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