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executedEnds a year ago ยท  Onchain

MIP-O10: Gauntlet's Optimism Recommendations

By 0x8416...7C244d

A proposal to adjust 6 risk parameter:

Risk ParameterCurrent ValueRecommended Value
WETH Supply Cap3,2005,000
WETH Borrow Cap2,7004,000
VELO Supply Cap9,000,00012,700,000
WBTC Borrow Cap104
WBTC Reserve Factor30%40%
WBTC Collateral Factor79%67%

*Cap Recommendations will be implemented via Guardian

IR Parameters

A proposal to adjust IR parameters for USDC, USDT, and DAI

USDC IR ParametersCurrentRecommended
Base00
Kink0.90.9
Multiplier0.0560.05
Jump Multiplier59
USDT IR ParametersCurrentRecommended
Base00
Kink0.90.9
Multiplier0.0560.05
Jump Multiplier59
DAI IR ParametersCurrentRecommended
Base00
Kink0.90.9
Multiplier0.0560.05
Jump Multiplier59

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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Votes 29
VoterCast PowerVote & Rationale
0xb6cb...82E698
36.961M

FOR

0xd785...9C41B8
23.676M

ABSTAIN

0x80f3...f04e06
16.125M

FOR

0x966c...a17c47
13.135M

FOR

0x4319...f8D250
5.039M

FOR

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VOTE POWER
0
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Proposal Status
  • Mon September 30 2024, 06:16 pmPublished Onchain 0x8416...7C244d
  • Mon September 30 2024, 06:16 pmVoting Period Starts
  • Thu October 03 2024, 06:16 pmEnd Voting Period
  • Queue Proposal
  • Fri October 04 2024, 06:19 pmExecute Proposal
Current Results

1-FOR

87.759M

78.75%

2-ABSTAIN

23.676M

21.25%

3-AGAINST

N/A Tokens

0%
Quorum 111.435M/100M
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