Motivation Full proposal and forum discussions can be found in the following post. * [\[Gauntlet\] Incentive Optimization Recommendations (2026-02-22)](https://www.comp.xyz/t/gauntlet-incentive-optimization-recommendations-2026-02-22/7656?u=gauntlet) # Specification The proposal updates the parameters by using the respective methods on the Configurator. By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.xyz/tos
0x45d79e45…4925sent to0x4d80f679…ef4b·#24,492,149·0x764b8047…0e58d3
updateAssetSupplyCap(address,address,uint128)updateAssetSupplyCap(address,address,uint128)setBorrowKink(address,uint64)setBorrowPerYearInterestRateBase(address,uint64)setBorrowPerYearInterestRateSlopeLow(address,uint64)setSupplyKink(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)# [Gauntlet] Deprecating the Scroll USDC Comet # Simple Summary Gauntlet recommends the following supply cap and interest rate recommendations to the protocol: ## Supply Caps | Comet | Asset | Supply Cap | | ----------- | ------ | ---------- | | Scroll USDC | WETH | 60→0 | | Scroll USDC | wstETH | 4→0 | ## Interest Rate Curve Parameters ### Scroll USDC | **Parameter** | **Current Value** | **Recommended Value** | | -------------------------------------- | ----------------- | --------------------- | | Annual Borrow Interest Rate Base | 0.015 | 0.1 | | Annual Borrow Interest Rate Slope Low | 0.0944444 | 0.0 | | Borrow Kink | 0.9 | 0.85 | | Annual Borrow Interest Rate Slope High | 3.6 | 3.6 | | Annual Supply Interest Rate Base | 0.0 | 0.0 | | Annual Supply Interest Rate Slope Low | 0.036 | 0.09839 | | Supply Kink | 0.9 | 0.85 | | Annual Supply Interest Rate Slope High | 3.196 | 3.21769 | # Motivation Full proposal and forum discussions can be found in the following post. * [\[Gauntlet\] Deprecating the Scroll USDC Comet](https://www.comp.xyz/t/gauntlet-deprecating-the-scroll-usdc-comet/7599?u=gauntlet "[Gauntlet] Deprecating the Scroll USDC Comet") # Specification The proposal updates the parameters by using the respective methods on the Configurator. By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.xyz/tos
0x45d79e45…4925sent to0x683a4f99…6c02·#24,492,079·0xb0ddcf73…613be0
# [Gauntlet] Rewards Contract Top-up for Ethereum # Simple Summary Gauntlet recommends adding additional COMP to the Ethereum reward contract. * Ethereum: 4000 COMP # Motivation Full proposal and forum discussions can be found in the following post. * [\[Gauntlet\] Rewards Contract Top-Up for Ethereum (2026-02-18)](https://www.comp.xyz/t/gauntlet-rewards-contract-top-up-for-ethereum-2026-02-18/7647?u=gauntlet "[Gauntlet] Rewards Contract Top-Up for Ethereum (2026-02-18)") # Specification The proposal updates the parameters by using the respective methods on the Configurator. By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.xyz/tos
0x45d79e45…4925sent to0x7b3c54e1…cc33·#24,398,357·0x2da9d0ba…c56598
updateAssetSupplyCap(address,address,uint128)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)# [Gauntlet] Recommendations for Low Utilization Assets - Base # Simple Summary Gauntlet recommends the following supply cap adjustments to the protocol: ## Supply Cap Recommendations | Status | Comet | Asset | Supply Cap | | ------------ | ------------- | --------- | ---------- | | Current | Base WETH | weETH | 15000 | | **Proposed** | **Base WETH** | **weETH** | **7500** | | Current | Base WETH | ezETH | 2000 | | **Proposed** | **Base WETH** | **ezETH** | **1000** | # Motivation Full proposal and forum discussions can be found in the following post. * [\[Gauntlet\] Recommendations for Low Utilization Assets - Base](https://www.comp.xyz/t/gauntlet-recommendations-for-low-utilization-assets-base/7554 "[Gauntlet] Recommendations for Low Utilization Assets - Base") # Specification The proposal updates the parameters by using the respective methods on the Configurator. By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.xyz/tos
0x45d79e45…4925sent to0x4d80f679…ef4b·#24,398,355·0x8404d47b…35af0a
updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)updateAssetSupplyCap(address,address,uint128)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)updateAssetSupplyCap(address,address,uint128)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)updateAssetSupplyCap(address,address,uint128)updateAssetSupplyCap(address,address,uint128)updateAssetSupplyCap(address,address,uint128)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)# [Gauntlet] Recommendations for Low Utilization Assets - Arbitrum (2026-01-22) # Simple Summary Gauntlet recommends the following supply cap adjustments to the protocol: ## Supply Cap Recommendations | Comet | Asset | Supply Cap | | --------------- | ----- | ----------- | | Arbitrum USDC | tBTC | 80→40 | | Arbitrum USDC.e | ARB | 4M→2M | | Arbitrum USDC.e | GMX | 50K→25K | | Arbitrum USDT | tETH | 50→25 | | Arbitrum USDT | GMX | 100K→50K | | Arbitrum WETH | tETH | 50→25 | | Arbitrum WETH | USDC | 30M→15M | | Arbitrum WETH | WBTC | 1000→500 | | Arbitrum WETH | rETH | 7,500→3,750 | # Motivation Full proposal and forum discussions can be found in the following post. * [\[Gauntlet\] Recommendations for Low Utilization Assets - Arbitrum (2026-01-22)](https://www.comp.xyz/t/gauntlet-recommendations-for-low-utilization-assets-arbitrum-2026-01-22/7556 "[Gauntlet] Recommendations for Low Utilization Assets - Arbitrum (2026-01-22)") # Specification The proposal updates the parameters by using the respective methods on the Configurator. By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.xyz/tos
0x45d79e45…4925sent to0x683a4f99…6c02·#24,278,702·0x9f847f70…d059fb
# [Gauntlet] Rewards Contract Top-Up for Arbitrum and Unichain # Simple Summary Gauntlet recommends adding additional COMP to the Base and Unichain reward contracts. * Base: 1012 COMP * Unichain: 396 COMP # Motivation Full proposal and forum discussions can be found in the following post. * [\[Gauntlet\] Rewards Contract Top-Up for Base and Unichain](https://www.comp.xyz/t/gauntlet-rewards-contract-top-up-for-base-and-unichain/7548 "[Gauntlet] Rewards Contract Top-Up for Base and Unichain") # Specification The proposal updates the parameters by using the respective methods on the Configurator. By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.xyz/tos
0x45d79e45…4925sent to0x683a4f99…6c02·#23,586,948·0xaf96ea26…90c85e
# [Gauntlet] Compound V2 Deprecation ## Simple Summary This proposal pauses new mints, borrows across all Compound V2 markets, and sets every market’s Reserve Factor to 100%, directing all future interest to protocol reserves. Repayments, withdrawals, transfers, and liquidations remain available; users are encouraged to migrate activity to Compound V3. ### Compound V2 Deprecation Proposal The following configuration changes will be executed via the Configurator: Pause mints and borrows for all Compound V2 markets. Increase Reserve Factors for all assets to 100%. No changes to repayment, withdrawal, or transfer functionality.  Note: Many V2 markets have already been paused. Markets that need to be paused are listed below (False → True). | Asset | Mint Paused? | Borrow Paused? | Reserve Factor | | ----- | ------------ | -------------- | -------------- | | AAVE | True | False → True | 50%→100% | | BAT | True | False → True | 50% → 100% | | COMP | True | True | 50%→100% | | DAI | False→True | False→True | 15%→100% | | ETH | False→True | False→True | 20%→100% | | LINK | True | False→True | 50%→100% | | MKR | True | False→True | 50%→100% | | SUSHI | True | False→True | 50%→100% | | TUSD | False→True | False→True | 7.5%→100% | | UNI | True | False→True | 50%→100% | | USDC | False→True | False→True | 25%→100% | | USDP | False→True | False→True | 25%→100% | | USDT | False→True | False→True | 15%→100% | | WBTC2 | False→True | False→True | 30%→100% | | YFI | True | False→True | 50%→100% | | ZRX | True | False→True | 50%→100% | ### Motivation Compound V3 has been in production for nearly three years and now represents the majority of usage and fees across all Compound deployments. Maintaining V2 creates unnecessary operational and security risks for the DAO and users while diverting resources from maintaining and upgrading V3. For background, discussion, and context, see the forum post thread & Snapshot Vote: * [\[Gauntlet\] Compound V2 Deprecation Proposal Forum Thread](https://www.comp.xyz/t/gauntlet-compound-v2-deprecation-proposal/7237) * [\[Temperature Check\] Compound V2 Deprecation](https://snapshot.box/#/s:comp-vote.eth/proposal/0x77f768e7b141f3142f242e280d2ba4451a1b9517d54892ab6b918b7061fd225d) ### Legal Notice By approving this proposal, you acknowledge that any services provided by Gauntlet are governed by the terms available at [gauntlet.xyz/tos](https://gauntlet.xyz/tos).
