Executed

[COMPOUND] [Gauntlet] Rewards Contract Top-Up for Arb and IR Recs for USDT Mainnet and USDC Arbitrum Comets


ID 883388...0741

ID 883388...0741

Proposed on: Aug 2nd, 2024

Proposed on: Aug 2nd, 2024

Votes

Proposal

Summary

Gauntlet recommends the following parameter changes:

  • Add additional COMP to the reward contracts of Arbitrum:
ChainReward Amount
Arbitrum13,000
  • IR Parameter adjsutments for the Arbitrum USDC and Ethereum USDT Comet
ParameterRecommended Value
Annual Borrow Interest Rate Base0.015
Annual Borrow Interest Rate Slope Low0.05
Borrow Kink0.9
Annual Borrow Interest Rate Slope High4
Annual Supply Interest Rate Base0
Annual Supply Interest Rate Slope Low0.052
Supply Kink0.9
Annual Supply Interest Rate Slope High3.6

For more details, see the full forum posts below:

By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.network/tos.

https://compound.finance/governance/proposals/294

Votes
Status