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Memo 0x431ebf44…fc71ba on Ethereum

0xdd659911…9abcsent to0x683a4f99…6c02·#15,031,331·view on Etherscan
_setCollateralFactor(address,uint256)_setCollateralFactor(address,uint256) H# Risk Parameter Updates for 2 Collateral Assets ## Simple Summary A proposal to adjust two (2) parameters for two (2) Compound assets. ## Background Gauntlet's simulation engine has ingested the latest market and liquidity data following the recent market crash. This proposal is a batch update of risk parameters to align with the [Moderate risk level](https://www.comp.xyz/t/community-risk-level-consensus-check/2437) chosen by the Compound community. These parameter updates are the thirteenth of Gauntlet's regular parameter recommendations as part of [Dynamic Risk Parameters](https://www.comp.xyz/t/dynamic-risk-parameters/2223/16). [Full proposal and forum discussion](https://www.comp.xyz/t/risk-parameter-updates-2022-06-15/3323) ## Motivation and Specification This set of parameter updates seeks to maintain the overall risk tolerance of the protocol while making risk trade-offs between specific assets. Our parameter recommendations are driven by an optimization function that balances 3 core metrics: insolvencies, liquidations, and borrow usage. Our parameter recommendations seek to optimize for this objective function. For more details, please see [Gauntlet's Parameter Recommendation Methodology](https://medium.com/gauntlet-networks/gauntlets-parameter-recommendation-methodology-8591478a0c1c) and [Gauntlet's Model Methodology](https://medium.com/gauntlet-networks/gauntlets-model-methodology-ea150ff0bafd). ![](https://i.imgur.com/OgUgsJe.png) ## Dashboard Gauntlet has launched the [Compound Risk Dashboard](https://gov.gauntlet.network/compound). The community should use the Dashboard to understand better the updated parameter suggestions and general market risk in Compound. Value at Risk represents the 95th percentile **insolvency value** that occurs from simulations we run over a range of volatilities to approximate a tail event. Liquidations at Risk represents the 95th percentile **liquidation volume** that occurs from simulations we run over a range of volatilities to approximate a tail event. These parameter changes increase borrow usage by 11 basis points with no change in Value at Risk or Liquidations at Risk. ![](https://i.imgur.com/M9SRF2g.png) *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.*
unknown sendersent to0xc0da0293…6529·#15,031,331·view on Etherscan
_setCollateralFactor(address,uint256)_setCollateralFactor(address,uint256) H# Risk Parameter Updates for 2 Collateral Assets ## Simple Summary A proposal to adjust two (2) parameters for two (2) Compound assets. ## Background Gauntlet's simulation engine has ingested the latest market and liquidity data following the recent market crash. This proposal is a batch update of risk parameters to align with the [Moderate risk level](https://www.comp.xyz/t/community-risk-level-consensus-check/2437) chosen by the Compound community. These parameter updates are the thirteenth of Gauntlet's regular parameter recommendations as part of [Dynamic Risk Parameters](https://www.comp.xyz/t/dynamic-risk-parameters/2223/16). [Full proposal and forum discussion](https://www.comp.xyz/t/risk-parameter-updates-2022-06-15/3323) ## Motivation and Specification This set of parameter updates seeks to maintain the overall risk tolerance of the protocol while making risk trade-offs between specific assets. Our parameter recommendations are driven by an optimization function that balances 3 core metrics: insolvencies, liquidations, and borrow usage. Our parameter recommendations seek to optimize for this objective function. For more details, please see [Gauntlet's Parameter Recommendation Methodology](https://medium.com/gauntlet-networks/gauntlets-parameter-recommendation-methodology-8591478a0c1c) and [Gauntlet's Model Methodology](https://medium.com/gauntlet-networks/gauntlets-model-methodology-ea150ff0bafd). ![](https://i.imgur.com/OgUgsJe.png) ## Dashboard Gauntlet has launched the [Compound Risk Dashboard](https://gov.gauntlet.network/compound). The community should use the Dashboard to understand better the updated parameter suggestions and general market risk in Compound. Value at Risk represents the 95th percentile **insolvency value** that occurs from simulations we run over a range of volatilities to approximate a tail event. Liquidations at Risk represents the 95th percentile **liquidation volume** that occurs from simulations we run over a range of volatilities to approximate a tail event. These parameter changes increase borrow usage by 11 basis points with no change in Value at Risk or Liquidations at Risk. ![](https://i.imgur.com/M9SRF2g.png) *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.*