memoscan
← all memos

Memo 0x8e33a3b0…481df3 on Ethereum

updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetLiquidateCollateralFactor(address,address,uint64)updateAssetLiquidationFactor(address,address,uint64)updateAssetSupplyCap(address,address,uint128)updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetLiquidateCollateralFactor(address,address,uint64)deployAndUpgradeTo(address,address)# [Gauntlet] Risk Parameter Recommendations for LINK and UNI (Oct 2024) # Summary Gauntlet recommends the following risk recommendations to the protocol: * Decrease USDC Ethereum Comet’s LINK Supply Cap from 4,000,000 to 1,000,000 * Decrease USDT Ethereum Comet’s LINK Supply Cap from 2,000,000 to 500,000 * Decrease USDT Ethereum Comet’s UNI Supply Cap from 3,000,000 to 1,300,000 --- * Decrease USDC Ethereum Comet’s LINK Liquidation Factor from 85% to 79% * Decrease USDC Ethereum Comet’s LINK Collateral Factor from 79% to 73% * Increase USDC Ethereum Comet’s LINK Liquidation Penalty from 7% to 17% ---- * Decrease USDT Ethereum Comet’s LINK Liquidation Factor from 85% to 79% * Decrease USDT Ethereum Comet’s LINK Collateral Factor from 79% to 73% * Increase USDT Ethereum Comet’s LINK Liquidation Penalty from 7% to 17% --- * Decrease USDC Ethereum Comet’s UNI Liquidation Factor from 79% to 74% * Decrease USDC Ethereum Comet’s UNI Collateral Factor from 73% to 68% --- * Decrease USDT Ethereum Comet’s UNI Liquidation Factor from 81% to 74% * Decrease USDT Ethereum Comet’s UNI Collateral Factor from 75% to 68% * Increase USDT Ethereum Comet’s UNI LP from 15% to 17% --- # Motivation This recommendation aims to review and adjust risk parameters for tail-risk assets across Comets. This part 1 of the proposal, part 2 will incorporate recommendations for USDT Comets on Ethereum. Full proposal and forum discussions can be found [here](https://www.comp.xyz/t/gauntlet-risk-parameter-recommendations-for-link-and-uni-oct-2014/5876) # 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.network/tos***