executedEnds a year ago · Onchain
[Gauntlet] Compound v2 Deprecation (10/07/2024)
By 0x7B3c...4Ecc33Continue Reading
Summary
Gauntlet recommends the following risk recommendations to the protocol:
- Decrease AAVE Collateral Factor from 18% to 8%
- Decrease BAT Collateral Factor from 35% to 34%
- Decrease LINK Collateral Factor from 28% to 26%
- Decrease MKR Collateral Factor from 23% to 18%
- Decrease SUSHI Collateral Factor from 17% to 12%
- Decrease UNI Collateral Factor from 50% to 40%
- Decrease YFI Collateral Factor from 20% to 10%
- Decrease ZRX Collateral Factor from 10% to 0%
- Decrease for WBTC Collateral Factor from 70% to 69%
- Increase for WBTC Reserve Factor from 20% to 30%
Motivation
This recommendation aims to proceed with Compound v2 comet deprecation.
Full proposal and forum discussions can be found here
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
Connect Wallet to Add Note
0Votes 25
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x8d07...e6A265 | 85,004 | FOR |
 0x66cD...B765F9 | 80,042 | FOR |
 0x2210...cCd02E | 80,034 | FOR |
 FranklinDAO (Prev. Penn Blockchain) | 80,016 | FOR |
 Wintermute Governance | 80,003 | FOR |
VOTE POWER
0
Connect Wallet
Proposal Status
- Wed October 23 2024, 04:15 pmVoting Period Starts
- Sat October 26 2024, 10:13 amEnd Voting Period
- Sat October 26 2024, 10:14 amQueue Proposal
- Mon October 28 2024, 10:16 amExecute Proposal
Current Results
1-FOR
897,726.4
2-AGAINST
N/A Tokens
3-ABSTAIN
N/A Tokens
Quorum 897,726.4/400,000