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# Set Zero Supply Caps for Low-Demand LST/LRT Collateral on Ethereum\n## Summary\n\nGauntlet recommends setting the supply caps to `0` for three low-demand LST/LRT collateral listings across the Ethereum WETH and wstETH Comets.\n\n## Proposed Changes\n\n| Comet | Collateral | Current Supply Cap | Proposed Supply Cap |\n| --------------- | ---------- | -----------------: | ------------------: |\n| Ethereum WETH | pufETH | 105 | 0 |\n| Ethereum WETH | ezETH | 500 | 0 |\n| Ethereum wstETH | tETH | 44 | 0 |\n\nSetting a supply cap to `0` prevents users from depositing additional units of the affected collateral into the corresponding Comet.\n\nThis proposal does not:\n\n* Force liquidations.\n* Change collateral or liquidation factors.\n* Prevent withdrawals or repayments.\n* Affect existing collateral balances.\n\nExisting positions will continue to operate normally, and users will retain the ability to repay debt and withdraw collateral.\n\n## Proposal Actions\n\n1. Set the pufETH supply cap on the Ethereum WETH Comet to `0`.\n2. Set the ezETH supply cap on the Ethereum WETH Comet to `0`.\n3. Deploy and upgrade the Ethereum WETH Comet to apply the updated configuration.\n4. Set the tETH supply cap on the Ethereum wstETH Comet to `0`.\n5. Deploy and upgrade the Ethereum wstETH Comet to apply the updated configuration.\n\n## Additional Information\n\nFor the complete motivation, methodology, risk considerations, and supporting data, see the [Compound V3 ETH Comets: Zero Supply Caps for Low-Demand LST/LRT Collateral forum post](https://www.comp.xyz/t/compound-v3-eth-comets-zero-supply-caps-for-low-demand-lst-lrt-collateral/8029).
updateAssetBorrowCollateralFactor(address,address,uint64)deployAndUpgradeTo(address,address)updateAssetBorrowCollateralFactor(address,address,uint64)deployAndUpgradeTo(address,address)updateAssetBorrowCollateralFactor(address,address,uint64)deployAndUpgradeTo(address,address)updateAssetBorrowCollateralFactor(address,address,uint64)deployAndUpgradeTo(address,address)updateAssetBorrowCollateralFactor(address,address,uint64)deployAndUpgradeTo(address,address)# Reduce Borrow Collateral Factor for rsETH to 0 on L2 Markets\nThis proposal reduces the collateral factor utilized on borrow for rsETH-once executed, rsETH on Arbitrum WETH, Base WETH, Linea WETH, Optimism WETH and Unichain WETH markets can not be used as collateral for new loans. Note that this proposal will not directly trigger any liquidations as the liquidation collateral factor remains unchanged.\n\nPlease see the forums for further details\n\n* [Kelp Dao Exploit Discussions](https://www.comp.xyz/t/kelp-daos-rseth-hack-response/7732)
# Cap Recommendations on Ethereum WETH and wstETH comets\n# Simple Summary\n\nGauntlet recommends the following supply cap adjustments to the protocol:\n\n## Supply Cap Recommendations\n\n| Comet | Asset | Supply Cap |\n| --------------- | ------ | --------------- |\n| Ethereum WETH | rswETH | 1,000 → 500 |\n| Ethereum WETH | cbBTC | 150 → 75 |\n| Ethereum WETH | tBTC | 315 → 157 |\n| Ethereum WETH | osETH | 10,000 → 2,500 |\n| Ethereum WETH | pufETH | 4,500 → 2,250 |\n| Ethereum WETH | ETHx | 2,100 → 1,050 |\n| Ethereum WETH | rETH | 30,000 → 15,000 |\n| Ethereum WETH | cbETH | 10,000 → 5,000 |\n| Ethereum wstETH | tETH | 5,000 → 2,500 |\n| Ethereum wstETH | ezETH | 15,000 → 7,500 |\n| Ethereum wstETH | weETH | 10,000 → 5,000 |\n\n# Motivation\n\nFull proposal and forum discussions can be found in the following post. \n\n* [\[Gauntlet\] 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)")\n\n# Specification\n\nThe proposal updates the parameters by using the respective methods on the Configurator.