[COMPOUND] [Gauntlet] 2024-03-18: Compound v2 Deprecation (Phase 10) - Part 2
Simple Summary
For Phase 10 of the v2 deprecation, Gauntlet recommends the following reserve factor adjustments:
| Symbol | Current Reserve Factor | Recommended Reserve Factor |
|---|---|---|
| MKR | 25.00% | 50.00% |
| ZRX | 25.00% | 50.00% |
| YFI | 25.00% | 50.00% |
| AAVE | 25.00% | 50.00% |
This is Gauntlet's 2nd part of their Phase 10 deprecation per this post on Feb 27th. The limiting number of transactions per proposal via Compound goverance requires Gauntlet to break this proposal into 2 parts.
Motivation
In this September 2022 snapshot vote, the community voted to start deprecating certain assets on the Compound v2 markets. After our analysis, Gauntlet recommends the following reserve factor adjustments to further deprecate the v2 market. Full proposal and forum discussion
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.
Off-Chain Vote
Against
0 HVAXVC0%
For
9 HVAXVC81.8%
Abstain
2 HVAXVC18.2%
Timeline
Mar 18, 2024Proposal created
Mar 20, 2024Proposal vote started
Mar 22, 2024Proposal vote ended
Apr 03, 2026Proposal updated