0x45d79e45…4925sent to0x683a4f99…6c02·#23,527,241·0x2715ba6b…15e59d
updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetLiquidationFactor(address,address,uint64)updateAssetSupplyCap(address,address,uint128)updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetLiquidationFactor(address,address,uint64)updateAssetSupplyCap(address,address,uint128)setBorrowPerYearInterestRateSlopeLow(address,uint64)deployAndUpgradeTo(address,address)# [Gauntlet] Ethereum Top-up and Scroll USDC Risk Parameter Recommendations V1 # Simple Summary ## Rewards Contract Top-Up for Ethereum | Chain | Reward Amount | | -------- | ------------- | | Ethereum | 28,125 | ## Recommendations for WETH and wstETH on Scroll USDC Comet | Status | Comet | Borrow Rate Slope Low | | -------- | ----------- | --------------------- | | Current | Scroll USDC | 0.027777999977136 | | Proposed | Scroll USDC | 0.0944444445 | | Status | Comet | Collateral | Supply Cap | Collateral Factor(CF) | Liquidation Penalty(LP) | | -------- | ----------- | ---------- | ---------- | --------------------- | ----------------------- | | Current | Scroll USDC | WETH | 4,000 | 80% | 10% | | Proposed | Scroll USDC | WETH | 60 | 40% | 20% | | Current | Scroll USDC | wstETH | 1,000 | 75% | 15% | | Proposed | Scroll USDC | wstETH | 4 | 32% | 30% | ## Motivation Full proposals and forum discussions can be found in the following posts. * [\[Gauntlet\] Rewards Contract Top-Up for Ethereum](https://www.comp.xyz/t/gauntlet-rewards-contract-top-up-for-ethereum/7223) * [\[Gauntlet\] Recommendations for WETH and wstETH on Scroll USDC Comet](https://www.comp.xyz/t/gauntlet-recommendations-for-weth-and-wsteth-on-scroll-usdc-comet/7231) ## Specification The proposal updates the parameters by using the respective methods on the Configurator. By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.xyz/tos
0x45d79e45…4925sent to0x683a4f99…6c02·#23,499,021·0x27a2196c…19c106
updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetLiquidationFactor(address,address,uint64)updateAssetSupplyCap(address,address,uint128)updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetLiquidationFactor(address,address,uint64)updateAssetSupplyCap(address,address,uint128)setBorrowPerYearInterestRateSlopeLow(address,uint64)deployAndUpgradeTo(address,address)# [Gauntlet] Ethereum Top-up and Scroll USDC Risk Parameter Recommendations V2 # Simple Summary ## Rewards Contract Top-Up for Ethereum | Chain | Reward Amount | | -------- | ------------- | | Ethereum | 28,125 | ## Recommendations for WETH and wstETH on Scroll USDC Comet | Status | Comet | Borrow Rate Slope Low | | -------- | ----------- | --------------------- | | Current | Scroll USDC | 0.027777999977136 | | Proposed | Scroll USDC | 0.0944444445 | | Status | Comet | Collateral | Supply Cap | Collateral Factor(CF) | Liquidation Penalty(LP) | | -------- | ----------- | ---------- | ---------- | --------------------- | ----------------------- | | Current | Scroll USDC | WETH | 4,000 | 80% | 10% | | Proposed | Scroll USDC | WETH | 60 | 40% | 20% | | Current | Scroll USDC | wstETH | 1,000 | 75% | 15% | | Proposed | Scroll USDC | wstETH | 4 | 32% | 30% | ## Motivation Full proposals and forum discussions can be found in the following posts. * [\[Gauntlet\] Rewards Contract Top-Up for Ethereum](https://www.comp.xyz/t/gauntlet-rewards-contract-top-up-for-ethereum/7223) * [\[Gauntlet\] Recommendations for WETH and wstETH on Scroll USDC Comet](https://www.comp.xyz/t/gauntlet-recommendations-for-weth-and-wsteth-on-scroll-usdc-comet/7231) ## Specification The proposal updates the parameters by using the respective methods on the Configurator. By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.xyz/tos
0x45d79e45…4925sent to0x7b3c54e1…cc33·#23,328,794·0xd591e815…2f0557
# [Gauntlet] Supply Cap & COMP Incentive Recommendations # Simple Summary ## Supply Cap Recommendations for tETH on Mainnet WETH and wstETH Comets | Status | Comet | Asset | Supply Cap | | --- | --- | --- | --- | | Current | Mainnet wstETH | tETH | 10,000 | | **Proposed** | Mainnet wstETH | tETH | 5,000 | | Current | Mainnet WETH | tETH | 10,000 | | **Proposed** | Mainnet WETH | tETH | 5,000 | ## Supply Cap Recommendations for cbBTC on Base USDS | Status | Comet | Asset | Supply Cap | | --- | --- | --- | --- | | Current | Base USDS | cbBTC | 0 | | **Proposed** | Base USDS | cbBTC | 450 | ## [Gauntlet] Recommendations for Base USDS Incentives | Status | Comet | Daily COMP Supply Rewards | | ------------ | --------- | ------------------------- | | Current | Base USDS | 24 | | **Proposed** | Base USDS | 20 | ## Motivation Full proposals and forum discussions can be found in the following posts. * [[Gauntlet] Supply Cap Recommendations for tETH on Mainnet WETH and wstETH Comets](https://www.comp.xyz/t/gauntlet-supply-cap-recommendations-for-teth-on-mainnet-weth-and-wsteth-comets/7157) * [[Gauntlet] Supply Cap Recommendations for cbBTC on Base USDS](https://www.comp.xyz/t/gauntlet-supply-cap-recommendations-for-cbbtc-on-base-usds/7158) * [[Gauntlet] Recommendations for Base USDS Incentives](https://www.comp.xyz/t/gauntlet-recommendations-for-base-usds-incentives/7185) ## Specification The proposal updates the parameters by using the respective methods on the Configurator. By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.xyz/tos
0x45d79e45…4925sent to0x683a4f99…6c02·#23,233,211·0x0403ec72…a85d61
updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetLiquidateCollateralFactor(address,address,uint64)deployAndUpgradeTo(address,address)updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetLiquidateCollateralFactor(address,address,uint64)deployAndUpgradeTo(address,address)setBaseTrackingSupplySpeed(address,uint64)setBaseTrackingBorrowSpeed(address,uint64)deployAndUpgradeTo(address,address)setBaseTrackingSupplySpeed(address,uint64)setBaseTrackingBorrowSpeed(address,uint64)deployAndUpgradeTo(address,address)# [Gauntlet] Risk Parameter Recommendations ## Simply Summary ### Base AERO Incentive Recommendations | Status | Comet | Daily COMP Supply Rewards | Daily COMP Borrow Rewards | | -------- | --------- | ------------------------- | ------------------------- | | Current | Base AERO | 5 | 10 | | Proposed | Base AERO | 3 | 8 | ### Parameter Recommendations for sUSDS on Mainnet USDS | Status | Comet | Collateral Factor (CF) | Liquidation Factor (LF) | Liquidation Penalty (LP) | | ------- | ----- | ---------------------- | ----------------------- | ------------------------ | | Current | Mainnet USDS | 88% | 92% | 4% | | Proposed| Mainnet USDS | 90% | 94% | 4% | ### stMATIC Deprecation on Polygon USDT & USDC.e Comets | Status | Comet | Collateral Factor (CF) | Liquidation Factor (LF) | | -------- | ------------ | ---------------------- | ----------------------- | | Current | Polygon USDT | 60% | 70% | | Proposed | Polygon USDT | 0% | 0.01% | | Current | Polygon USDC.e | 60% | 65% | | Proposed | Polygon USDC.e | 0% | 0.01% | ### WETH Incentive Recommendations across Comets | Status | Comet | Daily COMP Supply Rewards | Supply Incentive APY | Daily COMP Borrow Rewards | Borrow Incentive APY | | -------- | --------------- | ------------------------- | -------------------- | ------------------------- | -------------------- | | Current | Ethereum wstETH | 3 | 0.18% | 3 | 1.52% | | Proposed | Ethereum wstETH | 0 | 0% | 3 | 1.52% | | Current | Ethereum WETH | 20 | 0.19% | 20 | 0.21% | | Proposed | Ethereum WETH | 10 | 0.095% | 20 | 0.21% | | Current | Optimism WETH | 3 | 0.59% | 3 | 0.67% | | Proposed | Optimism WETH | 1 | 0.20% | 1 | 0.22% | ## Motivation Full proposal and forum discussions can be found in the following post. - [Base AERO Incentive Recommendations](https://www.comp.xyz/t/gauntlet-recommendations-for-v3-base-aero-incentive-optimization/7078) - [Parameter Recommendations for sUSDS on Mainnet USDS](https://www.comp.xyz/t/gauntlet-parameter-recommendations-for-susds-on-mainnet-usds-comet/7079) - [stMATIC Deprecation on Polygon USDT & USDC.e Comets](https://www.comp.xyz/t/gauntlet-depreciating-stmatic-on-polygon-usdt-and-usdc-e-comets/7083) - [WETH Incentive Recommendations across Comets](https://www.comp.xyz/t/gauntlet-recommendations-for-weth-incentives-across-comets/7128) ## Specification The proposal updates the parameters by using the respective methods on the Configurator. By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.xyz/tos
0x45d79e45…4925sent to0x683a4f99…6c02·#23,136,183·0xb2b83486…24e2dc
# [Gauntlet] Rewards Contract Top-Up for Arbitrum, Base, and Optimism (8/7/25) # Simple Summary Gauntlet recommends adding additional COMP to the Arbitrum, Base, Optimism, and Ethereum reward contracts. | Chain | Reward Amount | | --- | --- | | Arbitrum | 6,570 | | Base | 6,750 | | Optimism | 2,025 | ### Analysis Below is the projected runway in each chain’s rewards contract. | Chain | Rewards contract COMP token holdings | Current Daily COMP token reward distributions | Remaining days of runway (not including existing claimable rewards) | | --- | --- | --- | --- | | Arbitrum | 3110.29 | 73.0 | 42 | | Base | 4305.25 | 75.0 | 57 | | Optimism | 1895.24 | 22.5 | 84 | Arbitrum, Base, and Optimism currently have a runway with less than 90 days. Gauntlet recommends topping up an additional three months’ worth of incentives to the listed networks. ### Next Steps - We welcome community feedback.
