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executedEnded 2 years ago ยท  Onchain

MIP-M38: Gauntlet's Moonbeam Recommendations

By 0x8416...7C244d

A proposal to adjust 8 total risk parameters:

ParameterCurrent ValueRecommended Value
USDC.wh Borrow Cap1,200,000800,000
xcDOT Borrow Cap150,000120,000
WETH.wh Borrow Cap5040
FRAX Borrow Cap150,000100,000
USDC.wh Collateral Factor58%51%
WETH.wh Collateral Factor48%45%
WBTC.wh Collateral Factor31%28%
FRAX Collateral Factor56%55%

IR Parameters

A proposal to adjust IR parameters for FRAX and USDC.wh

FRAX IR ParametersCurrentRecommended
Base00
Kink0.750.65
Multiplier0.080.14
Jump Multiplier7.47.4
USDC.wh IR ParametersCurrentRecommended
Base00
Kink0.750.65
Multiplier0.110.14
Jump Multiplier7.47.4

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

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Connect Wallet to Add Note
0
Votes 37
VoterCast PowerVote & Rationale
0x92f1...cB1334
40.062M

ABSTAIN

0xb6cb...82E698
35.642M

FOR

0x80f3...f04e06
18.861M

FOR

0x966c...a17c47
17.62M

FOR

Fechuky
5.561M

FOR

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VOTE POWER
0
Connect Wallet
Proposal Status
  • Tue September 03 2024, 02:24 pmPublished Onchain 0x8416...7C244d
  • Tue September 03 2024, 02:24 pmVoting Period Starts
  • Fri September 06 2024, 02:24 pmEnd Voting Period
  • Queue Proposal
  • Sat September 07 2024, 02:27 pmExecute Proposal
Current Results

1-FOR

90.653M

69.35%

2-ABSTAIN

40.064M

30.65%

3-AGAINST

N/A Tokens

0%
Quorum 130.717M/100M
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