0x7b3c…cc33

All memos sent from and to 0x7b3c…cc33.

updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)updateAssetSupplyCap(address,address,uint128)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)# Set Zero Supply Caps for Low-Demand LST/LRT Collateral on L2\n## Summary\n\nGauntlet recommends setting the supply caps to `0` for four low-demand LST/LRT collateral listings across the WETH Comets on Arbitrum, Base, and Optimism.\n\n## Proposed Changes\n\n| Network and Comet | Collateral | Current Supply Cap | Proposed Supply Cap |\n| --- | --- | ---: | ---: |\n| Arbitrum WETH | ezETH | 582 | 0 |\n| Base WETH | ezETH | 237 | 0 |\n| Optimism WETH | ezETH | 276 | 0 |\n| Optimism WETH | rETH | 99 | 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\nThe proposal sends the following updates through Compound’s governance bridges:\n\n1. Set the ezETH supply cap on the Arbitrum WETH Comet to `0`, then deploy and upgrade the Comet.\n2. Set the ezETH supply cap on the Base WETH Comet to `0`, then deploy and upgrade the Comet.\n3. Set the ezETH and rETH supply caps on the Optimism WETH Comet to `0`, then deploy and upgrade the Comet.\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)updateAssetSupplyCap(address,address,uint128)updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetSupplyCap(address,address,uint128)updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetSupplyCap(address,address,uint128)updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetSupplyCap(address,address,uint128)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetSupplyCap(address,address,uint128)updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetSupplyCap(address,address,uint128)updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetSupplyCap(address,address,uint128)updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetSupplyCap(address,address,uint128)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetSupplyCap(address,address,uint128)updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetSupplyCap(address,address,uint128)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetSupplyCap(address,address,uint128)updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetSupplyCap(address,address,uint128)updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetSupplyCap(address,address,uint128)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)# Deprecation of Polygon and Unichain Comets\n## Simple Summary\n\nGauntlet recommends the following changes to risk parameters to deprecate all active comets on Polygon (USDC and USDT) and on Unichain (USDC and WETH). These markets have seen limited adoption in the last 180 days, with borrow volume either decreasing or remaining flat. The proposed changes set all collateral supply caps to 0, reduce borrow collateral factors by 50% for all assets other than MaticX, which is set to 0, and set the supply interest rate to zero across all four comets so that all borrower-paid interest accrues to reserves during the deprecation period. Liquidation factors are left unchanged throughout.\n\n## Risk Parameters\n\n### Polygon USDC Comet\n\n| Status | Asset | Supply Cap | Collateral Factor (CF) | Liquidation Factor (LF) |\n| -------- | ------ | ---------- | ---------------------- | ----------------------- |\n| Current | WETH | 2,500 | 80% | 85% |\n| Proposed | WETH | 0 | 40% | 85% |\n| Current | WBTC | 400 | 75% | 85% |\n| Proposed | WBTC | 0 | 37.5% | 85% |\n| Current | WPOL | 490,731 | 65% | 80% |\n| Proposed | WPOL | 0 | 32.5% | 80% |\n| Current | MaticX | 238,536 | 55% | 60% |\n| Proposed | MaticX | 0 | 0% | 60% |\n\n### Polygon USDT Comet\n\n| Status | Asset | Supply Cap | Collateral Factor (CF) | Liquidation Factor (LF) |\n| -------- | ------ | ---------- | ---------------------- | ----------------------- |\n| Current | WETH | 2,000 | 80% | 85% |\n| Proposed | WETH | 0 | 40% | 85% |\n| Current | WBTC | 180 | 75% | 85% |\n| Proposed | WBTC | 0 | 37.5% | 85% |\n| Current | WPOL | 202,246 | 65% | 80% |\n| Proposed | WPOL | 0 | 32.5% | 80% |\n| Current | MaticX | 161,140 | 60% | 70% |\n| Proposed | MaticX | 0 | 0% | 70% |\n\n### Unichain USDC Comet\n\n| Status | Asset | Supply Cap | Collateral Factor (CF) | Liquidation Factor (LF) |\n| -------- | ----- | ---------- | ---------------------- | ----------------------- |\n| Current | WETH | 5,000 | 83% | 90% |\n| Proposed | WETH | 0 | 41.5% | 90% |\n| Current | UNI | 4,307 | 68% | 74% |\n| Proposed | UNI | 0 | 34% | 74% |\n\n### Unichain WETH Comet\n\n| Status | Asset | Supply Cap | Collateral Factor (CF) | Liquidation Factor (LF) |\n| -------- | ------ | ---------- | ---------------------- | ----------------------- |\n| Current | wstETH | 5,000 | 90% | 93% |\n| Proposed | wstETH | 0 | 45% | 93% |\n| Current | weETH | 952 | 90% | 93% |\n| Proposed | weETH | 0 | 45% | 93% |\n| Current | WBTC | 60 | 80% | 85% |\n| Proposed | WBTC | 0 | 40% | 85% |\n\nNote: On the Unichain WETH comet, UNI, ezETH, and rsETH already carry supply caps of 0 and are effectively wound down. rsETH already sits at a 0% collateral factor and requires no further change.\n\n## Interest Rate Parameters\n\nAcross all four comets, the supply rate base is already 0%. The proposed changes set both supply rate slopes (below and above the kink) to 0% as well, so that suppliers earn no interest during the deprecation period and the full amount of borrower-paid interest accrues to protocol reserves. All borrow rate parameters and both kinks are left unchanged.\n\n### Polygon USDC Comet\n\n| Parameter | Current | Proposed |\n| ----------------------------- | ------- | -------- |\n| Annual Borrow Rate Base | 1.50% | 1.50% |\n| Annual Borrow Rate Slope Low | 2.7778% | 2.7778% |\n| Borrow Kink | 90% | 90% |\n| Annual Borrow Rate Slope High | 360.00% | 360.00% |\n| Annual Supply Rate Base | 0% | 0% |\n| Annual Supply Rate Slope Low | 3.60% | 0% |\n| Supply Kink | 90% | 90% |\n| Annual Supply Rate Slope High | 319.60% | 0% |\n\n### Polygon USDT Comet\n\n| Parameter | Current | Proposed |\n| ----------------------------- | ------- | -------- |\n| Annual Borrow Rate Base | 1.50% | 1.50% |\n| Annual Borrow Rate Slope Low | 2.7778% | 2.7778% |\n| Borrow Kink | 90% | 90% |\n| Annual Borrow Rate Slope High | 360.00% | 360.00% |\n| Annual Supply Rate Base | 0% | 0% |\n| Annual Supply Rate Slope Low | 3.60% | 0% |\n| Supply Kink | 90% | 90% |\n| Annual Supply Rate Slope High | 319.60% | 0% |\n\n### Unichain USDC Comet\n\n| Parameter | Current | Proposed |\n| ----------------------------- | ------- | -------- |\n| Annual Borrow Rate Base | 1.50% | 1.50% |\n| Annual Borrow Rate Slope Low | 5.00% | 5.00% |\n| Borrow Kink | 90% | 90% |\n| Annual Borrow Rate Slope High | 340.00% | 340.00% |\n| Annual Supply Rate Base | 0% | 0% |\n| Annual Supply Rate Slope Low | 5.40% | 0% |\n| Supply Kink | 90% | 90% |\n| Annual Supply Rate Slope High | 303.40% | 0% |\n\n### Unichain WETH Comet\n\n| Parameter | Current | Proposed |\n| ----------------------------- | ------- | -------- |\n| Annual Borrow Rate Base | 1.00% | 1.00% |\n| Annual Borrow Rate Slope Low | 0.5556% | 0.5556% |\n| Borrow Kink | 90% | 90% |\n| Annual Borrow Rate Slope High | 15.00% | 15.00% |\n| Annual Supply Rate Base | 0% | 0% |\n| Annual Supply Rate Slope Low | 1.50% | 0% |\n| Supply Kink | 90% | 90% |\n| Annual Supply Rate Slope High | 13.50% | 0% |\n\nMore details about the proposal can be found [here](https://www.comp.xyz/t/deprecation-of-polygon-and-unichain-comets/7929)
