[Gauntlet] - WETH Arbitrum v3 Global Param Updates
01Summary
Gauntlet recommends decreasing the Base Borrow Min for Arbitrum WETH Comet from 0.1 WETH to 0.000001 WETH and decreasing the Base Min for Rewards from 1000 WETH to 100 WETH to align with Base WETH Comet settings and enable lower borrowing amounts and earlier incentive activation.
- Type
- parameter change
Key changes
- Decrease Base Borrow Min from 0.1 WETH to 0.000001 WETH(high)
- Decrease Base Min for Rewards from 1000 WETH to 100 WETH(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 a single cross-chain governance action: an L1 retryable ticket that forwards a payload to Arbitrum's Configurator. Decoding the embedded calldata shows three encoded calls: setBaseBorrowMin(comet, 1e12) which equals 0.000001 WETH (matches the described decrease from 0.1 to 0.000001 WETH), setBaseMinForRewards(comet, 1e20) which equals 100 WETH (matches the described decrease from 1000 to 100 WETH), and deployAndUpgradeTo(configurator, comet). The third call is the standard, routine step required to push Configurator parameter changes live on the Comet proxy — this is boilerplate mechanics for Comet governance and is reasonably omitted from a summary-level description, consistent with the 'legitimate summarization' guidance. The numeric values, once unit-converted (WETH has 18 decimals), exactly match the prose's stated old/new figures. The target addresses used for the parameter-setting calls are consistent with each other and with a Configurator/Comet pair, and the overall mechanism (single retryable-ticket action carrying a multi-call L2 payload) is the expected, standard pattern for Arbitrum Comet parameter updates. No numeric, target, or scope mismatches were found between the description and the decoded actions.
Generated by Kvorum
04Actions
- Target
- 0x4dbd…ab3f
- Value
- 2437023500000000 wei
- Function
- createRetryableTicket(address,uint256,uint256,address,address,uint256,uint256,bytes)
- Arguments
{ "0": "0x42480C37B249e33aABaf4c22B20235656bd38068", "1": "0", "2": "1739210000000000", "3": "0x3fB4d38ea7EC20D91917c09591490Eeda38Cf88A", "4": "0x3fB4d38ea7EC20D91917c09591490Eeda38Cf88A", "5": "1395627", "6": "500000000", "7": "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" }- Calldata
05Tally
Summed from votes
06Voters
| Voter | Choice | % of total | Rationale | ||
|---|---|---|---|---|---|
| 220x2210…d02e | For | 54.5K | 9.60% | — | 2y ago |
| B90xb933…8dd1 | For | 54K | 9.50% | — | 2y ago |
| 680x683a…6c02 | For | 50.1K | 8.81% | — | 2y ago |
| 7A0x7ae1…e585 | For | 50K | 8.80% | — | 2y ago |
| B40xb49f…7948 | For | 50K | 8.80% | — | 2y ago |
| 070x0703…961b | For | 50K | 8.80% | — | 2y ago |
| 130x13bd…8548 | For | 50K | 8.80% | — | 2y ago |
| 7B0x7b3c…cc33 | For | 50K | 8.80% | — | 2y ago |
| DC0xdc1f…e432 | For | 50K | 8.80% | — | 2y ago |
| TEtennisbowling.eth0xc3aa…f546 | For | 47.5K | 8.36% | — | 2y ago |
| 2B0x2b38…bf33 | For | 32.5K | 5.72% | — | 2y ago |
| 3F0x3fb1…4c8a | For | 25.6K | 4.50% | — | 2y ago |
| B30xb356…c826 | For | 3.9K | 0.69% | — | 2y ago |
| 720x72c5…7708 | For | 12 | 0.00% | — | 2y ago |
| E40xe459…e666 | For | 5.2 | 0.00% | — | 2y ago |
| 050x0579…ca09 | For | 1 | 0.00% | — | 2y ago |
| 060x06c4…66a2 | For | 0.1 | 0.00% | — | 2y ago |
| D80xd8de…ae41 | For | 0.1 | 0.00% | — | 2y ago |
| 880x88f6…0ec0 | For | 0 | 0.00% | — | 2y ago |
| 9E0x9e4d…9636 | For | 0 | 0.00% | — | 2y ago |
07Forum
No forum thread is confidently linked to this proposal.
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