0xf603265f…fc18sent to0x683a4f99…6c02·#19,215,665·view on Etherscan
_setCollateralFactor(address,uint256)_setCollateralFactor(address,uint256)_setCollateralFactor(address,uint256)_setCollateralFactor(address,uint256)_setCollateralFactor(address,uint256)_setCollateralFactor(address,uint256)_setCollateralFactor(address,uint256)_setCollateralFactor(address,uint256)# [Gauntlet] 2024-02-12: Compound v2 Deprecation (Phase 9)
## Simple Summary
For Phase 9 of the Compound v2 deprecation, Gauntlet recommends decreasing the Collateral Factor for v2 collateral assets. Specifically, Gauntlet recommends the following changes:
- Decrease **AAVE Collateral Factor** from 43% to **38%**
- Decrease **BAT Collateral Factor** from 50% to **45%**
- Decrease **COMP Collateral Factor** from 30% to **25%**
- Decrease **LINK Collateral Factor** from 49% to **44%**
- Decrease **MKR Collateral Factor** from 43% to **38%**
- Decrease **SUSHI Collateral Factor** from 37% to **32%**
- Decrease **YFI Collateral Factor** from 45% to **40%**
- Decrease **ZRX Collateral Factor** from 35% to **30%**
For more details, see the full forum post [here](https://www.comp.xyz/t/gauntlet-compound-v2-deprecation-phase-9-02-08-2024/4980).
## Motivation
In this September 2022 snapshot vote, the community voted that each asset’s Collateral Factor may be reduced by an absolute percentage of up to 5%. After our analysis, Gauntlet recommends this max 5% decrease for each stated collateral asset in order to further deprecate the v2 market.
[Full proposal and forum discussion](https://www.comp.xyz/t/gauntlet-compound-v2-deprecation-phase-9-02-08-2024/4980)
## Specification
The proposal updates the parameters using the _setCollateralFactor method of the relevant cToken contracts.
<sub>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.<sub>