Dynamic Risk Parameters - Quarterly Update
Background
Over the past several months, Gauntlet has been executing on its Dynamic Risk Parameters engagement to continuously optimize capital efficiency and mitigate depositor losses. In just a quarter, Gauntlet has launched the Risk Dashboard, implemented 5 sets of parameter recommendations, published 2 monthly risk reviews, and safely unlocked additional borrow for Compound while maintaining protocol risk at safe levels.
Replacing Existing Contributor Grant with Sablier Stream
As outlined in the original proposal, at the start of every quarter Gauntlet will create a proposal to update the service fee payment (higher or lower) in accordance with the formula outlined in the proposal.
As it is the beginning of a new quarter, Gauntlet is updating its streaming grant. In addition, as was requested by the Compound community, Gauntlet will replace its existing COMP stream with a Sablier stream. This governance proposal sets the Contributor Comp Speed to Gauntlet to zero and sets up a Sablier stream to Gauntlet instead.
References: Full proposal and forum discussion
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x9AA8...62cCF1 | 321,396 | FOR |
 0xea6C...c13BF7 | 305,972 | FOR |
 Robert Leshner | 105,030 | FOR |
 0x54A3...61E189 | 100,082 | FOR |
 0x8d07...e6A265 | 70,014 | FOR |
VOTE POWER
Proposal Status
- Published Onchain
0x683a...D26C02 - Wed January 19 2022, 05:16 pmVoting Period Starts
- Sat January 22 2022, 06:15 pmEnd Voting Period
- Sat January 22 2022, 07:45 pmQueue Proposal
- Tue January 25 2022, 04:52 amExecute Proposal
Current Results
1-FOR
1.174M
3-AGAINST
N/A Tokens