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executedEnded 2 years ago ยท  Onchain

MIP-M17: Gauntlet's Moonbeam Recommendations and Guardianship

By 0x8416...7C244d

Gauntlet is integrating an on-chain vote as part of becoming the Borrow Cap Guardian on Moonbeam, as voted by the community in the snapshot here.

Simple Summary

A proposal to adjust 2 total risk parameters:

ParameterCurrent ValueRecommended Value
xcDOT Collateral Factor58%56%
WGLMR Collateral Factor62%60%

A proposal to make a IR curve adjustments for xcUSDT,xcUSDC and USDC.wh:

xcUSDC IR ParametersCurrentRecommended
BASE00
Kink0.80.8
Multiplier0.0750.0814
Jump Multiplier6.07.0
xcUSDT IR ParametersCurrentRecommended
BASE00
Kink0.80.8
Multiplier0.0750.0814
Jump Multiplier6.07.0
USDC.wh IR ParametersCurrentRecommended
BASE00
Kink0.80.8
Multiplier0.0750.0814
Jump Multiplier6.07.0

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.

Continue Reading
Connect Wallet to Add Note
0
Votes 78
VoterCast PowerVote & Rationale
0x80f3...f04e06
56.445M

FOR

0x8Fe7...963884
36.458M

FOR

0x85AB...a327f8
5.556M

FOR

0x4319...f8D250
4.948M

FOR

0xeBbb...00037b
3.52M

FOR

SHOW MORE
VOTE POWER
0
Connect Wallet
Proposal Status
  • Mon February 05 2024, 04:24 pmPublished Onchain 0x8416...7C244d
  • Mon February 05 2024, 04:25 pmVoting Period Starts
  • Thu February 08 2024, 04:25 pmEnd Voting Period
  • Thu February 08 2024, 04:27 pmQueue Proposal
  • Fri February 09 2024, 05:58 pmExecute Proposal
Current Results

1-FOR

120.535M

99.73%

2-AGAINST

330,457.06

0.27%

3-ABSTAIN

N/A Tokens

0%
Quorum 120.866M/100M
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