0x45d79e45…4925sent to0x7b3c54e1…cc33·#22,284,498·view on Etherscan
updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetLiquidateCollateralFactor(address,address,uint64)updateAssetLiquidationFactor(address,address,uint64)updateAssetSupplyCap(address,address,uint128)updateAssetBorrowCollateralFactor(address,address,uint64)updateAssetLiquidateCollateralFactor(address,address,uint64)updateAssetLiquidationFactor(address,address,uint64)updateAssetSupplyCap(address,address,uint128)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] - USDbC Deprecation Recommendations
### Simple Summary
Gauntlet recommends updating the risk parameters and interest rate curve for the Base USDbC comet to expedite its deprecation.
### Risk Recommendations
### Asset Parameters
| Asset | Parameter | Current Value | Recommended Value |
|-------|------------------------|---------------|-------------------|
| WETH | Supply Cap | 1100 | 0 |
| | Collateral Factor | 69% | 45% |
| | Liquidation Factor | 74% | 64% |
| | Liquidation Penalty | 5% | 15% |
| cbETH | Supply Cap | 350 | 0 |
| | Collateral Factor | 65% | 45% |
| | Liquidation Factor | 70% | 60% |
| | Liquidation Penalty | 15% | 20% |
### Interest Rate Curve Recommendations
| Parameter | Current Value | Recommended Value |
|----------------------------------------|---------------|-------------------|
| Annual Borrow Interest Rate Base | 0.025 | 0.05 |
| Annual Borrow Interest Rate Slope Low | 0.045 | 0.035294 |
| Borrow Kink | 0.9 | 0.85 |
| Annual Borrow Interest Rate Slope High | 6.0 | 3.466667 |
| Annual Supply Interest Rate Base | 0.0 | 0.0 |
| Annual Supply Interest Rate Slope Low | 0.025 | 0.02 |
| Supply Kink | 0.9 | 0.85 |
| Annual Supply Interest Rate Slope High | 4.3 | 0.886667 |
# Motivation
Full proposal and forum discussions can be found in the following posts.
* [[Gauntlet] Base USDbC Deprecation Recommendations (12/5/24)](https://www.comp.xyz/t/gauntlet-base-usdbc-deprecation-recommendations-12-5-24/6029?u=gauntlet)
# 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***