Gauntlet partners with rival Morpho for new lending products
Crypto risk manager Gauntlet has partnered with decentralized lender Morpho to create its own lending products using Morpho's service, MorphoBlue. This move was made after Gauntlet split from blockchain lending platform Aave. Gauntlet chose to work with Morpho due to their endorsement of a layered risk management approach, which is more efficient than Aave's traditional monolithic approach. The partnership also offers Gauntlet the potential to earn more money and greater flexibility. However, Gauntlet has lost support from Aave DAO due to their work with competitor Morpho, but denies any exclusivity agreement with them.
Gauntlet launches new proposal for Polygon V3, proposing to set supply and borrowing caps for agEUR and jEUR
Gauntlet has launched a new proposal for Polygon V3 in the Aave community. Based on Gauntlet's supply and borrowing limit methods, Gauntlet proposes to set supply and borrowing limits for agEUR and jEUR. Currently, agEUR borrowing is disabled as a borrowing option and cannot be used as collateral. Nevertheless, all assets should have supply and borrowing limits set. The proposal will be snapshot on November 13, 2023.
Gauntlet launches "GHO Stability and Anchoring Community Initiative" temperature check proposal
Gauntlet launched a "GHO Stability and Anchoring Community Plan" temperature check proposal at the Aave Community Governance Forum. The proposal outlines the current behavior of GHO coin issuers and their relationship with the GHO market price, potential methods to stimulate GHO demand, other suggestions for the community's liquidity plan discussions, and views on how to arrange key GHO updates for maximum impact. The next step is for community members to provide feedback on this analysis.
Aave community votes on "GHO Stability and Anchoring Plan" to open temperature check
Aave community has initiated a temperature check vote on the "GHO Stability and Anchoring Community Plan". Gauntlet hopes to help formalize community discussions around strengthening the GHO connection and organizing its core components through actionable projects. The proposal outlines the current behavior of GHO coin issuers and their relationship with the GHO market price; potential methods to stimulate GHO demand, and other suggestions for the liquidity plan discussed by the community; views on how to arrange key GHO updates for maximum impact. The next step is for community members to provide feedback on this analysis.