0x6b62d6c9…5a4csent to0x7b3c54e1…cc33·#19,270,410·view on Etherscan
createRetryableTicket(address,uint256,uint256,address,address,uint256,uint256,bytes)sendMessage(address,bytes,uint32)updateAssetLiquidationFactor(address,address,uint64)setStoreFrontPriceFactor(address,uint64)deployAndUpgradeTo(address,address)updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetLiquidateCollateralFactor(address,address,uint64)updateAssetLiquidationFactor(address,address,uint64)updateAssetSupplyCap(address,address,uint128)updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetLiquidateCollateralFactor(address,address,uint64)updateAssetSupplyCap(address,address,uint128)updateAssetSupplyCap(address,address,uint128)setStoreFrontPriceFactor(address,uint64)deployAndUpgradeTo(address,address)updateAssetLiquidationFactor(address,address,uint64)deployAndUpgradeTo(address,address)# [Gauntlet] 2024-02-19: BASE v3 & Arbitrum v3 - Risk Recommendations
# Simple Summary
Gauntlet recommends the following risk parameter updates for the **Arbitrum v3 USDC Native comet**:
- Increase GMX Supply Cap from 50,000 to 100,000
- Increase GMX Liquidation Factor from 45% to 60%
- Increase GMX Collateral Factor from 40% to 50%
- Increase ARB Supply Cap from 8,000,000 to 16,000,000
- Increase ARB Liquidation Factor from 60% to 80%
- Increase ARB Collateral Factor from 55% to 70%
- Increase ARB Liquidation Penalty from 7% to 10%
- Decrease Store Front Price Factor from 80% to 60%
- Increase WETH Supply Cap from 5,000 to 10,000
Gauntlet recommends the following risk parameter updates for the **Arbitrum v3 USDC.e comet**:
- Increase ARB Liquidation Penalty from 7% to 10%
- Decrease Comet Market Store Price Factor from 80% to 60%
Gauntlet recommends the following risk parameter update for the **Base v3 USDbC comet**:
- Increase cbETH Liquidation Penalty from 7% to 15%
For more details, see the full forum post [here](https://www.comp.xyz/t/gauntlet-base-v3-arbitrum-v3-risk-recommendations-02-09-2024/4981).
# Motivation
Gauntlet recommends parameter updates for the Collateral Factor, Liquidation Factor, Supply Cap, Liquidation Penalty, and Store Front Price Factor across three Comets to mitigate risk and increase capital efficiency.
[Full proposal and forum discussion](https://www.comp.xyz/t/gauntlet-base-v3-arbitrum-v3-risk-recommendations-02-09-2024/4981)
# Specification
This proposal updates the relevant parameters in the Arbitrum v3 USDC Native, Arbitrum v3 USDC.e, and Base v3 USDbC comets
*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.*