0x6b62d6c9…5a4csent to0x683a4f99…6c02·#19,563,674·view on Etherscan
sendMessageToChild(address,bytes)updateAssetLiquidationFactor(address,address,uint64)updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetLiquidateCollateralFactor(address,address,uint64)updateAssetLiquidationFactor(address,address,uint64)updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetLiquidateCollateralFactor(address,address,uint64)updateAssetLiquidateCollateralFactor(address,address,uint64)updateAssetLiquidationFactor(address,address,uint64)updateAssetLiquidationFactor(address,address,uint64)deployAndUpgradeTo(address,address)# [Gauntlet] Polygon USDC.e Risk Recommendations (04/01/2024)
# Simple Summary
Gauntlet recommends the following risk parameter updates for the Polygon **v3 USDC.e comet**:
- Increase WBTC Liquidation Factor from 75% to 85%
- Increase WBTC Collateral Factor from 70% to 75%
- Increase WBTC Liquidation Penalty from 5% to 10%
- Increase MATIC Liquidation Factor from 70% to 80%
- Increase MATIC Liquidation Penalty from 7% to 10%
- Increase stMATIC Liquidation Penalty from 15% to 20%
- Increase MATICx Liquidation Penalty from 15% to 20%
- Increase WETH Liquidation Factor from 82.5% to 85%
- Increase WETH Collateral Factor from 77.5% to 80%
For more details, see the full forum post [here](https://www.comp.xyz/t/gauntlet-polygon-usdc-e-risk-recommendations-03-25-2024/5102).
# Motivation
Gauntlet recommends the following risk parameters improve capital efficiency on the protocol and manage risk exposure to the Comet.
[Full proposal and forum discussion](https://www.comp.xyz/t/gauntlet-polygon-usdc-e-risk-recommendations-03-25-2024/5102)
# Specification
This proposal updates the relevant parameters in the Polygon v3 USDC.e 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.*