setBorrowPerYearInterestRateBase(address,uint64)setBorrowPerYearInterestRateSlopeLow(address,uint64)deployAndUpgradeTo(address,address)setBorrowPerYearInterestRateBase(address,uint64)setBorrowPerYearInterestRateSlopeLow(address,uint64)deployAndUpgradeTo(address,address)# Optimism USDC and USDT IRM Updates\n## Summary\n\nGauntlet recommends an update to the interest rate model (IRM) on the Optimism **USDC** and **USDT** comets. The change raises the borrow rate base from 1.5% to 3.0% and flattens the borrow slope below kink, while leaving the supply curve, kink, and high-utilization slope unchanged. This is a deliberate realignment of the revenue mix: it shifts protocol earnings toward interest income and away from reliance on liquidation revenue, and it sharply reduces reserve depletion at the mid-range utilization where these markets spend most of their time.\n\nWe are proposing this as a scoped experiment on the Optimism USDC and USDT comets.\n\n## Recommended parameter changes\n\nApplied to the Optimism USDC and USDT comets:\n\n| Parameter | Current | Recommended |\n| ----------------------------------------- | ------- | ----------- |\n| `borrow_per_year_interest_rate_base` | 1.50% | 3.00% |\n| `borrow_per_year_interest_rate_slope_low` | 0.0278 | 0.011111 |\n\nThe supply side is held entirely constant. The entire effect of this proposal comes from the borrow curve below the kink.\n\nMore details about the proposal can be found [here](https://www.comp.xyz/t/gauntlet-optimism-usdc-and-usdt-irm-updates/7880)
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)# Supply cap Recommendations for rsETH on L2 WETH Comets\n# Summary\n\nThis is the 2nd part of the proposal due to the rsETH exploit that occurred on 18th April'2026. We recommend setting the supply caps to 0 for rsETH on all Compound V3 Comets. This proposal is for . There will be a separate proposal for L2 networks . Any new Borrows on affected comets will be resumed once these caps are set to 0. Request the delegates to get their votes in sooner so that the proposal is not extended  \n\n# Supply Cap Recommendations\n\n| Comet | Asset | Proposed Supply Caps |\n| ------------- | ------ | -------------------- |\n| Optimism WETH | wrsETH | 0 |\n| Unichain WETH | rsETH | 0 |\n| Base WETH | wrsETH | 0 |\n| Arbitrum WETH | rsETH | 0 |\n| Linea WETH | wrsETH | 0 |\n\n## Motivation\n\nMore details and forum discussions can be found in the following posts.\n\n* [Kelp Dao Exploit Discussion](https://www.comp.xyz/t/kelp-daos-rseth-hack-response/7732) 
# Supply cap adjustments for USDe on Mainnet USDC and USDT Comets ## Simple Summary Gauntlet recommends the following supply cap adjustments to the protocol: ## Supply Caps | Status | Comet | Collateral | Supply Cap | | ------------ | ---------------- | ---------- | -------------- | | Current | Mainnet USDC | USDe | 30,000,000 | | **Proposed** | **Mainnet USDC** | **USDe** | **15,000,000** | | Current | Mainnet USDT | USDe | 30,000,000 | | **Proposed** | **Mainnet USDT** | **USDe** | **15,000,000** | ## Motivation Since the initial listing parameter recommendations, the liquidity profile of USDe has changed on Mainnet. Onchain liquidity has declined over the last month with the main DEX pool (Fluid USDe/USDT) reducing by ~$30M. Full details about these changes can be found below [https://www.comp.xyz/t/gauntlet-supply-cap-recommendation-for-usde-on-mainnet-usdc-usdt-comets-2026-02-26/7662](https://www.comp.xyz/t/gauntlet-supply-cap-recommendation-for-usde-on-mainnet-usdc-usdt-comets-2026-02-26/7662)
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
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
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)setBaseTrackingSupplySpeed(address,uint64)setBaseTrackingBorrowSpeed(address,uint64)deployAndUpgradeTo(address,address)setBaseTrackingSupplySpeed(address,uint64)setBaseTrackingBorrowSpeed(address,uint64)deployAndUpgradeTo(address,address)# [Gauntlet] Incentive Optimization Recommendations Tally # 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 USDS | 5→2 | 12.5→9 | | Ethereum USDT | 50→30 | 70→30 | | Etherem WETH | 20→10 | 10→5 | | Mantle USDe | 4→3 | 4→2 | | Optimism USDC | 4→2 | 2.5→1 | | Optimism USDT | 5→2 | 5→1 | Current spend is 522 COMP per day. We recommend reducing that by 177 COMP for a daily spend of 345 COMP. With the current COMP price at $29.45, this equates to $1.9M 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] 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
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. ### 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 | | ezETH | 88% | 90% | 91% | 93% | 6% | 4% | Unichain | | 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*
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***
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***
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***
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)deployAndUpgradeTo(address,address)setBaseTrackingBorrowSpeed(address,uint64)deployAndUpgradeTo(address,address)setBaseTrackingBorrowSpeed(address,uint64)deployAndUpgradeTo(address,address)setBaseTrackingSupplySpeed(address,uint64)setBaseTrackingBorrowSpeed(address,uint64)deployAndUpgradeTo(address,address)setBaseTrackingBorrowSpeed(address,uint64)deployAndUpgradeTo(address,address)setBaseTrackingSupplySpeed(address,uint64)setBaseTrackingBorrowSpeed(address,uint64)deployAndUpgradeTo(address,address)# [Gauntlet] - COMP Rewards Recommendations (Part - 1) ### 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 | | ------| -----------------|----------------------|---------|--------| | Base AERO | 30 | 5 | 30 | 10 | | Mantle USDe | 4 | 0 | 8 | No change | | Mainnet USDS | 25 | 12.5 | 5 | No Change | | Mainnet wstETH | 8 | 6 | 4 | No Change | | Optimism USDC | 5 | 2.5 | 5 | 4 | | Base WETH | 6 | 3 | 0 | 3 | | Base USDC | 13 | No Change | 5 | 7 | | Base USDS | 15 | 5 | 15 | No Change | | Arbitrum USDC | 20 | No Change | 10 | 15 | | Arbitrum USDT | 15 | No Change | 10 | 15 | Note : - The Base USDS recommendations will be implemented in part 2 of recommendations. - The COMP reward adjustments for Polygon are referred in an earlier recommendation (See below). # 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 - 1)](https://www.comp.xyz/t/gauntlet-comp-rewards-recommendations-part-1/6773?u=gauntlet) * [[Gauntlet] - IR Curve and Incentive Recommendations for Stablecoin and WETH Comets](https://www.comp.xyz/t/gauntlet-ir-curve-and-incentive-recommendations-for-stablecoin-and-weth-comets/6038?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***
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***
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***
