In the coming days we will post all relevant contracts related to the price feeds that were deployed as well as the tests and simulations completed with the comet scenario suite.
The @Gauntlet update of the week for the USDC Comet on Base shows another net loss of $5.9K, bringing the total loss of the comet to over $161K.
The comet could already be operating at a profit with a mere 50% recapture rate on liquidation incentives paid ($327K total), but is instead actively losing Compound money.
We’d love to receive feedback/comments from the Compound community before putting the proposal up for an on-chain vote.