Moonwell

A proposal to adjust 7 total risk parameters:

| Parameter                 | Current Value | Recommended Value |
| ------------------------- | ------------- | ----------------- |
| USDC.wh Borrow Cap        | 2,400,000     | 1,800,000         |
| xcUSDT Reserve Factor     | 25%           | 30%               |
| xcUSDC Reserve Factor     | 25%           | 30%               |
| USDC.wh Reserve Factor    | 25%           | 30%               |
| USDC.wh Collateral Factor | 62%           | 59%               |
| WBTC.wh Collateral Factor | 35%           | 32%               |
| ETH.wh Collateral Factor  | 52%           | 49%               |

A proposal to make IR curve adjustments for USDC.wh:

| USDC.wh IR Parameters | Current    | Recommended |
| --------------------- | ---------- | ----------- |
| BASE                  | 0          | 0           |
| Kink                  | **0.8**    | **0.75**    |
| Multiplier            | **0.0875** | **0.11**    |
| Jump Multiplier       | 7.4        | 7.4         |

A proposal to make IR curve adjustments for xcUSDC:

| xcUSDC IR Parameters | Current    | Recommended |
| -------------------- | ---------- | ----------- |
| BASE                 | 0          | 0           |
| Kink                 | **0.8**    | **0.75**    |
| Multiplier           | **0.0875** | **0.11**    |
| Jump Multiplier      | 7.4        | 7.4         |

A proposal to make IR curve adjustments for xcUSDT:

| xcUSDT IR Parameters | Current    | Recommended |
| -------------------- | ---------- | ----------- |
| BASE                 | 0          | 0           |
| Kink                 | **0.8**    | **0.75**    |
| Multiplier           | **0.0875** | **0.11**    |
| Jump Multiplier      | 7.4        | 7.4         |

A proposal to make IR curve adjustments for FRAX:

| FRAX IR Parameters | Current    | Recommended |
| ------------------ | ---------- | ----------- |
| BASE               | 0          | 0           |
| Kink               | **0.8**    | **0.75**    |
| Multiplier         | **0.0563** | **0.11**    |
| Jump Multiplier    | **4**      | **7.4**     |

Our recommendation post is located in the forums, please refer to this link. 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