updateAssetLiquidationFactor(address,address,uint64)deployAndUpgradeTo(address,address)updateAssetLiquidationFactor(address,address,uint64)deployAndUpgradeTo(address,address)updateAssetLiquidateCollateralFactor(address,address,uint64)updateAssetLiquidationFactor(address,address,uint64)deployAndUpgradeTo(address,address)updateAssetLiquidateCollateralFactor(address,address,uint64)updateAssetLiquidationFactor(address,address,uint64)deployAndUpgradeTo(address,address)updateAssetLiquidateCollateralFactor(address,address,uint64)updateAssetLiquidationFactor(address,address,uint64)deployAndUpgradeTo(address,address)updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetLiquidateCollateralFactor(address,address,uint64)updateAssetLiquidationFactor(address,address,uint64)deployAndUpgradeTo(address,address)# [Gauntlet] Risk Parameter Recommendations (02/2025) - V3 Ethereum USDS & V3 Arbitrum USDC/USDT & V3 Polygon USDC/USDT ## Simple Summary ### Specification #### Liquidation Penalty | **Comet** | **Asset** | **Parameter** | **Current Value** | **Recommended Value** | |-------------------------------------|----------|-------------------------|-------------------|-----------------------| | V3 Arbitrum USDC/USDT | WETH | Liquidation Penalty | 5% | 7% | | V3 Optimism USDC/USDT | WETH | Liquidation Penalty | 5% | 7% | | V3 Polygon USDC/USDT | WETH | Liquidation Penalty | 5% | 7% | #### Liquidation Factor | **Comet** | **Asset** | **Parameter** | **Current Value** | **Recommended Value** | |-------------------------------------|----------|-------------------------|-------------------|-----------------------| | V3 Arbitrum USDC/USDT | WETH | Liquidation Factor | 90% | 88% | | V3 Optimism USDC/USDT | WETH | Liquidation Factor | 90% | 88% | #### Collateral Factor | **Comet** | **Asset** | **Parameter** | **Current Value** | **Recommended Value** | |-------------------------------------|----------|-------------------------|-------------------|-----------------------| | V3 Arbitrum USDT | WETH | Collateral Factor | 85% | 83% | | V3 Ethereum USDS | wstETH | Collateral Factor | 82% | 80% | ## Motivation During the market downturn on February 3, 2025, WETH and wstETH collateral remained unsold for extended periods before being liquidated. We advise that Compound introduce a strategic buffer between its Liquidation Penalty (LP) and Liquidation Factor (LF). This buffer not only safeguards users from sudden penalties but also contributes to a more robust risk management framework for Compound. Full proposal and forum discussions can be found in this [post](https://www.comp.xyz/t/gauntlet-risk-parameter-recommendations-02-2025/6400). # 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)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***
# [Gauntlet] - Rewards Top Up for Ethereum, Base and Optimism (10/3/25) Gauntlet recommends adding additional COMP to the reward contracts of Ethereum, Optimism and Arbitrum: | Chain | Reward Amount | |--------------|---------------| | Base | 8,100 | | Optimism | 2,430 | | Ethereum | 32,220 | ### 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 | 1,049 | 23.0 | 45 | | Optimism | 106 | 27.0 | 3 | | Ethereum | 141 | 358 | 0 | | Base | 0 | 90.0 | 0 | | Arbitrum | 6276 | 66 | 95 | For full analyis: - [[Gauntlet] Rewards Contract Top-Up for Ethereum, Base and Optimism (3/10/25)](https://www.comp.xyz/t/gauntlet-rewards-contract-top-up-for-ethereum-base-and-optimism-3-10-25/6470?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.***
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***
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***
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.***
_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.***
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)deployAndUpgradeTo(address,address)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)# [Gauntlet] Supply Cap Recommendations (11/27/24) # Summary Gauntlet recommends the following risk recommendations to the protocol: * Increase Optimism V3 WETH Comet’s wrsETH Supply Cap from 440 to 560. * Increase Mainnet V3 USDT Comet’s sFRAX Supply Cap from 10,000,000 to 20,000,000. * Increase Base V3 WETH Comet’s weETH Supply Cap from 2100 to 4200. * Increase Base V3 USDC Comet’s cbBTC Supply Cap from 90 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 October posts. * [Nov 26 ](https://www.comp.xyz/t/gauntlet-supply-cap-recommendation-proposals/5886/8?u=gauntlet) * [Nov 27 ](https://www.comp.xyz/t/gauntlet-supply-cap-recommendation-proposals/5886/9?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)updateAssetLiquidationFactor(address,address,uint64)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)# [Gauntlet] Risk Parameter Recommendations for LINK and UNI (Oct 2024) - Part Two # Summary Gauntlet recommends the following risk recommendations to the protocol: * 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 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 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. 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***
_grantComp(address,uint256)_grantComp(address,uint256)approve(address,uint256)outboundTransferCustomRefund(address,address,address,uint256,uint256,uint256,bytes)sendMessage(address,bytes,uint32)_grantComp(address,uint256)approve(address,uint256)depositERC20To(address,address,address,uint256,uint32,bytes)setBaseTrackingBorrowSpeed(address,uint64)deployAndUpgradeTo(address,address)# [Gauntlet] - Incentive Recommendations and Rewards Top Up (2024-10-24) Gauntlet recommends the following incentive recommendations | Comet | Current COMP Supply Rewards | Recommended COMP Supply Rewards | Current COMP Borrow Rewards | Recommended COMP Borrow Rewards | | -----| -------| --------| -------|---------| | Ethereum WETH | 35 | No Change | 20 | 15 | | Arbitrum WETH | 6 | No Change | 15 | 10 | | Base WETH | 6 | No Change | 2 | 1 | Along with topping up COMP to the reward contracts for the following chains: | Chain | Reward Amount | |--------------|---------------| | Ethereum | 28,400 | | Optimism | 2,400 | | Arbitrum | 11,700 | For more details please see the full forum posts below: - [[Gauntlet] - WETH Comet IR and Incentive Recommendations (2024-09-27)](https://www.comp.xyz/t/gauntlet-weth-comet-ir-and-incentive-recommendations-2024-09-27/5789/1) - [[Gauntlet] Rewards Contract Top-Up for Ethereum, Arbitrum and Optimism (10/4/24) ](https://www.comp.xyz/t/gauntlet-rewards-contract-top-up-for-ethereum-arbitrum-and-optimism-10-4-24/5836) ***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.***
_setCollateralFactor(address,uint256)_setCollateralFactor(address,uint256)_setCollateralFactor(address,uint256)_setCollateralFactor(address,uint256)_setCollateralFactor(address,uint256)_setCollateralFactor(address,uint256)_setReserveFactor(uint256)_setCollateralFactor(address,uint256)_setCollateralFactor(address,uint256)_setCollateralFactor(address,uint256)# [Gauntlet] Compound v2 Deprecation (10/07/2024) # Summary Gauntlet recommends the following risk recommendations to the protocol: - Decrease **AAVE Collateral Factor** from 18% to **8%** - Decrease **BAT Collateral Factor** from 35% to **34%** - Decrease **LINK Collateral Factor** from 28% to **26%** - Decrease **MKR Collateral Factor** from 23% to **18%** - Decrease **SUSHI Collateral Factor** from 17% to **12%** - Decrease **UNI Collateral Factor** from 50% to **40%** - Decrease **YFI Collateral Factor** from 20% to **10%** - Decrease **ZRX Collateral Factor** from 10% to **0%** - Decrease for **WBTC Collateral Factor** from 70% to **69%** - Increase for **WBTC Reserve Factor** from 20% to **30%** # Motivation This recommendation aims to proceed with Compound v2 comet deprecation. Full proposal and forum discussions can be found [here](https://www.comp.xyz/t/gauntlet-compound-v2-deprecation-10-07-2024/5850) # 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***
