0xdd659911…9abcsent to0x683a4f99…6c02·#19,769,599·view on Etherscan
setStoreFrontPriceFactor(address,uint64)deployAndUpgradeTo(address,address)sendMessage(address,bytes,uint32)setStoreFrontPriceFactor(address,uint64)deployAndUpgradeTo(address,address)# [Gauntlet] - BASE and Ethereum v3 WETH Comet Risk Recommendations on (2024-04-29)
# Simple Summary
Gauntlet Recommends to adjust the **Store Front Price Factor for both WETH Comets on BASE and Ethereum:**
- Decrease BASE WETH’s Store Front Price Factor from 100% to 70%.
- Decrease Ethereum WETH’s Store Front Price Factor from 100% to 70%.
# Motivation
Gauntlet recommends reducing the StoreFrontPriceFactors for WETH Comets to 70%. Decreasing the Store Front Price Factor provides further reserve buffer to protocol during liquidation events.
[Full proposal and forum discussion](https://www.comp.xyz/t/gauntlet-weth-comet-recommendations-on-base-ethereum-2024-04-10/5160)
# Specification
This proposal updates the `setStoreFrontPriceFactor` 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.*