Pending

tBTC Risk Parameter Update: Ethereum Network Supply Caps and Borrow Collateral Factors


Proposed by

Proposal ID

622

Governor

Compound Governor

Proposed

Nov 1st, 2026

Actions

Type

Address

Details

Custom

Configurator

0x316f...36E3

updateAssetBorrowCollateralFactor(..)

Custom

Account

Configurator

0x316f...36E3

Method

updateAssetBorrowCollateralFactor(..)

Custom

Configurator

0x316f...36E3

updateAssetSupplyCap(..)

Custom

Account

Configurator

0x316f...36E3

Method

updateAssetSupplyCap(..)

Custom

CometProxyAdmin

0x1EC6...8779

deployAndUpgradeTo(..)

Custom

Account

CometProxyAdmin

0x1EC6...8779

Method

deployAndUpgradeTo(..)

Custom

Configurator

0x316f...36E3

updateAssetBorrowCollateralFactor(..)

Custom

Account

Configurator

0x316f...36E3

Method

updateAssetBorrowCollateralFactor(..)

Proposal

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

CometSupply CapBorrow CFLiquidate CF
Ethereum cUSDTv373 → 080% → 0%85% (unchanged)
Ethereum cUSDCv340 → 080% → 0%85% (unchanged)
Ethereum cWETHv30 (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

Status

Sun Nov 1, 03:34 am

Published onchain

Mon Nov 2, 11:23 pm

Start voting period

Thu Nov 5, 05:05 pm

End voting period

Queue proposal

Execute proposal