Simple Summary

Gauntlet recommends the following risk parameter updates for the Polygon v3 USDC.e comet:

• Increase WBTC Liquidation Factor from 75% to 85%
• Increase WBTC Collateral Factor from 70% to 75%
• Increase WBTC Liquidation Penalty from 5% to 10%
• Increase MATIC Liquidation Factor from 70% to 80%
• Increase MATIC Liquidation Penalty from 7% to 10%
• Increase stMATIC Liquidation Penalty from 15% to 20%
• Increase MATICx Liquidation Penalty from 15% to 20%
• Increase WETH Liquidation Factor from 82.5% to 85%
• Increase WETH Collateral Factor from 77.5% to 80%

For more details, see the full forum post here.

Motivation

Gauntlet recommends the following risk parameters improve capital efficiency on the protocol and manage risk exposure to the Comet. Full proposal and forum discussion

Specification

This proposal updates the relevant parameters in the Polygon v3 USDC.e comet

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.

https://compound.finance/governance/proposals/235