As the main differences between the proposals are the supply and borrow cap, we support moving forward with the Gauntlet recommendations. Utilizing our updated supply cap methodology, we approve the suggested caps for the initial launch.
| Risk Parameter | Recommendation |
|---|---|
| Isolation Mode | YES |
| Enable Borrow | YES |
| Enable Collateral | YES |
| Loan To Value | 75% |
| Liquidation Threshold | 80% |
| Liquidation Bonus | 5% |
| Reserve Factor | 20% |
| Liquidation Protocol Fee | 10% |
| Borrow Cap | 2,500,000 |
| Supply Cap | 7,600,000 |
| Debt Ceiling | $1,900,000 |
| Base | 0% |
| Slope1 | 4% |
| Uoptimal | 80% |
| Slope2 | 75% |