setBorrowKink(address,uint64)setBorrowPerYearInterestRateSlopeLow(address,uint64)setBorrowPerYearInterestRateSlopeHigh(address,uint64)setSupplyKink(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)sendMessage(address,bytes,uint32)createRetryableTicket(address,uint256,uint256,address,address,uint256,uint256,bytes)sendMessage(address,bytes,uint32)setBorrowKink(address,uint64)setBorrowPerYearInterestRateSlopeLow(address,uint64)setBorrowPerYearInterestRateSlopeHigh(address,uint64)setSupplyKink(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(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)setBorrowKink(address,uint64)setBorrowPerYearInterestRateBase(address,uint64)setBorrowPerYearInterestRateSlopeLow(address,uint64)setBorrowPerYearInterestRateSlopeHigh(address,uint64)setSupplyKink(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address) x# [Gauntlet] - WETH Comet Recommendations (2024-09-27) # Summary Gauntlet recommends updating the interest rate curves as well as COMP rewards for WETH Comets. For Ethereum, Arbitrum and Optimism: | Parameter | Current Value | Recommended Value | |------------------------------------|---------------|-------------------| | Annual Borrow Interest Rate Base | 0.01 | 0.01 | | Annual Borrow Interest Rate Slope Low | 0.014 | 0.0145 | | Borrow Kink | 0.85 | 0.9 | | Annual Borrow Interest Rate Slope High | 1.15 | 1.5 | | Annual Supply Interest Rate Base | 0 | 0 | | Annual Supply Interest Rate Slope Low | 0.0185 | 0.0165 | | Supply Kink | 0.85 | 0.9 | | Annual Supply Interest Rate Slope High | 1 | 1.2 | For Base: | Parameter | Current Value | Recommended Value | |------------------------------------|---------------|-------------------| | Annual Borrow Interest Rate Base | 0.006 | 0.01 | | Annual Borrow Interest Rate Slope Low | 0.0125 | 0.0145 | | Borrow Kink | 0.85 | 0.9 | | Annual Borrow Interest Rate Slope High | 0.9 | 1.5 | | Annual Supply Interest Rate Base | 0 | 0 | | Annual Supply Interest Rate Slope Low | 0.0115 | 0.0165 | | Supply Kink | 0.85 | 0.9 | | Annual Supply Interest Rate Slope High | 0.8 | 1.2 | This recommendation only includes the following Comets - Ethereum WETH - Arbitrum WETH - Optimism WETH - Base WETH ## Motivation Gauntlet recommends updating the interest rate curve parameters across all WETH comets to incentivize further growth and higher utilization. See the the [full proposal and forum discussion](https://www.comp.xyz/t/gauntlet-weth-comet-ir-and-incentive-recommendations-2024-09-27/5789) 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.***
sendMessage(address,bytes,uint32)createRetryableTicket(address,uint256,uint256,address,address,uint256,uint256,bytes)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)# [Gauntlet] - Supply Cap Recommendations (2024-09-16) # Summary Gauntlet recommends the following risk recommendations to the protocol: - Increase WETH Arbitrum Comet's ezETH Supply cap from 2,500 to 4,000 - Increase WETH Optimism Comet's ezETH supply cap from 400 to 750 # Motivation This recommendation aims to increase supply caps for ezETH on WETH Arbitrum and ezETH on WETH Optimism 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-2024-09-12/5726) and [here](https://www.comp.xyz/t/gauntlet-supply-cap-recommendations-2024-09-16/5731) # 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 USDT 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***
updateAssetLiquidationFactor(address,address,uint64)deployAndUpgradeTo(address,address)sendMessageToChild(address,bytes)sendMessage(address,bytes,uint32)createRetryableTicket(address,uint256,uint256,address,address,uint256,uint256,bytes)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)updateAssetLiquidationFactor(address,address,uint64)deployAndUpgradeTo(address,address)updateAssetLiquidationFactor(address,address,uint64)deployAndUpgradeTo(address,address)updateAssetLiquidationFactor(address,address,uint64)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)updateAssetLiquidationFactor(address,address,uint64)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)updateAssetLiquidationFactor(address,address,uint64)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)# [Gauntlet] - WBTC Risk Recommendations - part 2 (2024-09-10) ## Summary Gauntlet has made the following risk recommendations: - Increase Liquidation Penalty for WBTC from 5% to 10% on WETH Mainnet - Increase Liquidation Penalty for WBTC from 5% to 10% across all L2 Comets - Decrease Supply Cap from 750 to 400 to 750 for WBTC on USDC.e Polygon. - Decrease Supply Cap from 1200 to 1,000 for WBTC on WETH Arbitrum. - Decrease Supply Cap from 2000 to 1,000 for WBTC on USDC Arbitrum. - Decrease Supply Cap from 1200 to 1,000 for WBTC on USDT Arbitrum. - Decrease Supply Cap from 300 to 200 for WBTC on USDC.e Arbitrum. ## Motivation Gauntlet recommends specific adjustments to the liquidation penalty, supply and borrow caps for WBTC on various Comets given the ongoing speculation across BitGo's and BiTGlobal's joint venture surrounding WBTC custody. The recommendations aim to enhance risk management across WBTC collateral. Full proposal and forum discussions can be found here: [WBTC Risk Recommendations](https://www.comp.xyz/t/gauntlet-wbtc-risk-recommendations/5667) ## 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***
_setMarketBorrowCaps(address[],uint256[])updateAssetLiquidationFactor(address,address,uint64)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)updateAssetLiquidationFactor(address,address,uint64)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)# [Gauntlet] - WBTC v3 & v2 Mainnet Risk Recommendations ## Summary Gauntlet has made the following risk recommendations: - Increase Liquidation Penalty for WBTC from 5% to 10% across USDC & USDT Mainnet Comets - Decrease Supply Cap from 18,000 to 10,000 for WBTC on USDC Mainnet. - Decrease Supply Cap from 18,000 to 5,000 for WBTC on USDT Mainnet. - Decrease Borrow Cap from 250 to 100 for WBTC on Eth V2. ## Motivation Gauntlet recommends specific adjustments to the liquidation penalty, supply and borrow caps for WBTC on various Comets given the ongoing speculation across BitGo's and BiTGlobal's joint venture surrounding WBTC custody. The recommendations aim to enhance risk management across WBTC collateral. Full proposal and forum discussions can be found here: [WBTC Risk Recommendations](https://www.comp.xyz/t/gauntlet-wbtc-risk-recommendations/5667) ## 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***