0x45d79e45…4925sent to0x683a4f99…6c02·#22,882,896·0xcb4ef0f2…e93768
updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetLiquidateCollateralFactor(address,address,uint64)updateAssetLiquidationFactor(address,address,uint64)updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetLiquidateCollateralFactor(address,address,uint64)deployAndUpgradeTo(address,address)updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetLiquidateCollateralFactor(address,address,uint64)updateAssetLiquidationFactor(address,address,uint64)updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetLiquidateCollateralFactor(address,address,uint64)deployAndUpgradeTo(address,address)updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetLiquidateCollateralFactor(address,address,uint64)updateAssetLiquidationFactor(address,address,uint64)updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetLiquidateCollateralFactor(address,address,uint64)deployAndUpgradeTo(address,address)# [Gauntlet] - ezETH, tETH, and rsETH Risk Recommendations ## Simple Summary Gauntlet would like to recommended changes to the Collateral Factors, Liquidation Factors and Liquidation Penalties for ezETH, tETH and rsETH across all WETH and wstETH comets they are deployed on except for the recommendations for Unichain, which will be in a seperate proposal. ### Risk Parameters **WETH Comet** | Asset | Current Collateral Factor | Recommended Collateral Factor | Current Liquidation Factor | Recommended Liquidation Factor | Current Liquidation Penalty | Recommended Liquidation Penalty |Chain | |--------|--------------------|--------------------|---------------------|------------------|------|------|-----| | ezETH | 88% | 90% | 91% | 93% | 6% | 4% | Ethereum | | ezETH | 88% | 90% | 91% | 93% | 6% | 4% | Arbitrum | | ezETH | 88% | 90% | 91% | 93% | 6% | 4% | Base | | ezETH | 88% | 90% | 91% | 93% | 6% | 4% | Optimism | | tETH | 88% | 90% | 91% | 93% | 4% | 4% | Ethereum | | rsETH | 88% | 90% | 91% | 93% | 4% | 4% | Ethereum | | rsETH | 88% | 90% | 91% | 93% | 4% | 4% | Arbitrum | | rsETH | 88% | 90% | 91% | 93% | 4% | 4% | Base | | rsETH | 88% | 90% | 91% | 93% | 4% | 4% | Optimism | **wstETH Comet** | Asset | Current Collateral Factor | Recommended Collateral Factor | Current Liquidation Factor | Recommended Liquidation Factor | Current Liquidation Penalty | Recommended Liquidation Penalty |Chain | |--------|--------------------|--------------------|---------------------|------------------|------|------|-----| | ezETH | 88% | 90% | 91% | 93% | 6% | 4% | Ethereum | | tETH | 88% | 90% | 91% | 93% | 4% | 4% | Ethereum | | rsETH | 88% | 90% | 91% | 93% | 4% | 4% | Ethereum | ### Motivation This recommendation aims to review and adjust Collateral Factors, Liquidation Factors and Liquidation Penalties for ezETH, rsETH and tETH. - Full proposal can be found for [here](https://www.comp.xyz/t/gauntlet-ezeth-teth-and-rseth-risk-recommendations/6842?u=gauntlet) ### Specification The proposal updates the parameters by using the respective methods on the Configurator. *By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.network/tos*
0x45d79e45…4925sent to0x683a4f99…6c02·#22,729,578·0x6c0deeb7…9ccbb3
setBaseTrackingSupplySpeed(address,uint64)deployAndUpgradeTo(address,address)setBaseTrackingSupplySpeed(address,uint64)deployAndUpgradeTo(address,address)setBaseTrackingSupplySpeed(address,uint64)setBaseTrackingBorrowSpeed(address,uint64)deployAndUpgradeTo(address,address)# [Gauntlet] - COMP Rewards Recommendation (Part-2) ### Summary Gauntlet would like to recommend adjustments to COMP rewards for both supply and borrow side across comets mentioned below. | Comet | Current COMP Supply Rewards | Recommended COMP Supply Rewards | Current COMP Borrow Rewards | Recommended COMP Borrow Rewards | | ------| -----------------|----------------------|---------|--------| | Mainnet WETH | 35 | 20 | 20 |No Change | | Mainnet wstETH | 6 | 3 | 4 | 3 | | Optimism WETH | 5 | 3 | 5 | No Change | | Base WETH | 3 | 2 | 3 | 2 | | Arbitrum WETH | 6 | 3 | 5 | No Change | # Motivation This recommendation aims to adjust COMP rewards for various assets across multiple Comets. Gauntlet recommends to adjust COMP rewards to aide optimal utilization and lower COMP burn. Full proposal and forum discussions can be found in the following posts: * [[Gauntlet] - COMP Rewards Recommendations (Part - 2)](https://www.comp.xyz/t/gauntlet-comp-rewards-recommendation-part-2/6878?u=gauntlet) # Specification The proposal updates the parameters by using the respective methods on the Configurator. ***By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.network/tos***
0x45d79e45…4925sent to0x7b3c54e1…cc33·#22,684,144·0x1e8db525…eb63bc
updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)# [Gauntlet] - Supply Cap Recommendations (6/10/25) ## Simple Summary Gauntlet recommends the following risk recommendations to the protocol: * Increase Mainnet V3 wstETH Comet's tETH Supply cap from 5,000 to 10,000 * Increase Mainnet V3 USDT Comet’s sFRAX Supply Cap from 40M to 50M * Increase Mainnet V3 WETH Comet’s cbBTC Supply Cap from 93 to 150 * Increase Optimism V3 USDT Comet’s wstETH Supply Cap from 800 to 1300 * Increase Optimism V3 USDC Comet’s WBTC Supply Cap from 100 to 130 ### Motivation See full analysis below: - tETH on wstETH, wstETH on USDT comet recommendation - [[Gauntlet] - Supply Cap Recommendations](https://www.comp.xyz/t/gauntlet-supply-cap-recommendation-proposals/5886/31?u=gauntlet) - sFRAX, cbBTC, WBTC recommendations - [[Gauntlet] - Supply Cap Recommendations](https://www.comp.xyz/t/gauntlet-supply-cap-recommendation-proposals/5886/32?u=gauntlet) ### Specification The proposal updates the parameters by using the respective methods on the Configurator. ***By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.network/tos***
0x45d79e45…4925sent to0x7b3c54e1…cc33·#22,669,655·0xf51abbf4…227958
updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)# [Gauntlet] - Supply Cap Recommendations ## Simple Summary Gauntlet recommends the following risk recommendations to the protocol: * Increase Mainnet V3 WETH Comet's tETH Supply cap from 4000 to 10,000 * Increase Mainnet V3 USDT Comet’s sFRAX Supply Cap from 40M to 50M * Increase Mainnet V3 WETH Comet’s cbBTC Supply Cap from 93 to 150 * Increase Optimism V3 USDT Comet’s wstETH Supply Cap from 800 to 1300 * Increase Optimism V3 USDC Comet’s WBTC Supply Cap from 100 to 130 ### Motivation See full analysis below: - tETH on wstETH, wstETH on USDT comet recommendation - [[Gauntlet] - Supply Cap Recommendations](https://www.comp.xyz/t/gauntlet-supply-cap-recommendation-proposals/5886/31?u=gauntlet) - sFRAX, cbBTC, WBTC recommendations - [[Gauntlet] - Supply Cap Recommendations](https://www.comp.xyz/t/gauntlet-supply-cap-recommendation-proposals/5886/32?u=gauntlet) ### Specification The proposal updates the parameters by using the respective methods on the Configurator. ***By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.network/tos***
0x45d79e45…4925sent to0x7b3c54e1…cc33·#22,576,720·0x2ef9de7c…b21d4d
updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)# [Gauntlet] - Supply Cap Recommendations ## Simple Summary Gauntlet recommends the following risk recommendations to the protocol: * Increase Mainnet V3 WETH Comet's tETH Supply cap from 4000 to 10,000 * Increase Mainnet V3 wstETH Comet's tETH Supply cap from 5000 to 10,000 * Increase Mainnet V3 USDT Comet’s sFRAX Supply Cap from 40M to 50M * Increase Mainnet V3 WETH Comet’s cbBTC Supply Cap from 93 to 150 * Increase Optimism V3 USDT Comet’s wstETH Supply Cap from 800 to 1300 * Increase Optimism V3 USDC Comet’s WBTC Supply Cap from 100 to 130 ### Motivation See full analysis below: - tETH on WETH comet recommendation - [[Gauntlet] - Supply Cap Recommendations](https://www.comp.xyz/t/gauntlet-supply-cap-recommendation-proposals/5886/29?u=gauntlet) - tETH on wstETH, wstETH on USDT comet recommendation - [[Gauntlet] - Supply Cap Recommendations](https://www.comp.xyz/t/gauntlet-supply-cap-recommendation-proposals/5886/31?u=gauntlet) - sFRAX, cbBTC, WBTC recommendations - [[Gauntlet] - Supply Cap Recommendations](https://www.comp.xyz/t/gauntlet-supply-cap-recommendation-proposals/5886/32?u=gauntlet) ### Specification The proposal updates the parameters by using the respective methods on the Configurator. ***By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.network/tos***
0x45d79e45…4925sent to0x7b3c54e1…cc33·#22,384,736·0x9adf81a6…a388e2
setBorrowPerYearInterestRateSlopeLow(address,uint64)setBorrowPerYearInterestRateSlopeHigh(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)setBorrowPerYearInterestRateSlopeLow(address,uint64)setBorrowPerYearInterestRateSlopeHigh(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)setBorrowPerYearInterestRateSlopeLow(address,uint64)setBorrowPerYearInterestRateSlopeHigh(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)setBorrowPerYearInterestRateSlopeLow(address,uint64)setBorrowPerYearInterestRateSlopeHigh(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)setBorrowPerYearInterestRateSlopeLow(address,uint64)setBorrowPerYearInterestRateSlopeHigh(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)setBorrowPerYearInterestRateSlopeLow(address,uint64)setBorrowPerYearInterestRateSlopeHigh(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)setBorrowPerYearInterestRateSlopeLow(address,uint64)setBorrowPerYearInterestRateSlopeHigh(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)setBorrowPerYearInterestRateSlopeLow(address,uint64)setBorrowPerYearInterestRateSlopeHigh(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)# [Gauntlet] - Stablecoin IR curve recommendations (4/21/25) ### Summary Gauntlet proposes updating the Interest Rate (IR) curves for all Stablecoin Comets to further align with prevailing market rates. Specifically, we recommend decreasing the borrow APR at the kink from 5.25% to 4% for Stablecoin Comets. ### Specification Given the persistent decrease in utilization observed across all stablecoin comets and additional step-wise reductions of SSR from 6.5% to 4.5%, Gauntlet recommends the below IR curve recommendations for all stablecoin comets. The recommended curves are for the following comets: | Comet | | ----------------- | | Ethereum USDC | | Ethereum USDT | | Ethereum USDS | | Arbitrum USDC Native | | Arbitrum USDT | | Base USDC Native | | Optimism USDT | | Optimism USDC | | Polygon USDC | | Polygon USDT | | Scroll USDC | | Parameter | Current Value | Recommended Value | |------------------------------------|---------------|-------------------| | Annual Borrow Interest Rate Base | 0.015 | 0.015 | | Annual Borrow Interest Rate Slope Low | 0.04166 | 0.027778 | | Borrow Kink | 0.9 | 0.9 | | Annual Borrow Interest Rate Slope High | 3.475 | 3.6 | | Annual Supply Interest Rate Base | 0 | 0 | | Annual Supply Interest Rate Slope Low | 0.04725 | 0.036 | | Supply Kink | 0.9 | 0.9 | | Annual Supply Interest Rate Slope High | 3.0947 | 3.196| # Motivation Full proposal and forum discussions can be found in the following posts. * [[Gauntlet] - Stablecoin IR curve recommendations (4/21/25)](https://www.comp.xyz/t/gauntlet-stablecoin-ir-curve-recommendations-4-21-25/6695?u=gauntlet) # Specification The proposal updates the parameters by using the respective methods on the Configurator. ***By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.network/tos***
0x45d79e45…4925sent to0x683a4f99…6c02·#22,384,678·0xe8577a2f…3105b1
# [Gauntlet] Rewards Contract Top-Up for Ethereum, Arbitrum, Base and Optimism (4/18/25) ### Simple Summary Gauntlet recommends adding additional COMP to the reward contracts of Arbitrum, Base, Ethereum and Optimism | Chain | Reward Amount | |--------------|---------------| | Arbitrum | 5,940 | | Base | 8,100 | | Optimism | 2,430 | | Ethereum | 32,220 | <!-- The current proposal aims at topping up rewards across Arbitrum, Base and Mainnet. Gauntlet will follow up with a second proposal to top-up rewards on Optimism --> ### Analysis Below is the projected runway in each chain’s rewards contract. | Chain | Rewards contract COMP token holdings | Current Daily COMP token reward distributions | Remaining days of runway (not including existing claimable rewards) | |----------|--------------------------------------|---------------------------------------|---------------------------------------------------------------------| | Polygon | 348 | 23.0 | 15 | | Optimism | 1708.5 | 27.0 | 63 | | Ethereum | 22535 | 358 | 62 | | Base | 4680 | 90.0 | 52 | | Arbitrum | 3861 | 66 | 58 | For full analysis: - [[Gauntlet] Rewards Contract Top-Up for Ethereum, Base and Optimism (4/18/25](https://www.comp.xyz/t/gauntlet-rewards-contract-top-up-for-ethereum-base-and-optimism-4-18-25/6687?u=gauntlet) ***By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.network/tos.***
0x45d79e45…4925sent to0x683a4f99…6c02·#22,284,594·0x452ffea9…a3767d
# [Gauntlet] - Supply Cap Recommendations (4/14/25) ### Simple Summary Gauntlet recommends the following risk recommendations to the protocol: - Increase Mainnet V3 USDC Comet’s wstETH Supply Cap from 50,000 to 75,000 - Increase Mainnet V3 USDT Comet’s wstETH Supply Cap from 60,000 to 75,000 - Increase Mainnet V3 USDT Comet’s WBTC Supply Cap from 1800 to 2,500 - No change for Mainnet V3 USDT Comet’s tBTC Supply Cap from 285 ### Motivation See full analysis below: - [[Gauntlet] - Supply Cap Recommendations](https://www.comp.xyz/t/gauntlet-supply-cap-recommendation-proposals/5886/28?u=gauntlet) ### Specification The proposal updates the parameters by using the respective methods on the Configurator. ***By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.network/tos***
0x45d79e45…4925sent to0x7b3c54e1…cc33·#22,284,498·0xe1bfd8bc…59e5a8
updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetLiquidateCollateralFactor(address,address,uint64)updateAssetLiquidationFactor(address,address,uint64)updateAssetSupplyCap(address,address,uint128)updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetLiquidateCollateralFactor(address,address,uint64)updateAssetLiquidationFactor(address,address,uint64)updateAssetSupplyCap(address,address,uint128)setBorrowKink(address,uint64)setBorrowPerYearInterestRateBase(address,uint64)setBorrowPerYearInterestRateSlopeLow(address,uint64)setBorrowPerYearInterestRateSlopeHigh(address,uint64)setSupplyKink(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)# [Gauntlet] - USDbC Deprecation Recommendations ### Simple Summary Gauntlet recommends updating the risk parameters and interest rate curve for the Base USDbC comet to expedite its deprecation. ### Risk Recommendations ### Asset Parameters | Asset | Parameter | Current Value | Recommended Value | |-------|------------------------|---------------|-------------------| | WETH | Supply Cap | 1100 | 0 | | | Collateral Factor | 69% | 45% | | | Liquidation Factor | 74% | 64% | | | Liquidation Penalty | 5% | 15% | | cbETH | Supply Cap | 350 | 0 | | | Collateral Factor | 65% | 45% | | | Liquidation Factor | 70% | 60% | | | Liquidation Penalty | 15% | 20% | ### Interest Rate Curve Recommendations | Parameter | Current Value | Recommended Value | |----------------------------------------|---------------|-------------------| | Annual Borrow Interest Rate Base | 0.025 | 0.05 | | Annual Borrow Interest Rate Slope Low | 0.045 | 0.035294 | | Borrow Kink | 0.9 | 0.85 | | Annual Borrow Interest Rate Slope High | 6.0 | 3.466667 | | Annual Supply Interest Rate Base | 0.0 | 0.0 | | Annual Supply Interest Rate Slope Low | 0.025 | 0.02 | | Supply Kink | 0.9 | 0.85 | | Annual Supply Interest Rate Slope High | 4.3 | 0.886667 | # Motivation Full proposal and forum discussions can be found in the following posts. * [[Gauntlet] Base USDbC Deprecation Recommendations (12/5/24)](https://www.comp.xyz/t/gauntlet-base-usdbc-deprecation-recommendations-12-5-24/6029?u=gauntlet) # Specification The proposal updates the parameters by using the respective methods on the Configurator. ***By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.network/tos***
0x45d79e45…4925sent to0x683a4f99…6c02·#22,125,802·0xc90208c4…42bb71
setBorrowPerYearInterestRateSlopeLow(address,uint64)setBorrowPerYearInterestRateSlopeHigh(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)setBorrowPerYearInterestRateSlopeLow(address,uint64)setBorrowPerYearInterestRateSlopeHigh(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)setBorrowPerYearInterestRateSlopeLow(address,uint64)setBorrowPerYearInterestRateSlopeHigh(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)setBorrowPerYearInterestRateSlopeLow(address,uint64)setBorrowPerYearInterestRateSlopeHigh(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)setBorrowPerYearInterestRateSlopeLow(address,uint64)setBorrowPerYearInterestRateSlopeHigh(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)setBorrowPerYearInterestRateSlopeLow(address,uint64)setBorrowPerYearInterestRateSlopeHigh(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)setBorrowPerYearInterestRateSlopeLow(address,uint64)setBorrowPerYearInterestRateSlopeHigh(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)setBorrowPerYearInterestRateBase(address,uint64)setBorrowPerYearInterestRateSlopeLow(address,uint64)setBorrowPerYearInterestRateSlopeHigh(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)setBorrowPerYearInterestRateSlopeLow(address,uint64)setBorrowPerYearInterestRateSlopeHigh(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)# [Gauntlet] - Interest Rate Curve Recommendations (03/25) ### Summary Gauntlet proposes updating the Interest Rate (IR) curves for all Stablecoin Comets to better align with prevailing market rates. Specifically, we recommend decreasing the borrow APR at the kink from 6% to 5% for Stablecoin Comets. The recommended curves are for the stablecoin comets: | Comet | | ----------------- | | Ethereum USDC | | Ethereum USDT | | Ethereum USDS | | Arbitrum USDC Native | | Arbitrum USDT | | Base USDC Native | | Optimism USDT | | Optimism USDC | | Polygon USDC | | Polygon USDT | | Scroll USDC | | Parameter | Current Value | Recommended Value | |------------------------------------|---------------|-------------------| | Annual Borrow Interest Rate Base | 0.015 | 0.015 | | Annual Borrow Interest Rate Slope Low | 0.05 | 0.04166 | | Borrow Kink | 0.9 | 0.9 | | Annual Borrow Interest Rate Slope High | 3.4 | 3.475 | | Annual Supply Interest Rate Base | 0 | 0 | | Annual Supply Interest Rate Slope Low | 0.054 | 0.04725 | | Supply Kink | 0.9 | 0.9 | | Annual Supply Interest Rate Slope High | 3.084 | 3.0947| For AERO comet: | Parameter | Current Value | Recommended Value | |:-----------------------------------------|----------------:|--------------------:| | Annual Borrow Interest Rate Base | 0.04 | 0.022 | | Annual Borrow Interest Rate Slope Low | 0.0706 | 0.0329 | | Borrow Kink | 0.85 | 0.85 | | Annual Borrow Interest Rate Slope High | 15 | 3.6667 | | Annual Supply Interest Rate Base | 0 | 0 | | Annual Supply Interest Rate Slope Low | 0.08 | 0.04 | | Supply Kink | 0.85 | 0.85 | |Annual Supply Interest Rate Slope High | 11 | 2.7733 | # Motivation * Gauntlet recommends updating the interest rate curve parameters across AERO and all Stablecoin comets to align with market demand. See the the full proposal and forum discussion [here](https://www.comp.xyz/t/gauntlet-interest-rate-curve-recommendations-in-stablecoin-comets-3-7-25/6442?u=gauntlet) and [here](https://www.comp.xyz/t/gauntlet-base-v3-aero-interest-rate-curve-recommendations-02-12-25/6364?u=gauntlet) # Specification The proposal updates the parameters by using the respective methods on the Configurator. ***By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.network/tos***
0x45d79e45…4925sent to0x7b3c54e1…cc33·#22,117,427·0x4d40c5df…d7e10a
updateAssetSupplyCap(address,address,uint128)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)# [Gauntlet] - Cap recommendations (03/24/25) # Summary Gauntlet recommends the following risk recommendations to the protocol: * Increase Base V3 WETH Comet’s wrsETH Supply Cap from 230 to 700. * Increase Base V3 USDC Comet’s wstETH Supply Cap from 1,400 to 3,000. * Increase Base V3 USDC Comet’s cbBTC Supply Cap from 180 to 400. * Increase Ethereum V3 USDT Comet’s LINK Supply Cap from 500,000 to 1,000,000. * Increase Ethereum V3 WETH Comet’s weETH Supply Cap from 22,500 to 67,500. * Increase Mainnet V3 USDC Comet’s wstETH Supply Cap from 40,000 to 50,000 * Increase Mainnet V3 USDT Comet’s sFRAX Supply Cap from 30M to 40M * Increase Mainnet V3 USDT Comet’s WBTC Supply Cap from 1,400 to 1,800 # Motivation This recommendation aims to increase supply caps for various assets across multiple Comets. Gauntlet recommends to increase supply caps to increase capital efficiency within the Comets. Full proposal and forum discussions can be found in the following posts. * [Jan 21](https://www.comp.xyz/t/gauntlet-supply-cap-recommendation-proposals/5886/22?u=gauntlet) * [Jan 22](https://www.comp.xyz/t/gauntlet-supply-cap-recommendation-proposals/5886/23?u=gauntlet) * [Jan 29](https://www.comp.xyz/t/gauntlet-supply-cap-recommendation-proposals/5886/24?u=gauntlet) * [Feb 3](https://www.comp.xyz/t/gauntlet-supply-cap-recommendation-proposals/5886/25?u=gauntlet) * [Feb 4](https://www.comp.xyz/t/gauntlet-supply-cap-recommendation-proposals/5886/26?u=gauntlet) * [Mar 21](https://www.comp.xyz/t/gauntlet-supply-cap-recommendation-proposals/5886/27?u=gauntlet) # Specification The proposal updates the parameters by using the respective methods on the Configurator. ***By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.network/tos***
0x45d79e45…4925sent to0x7b3c54e1…cc33·#21,683,603·0x5c65b61d…dc1dfc
