[ARFC] Deprecate Aave V2 AMM Market - Step 2
[ARFC] Deprecate Aave V2 AMM Market - Step 2
Author
Gauntlet
Creator
0x683a4F9915D6216f73d6Df50151725036bD26C02
Simple Summary
A proposal for further deprecation recommendations on Aave AMM v2. For more details, see the full forum post here.
Motivation
Gauntlet aims to reduce the remaining $94k borrow position and migrate users off the AMM market. Further analysis and information can be found in our forum post.
Specification
Gauntlet recommends to increase reserve factor to 99% for the following assets:
| Asset | Current RF | Recommended RF |
|---|---|---|
| WETH | 0.1 | 0.99 |
| DAI | 0.1 | 0.99 |
| USDC | 0.1 | 0.99 |
| WBTC | 0.2 | 0.99 |
| USDT | 0.1 | 0.99 |
Gauntlet recommends to adjust the IR params for the following assets:
| Asset | Current Variable Base | Recommended Variable Base | Current Variable Slope1 | Recommended Variable Slope1 |
|---|---|---|---|---|
| WETH | 0 | 0.06 | 0.08 | No Change |
| DAI | 0 | 0.04 | 0.04 | 0.1 |
| USDC | 0 | 0.04 | 0.04 | 0.1 |
| WBTC | 0 | 0.05 | 0.08 | No Change |
| USDT | 0 | 0.06 | 0.04 | 0.1 |
References
- Implementation: AaveV2EthereumAMM
- Tests: AaveV2EthereumAMM
- Snapshot
- Discussion
Disclaimer
Gauntlet has not been compensated by any third party for publishing this ARFC.
Copyright
Copyright and related rights waived via CC0.
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