sendMessageToChild(address,bytes)sendMessage(address,bytes,uint32)sendMessage(address,uint256,bytes,uint256)createRetryableTicket(address,uint256,uint256,address,address,uint256,uint256,bytes)sendMessage(address,bytes,uint32)setBorrowPerYearInterestRateBase(address,uint64)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)setBorrowPerYearInterestRateBase(address,uint64)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)setBorrowPerYearInterestRateBase(address,uint64)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)setBorrowPerYearInterestRateBase(address,uint64)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)setBorrowPerYearInterestRateBase(address,uint64)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)# [Gauntlet] Stablecoin IR Recommendations # Summary Gauntlet recommends updating the interest rate curves for Stablecoin Comets. | Parameter | Recommended Value | | --- | --- | | Annual Borrow Interest Rate Base | .015 | | Annual Borrow Interest Rate Slope Low | .0333 | | Borrow Kink | .9 | | Annual Borrow Interest Rate Slope High | 4.0 | | Annual Supply Interest Rate Base | 0 | | Annual Supply Interest Rate Slope Low | .039 | | Supply Kink | .9 | | Annual Supply Interest Rate Slope High | 3.6 | This recommendation only includes the following Comets - Optimism USDC - Optimism USDT - Polygon USDC.e - Polygon USDT - Base USDbC - Base USDC - Arbitrum USDC.e - Arbitrum USDC - Arbitrum USDT - Scroll USDC ## Motivation Gauntlet recommends updating the interest rate curve parameters across all stablecoin comets to incentivize further growth and higher utilization. See the the [full proposal and forum discussion](https://www.comp.xyz/t/gauntlet-interest-rate-curve-recommendations-in-stablecoin-comets-8-22-24/5625) 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)deployAndUpgradeTo(address,address)createRetryableTicket(address,uint256,uint256,address,address,uint256,uint256,bytes)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)# [Gauntlet]- Supply Cap Recommendations (2024-08-20) # Summary Gauntlet recommends the following risk recommendations to the protocol: - Increase WETH Arbitrum Comet’s rsETH Supply Cap from 920 to 3,500 - Increase USDT Ethereum Comet’s wstETH Supply Cap from 9,000 to 15,000 # Motivation This recommendation aims to increase supply caps for rsETH and wstETH on their respective Comets. 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-2024-08-19/5605). # 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***
setBaseTrackingSupplySpeed(address,uint64)deployAndUpgradeTo(address,address)setBaseTrackingSupplySpeed(address,uint64)deployAndUpgradeTo(address,address)createRetryableTicket(address,uint256,uint256,address,address,uint256,uint256,bytes)sendMessage(address,bytes,uint32)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetLiquidateCollateralFactor(address,address,uint64)updateAssetLiquidationFactor(address,address,uint64)updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetLiquidateCollateralFactor(address,address,uint64)updateAssetLiquidationFactor(address,address,uint64)deployAndUpgradeTo(address,address)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetLiquidateCollateralFactor(address,address,uint64)updateAssetLiquidationFactor(address,address,uint64)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)# [Gauntlet] - IO and Risk Recommendations for BASE, Mainnet, and Arbitrum (2024-08-12) # Summary Gauntlet recommends the following incentive changes | Comet | Current Supply Rewards | Recommended Supply Rewards | Current Borrow Rewards | Recommended Borrow Rewards | | ----- | ----------- | --------- | ------- | -------- | |WETH | 70 | 35 | 20 | No Change | |USDC | 151 | 70 | 71 | No Change | Along with the above Gauntlet recommends the following supply cap changes: - Increase USDT Arbitrum wstETH Supply Cap from 5,000 to 10,000 - Increase USDC Arbitrum wstETH Supply Cap from 1,500 to 5,000 - Increase WETH BASE ezETH Supply Cap from 500 to 1,500 - Increase WETH BASE ezETH Collateral Factor from 80% to 88% - Increase WETH BASE ezETH Liquidation Factor from 85% to 91% - Decrease WETH BASE ezETH Liquidation Penalty from 10% to 6% - Increase WETH ARB rsETH Collateral Factor from 80% to 88% - Increase WETH ARB rsETH Liquidation Factor from 85% to 91% - Decrease WETH ARB rsETH Liquidation Penalty from 10% to 4% - Increase WETH ARB weETH Collateral Factor from 85% to 90% - Increase WETH ARB weETH Liquidation Factor from 90% to 93% - Decrease WETH ARB weETH Liquidation Penalty from 5% to 4% # Motivation - Gauntlet is recommending reduction of incentives of Mainnet Comets to follwoing feedback from community and improve "net profitability" of Comets w/o negatively impacting APY competitivenes. Full proposal and forum discussions can be found [here](https://www.comp.xyz/t/request-for-comments-removing-comp-incentives-from-mainnet-markets/5419/4?u=gauntlet). - Gauntlet recommends increasing supply cap for 3 LRT/LST assets to improve capital efficiency. Full proposal and forum discussions can be found [here](https://www.comp.xyz/t/gauntlet-supply-cap-recommendations-2024-08-13/5589). - Following the implementation of Exchange Rate Oracles, Gauntlet recommends adjusting the risk recommendations for the following LRTs to improve captial efficiency. Full proposal and forum discussions can be found [here](https://www.comp.xyz/t/gauntlet-lrt-recommendations-for-mainnet-base-arbitrum-weth-comets/5577). # 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.***
_setReserveFactor(uint256)_setCompSpeeds(address[],uint256[],uint256[])updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)createRetryableTicket(address,uint256,uint256,address,address,uint256,uint256,bytes)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)# [Gauntlet] Risk and IO Parameter Recommendations - (2024-08-06) ## Summary Gauntlet recommends the following parameter adjustments: - Increase WETH Ethereum ezETH Supply Cap from 8,000 to 12,000 - Increase WETH Arbitrum weETH Supply Cap from 6,000 to 12,000 - Increase USDT Reserve Factor from 7.5% to 15% - Reduce DAI Daily Supply Comp Reward from 25 to 0. - Reduce DAI Daily Borrow Comp Reward from 25 to 0. ## Motivation Gauntlet recommends updating the supply caps to incentivize further growth within respective Comets. The Reserve Factor and Comp reward adjustments will motivate v2 users to migrate to v3 markets. For more details, see the full forum posts below: [Compound v2 Deprecation Phase 13 (08/01/2024)](https://www.comp.xyz/t/compound-v2-deprecation-phase-13-08-01-2024/5516) [[Gauntlet] Risk Recommendations (2024-08-06)](https://www.comp.xyz/t/gauntlet-risk-recommendations-2024-08-06/5530) ## 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)_grantComp(address,uint256)approve(address,uint256)outboundTransferCustomRefund(address,address,address,uint256,uint256,uint256,bytes)# [Gauntlet] Rewards Contract Top-Up for Arb and IR Recs for USDT Mainnet and USDC Arbitrum Comets # Summary Gauntlet recommends the following parameter changes: - Add additional COMP to the reward contracts of Arbitrum: | Chain | Reward Amount | | --- | --- | | Arbitrum | 13,000 | - IR Parameter adjsutments for the Arbitrum USDC and Ethereum USDT Comet | Parameter | Recommended Value | | -------------------------------------- | ----------------- | | Annual Borrow Interest Rate Base | 0.015 | | Annual Borrow Interest Rate Slope Low | 0.05 | | Borrow Kink | 0.9 | | Annual Borrow Interest Rate Slope High | 4 | | Annual Supply Interest Rate Base | 0 | | Annual Supply Interest Rate Slope Low | 0.052 | | Supply Kink | 0.9 | | Annual Supply Interest Rate Slope High | 3.6 | For more details, see the full forum posts below: - [[Gauntlet] Interest Rate Curve Recommendations in Stablecoin Comets (7/19/24)](https://www.comp.xyz/t/gauntlet-interest-rate-curve-recommendations-in-stablecoin-comets-7-19-24/5450) - [[Gauntlet] Rewards Contract Top-Up for