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.