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Memo 0xe72ebc30…9034e3 on Ethereum

_setCollateralFactor(address,uint256)_setCollateralFactor(address,uint256)_setCollateralFactor(address,uint256)_setCollateralFactor(address,uint256)_setCollateralFactor(address,uint256)_setCollateralFactor(address,uint256)_setReserveFactor(uint256)_setCollateralFactor(address,uint256)_setCollateralFactor(address,uint256)_setCollateralFactor(address,uint256)# Compound v2 Deprecation Phase 13 ## Summary For Phase 13 of the Compound v2 deprecation, Gauntlet recommends the following changes: - Decrease **AAVE Collateral Factor** from 28% to **18%** - Decrease **BAT Collateral Factor** from 40% to **35%** - Decrease **USDC Collateral Factor** from 85.5% to **84.5%** - Decrease **LINK Collateral Factor** from 34% to **28%** - Decrease **MKR Collateral Factor** from 28% to **23%** - Decrease **SUSHI Collateral Factor** from 22% to **17%** - Decrease **UNI Collateral Factor** from 60% to **50%** - Decrease **YFI Collateral Factor** from 30% to **20%** - Decrease **ZRX Collateral Factor** from 20% to **10%** - Decrease **USDC Reserve Factor** from 60% to **25%** ## Motivation In this September 2022 snapshot vote, the community voted that each asset’s Collateral Factor may be reduced. After our analysis, Gauntlet recommends these collateral factor adjustments for each stated collateral asset in order to further deprecate the v2 market. We were not able to include all parameter changes with the limitations via the governor bravo contract so those changes will need to be added to another on-chain proposal. [Full proposal and forum discussion](https://www.comp.xyz/t/compound-v2-deprecation-phase-13-08-01-2024/5516) ## Specification The proposal updates the parameters using the _setCollateralFactor and _setReserveFactor method of the relevant cToken contracts. ***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.***