Arbitrum](https://www.comp.xyz/t/gauntlet-rewards-contract-top-up-for-arbitrum/5474) ***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)sendMessageToChild(address,bytes)createRetryableTicket(address,uint256,uint256,address,address,uint256,uint256,bytes)sendMessage(address,bytes,uint32)updateAssetSupplyCap(address,address,uint128)setBorrowPerYearInterestRateSlopeLow(address,uint64)setBorrowPerYearInterestRateSlopeHigh(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)deployAndUpgradeTo(address,address)updateAssetSupplyCap(address,address,uint128)updateAssetSupplyCap(address,address,uint128)updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetLiquidateCollateralFactor(address,address,uint64)updateAssetLiquidationFactor(address,address,uint64)updateAssetSupplyCap(address,address,uint128)updateAssetSupplyCap(address,address,uint128)setBaseTrackingBorrowSpeed(address,uint64)deployAndUpgradeTo(address,address)updateAssetSupplyCap(address,address,uint128)updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetLiquidateCollateralFactor(address,address,uint64)updateAssetSupplyCap(address,address,uint128)updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetLiquidateCollateralFactor(address,address,uint64)updateAssetSupplyCap(address,address,uint128)setBaseTrackingBorrowSpeed(address,uint64)setBorrowPerYearInterestRateSlopeLow(address,uint64)setBorrowPerYearInterestRateSlopeHigh(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetLiquidateCollateralFactor(address,address,uint64)updateAssetLiquidationFactor(address,address,uint64)setBaseTrackingSupplySpeed(address,uint64)setBaseTrackingBorrowSpeed(address,uint64)setBorrowKink(address,uint64)setBorrowPerYearInterestRateSlopeLow(address,uint64)setBorrowPerYearInterestRateSlopeHigh(address,uint64)setSupplyKink(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)# [Gauntlet] - Risk and IO Recommendations for Arb USDT, Arb WETH, Polygon USDT, Mainnet WETH, and BASE USDC # Summary **Risk Recommendations** | Comet | Parameter | Current Value | Recommend Value | | --- | --- | --- | --- | | Polygon USDT | WBTC Supply Cap | 90 | 180 | | BASE USDC | WETH Collateral Factor | 80% | 85% | | BASE USDC | cbETH Collateral Factor | 75% | 80% | | BASE USDC | cbETH Liquidation Factor | 80% | 85% | | BASE USDC | cbETH Liquidation Penalty | 15% | 10% | | ETH WETH | cbETH Supply Cap | 40,000 | 10,000 | | ETH WETH | ezETH Supply Cap | 2,900 | 8,000 | | ARB USDT | WBTC Supply Cap | 250 | 1,200 | | ARB USDT | WETH Collateral Factor | 78% | 85% | | ARB USDT | WETH Liquidation Factor | 85% | 90% | | ARB USDT | WETH Supply Cap | 7,500 | 20,000 | | ARB USDT | wstETH Collateral Factor | 70% | 80% | | ARB USDT | wstETH Liquidation Factor | 80% | 85% | | ARB USDT | wstETH Supply Cap | 1,500 | 5,000 | | ARB WETH | WBTC Supply Cap | 300 | 1,200 | | ARB WETH | rETH Supply Cap | 800 | 4500 | | ARB WETH | weETH Collateral Factor | 82% | 85% | | ARB WETH | weETH Liquidation Factor | 87% | 90% | | ARB WETH | weETH Supply Cap | 550 | 6,000 | | ARB WETH | weETH Liquidation Penalty | 8% | 5% | | ARB WETH | wstETH Supply Cap | 2,000 | 10,000 | **Incentive Recommendations** | Comet | Parameter | Current Value | Recommend Value | | --- | --- | --- | --- | | BASE USDC | Daily Borrow Rewards | 8 | 5 | | BASE USDC | Daily Supply Rewards | 20 | 13 | | ARB USDT | Daily COMP Borrow | 10 | 30 | | ARB WETH | Daily COMP Borrow | 4 | 15 | **IR Recommendations for Arb USDT, Polygon USDT, and BASE USDC** | Parameter | Recommended Value | | --- | --- | | Annual Borrow Interest Rate Base | .015 | | Annual Borrow Interest Rate Slope Low | .05 | | Borrow Kink | .9 | | Annual Borrow Interest Rate Slope High | 4.0 | | Annual Supply Interest Rate Base | 0 | | Annual Supply Interest Rate Slope Low | .052 | | Supply Kink | .9 | | Annual Supply Interest Rate Slope High | 3.6 | ## Motivation Gauntlet recommends these parameter updates to improve capital efficiency within the Comets. The IR recommendations are being proposed for all stablecoins in order to incentivize growth and increase utilization. The risk and rewards recommendations for ARB Comets are meant to improve collateral liquidity and capture incentivized growth. Full proposal and forum discussions can be found at the following links: - [**[Gauntlet] Arbitrum USDT/WETH Comet - Risk & Incentive Recommendations (7/19/2024)**](https://www.comp.xyz/t/gauntlet-arbitrum-usdt-weth-comet-risk-incentive-recommendations-7-19-2024/5454) - [**[Gauntlet] BASE USDC Comet Risk and IO Recommendations**](https://www.comp.xyz/t/gauntlet-base-usdc-comet-risk-and-io-recommendations/5438) - [**[Gauntlet] Polygon USDT Comet Risk Recommendations**](https://www.comp.xyz/t/gauntlet-polygon-usdt-comet-risk-recommendations/5457) - [**[Gauntlet] Ethereum WETH Comet Risk Recommendations**](https://www.comp.xyz/t/gauntlet-ethereum-weth-comet-risk-recommendations/5456) - [**[Gauntlet] Interest Rate Curve Recommendations in Stablecoin Comets (7/19/24)**](https://www.comp.xyz/t/gauntlet-interest-rate-curve-recommendations-in-stablecoin-comets-7-19-24/5450) ## 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)updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetLiquidateCollateralFactor(address,address,uint64)updateAssetSupplyCap(address,address,uint128)setBaseTrackingBorrowSpeed(address,uint64)setBorrowPerYearInterestRateBase(address,uint64)setBorrowPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address) :# [Gauntlet] - Arbitrum USDC - Risk, Incentive, and Interest Rate Curve Recommendations # Simple Summary Gauntlet recommends the following parameter updates for the **Arbitrum USDC comet**: ### Risk Recommendations | **Parameter** | **Current Value** | **Recommended Value** | | ----------------------- | ----------------- | --------------------- | | WETH Supply Cap | 10,000 | 40,000 | | WETH Liquidation Factor | 85% | 90% | | WETH Collateral Factor | 78% | 83% | | WBTC Supply Cap | 1,200 | 2,000 | ### Interest Rate Curve Recommendations | Parameter | Current Value | Recommended Value | | -------------------------------------- | ------------- | ----------------- | | Annual Borrow Interest Rate Base | .015 | 0.0136 | | Annual Borrow Interest Rate Slope Low | .0833 | 0.0626 | | Borrow Kink | 0.9 | 0.9 | | Annual Borrow Interest Rate Slope High | 4.3 | 4.3 | | Annual Supply Interest Rate Base | 0 | 0 | | Annual Supply Interest Rate Slope Low | .075 | 0.062 | | Supply Kink | 0.9 | 0.9 | | Annual Supply Interest Rate Slope High | 3.6 | 3.94 | ### COMP Distribution Recommendations | Parameter | Current Value | Recommended Value | | ----------------- | ------------- | ----------------- | | Daily COMP Supply | 17 | 17 | | Daily COMP Borrow | 8 | 50 | ## Motivation Gauntlet recommends updating the risk, incentive, and interest rate curve parameters in the Arbitrum USDC comet to further incentivize growth at higher utilization. [Full proposal and forum discussion](https://www.comp.xyz/t/gauntlet-arbitrum-usdc-risk-incentive-and-interest-rate-curve-recommendations-7-12-2024/5418) ## 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)setBaseBorrowMin(address,uint104)setBaseMinForRewards(address,uint104)deployAndUpgradeTo(address,address)# [Gauntlet] - WETH Arbitrum v3 Global Param Updates ## Simple Summary Gauntlet recommends the following Comet parameter updates for the Arbitrum WETH comet: - Decrease Base Borrow Min from 0.1 WETH to 0.000001 WETH - Decrease Base Min for Rewards from 1000 WETH to 100 WETH ## Motivation Gauntlet recommends to adjust these params to match the