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[COMPOUND] [Gauntlet] Rewards Contract Top-Up for Arb and IR Recs for USDT Mainnet and USDC Arbitrum Comets

Voting ended over 1 year agoSucceeded

Summary

Gauntlet recommends the following parameter changes:

  • Add additional COMP to the reward contracts of Arbitrum:
Chain Reward Amount
Arbitrum 13,000
  • IR Parameter adjsutments for the Arbitrum USDC and Ethereum USDT Comet
Parameter Recommended Value
Annual Borrow Interest Rate Base 0.015
Annual Borrow Interest Rate Slope Low 0.05
Borrow Kink 0.9
Annual Borrow Interest Rate Slope High 4
Annual Supply Interest Rate Base 0
Annual Supply Interest Rate Slope Low 0.052
Supply Kink 0.9
Annual Supply Interest Rate Slope High 3.6

For more details, see the full forum posts below:

  • [Gauntlet] Interest Rate Curve Recommendations in Stablecoin Comets (7/19/24)
  • [Gauntlet] Rewards Contract Top-Up for Arbitrum

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/294

Off-Chain Vote

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0 HVAXVC0%
For
9 HVAXVC75%
Abstain
3 HVAXVC25%
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Timeline

Jul 31, 2024Proposal created
Aug 01, 2024Proposal vote started
Aug 03, 2024Proposal vote ended
Mar 26, 2026Proposal updated