Simple Summary

Compound V2 Deprecation Proposal

• Pause borrows and mints for all assets on Compound V2
• Increase Reserve Factors to 100% for all assets on Compound v2

Note: In response to community feedback, Gauntlet has recommended adding USDC & USDT as collaterals on Mainnet WETH & WBTC. The Mainnet WETH listing has already gone on-chain (Tally). The Mainnet WBTC listing will be proposed later this week.

Motivation

Full proposals and forum discussions can be found in the following post.

• [Gauntlet] Compound V2 Deprecation Proposal

Specification

The proposal updates the parameters by using the respective methods on the Configurator.

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