0xf603265f…fc18sent to0x7b3c54e1…cc33·#18,766,180·view on Etherscan
sendMessageToChild(address,bytes)setBorrowKink(address,uint64)setBorrowPerYearInterestRateSlopeLow(address,uint64)setBorrowPerYearInterestRateSlopeHigh(address,uint64)setSupplyKink(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)# [Gauntlet] 2023-12-11: Polygon v3 USDC.e - Interest Rate Curve Recommendations
## Simple Summary
A proposal from Gauntlet to adjust six Interest Rate (IR) Curve parameters in the Polygon v3 USDC.e comet.
Gauntlet recommends the following IR Curve updates:
* Raise **Annual Borrow Interest Rate Slope Low** from 0.035 to **0.04**
* Raise **Borrow Kink** from 0.8 to **0.85**
* Raise **Annual Borrow Interest Rate Slope High** from 0.25 to **0.7**
* Raise **Annual Supply Interest Rate Slope Low** from 0.0325 to **0.04**
* Raise **Supply Kink** from 0.8 to **0.85**
* Raise **Annual Supply Interest Rate Slope High** from 0.4 to **0.65**
For more details, see the full forum post [here]( https://www.comp.xyz/t/gauntlet-polygon-v3-usdc-e-interest-rate-curve-recommendations-12-7-23/4864 ).
## Motivation
Gauntlet recommends adjusting the Polygon v3 USDC.e Interest Rate (IR) Curve with three main objectives:
1. Raise Borrow APR and Supply APR rates at the kink due to sustained high utilization.
2. Increase pre-kink USDC.e liquidity by raising the kinks.
3. Ensure positive reserve growth beyond the kink.
[Full proposal and forum discussion](https://www.comp.xyz/t/gauntlet-polygon-v3-usdc-e-interest-rate-curve-recommendations-12-7-23/4864)
## Specification
The proposal updates the IR curve parameters by using the respective methods in 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.*