Gauntlet Moonwell Quarterly Updates Q3 2023
Summary and Highlights
Sharing a recap of Gauntlet’s market risk management work with Moonwell in Q3 2023.
| Category | Work Completed | Commmentary |
|---|---|---|
| 3 Routine Recommendations for Artemis via Governance | Risk Parameter Recommendations 1 - July 12 Risk Parameter Recommendations 2 - August 29 Risk Parameter Recommendations 3 - September 19 |
Daily risk simulations and stress tests Adjusting protocol parameters to combat market volatility and support growing the protocol safely |
| 4 Recommendations for BASE | BASE IR Improvement - August 15 DAI New Asset Listing Recs - August 17 BASE Market Risk Update via Forum - August 31 USDC New Asset Listing Recs - September 6 Risk Parameter Recommendations - September 19 |
Daily risk simulations and stress tests Adjusting protocol parameters to combat market volatility and support growing the protocol safely Risk analysis and modeling to support new asset listings on new BASE ecosystem |
| 3 Routine Recommendations for Apollo via Governance | Risk Parameter Recommendations 1 - Jul 10 Risk Parameter Recommendations 2 - August 29 Risk Parameter Recommendations 3- September 19 |
Daily risk simulations and stress tests Adjusting protocol parameters to combat market volatility and support growing the protocol safely |
Gauntlet Onboarded as Risk Guardians |
Gauntlet <> Moonwell BASE Risk Guardian Snapshot Vote 4 Cap Guardian Changes Executed - Lower cbETH Supply & Borrow Cap on BASE (2023-08-24) - Increase DAI Supply Cap (2023-09-03) - USDbC Guardian Borrow & Supply Cap (2023-09-13) - USDC Borrow & Supply Cap Correction (2023-09-14) |
Gauntlet is thrilled to support the deployment of Moonwell’s BASE instance and support the community as Risk Guardians. This quarter we executed 4 Cap Guardian Changes. |
| Risk Modeling via Forum and Governance | Multichain Risk Recs and Snapshot - including risk modeling, risk recommendation triggers, and continuous monitoring. |
Firefighting during unique market stress events. Risk modeling to provide insight into the risk/reward tradeoffs of Moonwell initiatives |
Upcoming Selected Work
- BASE Support: As BASE continues to grow, Gauntlet is excited to support Moonwell with new asset listing recommendations and dynamic risk monitoring to ensure Moonwell is sufficiently optimizing for capital efficiency. Congrats to the MW team on their progress with BASE so far!
- Continued support on native MW instances via Routine and Special Situation Risk Parameter Recommendations
- Continued support of community initiatives and market alerts
We are happy to answer any questions or hear any feedback - feel free to comment below.