0xf603265f…fc18sent to0x683a4f99…6c02·#19,614,759·view on Etherscan
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] Ethereum v3 WETH - Interest Rate Curve Recommendations (04/08/2024)
## Simple Summary
A proposal from Gauntlet to adjust IR Curve for Compound III WETH on Mainnet:
| Parameter | Current | Recommended |
| --- | --- | --- |
| Annual Borrow Interest Rate Base | 0.005 | 0.01 |
| Annual Borrow Interest Rate Slope Low | 0.030 | 0.014 |
| Borrow Kink | 0.9 | 0.85 |
| Annual Borrow Interest Rate Slope High | 1.0 | 0.53 |
| Annual Supply Interest Rate Base | 0 | 0 |
| Annual Supply Interest Rate Slope Low | 0.023 | 0.0185 |
| Supply Kink | 0.9 | 0.85 |
| Annual Supply Interest Rate Slope High | 1.0 | 0.45 |
## Motivation
Gauntlet recommends adjusting the Interest Rate Curve in the Ethereum v3 WETH comet to increase utilization and reserve growth.
[Full proposal and forum discussion](https://www.comp.xyz/t/gauntlet-ethereum-v3-weth-interest-rate-curve-recommendations-04-03-24/5134)
## 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 and borrow/supply kink 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.***