Summary
Threshold Network has paused tBTC minting and redemptions. Gauntlet recommends setting the tBTC supply cap and borrow collateral factor to 0 on every Comet where tBTC is listed. Liquidate collateral factors are unchanged, so no position becomes liquidatable.
Changes
| Comet | Supply Cap | Borrow CF | Liquidate CF |
|---|
| Ethereum cUSDTv3 | 73 → 0 | 80% → 0% | 85% (unchanged) |
| Ethereum cUSDCv3 | 40 → 0 | 80% → 0% | 85% (unchanged) |
| Ethereum cWETHv3 | 0 (unchanged) | 76% → 0% | 81% (unchanged) |
Forum post: https://www.comp.xyz/t/gauntlet-tbtc-risk-parameter-update-supply-caps-and-borrow-collateral-factors-to-0/8220