Gauntlet Interest Rate Recommendation for WETH Base Rate
Vote Result: Option 1
Rationale
Option 1 is a clearer statement of adjusting the slope1 for WETH on all v3 to 3.3% than the original statement, which most of the community agrees but still has a bit of controversy. The explanation that Gauntlet gives this time should eliminate any concerns and we therefore would recommend going with Option 1 and will vote YES in favour of Option 1.
Note: We were not able to execute our vote on this Snapshot since our voting power was migrated to a new address after the Snapshot was created. We have communicated our vote and rationale here for the sake of transparency.