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Memo 0x6678f569…de2977 on Ethereum

updateAssetLiquidationFactor(address,address,uint64)deployAndUpgradeTo(address,address)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)updateAssetSupplyCap(address,address,uint128)deployAndUpgradeTo(address,address)# [Gauntlet] - Risk Recommendations ## Simple Summary Gauntlet recommends the following risk recommendations to the protocol: * Increase Mainnet V3 USDT Comet’s tBTC Supply Cap from 285 to 360 * Increase Mainnet V3 USDT Comet’s weETH Supply Cap from 18,000 to 25,000 * Increase Base V3 WETH Comet’s wrsETH Supply Cap from 700 to 1200 * Increase Base V3 AERO Comet’s cbBTC Supply Cap from 150 to 250 * Increase tBTC **Collateral Factor** from 76% to 80% * Increase tBTC **Liquidation Factor** from 81% to 85% Furthermore, the following changes to Liquidation Penalty, Collateral Factor and Liquidation Factor across WETH and wstETH in the following comets - ### Liquidation Penalty | Comet | Asset | Parameter | Current Value | Recommended Value | |----------------------------------|--------|----------------------|----------------|--------------------| | V3 Ethereum USDC/USDT/USDS | WETH | Liquidation Penalty | 5% | 7% | | V3 Arbitrum USDC/USDT/USDC.e | WETH | Liquidation Penalty | 5% | 7% | | V3 Optimism USDC/USDT | WETH | Liquidation Penalty | 5% | 7% | | V3 Polygon USDC/USDT | WETH | Liquidation Penalty | 5% | 7% | | V3 Ethereum USDC/USDS | wstETH | Liquidation Penalty | 8% | 10% | | V3 Ethereum USDT | wstETH | Liquidation Penalty | 5% | 10% | ### Liquidation Factor | Comet | Asset | Parameter | Current Value | Recommended Value | |----------------------------------|--------|----------------------|----------------|--------------------| | V3 Ethereum USDT/USDC/USDS | WETH | Liquidation Factor | 90% | 88% | | V3 Arbitrum USDC/USDT | WETH | Liquidation Factor | 90% | 88% | | V3 Arbitrum USDC.e | WETH | Liquidation Factor | 85% | No Change | | V3 Optimism USDC/USDT | WETH | Liquidation Factor | 90% | 88% | | V3 Ethereum USDC/USDS | wstETH | Liquidation Factor | 87% | 85% | | V3 Ethereum USDT | wstETH | Liquidation Factor | 85% | No Change | ### Collateral Factor | Comet | Asset | Parameter | Current Value | Recommended Value | |----------------------------------|--------|----------------------|----------------|--------------------| | V3 Ethereum USDC/USDT/USDS | WETH | Collateral Factor | 83% | No Change | | V3 Arbitrum USDC | WETH | Collateral Factor | 83% | No Change | | V3 Arbitrum USDT | WETH | Collateral Factor | 85% | 83% | | V3 Arbitrum USDC.e | WETH | Collateral Factor | 78% | No Change | | V3 Optimism USDC/USDT | WETH | Collateral Factor | 83% | No Change | | V3 Ethereum USDC/USDS | wstETH | Collateral Factor | 82% | 80% | | V3 Ethereum USDT | wstETH | Collateral Factor | 80% | No Change | ## Motivation Full proposal and forum discussions can be found in the following post. - [Supply Cap](https://www.comp.xyz/t/gauntlet-supply-cap-recommendation-proposals/5886/33) - [WETH and wstETH - LP/CF/LF](https://www.comp.xyz/t/gauntlet-risk-parameter-recommendations-02-2025/6400/1) - [tBTC Risk Recommendations](https://www.comp.xyz/t/gauntlet-tbtc-recommendations-across-comets-12-6-24/6036/1) ## Specification The proposal updates the parameters 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.xyz/tos](https://www.gauntlet.xyz/tos)**