May 2023
Summary
Sharing a recap of Gauntlet’s market risk management work with Compound in May 2023. See below for this past month’s work summary and a preview of what’s coming up.
Category | Work Completed | Commmentary |
---|---|---|
Quantitative Research | Expanded Gauntlet’s continuous Incentive Optimization for Compound’s incentive rewards |
Incentives are used to bootstrap liquidity, promote growth, and facilitate decentralized governance growth. |
Recommendations | Implemented Risk Parameter Updates for Polygon Compound v3 USDC Implemented IR Curve Recommendations for Compound v3 USDC |
Daily risk simulations and stress tests. |
Risk Modeling and Incentive Optimization |
Polygon Compound v3 USDC Update Arbitrum Compound v3 USDC Update Migration Update |
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 | Cap Usage Graphs (example) for borrow and supply caps where applicable Dashboard usability improvements, including full screen graphs, direct links to graphs |
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 offfering. |
Highlights
- Gauntlet’s Polygon Compound v3 USDC proposal on I/O and supply caps increases resulted in a growth of 222% in USDC supply and 163% in USDC borrow.
- Expanded Gauntlet’s continuous Incentive Optimization for Compound’s incentive rewards
- Implemented IR Curve Recommendations for Compound v3 USDC
- Provided continuous updates on Compound V2 → V3 migration
- Improved UX of Compound Dashboard
Upcoming Selected Work
- Conduct market risk analysis and incentive optimization to support Compound’s launches on new chains such as Base
- Parameter recommendations for MaticX and stMATIC
We are happy to answer any questions or hear any feedback from the community.