# Gauntlet Monthly Updates

**URL:** <https://governance.aave.com/t/gauntlet-monthly-updates/11567>\
**Category:** General\
**Created:** [February 4, 2023, 12:53am UTC](https://governance.aave.com/t/gauntlet-monthly-updates/11567 "2023-02-04T00:53:51Z")\
**Posts on this page:** 1\
**Showing post:** 8

<div class="post-metadata">

**Author:** ![Gauntlet](https://dub1.discourse-cdn.com/flex013/user_avatar/governance.aave.com/gauntlet/32/4064_2.png) [@Gauntlet](https://governance.aave.com/u/Gauntlet)\
**Post date:** [July 14, 2023, 5:51pm UTC](https://governance.aave.com/t/gauntlet-monthly-updates/11567/8 "2023-07-14T17:51:49Z")

</div>

## June 2023

**Summary**

Sharing a recap of Gauntlet’s market risk management work with Aave in June 2023. See below for this past month’s work summary and a preview of what’s coming up in July.

| Category | Work Completed | Commmentary |
| --- | --- | --- |
| **Quantitative Research** | Proposed 3 options with 4 levers for [Synchronicity Price Adapter “Killswitch” Functionality for LST Emode](https://governance.aave.com/t/gauntlet-synchronicity-price-adapter-killswitch-functionality-for-lst-emode/13224)  
  
 | Gathered community feedback and proposed 3 options with 4 levers for Synchronicity Price Adapter “Killswitch” Functionality for LST Emode. |
| **Recommendations** | [Deprecated Aave V2 AMM](https://app.aave.com/governance/proposal/?proposalId=239)   
  
[TUSD Offboarding Plan](https://governance.aave.com/t/arfc-tusd-offboarding-plan/14008) in collaboration with ACI   
  
[Lower TUSD LT and LTV on Ethereum V2](https://governance.aave.com/t/arfc-gauntlet-recommendation-on-tusd-for-aave-v2-ethereum/13727)  
  
[Freeze TUSD on Ethereum V2](https://governance.aave.com/t/arfc-freeze-tusd-on-aave-v2-ethereum-pool/13835/2)   
  
[Increase Supply Cap for rETH on Arbitrum v3, BTC.b on Avalanche v3, and wstETH on Optimism v3](https://governance.aave.com/t/arfc-gauntlet-supply-cap-updates-for-avalanche-arbitrum-optimism-v3/14011)  
  
 [Supply Cap Updates for BAL and LINK on Ethereum V3 and OP on Optimism V3](https://governance.aave.com/t/arfc-gauntlet-supply-cap-updates-for-ethereum-v3-optimism-v3-2023-07-05/13917)   
  
 [Risk Parameter Updates for Ethereum V2, V3, and Arbitrum V3](https://governance.aave.com/t/arfc-gauntlet-risk-parameter-updates-for-ethereum-v3-arbitrum-v3-ethereum-v2-2023-06-26/13825)   
  
 [Increase WETH Borrow Cap on Metis V3](https://governance.aave.com/t/arfc-gauntlet-borrow-cap-updates-for-metis-aave-v3-2023-06-29/13845)   
  
 [Increase Supply Cap for AAVE, LINK on Arbitrum V3 and LINK and DPI on Polygon V3](https://governance.aave.com/t/arfc-supply-cap-updates-for-polygon-aave-v3-arbitrum-aave-v3-on-2023-06-17/13744)   
  
[Recommendations and additional analysis on CRV on Aave V2](https://governance.aave.com/t/gauntlet-recommendation-to-freeze-crv-and-set-crv-ltv-0-on-aave-v2/13644)   
  
 [Increase wstETH Supply Cap on Optimism V3](https://governance.aave.com/t/arfc-increase-wsteth-supply-cap-on-optimism/13602)   
  
 | Daily risk simulations and stress tests |
| **Risk Modeling** | [Add GMX to Arbitrum V3](https://governance.aave.com/t/arfc-add-gmx-to-arbitrum-v3/13768/5)   
  
 [Add rETH to Optimism V3](https://governance.aave.com/t/arfc-add-reth-aave-v3-optimism/13795/6)   
  
