Gauntlet Proposes WETH Borrow Rate Curve Update

Gauntlet proposes Ethereum WETH comet IRM update. Borrow base rises 1.00% to 1.50%; slope below kink halves. Kink APR stays 2.00%; supply curve untouched. Reserves fell 12.76 WETH over 87 days, draining ~0.147 WETH daily. Change halves depletion below kink; suppliers unaffected, borrowers pay nothing extra at/above kink.