setting on Base WETH Comet. The adjustment to lower BASE Borrow Min will allow users to borrow lower amounts of WETH and Base Min Rewards the adjustment will allow the incentives to kick off earlier within the market. [Full proposal and forum discussion](https://www.comp.xyz/t/add-eth-market-on-arbitrum/5252/11?u=gauntlet) ## Specification The proposal updates the setBaseBorrowMin and setBaseMinForRewards 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)setBaseBorrowMin(address,uint104)setBaseMinForRewards(address,uint104)deployAndUpgradeTo(address,address)# [Gauntlet] - WETH Arbitrum v3 Global Param Updates # Simple Summary Gauntlet recommends the following Comet parameter updates for the **Arbitrum WETH comet**: - Decrease Base Borrow Min from 0.1 WETH to 0.000001 WETH - Decrease Base Min for Rewards from 1000 WETH to 100 WETH ## Motivation Gauntlet recommends to adjust these params to match the setting on Base WETH Comet. The adjustment to lower BASE Borrow Min will allow users to borrow lower amounts of WETH and Base Min Rewards the adjustment will allow the incentives to kick off earlier within the market. [Full proposal and forum discussion](https://www.comp.xyz/t/add-eth-market-on-arbitrum/5252/2) ## Specification The proposal updates the setBaseBorrowMin and setBaseMinForRewards 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)setBaseTrackingSupplySpeed(address,uint64)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] Interest Rate and Rewards Recommendation for WETH Comet on BASE (06/03/2024) ## Simple Summary Gauntlet recommends the IR Curve and Rewards Adjustments to BASE WETH Comet: | Parameter | Current Value | Recommended Value | | --- | --- | --- | | Annual Supply Interest Rate Base | 0 | 0 | | Annual Supply Interest Rate Slope Low | .015 | 0.0115 | | Supply Kink | .9 | .85 | | Annual Supply Interest Rate Slope High | .9 | .8 | | Annual Borrow Interest Rate Base | .005 | .006 | | Annual Borrow Interest Rate Slope Low | .0155 | 0.0125 | | Borrow Kink | .9 | .85 | | Annual Borrow Interest Rate Slope High | 1 | .9 | | Comets | Daily COMP Supply Rewards (Tokens) | Recommended Daily COMP Supply Rewards (Tokens) | Daily COMP Borrow Rewards (Tokens) | Recommended Daily COMP Borrow Rewards (Tokens) | | --- | --- | --- | --- | --- | | Compound v3 WETH (BASE) | 10 | 6 | 2 | 2 | ## Motivation Gauntlet recommends adjusting the Interest Rate Curve in the BASE v3 WETH comet to increase utilization and prevent further negative reserve growth. [Full proposal and forum discussion](https://www.comp.xyz/t/gauntlet-base-and-ethereum-v3-weth-comets-interest-rate-curve-reward-recommendations-5-30-24/5291) ## Specification The proposal updates the the supply/borrow per year interest rate high slope, and the borrow/supply per year interest rate low slope, borrow per year interest rate base, borrow/supply kink, setBaseTrackingBorrowSpeed and setBaseTrackingSupplySpeed 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)_grantComp(address,uint256)approve(address,uint256)outboundTransferCustomRefund(address,address,address,uint256,uint256,uint256,bytes)# [Gauntlet] Rewards Contract Top-Up for BASE, Ethereum, and Arbitrum (05/27/24) ## Simple Summary Gauntlet recommends adding COMP to the reward contracts of Base, Ethereum, and Arbitrum: | Chain | Reward Amount | | --- | --- | | Ethereum | 28,000 | | Base | 3,600 | | Arbitrum | 2,250 | For more details, see the full forum post [here](https://www.comp.xyz/t/gauntlet-rewards-contract-top-up-for-base-ethereum-and-arbitrum-05-24-24/5278). <sub> 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. </sub>
_grantComp(address,uint256)transfer(address,uint256)acceptOwnership()acceptOwnership()acceptOwnership()# Aera for Compound Service Provider Payments **Simple summary** We propose a standard payment process to be followed by all service vendors of the Compound DAO. This new process utilizes on-chain protocols, Aera Vault and LlamaPay, to setup long-term payment streams in USDC that reduces both price-risk for vendors and governance overhead for DAO voters. This has the added benefit of improving the financial position of the DAO treasury allocated to future service costs by supplying liquidity to cUSDCv3 that earns additional yield. We propose using an Aera vault as a mechanism for vendors to receive payments in stablecoins while also providing liquidity for key Compound markets for unvested payment streams. Specifically we propose: 1. Creating an Aera vault owned by Compound Governance that deposits a lump sum of COMP based on current annual expense needs plus an additional buffer to hedge for price fluctuations 2. The Aera vault will diversify out of COMP and into USDC using onchain vehicles like UniV3, Bebop, and Milkman 3. USDC will be deposited into the Compound III ETH-USDC comet as cUSDCv3 to generate yield on the holdings while providing liquidity to the market 4. Payment streams will be set up per vendor that uses the Aera vault as a source and the Vendor’s multisig as a sink transferring USDC to meet Compound vendor payment obligations. 5. On a yearly cadence the Aera vault will be topped up with COMP via Compound governance. This proposal will enable the first three steps by initializing an Aera vault and funding it with COMP. Payment streams to vendors will be initiated through future proposals. This is a non custodial vault, where the Compound Governor Bravo Timelock is the owner of the vault (and thus governance votes can initiate withdraw/deposit requests at any time). Gauntlet will be the guardian for this vault. [Full forum post](https://www.comp.xyz/t/proposal-aera-for-compound-service-provider-payments/5226/1) ****************************Specification**************************** This proposal will: 1. acceptOwnership of the Aera vault, hooks module, and asset registry 2. \_grantComp to the Compound Timelock address 3. transfer COMP to the vault 4. resume the vault, allowing the guardian to operate
setBaseTrackingSupplySpeed(address,uint64)setBaseTrackingBorrowSpeed(address,uint64)deployAndUpgradeTo(address,address)sendMessage(address,bytes,uint32)setBaseTrackingSupplySpeed(address,uint64)setBaseTrackingBorrowSpeed(address,uint64)deployAndUpgradeTo(address,address)# [Gauntlet] BASE and Ethereum v3 WETH Comet IO Recommendations (2024-04-29) # Simple Summary Gauntlet recommends the following incentive adjustments to WETH Comets on Ethereum and Base: |Comets|Daily COMP Supply Rewards (Tokens)|Recommended Daily COMP Supply Rewards (Tokens)|Daily COMP Borrow Rewards (Tokens)|Recommended Daily COMP Borrow Rewards (Tokens)| |---|---|---|---|---| |Compound v3 WETH (Ethereum)|70|70|0|20| |Compound v3 WETH (BASE)|15|10|0|2| # Motivation Gauntlet recommends incentive adjustments to the WETH Comets in order to improve utilization of WETH within those Comets. [Full proposal and forum discussion](https://www.comp.xyz/t/gauntlet-io-recommendations-for-weth-comets-on-base-and-eth-mainnet/5194) # Specification This proposal updates the `setBaseTrackingBorrowSpeed` and `setBaseTrackingSupplySpeed` in the BASE and Ethereum v3 BASE Comet *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.*
