Moonwell

Simple Summary

Risk Parameters

A proposal to adjust 12 risk parameters:

Risk Parameter	Current Value	Recommended Value
wstETH Reserve Factor	25%	30%
rETH Reserve Factor	25%	30%
cbETH Reserve Factor	25%	30%
DAI Reserve Factor	15%	20%
wETH Supply Cap	10,500	12,500
wETH Borrow Cap	8000	10,500
DAI Supply Cap	4,500,000	2,500,000
DAI Borrow Cap	3,800,000	2,000,000
rETH Supply Cap	600	700
wstETH Supply Cap	1600	1800
wstETH Borrow Cap	700	800
USDC Borrow Cap	10,000,000	12,000,000

_{*Cap Recommendations will be implemented via Guardian}

IR Parameters

A proposal to adjust wETH’s IR curve:

wETH IR Parameters	Current	Recommended
Base	0.01	0
Kink	0.8	0.8
Multiplier	0.037	0.032
Jump Multiplier	4.8	4.2

A proposal to adjust DAI’s IR curve:

DAI IR Parameters	Current	Recommended
Base	0	0
Kink	0.8	0.75
Multiplier	0.05	0.067
Jump Multiplier	8.6	9.0

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