0xf603265f…fc18sent to0x7b3c54e1…cc33·#20,015,324·view on Etherscan
sendMessage(address,bytes,uint32)setBaseTrackingSupplySpeed(address,uint64)setBorrowKink(address,uint64)setBorrowPerYearInterestRateBase(address,uint64)setBorrowPerYearInterestRateSlopeLow(address,uint64)setBorrowPerYearInterestRateSlopeHigh(address,uint64)setSupplyKink(address,uint64)setSupplyPerYearInterestRateSlopeLow(address,uint64)setSupplyPerYearInterestRateSlopeHigh(address,uint64)deployAndUpgradeTo(address,address)# [Gauntlet] Interest Rate and Rewards Recommendation for WETH Comet on BASE (06/03/2024)
## Simple Summary
Gauntlet recommends the IR Curve and Rewards Adjustments to BASE WETH Comet:
| Parameter | Current Value | Recommended Value |
| --- | --- | --- |
| Annual Supply Interest Rate Base | 0 | 0 |
| Annual Supply Interest Rate Slope Low | .015 | 0.0115 |
| Supply Kink | .9 | .85 |
| Annual Supply Interest Rate Slope High | .9 | .8 |
| Annual Borrow Interest Rate Base | .005 | .006 |
| Annual Borrow Interest Rate Slope Low | .0155 | 0.0125 |
| Borrow Kink | .9 | .85 |
| Annual Borrow Interest Rate Slope High | 1 | .9 |
| Comets | Daily COMP Supply Rewards (Tokens) | Recommended Daily COMP Supply Rewards (Tokens) | Daily COMP Borrow Rewards (Tokens) | Recommended Daily COMP Borrow Rewards (Tokens) |
| --- | --- | --- | --- | --- |
| Compound v3 WETH (BASE) | 10 | 6 | 2 | 2 |
## Motivation
Gauntlet recommends adjusting the Interest Rate Curve in the BASE v3 WETH comet to increase utilization and prevent further negative reserve growth.
[Full proposal and forum discussion](https://www.comp.xyz/t/gauntlet-base-and-ethereum-v3-weth-comets-interest-rate-curve-reward-recommendations-5-30-24/5291)
## Specification
The proposal updates the the supply/borrow per year interest rate high slope, and the borrow/supply per year interest rate low slope, borrow per year interest rate base, borrow/supply kink, setBaseTrackingBorrowSpeed and setBaseTrackingSupplySpeed 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.***