_setCollateralFactor(address,uint256)_setCollateralFactor(address,uint256)_setCollateralFactor(address,uint256)_setCollateralFactor(address,uint256)_setCollateralFactor(address,uint256)_setCollateralFactor(address,uint256)_setCollateralFactor(address,uint256)_setCollateralFactor(address,uint256)_setCollateralFactor(address,uint256)# [Gauntlet] Compound v2 Deprecation Phase 11 (2024-04-22) ## Simple Summary For Phase 11 of the Compound v2 deprecation, Gauntlet recommends decreasing the Collateral Factor for v2 collateral assets. Specifically, Gauntlet recommends the following changes: - Decrease **AAVE Collateral Factor** from 38% to **33%** - Decrease **BAT Collateral Factor** from 45% to **40%** - Decrease **COMP Collateral Factor** from 25% to **20%** - Decrease **LINK Collateral Factor** from 44% to **39%** - Decrease **MKR Collateral Factor** from 38% to **33%** - Decrease **SUSHI Collateral Factor** from 32% to **27%** - Decrease **UNI Collateral Factor** from 75% to **70%** - Decrease **YFI Collateral Factor** from 40% to **35%** - Decrease **ZRX Collateral Factor** from 30% to **25%** For more details, see the full forum post [here](https://www.comp.xyz/t/gauntlet-compound-v2-deprecation-phase-11-04-12-2024/5163). ## Motivation In this September 2022 snapshot vote, the community voted that each asset’s Collateral Factor may be reduced by an absolute percentage of up to 5%. After our analysis, Gauntlet recommends this max 5% decrease for each stated collateral asset in order to further deprecate the v2 market. [Full proposal and forum discussion](https://www.comp.xyz/t/gauntlet-compound-v2-deprecation-phase-11-04-12-2024/5163) ## Specification The proposal updates the parameters using the _setCollateralFactor method of the relevant cToken contracts. <sub>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.<sub>
createRetryableTicket(address,uint256,uint256,address,address,uint256,uint256,bytes)updateAssetLiquidationFactor(address,address,uint64)updateAssetLiquidationFactor(address,address,uint64)deployAndUpgradeTo(address,address)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)deployAndUpgradeTo(address,address)# [Gauntlet] Arbitrum v3 - Risk Recommendations (2024-04-15) ## Simple Summary Gauntlet recommends the following risk parameter updates for the **Arbitrum v3 USDC Native comet**: - Increase GMX Supply Cap from 100,000 to 120,000 - Increase GMX Liquidation Factor from 60% to 75% - Increase GMX Collateral Factor from 50% to 60% - Increase GMX Liquidation Penalty from 7% to 15% - Increase WBTC Liquidation Factor from 77% to 85% - Increase WBTC Collateral Factor from 70% to 75% - Increase WBTC Liquidation Penalty from 5% to 8% Gauntlet recommends the following risk parameter updates for the **Arbitrum v3 USDC.e Comet**: - Increase WBTC Liquidation Penalty from 5% to 8% - Increase GMX Liquidation Penalty from 7% to 15% For more details, see the full forum post [here](https://www.comp.xyz/t/arbitrum-v3-risk-recommendations-04-09-2024/5155). # Motivation Gauntlet recommends parameter updates for the Collateral Factor, Liquidation Factor, Supply Cap, and Liquidation Penalty across two Comets to mitigate risk and increase capital efficiency. [Full proposal and forum discussion](https://www.comp.xyz/t/arbitrum-v3-risk-recommendations-04-09-2024/5155) # Specification This proposal updates the relevant parameters in the Arbitrum v3 USDC Native and Arbitrum v3 USDC.e *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)setBaseTrackingSupplySpeed(address,uint64)setBorrowPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)# [Gauntlet] Base V3 WETH Comets - Interest Rate Curve & Reward Recommendations (04/01/24) ## Simple Summary A proposal from Gauntlet to adjust IR Curve and Incentives to Compound III WETH (BASE): | Markets | Daily COMP Supply Rewards (Tokens) | Recommended Daily COMP Supply Rewards (Tokens) | | ------------------------ | ---------------------------------- | ---------------------------------------------- | | Compound III WETH (BASE) | 20 | 15 | | Parameter | Current Value |Recommended Value | |-----------------------------------------|-------------------|-------------------| | Annual Supply Interest Rate Base | 0 |0 | | Annual Supply Interest Rate Slope Low | .025 |.015 | | Supply Kink | .9 |.9 | | Annual Supply Interest Rate Slope High | 1 | .9 | | Annual Borrow Interest Rate Base | .005 | .005 | | Annual Borrow Interest Rate Slope Low | .035 |.0155 | | Borrow Kink | .9 |.9| | Annual Borrow Interest Rate Slope High | 1 |1| ## Motivation Given the low utilization of the WETH Comet on BASE, Gauntlet proposes updating the IR curves and incentives to increase capital efficiency. [Full proposal and forum discussion](https://www.comp.xyz/t/gauntlet-base-v3-weth-comets-interest-rate-curve-reward-recommendations-3-18-24/5072) ## Specification The proposal updates the base tracking supply speeds, the supply per year interest rate high slope, and the borrow/supply per year interest rate low slope 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.***
_setReserveFactor(uint256)_setReserveFactor(uint256)_setReserveFactor(uint256)_setReserveFactor(uint256)_setReserveFactor(uint256)# [Gauntlet] 2024-03-18: Compound v2 Deprecation (Phase 10) - Part 2 # Simple Summary For Phase 10 of the v2 deprecation, Gauntlet recommends the following reserve factor adjustments: | Symbol | Current Reserve Factor | Recommended Reserve Factor | | --- | --- | --- | | MKR | 25.00% | 50.00% | | ZRX | 25.00% | 50.00% | | YFI | 25.00% | 50.00% | | AAVE | 25.00% | 50.00% | **This is Gauntlet's 2nd part of their Phase 10 deprecation per this [post](https://www.comp.xyz/t/gauntlet-v2-deprecation-phase-10-2-27-24/5025) on Feb 27th. The limiting number of transactions per proposal via Compound goverance requires Gauntlet to break this proposal into 2 parts.** ## Motivation In this September 2022 snapshot vote, the community voted to start deprecating certain assets on the Compound v2 markets. After our analysis, Gauntlet recommends the following reserve factor adjustments to further deprecate the v2 market. [Full proposal and forum discussion](https://www.comp.xyz/t/gauntlet-v2-deprecation-phase-10-2-27-24/5025) <sub> 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. <sub>
_setReserveFactor(uint256)_setReserveFactor(uint256)_setReserveFactor(uint256)_setReserveFactor(uint256)_setReserveFactor(uint256)# [Gauntlet] 2024-03-18: Compound v2 Deprecation (Phase 10) - Part 2 # Simple Summary For Phase 10 of the v2 deprecation, Gauntlet recommends the following reserve factor adjustments: | Symbol | Current Reserve Factor | Recommended Reserve Factor | | --- | --- | --- | | MKR | 25.00% | 50.00% | | ZRX | 25.00% | 50.00% | | YFI | 25.00% | 50.00% | | AAVE | 25.00% | 50.00% | **This is Gauntlet's 2nd part of their Phase 10 deprecation per this [post](https://www.comp.xyz/t/gauntlet-v2-deprecation-phase-10-2-27-24/5025) on Feb 27th. The limiting number of transactions per proposal via Compound goverance requires Gauntlet to break this proposal into 2 parts.** ## Motivation In this September 2022 snapshot vote, the community voted to start deprecating certain assets on the Compound v2 markets. After our analysis, Gauntlet recommends the following reserve factor adjustments to further deprecate the v2 market. [Full proposal and forum discussion](https://www.comp.xyz/t/gauntlet-v2-deprecation-phase-10-2-27-24/5025) <sub> 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. <sub>
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