\n\nBy approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.xyz/tos
# Incentive Cuts on Ethereum (Extension to proposal 553)\n# Simple Summary\n\nGauntlet recommends the following adjustments to COMP incentives on ethereum comets. This is an extension of the proposal that is proposed [here](https://www.tally.xyz/gov/compound/proposal/553). It had to be split into 2 proposals as the transaction limit is 16M gwei per proposal.\n\n\n\n| **Comet** | **Daily Borrow Incentive(in COMP)** | **Daily Supply Incentive(in COMP)** |\n| ------------- | ----------------------------------- | ----------------------------------- |\n| Ethereum USDS | 5 → 0 | 13 → 0 |\n| Ethereum WBTC | 0 | 1 → 0 |\n\n# Motivation\n\nFull proposal and forum discussions can be found in the following post.\n\n* [\[Gauntlet\] Incentive Optimization Recommendations (2026-02-22)](https://www.comp.xyz/t/gauntlet-incentive-optimization-recommendations-2026-02-22/7656?u=gauntlet)
# Topping up Ethereum and Optimism COMP rewards # Simple Summary Gauntlet recommends adding additional COMP to Optimism and Ethereum reward contracts. | Chain | Reward Amount | | -------- | ------------- | | Ethereum | 3525 | | Optimism | 750 | ### Analysis Below is the projected runway in each chain’s rewards contract. | Chain | Rewards contract COMP token holdings | Remaining days of runway | | -------- | ------------------------------------ | ------------------------ | | Ethereum | 2448 | 14 | | Optimism | 255 | 21 | Ethereum and Optimism currently have a runway of less than 30 days. Gauntlet recommends topping up an additional thirty days’ worth of incentives to the listed networks. More details on this proposal can be found [here](https://www.comp.xyz/t/gauntlet-topping-up-ethereum-and-optimism-comp-rewards/7676?u=gauntlet)
# [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
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
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
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 (Mainnet, Arbitrum, and Base) # Simple Summary Gauntlet recommends the following adjustments to COMP incentives across comets. These adjustments are intended to encourage optimal utilization, lead to interest rate discovery, and optimize COMP spend across the protocol. | Comet | Daily Borrow Incentive(in COMP) | Daily Supply Incentive(in COMP) | | --- | --- | --- | | **Arbitrum USDC** | 15→10 | 20→14 | | **Arbitrum USDT** | 15→11 | 15→11 | | Arbitrum WETH | 5→2 | 3→1 | | Base AERO | 8→4 | 3→1 | | Base USDC | 7→4 | 13→9 | | Base USDS | 12→9 | 24→15 | | Base WETH | 2→1 | 2→1 | | Ethereum USDC | 71→55 | 70→55 | | Ethereum USDT | 50→30 | 70→30 | Current spend is 522 COMP per day. We recommend reducing that by 142 COMP for a daily spend of 380 COMP. With the current COMP price at $24.36, this equates to $1.25M in emissions saved annually. ## **Motivation** Full proposal and forum discussions can be found in the following post. - [(Gauntlet) Incentive Optimization Recommendations](https://www.comp.xyz/t/gauntlet-incentive-optimization-recommendations/7468) # **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
# [Gauntlet] Rewards Contract Top-Up for Arbitrum and Unichain\n# Simple Summary\n\nGauntlet recommends adding additional COMP to the Arbitrum and Unichain reward contracts.\n\n| Chain | Reward Amount |\n| -------- | ------------- |\n| Arbitrum | 582 |\n| Unichain | 418 |\n\n# Motivation\n\nFull proposal and forum discussions can be found in the following post. \n\n* [https://www.comp.xyz/t/gauntlet-rewards-contract-top-up-for-arbitrum-base-and-unichain/7312](https://www.comp.xyz/t/gauntlet-rewards-contract-top-up-for-arbitrum-base-and-unichain/7312)\n\n# Specification\n\nThe proposal updates the parameters by using the respective methods on the Configurator.\n\nBy approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.xyz/tos
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***
