Moonwell

A proposal to adjust 6 risk parameters:

Risk Parameter	Current Value	Recommended Value
USDC Supply Cap	92,000,000	100,000,000
USDC Supply Cap	84,000,000	92,000,000
cbETH Supply Cap	7,200	8,000
cbETH Borrow Cap	2,520	3,200
AERO Supply Cap	16,000,000	No Change
AERO Borrow Cap	10,000,000	No Change

_{*Cap Recommendations will be implemented via Guardian}

IR Parameters Adjustment Proposal

A proposal to adjust WETH, wstETH, cbETH, rETH, and AERO’s IR curve:

WETH IR Parameters

IR Parameter	Current	Recommended
Base	0	0
Kink	0.8	0.8
Multiplier	0.02	0.01
Jump Multiplier	4.2	4.2

wstETH IR Parameters

IR Parameter	Current	Recommended
Base	0	0
Kink	0.35	0.35
Multiplier	0.075	0.061
Jump Multiplier	3.5	3.5

cbETH IR Parameters

IR Parameter	Current	Recommended
Base	0	0
Kink	0.35	0.35
Multiplier	0.075	0.061
Jump Multiplier	3.5	3.5

rETH IR Parameters

IR Parameter	Current	Recommended
Base	0	0
Kink	0.35	0.35
Multiplier	0.075	0.061
Jump Multiplier	3.5	3.5

AERO IR Parameters

IR Parameter	Current	Recommended
Base	0	0
Kink	0.45	0.45
Multiplier	0.145	0.18
Jump Multiplier	3.15	3.96

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