GOVERNANCE
Gauntlet Proposes 80% rsETH Collateral Factor for Orderly Unwind
Gauntlet proposes raising rsETH's borrow collateral factor to 80% on Ethereum WETH Comet to enable orderly unwinding. Currently at 0%, borrowers can't withdraw rsETH collateral until fully repaying WETH debt, blocking looped positions. The 80% level is below rsETH's original 88%. Supply cap stays at 0, preventing new supply. Community feedback is sought.
