Gauntlet Monthly Updates 2024

January 2024

Summary

Sharing a recap of Gauntlet’s market risk management work with Compound in January 2024. See below for this past month’s work summary and a preview of what’s coming up in February 2024.

Highlights

Category Work Completed Commentary
Quantitative Research Continuous research on Incentive Optimization for Compound’s incentive rewards

Incentives are used to bootstrap liquidity, promote growth, and facilitate decentralized governance growth.
Recommendations Executed V2 Deprecation Phase 6, Phase 7, Phase 8 and posted recommendations for Phase 9

Interest rate curve recommendations on Ethereum v3 USDC & Polygon v3 USDC.e

Initial asset listing recommendations for Scroll v3 USDC

Risk recommendations for Polygon v3 USDC.e

Risk recommendations for Ethereum v3 USDC

Risk recommendations for Base and Arbitrum v3

Parameter recommendations for a USDC native comet on Base V3

Risk Recommendations for Ethereum v3 USDC
Daily risk simulations and stress tests.
Risk Modeling and Incentive Optimization Compound reserves and targetReserves update

Analysis of the Compound v3 Liquidation Mechanism

Base rewards contract top-up

Analysis on LSD liquidity, and exchange rate price vs market price for LSDs

Published weekly market updates for all Compound comets: Arbitrum USDC.e, Arbitrum Native USDC, Polygon USDC.e, Ethereum USDC, Ethereum ETH, BASE USDbC, BASE WETH
Risk modeling to provide insight into new market launches for Compound as well as protocol-wide initiatives. Data-driven incentive optimization to help bootstrap liquidity, promote growth and facilitate decentralized governance growth.
Feature Upgrades Launched Slippage Curve Charts on Gauntlet’s risk dashboard. Covering a wide range of tokens and chains, the charts can be filtered to focus on the collateral safety of each asset on a specific L1 or L2. Gauntlet continuously upgrades its product offering.
Risk Alerts Continued updates from our alerting platform

Risk monitoring and alerting is part of Gauntlet’s market risk management offering.

Upcoming Selected Work

We are happy to answer any questions or hear any feedback from the community.

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February 2024

Summary

Sharing a recap of Gauntlet’s market risk management work with Compound in February 2024. See below for this past month’s work summary and a preview of what’s coming up in March 2024.

Highlights

Category Work Completed Commentary
Quantitative Research Continuous research on Incentive Optimization for Compound’s incentive rewards

Incentives are used to bootstrap liquidity, promote growth, and facilitate decentralized governance growth.
Recommendations Executed V2 deprecation Phase 9, posted recommendations for Phase 10

Executed risk recommendations for Ethereum v3 USDC

Risk recommendations for Base v3 and Arbitrum v3

Initial parameter recommendations for USDC Native Base Comet

Risk recommendations for Ethereum v3 USDC

TargetReserves recommendations for Ethereum v3 USDC

Initial asset listing recommendations for Ethereum v3 USDT

Initial asset listing recommendations for Optimism v3 USDT & USDC comets
Daily risk simulations and stress tests.
Risk Modeling and Incentive Optimization Executed Base rewards contract top-up

Analysis of Exchange vs Market rate price feeds

Incentives recommendations for native USDC Base comet

Polygon rewards contract top-up

Published weekly market updates for all Compound comets: Arbitrum USDC.e, Arbitrum Native USDC, Polygon USDC.e, Ethereum USDC, Ethereum ETH, BASE USDbC, BASE WETH
Risk modeling to provide insight into new market launches for Compound as well as protocol-wide initiatives. Data-driven incentive optimization to help bootstrap liquidity, promote growth and facilitate decentralized governance growth.
Feature Upgrades Gauntlet’s Compound Risk Dashboard showcases and visualizes the market health and conditions of every comet on Compound, including data on top positions, assets, utilization rate, concentration, returns, liquidations, account health, and more. Gauntlet continuously upgrades its product offering.
Risk Alerts Continued updates from our alerting platform

Risk monitoring and alerting is part of Gauntlet’s market risk management offering.

Upcoming Selected Work

  • Execute V2 Deprecation (Phase 10)
  • Interest rate recommendations for all Compound comets
  • Continuous monitoring of utilization levels and supply cap usage across all Compound comets
  • Continue support of community initiatives and market alerts

We are happy to answer any questions or hear any feedback from the community.

March 2024

Summary

Sharing a recap of Gauntlet’s market risk management work with Compound in March 2024. See below for this past month’s work summary and a preview of what’s coming up in April 2024.

Highlights

Quantitative Research

Category Work Completed Commentary
Quantitative Research Continuous research on Incentive Optimization for Compound’s incentive rewards

Incentives are used to bootstrap liquidity, promote growth, and facilitate decentralized governance growth.
Recommendations Executed V2 Deprecation Phase 10 (Part 1 & 2)

Executed targetReserves recommendations for Ethereum v3 USDC

Initial asset listing recommendations for Arbitrum v3 USDT

Interest rate and reward recommendations for USDC comets

Initial asset listing recommendations for gmBTC

Interest rate and reward recommendations for Base v3 WETH

Interest rate recommendations for Arbitrum USDC

Risk recommendations for Polygon USDC.e

Initial parameter recommendations for ezETH and Ethereum WETH v3 comet
Daily risk simulations and stress tests.
Risk Modeling and Incentive Optimization Executed Polygon rewards top-up recommendations

Analysis of Exchange vs Market rate price feeds and continued discussions

Added historical trends of supply and borrow APR for base assets per v3 market in weekly updates

Published weekly market updates for all Compound comets: Arbitrum USDC.e, Arbitrum Native USDC, Polygon USDC.e, Ethereum USDC, Ethereum ETH, BASE USDbC, BASE WETH
Risk modeling to provide insight into new market launches for Compound as well as protocol-wide initiatives. Data-driven incentive optimization to help bootstrap liquidity, promote growth and facilitate decentralized governance growth.
Feature Upgrades Gauntlet’s Compound Risk Dashboard showcases and visualizes the market health and conditions of every comet on Compound, including data on top positions, assets, utilization rate, concentration, returns, liquidations, account health, and more. Gauntlet continuously upgrades its product offering.
Risk Alerts Continued updates from our alerting platform

Risk monitoring and alerting is part of Gauntlet’s market risk management offering.

Upcoming Selected Work

  • Execute V2 Deprecation Phase 11
  • Interest rate, risk parameter recommendations, and incentives optimization for all Compound comets
  • Continuous monitoring of utilization levels and supply cap usage across all Compound comets
  • Continue support of community initiatives and market alerts

We are happy to answer any questions or hear any feedback from the community.