Simple Summary

Risk Parameters

A proposal to adjust 5 risk parameters:

Risk Parameter	Current Value	Recommended Value
wstETH Collateral Factor	77%	78%
rETH Collateral Factor	77%	78%
cbETH Collateral Factor	77%	78%
wstETH Supply Cap	800	1000
wstETH Borrow Cap	320	350

_{*Cap Recommendations will be implemented via Guardian}

IR Parameters

A proposal to adjust cbETH’s IR curve:

cbETH IR Parameters	Current	Recommended
Base	0	0
Kink	0.45	0.45
Multiplier	0.06	0.05
Jump Multiplier	3.15	3.00

A proposal to adjust USDC’s IR curve:

USDC IR Parameters	Current	Recommended
Base	0	0
Kink	0.8	0.8
Multiplier	0.05	0.065
Jump Multiplier	8.6	8.6

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Our recommendation post is located in the forums with further analysis and supporting data.

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.