0xdd659911…9abcsent to0x7b3c54e1…cc33·#20,873,799·view on Etherscan
setBorrowKink(address,uint64)setBorrowPerYearInterestRateSlopeLow(address,uint64)setBorrowPerYearInterestRateSlopeHigh(address,uint64)setSupplyKink(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)sendMessage(address,bytes,uint32)createRetryableTicket(address,uint256,uint256,address,address,uint256,uint256,bytes)sendMessage(address,bytes,uint32)setBorrowKink(address,uint64)setBorrowPerYearInterestRateSlopeLow(address,uint64)setBorrowPerYearInterestRateSlopeHigh(address,uint64)setSupplyKink(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)setBorrowKink(address,uint64)setBorrowPerYearInterestRateSlopeLow(address,uint64)setBorrowPerYearInterestRateSlopeHigh(address,uint64)setSupplyKink(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)setBorrowKink(address,uint64)setBorrowPerYearInterestRateBase(address,uint64)setBorrowPerYearInterestRateSlopeLow(address,uint64)setBorrowPerYearInterestRateSlopeHigh(address,uint64)setSupplyKink(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address) x# [Gauntlet] - WETH Comet Recommendations (2024-09-27)
# Summary
Gauntlet recommends updating the interest rate curves as well as COMP rewards for WETH Comets.
For Ethereum, Arbitrum and Optimism:
| Parameter | Current Value | Recommended Value |
|------------------------------------|---------------|-------------------|
| Annual Borrow Interest Rate Base | 0.01 | 0.01 |
| Annual Borrow Interest Rate Slope Low | 0.014 | 0.0145 |
| Borrow Kink | 0.85 | 0.9 |
| Annual Borrow Interest Rate Slope High | 1.15 | 1.5 |
| Annual Supply Interest Rate Base | 0 | 0 |
| Annual Supply Interest Rate Slope Low | 0.0185 | 0.0165 |
| Supply Kink | 0.85 | 0.9 |
| Annual Supply Interest Rate Slope High | 1 | 1.2 |
For Base:
| Parameter | Current Value | Recommended Value |
|------------------------------------|---------------|-------------------|
| Annual Borrow Interest Rate Base | 0.006 | 0.01 |
| Annual Borrow Interest Rate Slope Low | 0.0125 | 0.0145 |
| Borrow Kink | 0.85 | 0.9 |
| Annual Borrow Interest Rate Slope High | 0.9 | 1.5 |
| Annual Supply Interest Rate Base | 0 | 0 |
| Annual Supply Interest Rate Slope Low | 0.0115 | 0.0165 |
| Supply Kink | 0.85 | 0.9 |
| Annual Supply Interest Rate Slope High | 0.8 | 1.2 |
This recommendation only includes the following Comets
- Ethereum WETH
- Arbitrum WETH
- Optimism WETH
- Base WETH
## Motivation
Gauntlet recommends updating the interest rate curve parameters across all WETH comets to incentivize further growth and higher utilization. See the the [full proposal and forum discussion](https://www.comp.xyz/t/gauntlet-weth-comet-ir-and-incentive-recommendations-2024-09-27/5789) 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.***