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Gauntlet Cuts rsETH Collateral Factor on WETH Comet

Gauntlet proposes isolating rsETH on Ethereum WETH Comet due to elevated risk from the April 2026 Kelp bridge exploit and lack of DEX liquidity. Recommendation: cut liquidate collateral factor (LCF) from 93% to 88% and raise liquidation penalty from 4% to 6%. This makes three positions liquidatable; 10-day notice advised.

COMP.XYZ · JUL 8