Thanks Gauntlet for the updates on the incentive optimization. It’s noteworthy that the significant growth in Arbitrum USDC is largely fueled by the $ARB supply.
Comparing the LTV between AAVE and Comet:
| LTV | WETH | WBTC | ARB |
|---|---|---|---|
| AAVE | 82.5% | 73.0% | 50.0% |
| Comet | 78.0% | 70.0% | 55.0% |
Presently, Comet offers much lower borrowing interest rates than AAVE, which should create substantial demand in the lending market, provided the LTV becomes more competitive. Therefore, should we also consider increasing the LTV for $WETH and $WBTC, to make the proposition more enticing for potential users?