We agree to support listing PYUSD to Ethereum V3 as a non-collateral asset.
Interest Rates
Gauntlet accepts setting Interest Rates in line with Stablecoin IR and in tandem with the rest of the stablecoin assets having a slope 1 to 6%.
Supply and Borrow Caps
We agree with above recommendation to set Supply and Borrow caps conservatively at 10,000,000 and 9,000,000 respectively.
| Parameter | Value |
|---|---|
| Isolation Mode | No |
| Borrowable | Yes |
| Collateral Enabled | No |
| Supply Cap (PYUSD) | 10M |
| Borrow Cap (PYUSD) | 9M |
| Debt Ceiling | N/A |
| LTV | N/A |
| LT | N/A |
| Liquidation Bonus | N/A |
| Liquidation Protocol Fee | 10.00% |
| Variable Base | 0.00% |
| Variable Slope1 | 6.00% |
| Variable Slope2 | 80.00% |
| Uoptimal | 80.00% |
| Reserve Factor | 20.00% |
| Stable Borrowing | Disabled |
| Stable Slope1 | 13.00% |
| Stable Slope2 | 300.00% |
| Base Stable Rate Offset | 3.00% |
| Stable Rate Excess Offset | 8.00% |
| Optimal Stable To Total Debt Ratio | 20.00% |
| Flashloanable | No |
| Siloed Borrowing | No |
| Borrowed in Isolation | No |