0xf603265f…fc18sent to0x683a4f99…6c02·#20,621,295·view on Etherscan
setBorrowPerYearInterestRateBase(address,uint64)setBorrowPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)deployAndUpgradeTo(address,address)setBorrowPerYearInterestRateBase(address,uint64)setBorrowPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)deployAndUpgradeTo(address,address)# [Gauntlet] Stablecoin IR Recommendations - Mainnet
# Summary
Gauntlet recommends updating the interest rate curves for Stablecoin Comets.
| Parameter | Recommended Value |
| --- | --- |
| Annual Borrow Interest Rate Base | .015 |
| Annual Borrow Interest Rate Slope Low | .0333 |
| Borrow Kink | .9 |
| Annual Borrow Interest Rate Slope High | 4.0 |
| Annual Supply Interest Rate Base | 0 |
| Annual Supply Interest Rate Slope Low | .039 |
| Supply Kink | .9 |
| Annual Supply Interest Rate Slope High | 3.6 |
This recommendation only includes the following Comets
- Ethereum USDC
- Ethereum USDT
## Motivation
Gauntlet recommends updating the interest rate curve parameters across all stablecoin comets to incentivize further growth and higher utilization. See the the [full proposal and forum discussion](https://www.comp.xyz/t/gauntlet-interest-rate-curve-recommendations-in-stablecoin-comets-8-22-24/5625) for more details.
## 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.***