April 2023
Summary
Sharing a recap of Gauntlet’s market risk management work with Compound in April 2023. See below for this past month’s work summary and a preview of what’s coming up.
| Category | Work Completed | Commmentary |
|---|---|---|
| Quantitative Research | Improved Value at Risk methodology after months of R&D Parameter recommendations for Compound V3 USDC Comet on Arbitrum |
Gauntlet has conducted research on improving Value at Risk for more transparency, accuracy, and consistency |
| Recommendations |
Polygon USDC Comet Incentives & Risk Parameter recommendations Implemented Phase 2 of Compound Migration |
Daily risk simulations and stress tests |
| Risk Modeling |
April 7th Migration Update April 14th Migration Update April 21st Migration Update wETH Comet cbETH Update |
Risk modeling to provide insight into new market launches for Compound as well as protocol-wide initiatives |
| Feature Upgrades | Launched Discord Market Alerts from Gauntlet Launched version 2 of Gauntlet’s risk dashboard including updated cross-chain analytics |
|
| Risk Alerts | Continued updates from our alerting platform |
Risk monitoring and alerting is part of Gauntlet’s market risk management offfering |
Highlights
- Provide incentive optimization and risk parameter recommendations for USDC Comet on Polygon
- After months of research and development, released updated Value at Risk (VaR) methodology
- Provide continuous updates on Compound V2 → V3 migration
- Provide initial parameter recommendations on Compound Comet launch on Arbitrum
- Launched Version 2 of Gauntlet’s risk dashboard across all Compound markets and Comets
Upcoming Selected Work
- On-chain proposal for Polygon incentives and risk parameter changes
- Phase 3 of migration
- Risk modeling for upcoming Arbitrum launch
We are happy to answer any questions or hear any feedback from the community.