setBorrowPerYearInterestRateSlopeLow(address,uint64)setBorrowPerYearInterestRateSlopeHigh(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)sendMessage(address,bytes,uint32)sendMessage(address,bytes,uint32)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)updateAssetSupplyCap(address,address,uint128)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. 1. Increase Ethereum V3 USDT Comet’s sFRAX Supply Cap from 20,000,000 to 24,000,000. 1. Increase Base V3 WETH Comet’s weETH Supply Cap from 4,200 to 15,000. 1. Increase Base V3 USDC Comet’s wstETH Supply Cap from 700 to 2,100. 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) * 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***
updateAssetSupplyCap(address,address,uint128)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)sendMessage(address,bytes,uint32)updateAssetSupplyCap(address,address,uint128)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address) # [Gauntlet] Supply Cap Recommendations (12/09/24) # Summary Gauntlet recommends the following risk recommendations to the protocol: * Increase Base V3 USDC Comet’s cbBTC Supply Cap from 90 to 180. * Increase Base V3 USDC Comet’s wstETH Supply Cap from 700 to 1400. * Increase Ethereum V3 USDC Comet’s LINK Supply Cap from 1,000,000 to 2,000,000 * Increase Ethereum V3 USDC Comet’s cbBTC Supply Cap from 93 to 180 # 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 03 ](https://www.comp.xyz/t/gauntlet-supply-cap-recommendation-proposals/5886/10?u=gauntlet) * [Dec 04 ](https://www.comp.xyz/t/gauntlet-supply-cap-recommendation-proposals/5886/11?u=gauntlet) * [Dec 05 ](https://www.comp.xyz/t/gauntlet-supply-cap-recommendation-proposals/5886/12?u=gauntlet) * [Dec 09 ](https://www.comp.xyz/t/gauntlet-supply-cap-recommendation-proposals/5886/13?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***
_grantComp(address,uint256)_grantComp(address,uint256)approve(address,uint256)depositERC20To(address,address,address,uint256,uint32,bytes)# [Gauntlet] Rewards Contract Top-Up for Ethereum and Base (11/26/24) ### Simple Summary Gauntlet recommends adding additional COMP to the reward contracts of Ethereum, Optimism and Arbitrum: | Chain | Reward Amount | |--------------|---------------| | Base | 4,950 | | Ethereum | 11,340 | ### 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 | 3,518 | 23.0 | 153 | | Optimism | 2,802 | 27.0 | 103 | | Ethereum | 28,625 | 378.0 | 75 | | Base | 1,047 | 55.0 | 19 | | Arbitrum | 15,762 | 130.0 | 121 | 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) ***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.***
updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)sendMessage(address,bytes,uint32)createRetryableTicket(address,uint256,uint256,address,address,uint256,uint256,bytes)sendMessage(address,bytes,uint32)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)# [Gauntlet] Supply Cap Recommendations (11/11/24) # Summary Gauntlet recommends the following risk recommendations to the protocol: - Increase Base V3 USDC Comet’s cbBTC Supply Cap from 45 to 90 - Increase Mainnet V3 WETH Comet’s rsETH Supply Cap from 5000 to 37000. - Increase Optimism V3 USDC Comet’s wstETH Supply Cap from 600 to 1200. - Increase Arbitrum V3 WETH Comet’s ezETH Supply Cap from 10,240 to 12,000. - Increase Optimism V3 USDT Comet’s wstETH Supply Cap from 400 to 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 October posts. * [Nov 5 ](https://www.comp.xyz/t/gauntlet-supply-cap-recommendation-proposals/5886/5?u=gauntlet) * [Nov 11 ](https://www.comp.xyz/t/gauntlet-supply-cap-recommendation-proposals/5886/6?u=gauntlet) * [Nov 12 ](https://www.comp.xyz/t/gauntlet-supply-cap-recommendation-proposals/5886/7?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***
updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)sendMessage(address,bytes,uint32)createRetryableTicket(address,uint256,uint256,address,address,uint256,uint256,bytes)sendMessage(address,bytes,uint32)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)# [Gauntlet] Supply Cap Recommendations (11/11/24) # Summary Gauntlet recommends the following risk recommendations to the protocol: - Increase Optimism V3 USDT Comet’s wstETH Supply Cap from 400 to 800 - Increase Base V3 USDC Comet’s cbBTC Supply Cap from 45 to 90 - Increase Mainnet V3 WETH Comet’s rsETH Supply Cap from 5000 to 37000. - Increase Optimism V3 USDC Comet’s wstETH Supply Cap from 600 to 1200. - Increase Optimism V3 USDT Comet’s wstETH Supply Cap from 400 to 800. - Increase Arbitrum V3 WETH Comet’s ezETH Supply Cap from 10,240 to 12,000. # 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 October posts. * [Nov 5 ](https://www.comp.xyz/t/gauntlet-supply-cap-recommendation-proposals/5886/5?u=gauntlet) * [Nov 11 ](https://www.comp.xyz/t/gauntlet-supply-cap-recommendation-proposals/5886/6?u=gauntlet) * [Nov 12 ](https://www.comp.xyz/t/gauntlet-supply-cap-recommendation-proposals/5886/7?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***
updateAssetSupplyCap(address,address,uint128)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)sendMessage(address,bytes,uint32)sendMessage(address,bytes,uint32)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)updateAssetSupplyCap(address,address,uint128)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)# [Gauntlet] Supply Cap Recommendations (11/4/24) # Summary Gauntlet recommends the following risk recommendations to the protocol: - Increase Optimism V3 WETH Comet’s wrsETH Supply Cap from 220 to 440 - Increase USDC Optimism wstETH supply cap from 600 to 1,000 - Increase Base V3 USDC Comet’s cbBTC Supply Cap from 45 to 72. - Increase Mainnet WETH Comet's ezETH supply cap from 50,000 to 80,000 - Increase Mainnet WETH Comet's rsETH supply cap from 5,000 to 10,000 - Increase Optimism WETH Comet's ezETH supply cap from 2,400 to 3,200 # 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 October posts. * [Oct 21 ](https://www.comp.xyz/t/gauntlet-supply-cap-recommendation-proposals/5886?u=gauntlet) * [Oct 28 ](https://www.comp.xyz/t/gauntlet-supply-cap-recommendation-proposals/5886/3?u=gauntlet) * [Nov 4](https://www.comp.xyz/t/gauntlet-supply-cap-recommendation-proposals/5886/4?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***
sendMessage(address,bytes,uint32)createRetryableTicket(address,uint256,uint256,address,address,uint256,uint256,bytes)sendMessage(address,bytes,uint32)updateAssetSupplyCap(address,address,uint128)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)# [Gauntlet] Supply Cap Recommendations - Part 1 (10/24) # Summary Gauntlet recommends the following risk recommendations to the protocol: - Increase Optimism V3 WETH Comet’s weETH Supply Cap from 400 to 600. - Increase Arbitrum USDC Comet's ezETH supply cap from 500 to 1,400 - Increase Arbitrum V3 WETH Comet’s ezETH Supply Cap from 6400 to 10240. - Increase Base V3 WETH Comet’s ezETH Supply Cap from 2000 to 3,200. - Increase Optimism V3 WETH Comet's ezETH supply cap from 2,400 to 3,200 # 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 October posts. * [Oct 21 ](https://www.comp.xyz/t/gauntlet-supply-cap-recommendation-proposals/5886?u=gauntlet) * [Oct 22 ](https://www.comp.xyz/t/gauntlet-supply-cap-recommendation-proposals/5886/2?u=gauntlet) * [Oct 28 ](https://www.comp.xyz/t/gauntlet-supply-cap-recommendation-proposals/5886/3?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***
updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetLiquidateCollateralFactor(address,address,uint64)updateAssetLiquidationFactor(address,address,uint64)updateAssetSupplyCap(address,address,uint128)updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetLiquidateCollateralFactor(address,address,uint64)deployAndUpgradeTo(address,address)# [Gauntlet] Risk Parameter Recommendations for LINK and UNI (Oct 2024) # Summary Gauntlet recommends the following risk recommendations to the protocol: * Decrease USDC Ethereum Comet’s LINK Supply Cap from 4,000,000 to 1,000,000 * Decrease USDT Ethereum Comet’s LINK Supply Cap from 2,000,000 to 500,000 * Decrease USDT Ethereum Comet’s UNI Supply Cap from 3,000,000 to 1,300,000 --- * Decrease USDC Ethereum Comet’s LINK Liquidation Factor from 85% to 79% * Decrease USDC Ethereum Comet’s LINK Collateral Factor from 79% to 73% * Increase USDC Ethereum Comet’s LINK Liquidation Penalty from 7% to 17% ---- * Decrease USDT Ethereum Comet’s LINK Liquidation Factor from 85% to 79% * Decrease USDT Ethereum Comet’s LINK Collateral Factor from 79% to 73% * Increase USDT Ethereum Comet’s LINK Liquidation Penalty from 7% to 17% --- * Decrease USDC Ethereum Comet’s UNI Liquidation Factor from 79% to 74% * Decrease USDC Ethereum Comet’s UNI Collateral Factor from 73% to 68% --- * Decrease USDT Ethereum Comet’s UNI Liquidation Factor from 81% to 74% * Decrease USDT Ethereum Comet’s UNI Collateral Factor from 75% to 68% * Increase USDT Ethereum Comet’s UNI LP from 15% to 17% --- # Motivation This recommendation aims to review and adjust risk parameters for tail-risk assets across Comets. This part 1 of the proposal, part 2 will incorporate recommendations for USDT Comets on Ethereum. Full proposal and forum discussions can be found [here](https://www.comp.xyz/t/gauntlet-risk-parameter-recommendations-for-link-and-uni-oct-2014/5876) # 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***
updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)sendMessage(address,bytes,uint32)sendMessage(address,uint256,bytes,uint256)createRetryableTicket(address,uint256,uint256,address,address,uint256,uint256,bytes)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)updateAssetSupplyCap(address,address,uint128)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)# [Gauntlet] - Supply Cap Recommendations (2024-10-15) - Part 1 # Summary Gauntlet recommends the following risk recommendations to the protocol: - Increase WETH Mainnet ezETH supply cap from 25,000 to 50,000 - Increase USDT Mainnet wstETH supply cap from 28,000 to 45,000 - Increase USDC Arbitrum wstETH supply cap from 5,000 to 8,000 - Increase USDT Optimism wstETH supply cap from 400 to 600 - Increase USDC Optimism wstETH supply cap from 600 to 960 - Increase WETH Optimism wrsETH supply cap from 220 to 350 - Increase WETH Optimism ezETH supply cap from 1,200 to 2,400 - Increase USDC Scroll wstETH supply cap from 250 to 1,000 - Increase USDC Scroll WETH supply cap from 2,000 to 4,000 # 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. This part 1 of the proposal, part 2 will incorporate wstETH recommendations for USDT and USDC Comets on Optimism. Full proposal and forum discussions can be found [here](https://www.comp.xyz/t/gauntlet-supply-cap-recommendations-2024-10-15/5873?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***
sendMessage(address,bytes,uint32)updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetLiquidateCollateralFactor(address,address,uint64)updateAssetSupplyCap(address,address,uint128)updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetLiquidateCollateralFactor(address,address,uint64)updateAssetSupplyCap(address,address,uint128)setBorrowPerYearInterestRateBase(address,uint64)setBorrowPerYearInterestRateSlopeLow(address,uint64)setBorrowPerYearInterestRateSlopeHigh(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)# Compound v3 Base USDbC Collateral Factor Reduction & Interest Rate Recommendations (September 2024) # Summary Gauntlet recommends the following risk recommendations to the protocol: * Decrease **WETH Liquidation Collateral Factor** from 84% to **74%** * Decrease **cbETH Liquidation Collateral Factor** from 80% to **70%** * Decrease **WETH Borrow Collateral Factor** from 79% to **69%** * Decrease **cbETH