 [Increase wstETH Supply Cap on Ethereum and Arbitrum V3](https://governance.aave.com/t/arfc-chaos-labs-risk-stewards-increase-supply-caps-wsteth-arbitrum-and-ethereum/13735/2)   
  
 [Increase WETH and METIS Supply Caps and WETH Borrow Cap on Metis V3](https://governance.aave.com/t/arfc-chaos-labs-risk-stewards-increase-supply-caps-on-v3-metis/13787/6)   
  
 [Increase rETH Supply and Borrow Cap](https://governance.aave.com/t/arfc-chaos-labs-risk-stewards-increase-caps-reth-and-wsteth-on-v3-arbitrum/13817/3)   
  
 [Aave V3 Deployment on BNB Chain](https://governance.aave.com/t/arfc-aave-v3-deployment-on-bnb-chain/12609/23)   
  
 [USDT Risk Parameters Update Ethereum V3](https://governance.aave.com/t/arfc-usdt-risk-parameters-update-aave-v3-eth-pool/13571/4)   
  
 [Increase WETH Borrow Cap on Arbitrum V3](https://governance.aave.com/t/arfc-risk-stewards-increase-borrow-cap-weth-arbitrum/13616/2)   
  
 [Add native USDC to Arbitrum V3](https://governance.aave.com/t/arfc-add-native-usdc-to-the-arbitrum-v3-pool/13568/3)   
  
 [Increase sAVAX Supply Cap on Avalanche V3](https://governance.aave.com/t/arfc-increase-supply-caps-for-lsts-on-aave-v3/13240/15)   
  
 [Increase wstETH Supply Cap on Arbitrum V3](https://governance.aave.com/t/arfc-use-risk-stewards-to-increase-wsteth-supply-cap/13578/4)   
  
 | Firefighting during unique market stress events. Risk modeling to provide insight into the risk/reward tradeoffs of Aave initiatives |
| **Risk Monitoring and Alerting** | Continuous Aave market updates in [Telegram Channel](https://t.me/aavemarketalertsgauntlet), open to the public, for alerts from Gauntlet’s monitoring platform   
  
 | Gauntlet’s risk monitoring platform alerts the community of risk updates |
| **Feature Upgrades** | Added [Correlated Liquidation Curve Graphs](https://risk.gauntlet.network/protocols/aave/markets/arbitrum/assets/weth?fullscreen=correlated_liquidations) to the [Gauntlet Aave Dashboard](https://risk.gauntlet.network/protocols/aave), which model likely liquidations at various price drops of the collateral asset, taking into account correlated price drops in other collateral assets as part of the simulated market downturn event   
  
 Added [Local](https://risk.gauntlet.network/protocols/aave/markets/polygon/assets/weth?fullscreen=25_percent_local_liquidity) and [Global Liquidity Graphs](https://risk.gauntlet.network/protocols/aave/markets/polygon/assets/weth?fullscreen=2_percent_liquidity) to the [Gauntlet Aave Dashboard](https://risk.gauntlet.network/protocols/aave), which provide more transparency in the liquidity data that informs our recs | Gauntlet continuously upgrades its product offering |

**Highlights**

- After gathering community feedback, proposed 3 options with 4 levers for the [Synchronicity Price Adapter “Killswitch” Functionality for LST Emode](https://governance.aave.com/t/gauntlet-synchronicity-price-adapter-killswitch-functionality-for-lst-emode/13224/8).
- Collaborated with ACI to put forward an [offboarding plan for TUSD](https://governance.aave.com/t/arfc-tusd-offboarding-plan/14008) on Aave V2 Ethereum to gauge community preference and thoughts around further TUSD deprecation.
- [Deprecated Aave V2 AMM](https://app.aave.com/governance/proposal/?proposalId=239).
- Provided analysis and recommendations for adding GMX, rETH, and Arbitrum native USDC. Gauntlet will continue to provide analysis for additions of new assets on Aave.

**Upcoming Selected Work**

- Proceed forward with snapshot for Synchronicity Price Adapter “Killswitch” Functionality for LST Emode
- Provide risk analysis on Aave’s launches across chains
- Continuously monitor and increase supply caps if recommended via the Risk Steward process
- Continued support of community initiatives and market alerts

We are happy to answer any questions or hear any feedback - feel free to comment below.

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_[View the full topic](https://governance.aave.com/t/gauntlet-monthly-updates/11567)._
