Gauntlet Interest Rate Recommendations for WETH and WMATIC on v2 and v3

Thanks for the community’s participation in the snapshot— option 1, lowering slope 1 of WETH on all v3 to 3.3% had the highest vote (66.6%). However, given the community preferred not to move forward with lowering WETH Uopt, we no longer recommend changing slope 1 to 3.3% on v3 Ethereum due to increased risks of high utilization. We continue to recommend lowering slope 1 of WETH to 3.3% on all v3 markets except Ethereum. We target publishing the AIP on Monday, September 25.