Borrow Collateral Factor** from 75% to **65%** * Decreasee **WETH Supply Cap** from 11,000 to **1,100** * Decreasee **cbETH Supply Cap** from 7,500 to **350** Gauntlet also recommends setting the Base USDbC IR curves to the following parameters: | **Parameter** | **Recommended Value** | |-----------------------------------------|-----------------------| | Annual Supply Interest Rate Base | 0 | | Annual Supply Interest Rate Slope Low | 0.025 | | Supply Kink | 0.9 | | Annual Supply Interest Rate Slope High | 4.3 | | Annual Borrow Interest Rate Base | 0.025 | | Annual Borrow Interest Rate Slope Low | 0.045 | | Borrow Kink | 0.9 | | Annual Borrow Interest Rate Slope High | 6 | # Motivation This recommendation aims to proceed with Compound v3 Base USDbC deprecation. Full proposal and forum discussions can be found [here](https://www.comp.xyz/t/compound-v3-base-usdbc-liquidation-factor-reduction-interest-rate-recommendations-september-2024/5828) # 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***
updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)sendMessage(address,bytes,uint32)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)# [Gauntlet' - Supply Cap Recommendations (2024-09-10) # Summary Gauntlet recommends the following risk recommendations to the protocol: - Increase USDT Mainnet Comet’s wstETH Supply Cap from 15,000 to 22,000 - Increase WETH Base Comet's ezETH Supply cap from 1,500 to 2,000 - Increase WETH Mainnet Comet's ezETH supply cap from 12,000 to 18,000 # Motivation This recommendation aims to increase supply caps for wstETH on USDT Mainnet Comet, ezETH on WETH Mainnet and ezETH on WETH Base Comet. Gauntlet recommends to increase supply caps to increase capital efficiency within the Comets. Full proposal and forum discussions can be found [here](https://www.comp.xyz/t/gauntlet-supply-cap-recommendations-2024-09-10/5721), [here](https://www.comp.xyz/t/gauntlet-base-v3-weth-comets-ezeth-supply-cap-recommendations-09-10-24/5719) and [here](https://www.comp.xyz/t/gauntlet-supply-cap-recommendations-2024-09-05/5694) # 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***
updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)sendMessage(address,bytes,uint32)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)# [Gauntlet] - Supply Cap Recommendations (2024-09-10) # Summary Gauntlet recommends the following risk recommendations to the protocol: - Increase USDT Mainnet Comet’s wstETH Supply Cap from 15,000 to 22,000 - Increase WETH Base Comet's ezETH Supply cap from 1,500 to 2,000 # Motivation This recommendation aims to increase supply caps for wstETH on USDC Mainnet Comet and ezETH on WETH Base Comet. Gauntlet recommends to increase supply caps to increase capital efficiency within the Comets. Full proposal and forum discussions can be found [here](https://www.comp.xyz/t/gauntlet-supply-cap-recommendations-2024-09-10/5721) and [here](https://www.comp.xyz/t/gauntlet-base-v3-weth-comets-ezeth-supply-cap-recommendations-09-10-24/5719). # 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***
updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)sendMessage(address,bytes,uint32)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)# [Gauntlet] - Supply Cap Recommendations (2024-09-10) # Summary Gauntlet recommends the following risk recommendations to the protocol: - Increase USDT Mainnet Comet’s wstETH Supply Cap from 15,000 to 22,000 - Increase WETH Base Comet's ezETH Supply cap from 1,500 to 2,000 # Motivation This recommendation aims to increase supply caps for wstETH on USDC Mainnet Comet and ezETH on WETH Base Comet. Gauntlet recommends to increase supply caps to increase capital efficiency within the Comets. Full proposal and forum discussions can be found [here](https://www.comp.xyz/t/gauntlet-supply-cap-recommendations-2024-09-10/5721) and [here](https://www.comp.xyz/t/gauntlet-base-v3-weth-comets-ezeth-supply-cap-recommendations-09-10-24/5719). # 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***
updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)sendMessage(address,bytes,uint32)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)# [Gauntlet] - Supply Cap Recommendations (2024-09-10) # Summary Gauntlet recommends the following risk recommendations to the protocol: - Increase USDT Mainnet Comet’s wstETH Supply Cap from 15,000 to 22,000 - Increase WETH Base Comet's ezETH Supply cap from 1,500 to 2,000 # Motivation This recommendation aims to increase supply caps for wstETH on USDC Mainnet Comet and ezETH on WETH Base Comet. Gauntlet recommends to increase supply caps to increase capital efficiency within the Comets. Full proposal and forum discussions can be found [here](https://www.comp.xyz/t/gauntlet-supply-cap-recommendations-2024-09-10/5721) and [here](https://www.comp.xyz/t/gauntlet-base-v3-weth-comets-ezeth-supply-cap-recommendations-09-10-24/5719). # 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***
updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)# [Gauntlet] - Supply Cap Recommendations - (2024-09-05) ### Summary Gauntlet recommends the following risk recommendations to the protocol: - Increase WETH Mainnet ezETH supply cap from 12,000 to 18,000 # Motivation This recommendation aims to increase supply caps for ezETH on WETH Mainnet Comet. Gauntlet recommends to increase supply caps to increase capital efficiency within the Comets. Full proposal and forum discussions can be found [here](https://www.comp.xyz/t/gauntlet-supply-cap-recommendations-2024-09-05/5694). # 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***
createRetryableTicket(address,uint256,uint256,address,address,uint256,uint256,bytes)updateAssetSupplyCap(address,address,uint128)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)# [Gauntlet] - Risk Recommendations (2024-08-27) ## Summary Gauntlet recommends the following risk recommendations: - Increase WETH Arbitrum Comet’s weETH Supply Cap from 12,000 to 24,000 - Increase WETH Arbitrum Comet’s rETH Supply Cap from 4,500 to 7,500 ## Motivation This recommendation aims to increase supply caps for assets on their respective Comet. Gauntlet recommends to increase supply caps to increase capital efficiency within the Comets. Full proposal and forum discussions can be found below: - [Arbitrum WETH Comet Risk Recommendations](https://www.comp.xyz/t/gauntlet-arbitrum-weth-comet-risk-recommendations/5626) ## 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***
createRetryableTicket(address,uint256,uint256,address,address,uint256,uint256,bytes)withdrawReserves(address,uint256)withdrawReserves(address,uint256)withdrawReserves(address,uint256)withdrawReserves(address,uint256)deployAndUpgradeTo(address,address)# [Gauntlet] Arbitrum USDC Interest Rate Funds ## Summary Gauntlet is proposing to return funds to eligible token holders whose wallets were impacted by the interest rate change resulting from the [governance proposal 226](https://compound.finance/governance/proposals/226) applied as of March 19, 2024. Impacted users had to follow these [instructions](https://www.comp.xyz/t/gauntlet-arbitrum-usdc-comet-interest-rate-curve-recommendations/5081/6?u=gauntlet) as provided in the forums and discord community channels in order to have funds returned. The following users will receive funds from the Arbitrum USDC Comet reserves: | User Address | Funds | | --- | --- | | 0x403d37c861fb54b8f37a3a1870abce335954840b | 13519 | | 0x8d8bb7a2873f3514e9551c0c6f0d313f322a3619 | 24 | | 0xe77454ab9ae886d8c1bbfcd9af1bb369eb27bd3e | 210 | | 0xb56e5620a79cfe59af7c0fcae95aadbea8ac32a1 | 4170 | ## **Specification** The proposal uses the **`withdrawReserves`** via the cUSDCv3 contract. ***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.***