sendMessageToChild(address,bytes)sendMessage(address,uint256,bytes,uint256)setBorrowPerYearInterestRateSlopeLow(address,uint64)setBorrowPerYearInterestRateSlopeHigh(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)setBorrowPerYearInterestRateSlopeLow(address,uint64)setBorrowPerYearInterestRateSlopeHigh(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)setBorrowPerYearInterestRateSlopeLow(address,uint64)setBorrowPerYearInterestRateSlopeHigh(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)# [Gauntlet] - IR Curve and Incentive Recommendations for Stablecoin and WETH Comets - Part 8 # Summary Gauntlet recommends updating the interest rate curves as well as COMP rewards for WETH and Stablecoin Comets. This proposal is Part 8 of the overarching recommendations to be implemented. In this proposal we specifically target Polygon USDC and USDT comet's IR curves along with Scroll USDC comet's IR curves. **Stablecoin Comets** The recommended curves are for the following comets: | Comet | | ----------------- | | Ethereum USDC | | Ethereum USDT | | Ethereum USDS | | Arbitrum USDC Native | | Arbitrum USDT | | Base USDC Native | | Polygon USDC | | Polygon USDT | | Optimism USDT | | Optimism USDC | | Scroll USDC | | Parameter | Current Value | Recommended Value | |------------------------------------|---------------|-------------------| | Annual Borrow Interest Rate Base | 0.015 | 0.015 | | Annual Borrow Interest Rate Slope Low | 0.0333 | 0.05 | | Borrow Kink | 0.9 | 0.9 | | Annual Borrow Interest Rate Slope High | 4 | 3.4 | | Annual Supply Interest Rate Base | 0 | 0 | | Annual Supply Interest Rate Slope Low | 0.039 | 0.054 | | Supply Kink | 0.9 | 0.9 | | Annual Supply Interest Rate Slope High | 3.6 | 3.034 | # Motivation * Gauntlet recommends updating the interest rate curve parameters across all WETH and Stablecoin comets to align with market demand. See the the [full proposal and forum discussion](https://www.comp.xyz/t/gauntlet-ir-curve-and-incentive-recommendations-for-stablecoin-and-weth-comets/6038?u=gauntlet) for more details. # Specification The proposal updates the parameters by using the respective methods on the Configurator. ***By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.network/tos***
0x45d79e45…4925sent to0x683a4f99…6c02·#21,676,366·0x2f271675…96568b
updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)# [Gauntlet] - Cap recommendations (01/21/25) # Summary Gauntlet recommends the following risk recommendations to the protocol: - Increase Ethereum V3 USDT Comet’s cbBTC Supply Cap from 500 to 1,000. - Increase Ethereum V3 USDC Comet’s tBTC Supply Cap from 285 to 570. # Motivation This recommendation aims to increase supply caps for various assets across multiple Comets. Gauntlet recommends to increase supply caps to increase capital efficiency within the Comets. Full proposal and forum discussions can be found in the following posts. * [Jan 15](https://www.comp.xyz/t/gauntlet-supply-cap-recommendation-proposals/5886/20?u=gauntlet) * [Jan 21](https://www.comp.xyz/t/gauntlet-supply-cap-recommendation-proposals/5886/22?u=gauntlet) # Specification The proposal updates the parameters by using the respective methods on the Configurator. ***By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.network/tos***
0x45d79e45…4925sent to0x7b3c54e1…cc33·#21,576,182·0xefe5ad0c…2e7625
sendMessage(address,bytes,uint32)sendMessage(address,bytes,uint32)setBaseTrackingBorrowSpeed(address,uint64)setBorrowPerYearInterestRateSlopeLow(address,uint64)setBorrowPerYearInterestRateSlopeHigh(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)setBaseTrackingBorrowSpeed(address,uint64)setBorrowPerYearInterestRateSlopeLow(address,uint64)setBorrowPerYearInterestRateSlopeHigh(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)setBaseTrackingBorrowSpeed(address,uint64)deployAndUpgradeTo(address,address)setBaseTrackingBorrowSpeed(address,uint64)deployAndUpgradeTo(address,address)# [Gauntlet] - IR Curve and Incentive Recommendations for Stablecoin and WETH Comets - Part 7 # Summary Gauntlet recommends updating the interest rate curves as well as COMP rewards for WETH and Stablecoin Comets. This proposal is Part 7 of the overarching recommendations to be implemented. In this proposal we specifically target Optimism USDC and USDT comet's IR curves along with COMP reward recommendations for Base WETH and all Optimism Comets. **Stablecoin Comets** The recommended curves are for the following comets: | Comet | | ----------------- | | Ethereum USDC | | Ethereum USDT | | Ethereum USDS | | Arbitrum USDC Native | | Arbitrum USDT | | Base USDC Native | | Polygon USDC | | Polygon USDT | | Optimism USDT | | Optimism USDC | | Scroll USDC | | Parameter | Current Value | Recommended Value | |------------------------------------|---------------|-------------------| | Annual Borrow Interest Rate Base | 0.015 | 0.015 | | Annual Borrow Interest Rate Slope Low | 0.0333 | 0.05 | | Borrow Kink | 0.9 | 0.9 | | Annual Borrow Interest Rate Slope High | 4 | 3.4 | | Annual Supply Interest Rate Base | 0 | 0 | | Annual Supply Interest Rate Slope Low | 0.039 | 0.054 | | Supply Kink | 0.9 | 0.9 | | Annual Supply Interest Rate Slope High | 3.6 | 3.034 | | Comet | Current COMP Supply Rewards | Recommended COMP Supply Rewards | Current COMP Borrow Rewards | Recommended COMP Borrow Rewards | | -----| -------| --------| -------|---------| | Ethereum WETH | 35 | No Change | 20 | 5 | | Arbitrum WETH | 6 | 10 | 15 | 5 | | Base WETH | 6 | No Change | 1 | 0 | | Optimism WETH | 4 | No Change | 3 | 0 | | Ethereum USDC | 70 | No Change | 71 | 35 | | Ethereum USDT | 70 | No Change | 50 | 25 | | Ethereum USDS | 25 | No Change | 25 | 5 | | Arbitrum USDC | 17 | 20 | 50 | 10 | | Arbitrum USDT | 7 | 15 | 35 | 10 | | Base USDC | 13 | No Change | 5 | 0 | | Polygon USDC | 8 | 0 | 3 | 0 | | Polygon USDT | 8 | 0 | 4 | 0 | | Optimism USDT | 5 | No Change | 5 | 0 | | Optimism USDC | 5 | No Change | 5 | 0 | | Scroll USDC | 6 | No Change | 2 | 0 | # Motivation This recommendation aims to increase supply caps for various assets across multiple Comets. Gauntlet recommends to increase supply caps to increase capital efficiency within the Comets. Full proposal and forum discussions can be found in the following posts. * Gauntlet recommends updating the interest rate curve parameters across all WETH and Stablecoin comets to align with market demand. See the the [full proposal and forum discussion](https://www.comp.xyz/t/gauntlet-ir-curve-and-incentive-recommendations-for-stablecoin-and-weth-comets/6038?u=gauntlet) for more details. # Specification The proposal updates the parameters by using the respective methods on the Configurator. ***By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.network/tos***
0x45d79e45…4925sent to0x4d80f679…ef4b·#21,446,052·0x4310a25e…88dc1a
updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)setBorrowPerYearInterestRateSlopeLow(address,uint64)setBorrowPerYearInterestRateSlopeHigh(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)sendMessage(address,bytes,uint32)sendMessage(address,bytes,uint32)updateAssetSupplyCap(address,address,uint128)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)setBorrowPerYearInterestRateSlopeLow(address,uint64)setBorrowPerYearInterestRateSlopeHigh(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address) # [Gauntlet] - IR Curve and Incentive Recommendations for Stablecoin and WETH Comets - Part 5 & Cap recommendations # Summary Gauntlet recommends the following risk recommendations to the protocol: 1. Increase Optimism V3 WETH Comet’s wrsETH Supply Cap from 440 to 520. 2. Increase Optimism V3 WETH Comet’s weETH Supply Cap from 600 to 800. 3. Increase Mainnet V3 USDC Comet’s cbBTC Supply Cap from 180 to 650. 4. Increase Base V3 WETH Comet’s weETH Supply Cap from 4,200 to 15,000. Along with the above Gauntlet recommends updating the interest rate curves as well as COMP rewards for WETH and Stablecoin Comets. This proposal is Part 5 of the overarching recommendations to be implemented. In this proposal we specifically target Mainnet USDS and Base USDC comet's IR curves. **Stablecoin Comets** | Comet | | ----------------- | | Ethereum USDC | | Ethereum USDT | | Ethereum USDS | | Arbitrum USDC Native | | Arbitrum USDT | | Base USDC Native | | Polygon USDC | | Polygon USDT | | Optimism USDT | | Optimism USDC | | Scroll USDC | ---- | Parameter | Current Value | Recommended Value | |------------------------------------|---------------|-------------------| | Annual Borrow Interest Rate Base | 0.015 | 0.015 | | Annual Borrow Interest Rate Slope Low | 0.0333 | 0.05 | | Borrow Kink | 0.9 | 0.9 | | Annual Borrow Interest Rate Slope High | 4 | 3.4 | | Annual Supply Interest Rate Base | 0 | 0 | | Annual Supply Interest Rate Slope Low | 0.039 | 0.054 | | Supply Kink | 0.9 | 0.9 | | Annual Supply Interest Rate Slope High | 3.6 | 3.034 | # Motivation This recommendation aims to increase supply caps for various assets across multiple Comets. Gauntlet recommends to increase supply caps to increase capital efficiency within the Comets. Full proposal and forum discussions can be found in the following posts. * [Dec 11 ](https://www.comp.xyz/t/gauntlet-supply-cap-recommendation-proposals/5886/14?u=gauntlet) * [Dec 16 ](https://www.comp.xyz/t/gauntlet-supply-cap-recommendation-proposals/5886/16?u=gauntlet) * [Dec 19](https://www.comp.xyz/t/gauntlet-supply-cap-recommendation-proposals/5886/17?u=gauntlet) * Gauntlet recommends updating the interest rate curve parameters across all WETH and Stablecoin comets to align with market demand. See the the [full proposal and forum discussion](https://www.comp.xyz/t/gauntlet-ir-curve-and-incentive-recommendations-for-stablecoin-and-weth-comets/6038?u=gauntlet) for more details. # Specification The proposal updates the parameters by using the respective methods on the Configurator. ***By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.network/tos***
0x45d79e45…4925sent to0x683a4f99…6c02·#21,425,523·0x9b5665cd…b28cec
setBorrowPerYearInterestRateSlopeLow(address,uint64)setBorrowPerYearInterestRateSlopeHigh(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)createRetryableTicket(address,uint256,uint256,address,address,uint256,uint256,bytes)setBorrowPerYearInterestRateSlopeLow(address,uint64)setBorrowPerYearInterestRateSlopeHigh(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)setBorrowPerYearInterestRateSlopeLow(address,uint64)setBorrowPerYearInterestRateSlopeHigh(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)# [Gauntlet] - IR Curve and Incentive Recommendations for Stablecoin and WETH Comets - Part 3 # Summary Gauntlet recommends updating the interest rate curves as well as COMP rewards for WETH and Stablecoin Comets. This proposal is Part 3 of the overarching recommendations to be implemented. In this proposal we specifically target Mainnet USDT, Arbitrum USDC and Arbitrum WETH comet's IR curves. **WETH Comets** | Comet | | ----------------- | | **Ethereum WETH** | | Arbitrum WETH | | Base WETH | | Optimism WETH | | **Scroll WETH** | | Parameter | Current Value | Recommended Value | |------------------------------------|---------------|-------------------| | Annual Borrow Interest Rate Base | 0.01 | 0.01 | | Annual Borrow Interest Rate Slope Low | 0.0145 | 0.0155 | | Borrow Kink | 0.9 | 0.9 | | Annual Borrow Interest Rate Slope High | 1.5 | 1.26 | | Annual Supply Interest Rate Base | 0 | 0 | | Annual Supply Interest Rate Slope Low | 0.0165 | 0.0216 | | Supply Kink | 0.9 | 0.9 | | Annual Supply Interest Rate Slope High | 1.2 | 1.125 | **Stablecoin Comets** | Comet | | ----------------- | | Ethereum USDC | | Ethereum USDT | | Ethereum USDS | | Arbitrum USDC Native | | Arbitrum USDT | | Base USDC Native | | Polygon USDC | | Polygon USDT | | Optimism USDT | | Optimism USDC | | Scroll USDC | ---- | Parameter | Current Value | Recommended Value | |------------------------------------|---------------|-------------------| | Annual Borrow Interest Rate Base | 0.015 | 0.015 | | Annual Borrow Interest Rate Slope Low | 0.0333 | 0.05 | | Borrow Kink | 0.9 | 0.9 | | Annual Borrow Interest Rate Slope High | 4 | 3.4 | | Annual Supply Interest Rate Base | 0 | 0 | | Annual Supply Interest Rate Slope Low | 0.039 | 0.054 | | Supply Kink | 0.9 | 0.9 | | Annual Supply Interest Rate Slope High | 3.6 | 3.034 | ## Motivation Gauntlet recommends updating the interest rate curve parameters across all WETH and Stablecoin comets to align with market demand. See the the [full proposal and forum discussion](https://www.comp.xyz/t/gauntlet-ir-curve-and-incentive-recommendations-for-stablecoin-and-weth-comets/6038?u=gauntlet) for more details. ## Specification The proposal updates the parameters by using the respective methods on the Configurator.  ***By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.network/tos.***
0x45d79e45…4925sent to0x7b3c54e1…cc33·#21,425,513·0xd17c7f94…a7b847
setBaseTrackingBorrowSpeed(address,uint64)deployAndUpgradeTo(address,address)createRetryableTicket(address,uint256,uint256,address,address,uint256,uint256,bytes)sendMessage(address,bytes,uint32)setBaseTrackingBorrowSpeed(address,uint64)deployAndUpgradeTo(address,address)setBorrowKink(address,uint64)setBorrowPerYearInterestRateSlopeLow(address,uint64)setBorrowPerYearInterestRateSlopeHigh(address,uint64)setSupplyKink(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)setBorrowPerYearInterestRateSlopeLow(address,uint64)setBorrowPerYearInterestRateSlopeHigh(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)# [Gauntlet] - IR Curve and Incentive Recommendations for Stablecoin and WETH Comets - Part 4 # Summary Gauntlet recommends updating the interest rate curves as well as COMP rewards for WETH and Stablecoin Comets. This proposal is Part 4 of the overarching recommendations to be implemented. In this proposal we specifically target Arbitrum USDT and Base USDC comet's IR curves along with COMP reward recommendations for Mainnet USDS and Arbitrum WETH Comet. **Stablecoin Comets** | Comet | | ----------------- | | Ethereum USDC | | Ethereum USDT | | Ethereum USDS | | Arbitrum USDC Native | | Arbitrum USDT | | Base USDC Native | | Polygon USDC | | Polygon USDT | | Optimism USDT | | Optimism USDC | | Scroll USDC | ---- | Parameter | Current Value | Recommended Value | |------------------------------------|---------------|-------------------| | Annual Borrow Interest Rate Base | 0.015 | 0.015 | | Annual Borrow Interest Rate Slope Low | 0.0333 | 0.05 | | Borrow Kink | 0.9 (0.85 for Arbitrum USDT) | 0.9 | | Annual Borrow Interest Rate Slope High | 4 | 3.4 | | Annual Supply Interest Rate Base | 0 | 0 | | Annual Supply Interest Rate Slope Low | 0.039 | 0.054 | | Supply Kink | 0.9 (0.85 for Arbitrum USDT) | 0.9 | | Annual Supply Interest Rate Slope High | 3.6 | 3.034 | --- | Comet | Current COMP Supply Rewards | Recommended COMP Supply Rewards | Current COMP Borrow Rewards | Recommended COMP Borrow Rewards | | -----| -------| --------| -------|---------| | Ethereum WETH | 35 | No Change | 20 | 5 | | Arbitrum WETH | 6 | 10 | 15 | 5 | | Base WETH | 6 | No Change | 1 | 0 | | Optimism WETH | 10 | No Change | 5 | 0 | | Ethereum USDC | 70 | No Change | 71 | 35 | | Ethereum USDT | 70 | No Change | 50 | 25 | | Ethereum USDS | 25 | No Change | 25 | 5 | | Arbitrum USDC | 17 | 20 | 50 | 10 | | Arbitrum USDT | 7 | 15 | 35 | 10 | | Base USDC | 13 | No Change | 5 | 0 | | Polygon USDC | 8 | 0 | 3 | 0 | | Polygon USDT | 8 | 0 | 4 | 0 | | Optimism USDT | 5 | No Change | 5 | 0 | | Optimism USDC | 5 | No Change | 5 | 0 | | Scroll USDC | 6 | No Change | 2 | 0 | ## Motivation Gauntlet recommends updating the interest rate curve parameters across all WETH and Stablecoin comets to align with market demand. See the the [full proposal and forum discussion](https://www.comp.xyz/t/gauntlet-ir-curve-and-incentive-recommendations-for-stablecoin-and-weth-comets/6038?u=gauntlet) for more details. ## Specification The proposal updates the parameters by using the respective methods on the Configurator.  ***By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.network/tos.***
