Transaction Details

Transaction Hash:
0xf3 69da09b22f7c305ef7a668e5f14a21157df4cd13dd6d92f0d2ee750288 4b4a
Status:
Success
Block:
19422044 Finalized
Timestamp:
2024-03-12 22:40:47 +0000 UTC
Interacted With:
Contract
gauntletgov.eth
Value:
0 ETH 0.00 ETH
Transaction Fee:
0.38380662 ETH 0.38 ETH
Effective Gas Price:
58.19989855 GWei
Execution Stats:
Used 6594627 out of 7434631 Gas (89%)
Gas Fees:
Base Block Fee: 57.83708107 GWei | Max Overall Fee: 62 GWei | Max Priority Fee: 0.36281748 GWei
Attributes:
Txn Type: 2 (EIP-1559)
Nonce: 56
Block Position: 9
Call Data:
Name:
ProposalCreated(uint256 id, address proposer, address[] targets, uint256[] values, string[] signatures, bytes[] calldatas, uint256 startBlock, uint256 endBlock, string description)
Topics:
0 0x7d84a6263ae0d98d3329bd7b46bb4e8d6f98cd35a7adb45c274c8b7fd5ebd5e0
Data (Decoded):
calldatas bytes[]
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description string
# [Gauntlet] USDC Comets - Interest Rate Curve & Reward Recommendations (3/11/24) ## Simple Summary A proposal from Gauntlet to adjust IR Curves and Incentives to v3 Comets USDC Ethereum, USDC Arbitrum, and USDC Polygon. We recommend the following Incentives to v3 Comets USDC Arbitrum, and USDC Polygon: | Markets | Daily COMP Supply Rewards (Tokens) | Daily COMP Borrow Rewards (Tokens) | Recommended Daily COMP Supply Rewards (Tokens) | Recommended Daily COMP Borrow Rewards (Tokens) | | ---------------------------- | ---------------------------------- | ---------------------------------- | ---------------------------------------------- | ---------------------------------------------- | | Compound III USDC (Arbitrum) | 20 | 20 | 17 | 8 | | Compound III USDC (Polygon) | 34.7 | 34.7 | 16 | 7 | We recommend the following IR curves to v3 Comets USDC Ethereum, USDC Arbitrum, and USDC Polygon: | Parameter | Recommended Value | | --- | --- | | Annual Supply Interest Rate Base | 0 | | Annual Supply Interest Rate Slope Low | .075 | | Supply Kink | .9 | | Annual Supply Interest Rate Slope High | 3.6 | | Annual Borrow Interest Rate Base | .015 | | Annual Borrow Interest Rate Slope Low | .0833 | | Borrow Kink | .9 | | Annual Borrow Interest Rate Slope High | 4.3 | For more details, see the full forum post [here](https://www.comp.xyz/t/gauntlet-usdc-comets-interest-rate-curve-reward-recommendations-3-7-24/5051). ## Motivation Given the rising demand for USDC borrowing and the maturity of existing USDC comets, Gauntlet proposes updating the IR borrow curves and incentives to increase capital efficiency. [Full proposal and forum discussion](https://www.comp.xyz/t/gauntlet-usdc-comets-interest-rate-curve-reward-recommendations-3-7-24/5051) ## Specification The proposal updates the base tracking borrow and supply speeds, the supply/borrow kink, the borrow/supply per year interest rate high slope, the borrow/supply per year interest rate low slope and the supply/borrow interest rate base by using the respective methods on the Configurator. ***By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.network/tos.***
endBlock uint256
19454894
id uint256
226
proposer address
signatures string[]
[setBorrowKink(address,uint64) setBorrowPerYearInterestRateBase(address,uint64) setBorrowPerYearInterestRateSlopeLow(address,uint64) setBorrowPerYearInterestRateSlopeHigh(address,uint64) setSupplyKink(address,uint64) setSupplyPerYearInterestRateSlopeLow(address,uint64) setSupplyPerYearInterestRateSlopeHigh(address,uint64) deployAndUpgradeTo(address,address) sendMessageToChild(address,bytes) createRetryableTicket(address,uint256,uint256,address,address,uint256,uint256,bytes)]
startBlock uint256
19435184
targets address[]
[0x316f9708bB98af7dA9c68C1C3b5e79039cD336E3 0x316f9708bB98af7dA9c68C1C3b5e79039cD336E3 0x316f9708bB98af7dA9c68C1C3b5e79039cD336E3 0x316f9708bB98af7dA9c68C1C3b5e79039cD336E3 0x316f9708bB98af7dA9c68C1C3b5e79039cD336E3 0x316f9708bB98af7dA9c68C1C3b5e79039cD336E3 0x316f9708bB98af7dA9c68C1C3b5e79039cD336E3 0x1EC63B5883C3481134FD50D5DAebc83Ecd2E8779 0xfe5e5D361b2ad62c541bAb87C45a0B9B018389a2 0x4Dbd4fc535Ac27206064B68FfCf827b0A60BAB3f]
values uint256[]
[0 0 0 0 0 0 0 0 0 10129527000000000]
Data (Hex):