[Gauntlet] - WETH Arbitrum v3 Global Param Updates
01Summary
Gauntlet proposes to update two parameters for the Arbitrum WETH Comet: decrease Base Borrow Min from 0.1 WETH to 0.000001 WETH to allow smaller borrows, and decrease Base Min for Rewards from 1000 WETH to 100 WETH to enable earlier incentive activation. These changes align Arbitrum's WETH market settings with the Base WETH Comet.
- Type
- parameter change
Key changes
- Decrease Base Borrow Min from 0.1 WETH to 0.000001 WETH to allow users to borrow lower amounts of WETH(medium)
- Decrease Base Min for Rewards from 1000 WETH to 100 WETH to allow incentives to activate earlier in the market(medium)
Generated by Kvorum
02Description
[Gauntlet] - WETH Arbitrum v3 Global Param Updates
Simple Summary
Gauntlet recommends the following Comet parameter updates for the Arbitrum WETH comet:
- Decrease Base Borrow Min from 0.1 WETH to 0.000001 WETH
- Decrease Base Min for Rewards from 1000 WETH to 100 WETH
Motivation
Gauntlet recommends to adjust these params to match the setting on Base WETH Comet. The adjustment to lower BASE Borrow Min will allow users to borrow lower amounts of WETH and Base Min Rewards the adjustment will allow the incentives to kick off earlier within the market. Full proposal and forum discussion
Specification
The proposal updates the setBaseBorrowMin and setBaseMinForRewards by using the respective methods on the Configurator.
By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.network/tos.
03Mismatch analysis
The proposal is executed as a single L1 retryable-ticket call that bridges a bundle of Arbitrum L2 governance actions, which is the standard mechanism Compound uses for cross-chain Comet parameter changes. Decoding the nested calldata reveals three sub-calls: setBaseBorrowMin and setBaseMinForRewards on the Configurator contract, and a deployAndUpgradeTo call that applies the new configuration to the Comet proxy. The numeric values embedded in the calldata (0xE8D4A51000 = 1e12 wei and 0x56BC75E2D63100000 ≈ 1e20 wei) convert to exactly 0.000001 WETH and 100 WETH respectively, matching the description's stated target values for Base Borrow Min and Base Min for Rewards. The deployAndUpgradeTo call is routine boilerplate required to activate Configurator changes on the Comet proxy and is not separately described, but this omission is standard practice for this contract type and not a material discrepancy. No value, target, or directional mismatches were found between the prose and the decoded actions.
Generated by Kvorum
04Actions
- Target
- 0x4dbd…ab3f
- Value
- 2563896500000000 wei
- Function
- createRetryableTicket(address,uint256,uint256,address,address,uint256,uint256,bytes)
- Arguments
{ "0": "0x42480C37B249e33aABaf4c22B20235656bd38068", "1": "0", "2": "1739210000000000", "3": "0x3fB4d38ea7EC20D91917c09591490Eeda38Cf88A", "4": "0x3fB4d38ea7EC20D91917c09591490Eeda38Cf88A", "5": "1649373", "6": "500000000", "7": "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" }- Calldata
05Tally
Summed from votes
06Voters
No votes recorded yet.
07Forum
No forum thread is confidently linked to this proposal.
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