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GOVERNANCE

Gauntlet Proposes Optimism USDC and USDT IRM Boost

Gauntlet proposes IRM update for Optimism USDC and USDT. Borrow rate base rises 1.5% to 3.0%, slope flattens below kink. Supply curve, kink, and high-utilization slope stay unchanged. Break-even moves from ~76% to ~54% utilization, cutting worst-case reserve depletion ~80%. Eight-week monitor tracks churn and reserve growth; rollback possible.

COMP.XYZ · JUN 17