0x93738d2a…658asent to0x683a4f99…6c02·#18,715,720·view on Etherscan
_setCollateralFactor(address,uint256)_setCollateralFactor(address,uint256)_setCollateralFactor(address,uint256)_setCollateralFactor(address,uint256)_setCollateralFactor(address,uint256)_setCollateralFactor(address,uint256)_setCollateralFactor(address,uint256)_setMarketBorrowCaps(address[],uint256[])# [Gauntlet] 2023-12-04: Compound v2 Deprecation (Phase 5)
## Simple Summary
A proposal from Gauntlet to adjust 8 Compound v2 risk parameters for Phase 4 of the Compound v2 Deprecation.
Gauntlet recommends the following changes:
* Decrease **cAAVE Collateral Factor** from 58% to **53%**
* Decrease **cCOMP Collateral Factor** from 45% to **40%**
* Decrease **cLINK Collateral Factor** from 64% to **59%**
* Decrease **cMKR Collateral Factor** from 58% to **53%**
* Decrease **cSUSHI Collateral Factor** from 52% to **47%**
* Decrease **cYFI Collateral Factor** from 60% to **55%**
* Decrease **cZRX Collateral Factor** from 50% to **45%**
* Decrease **cWBTC2 Borrow Cap** to **250**
For more details, see the full forum post [here]( https://www.comp.xyz/t/gauntlet-compound-v2-deprecation-phase-5-11-29-23/4857 ).
## Motivation
In this [September 2022 snapshot vote](https://snapshot.org/#/comp-vote.eth/proposal/bafkreiar7qfbmmabclsogilncy542cyenehjulmdhhewuzojdooer4tnje), 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 lowly supplied collateral asset in order to further deprecate the v2 market.
Additionally, this proposal decreases the cWBTC2 Borrow Cap to 250.
[Full proposal and forum discussion](https://www.comp.xyz/t/gauntlet-compound-v2-deprecation-phase-5-11-29-23/4857)
## Specification
The proposal updates the parameters using the `_setCollateralFactor` methods of the relevant cToken contracts and the `_setMarketBorrowCaps` method of the Comptroller contract.
*By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.network/tos.*