Pending

tBTC Risk Parameter Update: L2 Supply Caps and Borrow Collateral Factors


Proposal ID

623

Governor

Compound Governor

Proposed

Nov 1st, 2026

Actions

Type

Address

Details

Custom

Bridge to Base

0x866E...0Afa

sendMessage(..)

Custom

Account

Bridge to Base

0x866E...0Afa

Method

sendMessage(..)

Custom

Bridge to Arbitrum

0x4Dbd...AB3f

createRetryableTicket(..)

Custom

Account

Bridge to Arbitrum

0x4Dbd...AB3f

Method

createRetryableTicket(..)

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 in Base and Arbitrum. Liquidate collateral factors are unchanged, so no position becomes liquidatable.

Changes

CometSupply CapBorrow CFLiquidate CF
Base cUSDCv320 → 080% → 0%85% (unchanged)
Arbitrum cUSDTv33 → 080% → 0%85% (unchanged)
Arbitrum cUSDCv30 (unchanged)80% → 0%85% (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, 03:36 am

Published onchain

Mon Nov 2, 11:24 pm

Start voting period

Thu Nov 5, 05:06 pm

End voting period

Queue proposal

Execute proposal