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 |