0x45d79e45…4925sent to0x7b3c54e1…cc33·#21,373,802·0xfcfbe145…c8bbe9
_grantComp(address,uint256)createRetryableTicket(address,uint256,uint256,address,address,uint256,uint256,bytes)_grantComp(address,uint256)approve(address,uint256)depositERC20To(address,address,address,uint256,uint32,bytes)setBaseTrackingSupplySpeed(address,uint64)setBaseTrackingBorrowSpeed(address,uint64)deployAndUpgradeTo(address,address)setBaseTrackingSupplySpeed(address,uint64)setBaseTrackingBorrowSpeed(address,uint64)deployAndUpgradeTo(address,address)# [Gauntlet] - IR Curve and Incentive Recommendations for Stablecoin and WETH Comets along with Rewards Top-up recommendations This proposal is part 2 of the recommendations posted [here](https://www.comp.xyz/t/gauntlet-ir-curve-and-incentive-recommendations-for-stablecoin-and-weth-comets/6038?u=gauntlet) and includes COMP reward speed recommendations for Mainnet Comets. This proposal also bundles the previously proposed top up recommendations for Mainnet and Base Comets. | Comet | Current COMP Supply Rewards | Recommended COMP Supply Rewards | Current COMP Borrow Rewards | Recommended COMP Borrow Rewards | | -----| -------| --------| -------|---------| | Ethereum WETH | 35 | No Change | 20 | 5 | | Arbitrum WETH | 6 | 10 | 15 | 5 | | Base WETH | 6 | No Change | 1 | 0 | | Optimism WETH | 10 | No Change | 5 | 0 | | Ethereum USDC | 70 | No Change | 71 | 35 | | Ethereum USDT | 70 | No Change | 50 | 25 | | Ethereum USDS | 25 | No Change | 25 | 5 | | Arbitrum USDC | 17 | 20 | 50 | 10 | | Arbitrum USDT | 7 | 15 | 35 | 10 | | Base USDC | 13 | No Change | 5 | 0 | | Polygon USDC | 8 | 0 | 3 | 0 | | Polygon USDT | 8 | 0 | 4 | 0 | | Optimism USDT | 5 | No Change | 5 | 0 | | Optimism USDC | 5 | No Change | 5 | 0 | | Scroll USDC | 6 | No Change | 2 | 0 | --- Top-up amounts: | Chain | Reward Amount | |--------------|---------------| | Base | 4,950 | | Ethereum | 11,340 | ### Motivation For more details please see the full forum posts below: - [[Gauntlet] Rewards Contract Top-Up for Ethereum, Arbitrum and Optimism (11/18/24) ](https://www.comp.xyz/t/gauntlet-rewards-contract-top-up-for-ethereum-arbitrum-and-optimism-11-18-24/5969?u=gauntlet) - [[Gauntlet] Rewards Contract Top-Up for Ethereum and Base (11/18/24)](https://www.comp.xyz/t/gauntlet-rewards-contract-top-up-for-ethereum-and-base-11-18-24/5969?u=gauntlet) ***By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.network/tos.*** ## Motivation Gauntlet recommends updating the interest rate curve parameters across all WETH and Stablecoin comets to align with market demand. See the the [full proposal and forum discussion](https://www.comp.xyz/t/gauntlet-ir-curve-and-incentive-recommendations-for-stablecoin-and-weth-comets/6038?u=gauntlet) for more details. ## Specification The proposal updates the parameters by using the respective methods on the Configurator.  ***By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.network/tos.***
0x45d79e45…4925sent to0x683a4f99…6c02·#21,368,262·0x33cb96d7…c6ebb5
setBorrowPerYearInterestRateSlopeLow(address,uint64)setBorrowPerYearInterestRateSlopeHigh(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)setBorrowPerYearInterestRateSlopeLow(address,uint64)setBorrowPerYearInterestRateSlopeHigh(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)# [Gauntlet] - IR Curve and Incentive Recommendations for Stablecoin and WETH Comets - Part 1 # Summary Gauntlet recommends updating the interest rate curves as well as COMP rewards for WETH and Stablecoin Comets. **WETH Comets** The recommended curves are for the following comets: | Comet | | ----------------- | | Ethereum WETH | | Arbitrum WETH | | Base WETH | | Optimism WETH | | Scroll WETH | ---- | Parameter | Current Value | Recommended Value | |------------------------------------|---------------|-------------------| | Annual Borrow Interest Rate Base | 0.01 | 0.01 | | Annual Borrow Interest Rate Slope Low | 0.0145 | 0.0155 | | Borrow Kink | 0.9 | 0.9 | | Annual Borrow Interest Rate Slope High | 1.5 | 1.26 | | Annual Supply Interest Rate Base | 0 | 0 | | Annual Supply Interest Rate Slope Low | 0.0165 | 0.0216 | | Supply Kink | 0.9 | 0.9 | | Annual Supply Interest Rate Slope High | 1.2 | 1.125 | **Stablecoin Comets** The recommended curves are for the following comets: | Comet | | ----------------- | | Ethereum USDC | | Ethereum USDT | | Ethereum USDS | | Arbitrum USDC Native | | Arbitrum USDT | | Base USDC Native | | Polygon USDC | | Polygon USDT | | Optimism USDT | | Optimism USDC | | Scroll USDC | ---- | Parameter | Current Value | Recommended Value | |------------------------------------|---------------|-------------------| | Annual Borrow Interest Rate Base | 0.015 | 0.015 | | Annual Borrow Interest Rate Slope Low | 0.0333 | 0.05 | | Borrow Kink | 0.9 | 0.9 | | Annual Borrow Interest Rate Slope High | 4 | 3.4 | | Annual Supply Interest Rate Base | 0 | 0 | | Annual Supply Interest Rate Slope Low | 0.039 | 0.054 | | Supply Kink | 0.9 | 0.9 | | Annual Supply Interest Rate Slope High | 3.6 | 3.034 | ---- | Comet | Current COMP Supply Rewards | Recommended COMP Supply Rewards | Current COMP Borrow Rewards | Recommended COMP Borrow Rewards | | -----| -------| --------| -------|---------| | Ethereum WETH | 35 | No Change | 20 | 5 | | Arbitrum WETH | 6 | 10 | 15 | 5 | | Base WETH | 6 | No Change | 1 | 0 | | Optimism WETH | 10 | No Change | 5 | 0 | | Ethereum USDC | 70 | No Change | 71 | 35 | | Ethereum USDT | 70 | No Change | 50 | 25 | | Ethereum USDS | 25 | No Change | 25 | 5 | | Arbitrum USDC | 17 | 20 | 50 | 10 | | Arbitrum USDT | 7 | 15 | 35 | 10 | | Base USDC | 13 | No Change | 5 | 0 | | Polygon USDC | 8 | 0 | 3 | 0 | | Polygon USDT | 8 | 0 | 4 | 0 | | Optimism USDT | 5 | No Change | 5 | 0 | | Optimism USDC | 5 | No Change | 5 | 0 | | Scroll USDC | 6 | No Change | 2 | 0 | ## Motivation Gauntlet recommends updating the interest rate curve parameters across all WETH and Stablecoin comets to align with market demand. See the the [full proposal and forum discussion](https://www.comp.xyz/t/gauntlet-ir-curve-and-incentive-recommendations-for-stablecoin-and-weth-comets/6038?u=gauntlet) for more details. ## Specification The proposal updates the parameters by using the respective methods on the Configurator.  ***By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.network/tos.***