Summary and Highlights
Sharing a recap of Gauntlet’s market risk management work with Venus in Q1 2023.
| Category | Work Completed | Commmentary |
|---|---|---|
| 5 Routine Recommendations via Governance |
Risk Parameter Recommendations 1 - Jan 26 Risk Parameter Recommendations 2 - Feb 11 Risk Parameter Recommendations 3 - Feb 23 Risk Parameter Recommendations 4 - March 6 Risk Parameter Recommendations 5 - March 23 |
Daily risk simulations and stress tests Adjusting protocol parameters to combat market volatility and support growing the protocol safely |
| 2 Special Situation Recommendations |
Initial Param Recs for SXP - Feb 17 Initial Param Recommendations for TRX (new) - Feb 25 |
Utilizing risk simulations and stress tests to respond to market risk events by adjusting protoocl parameters as needed. |
|
Interest Rate Curve Recommendations via Governance |
Published methodology and recommendations for Interest Rate Curves to increase protocol revenue and mitigate risk during periods of high utilization. | As requested by the community, we expanded our scope to cover interest rate curve optimization. |
| Risk Modeling via Forum and Governance |
USDC volatility firefighting, including risk modeling, risk recommendation triggers, and continuous monitoring. BUSD Risk Analysis and Potential Deprecation Plan |
Firefighting during unique market stress events. Risk modeling to provide insight into the risk/reward tradeoffs of Venus initiatives |
Upcoming Work
- Support of Isolated Pools as needed
- Continued support via Routine and Special Situation Risk Parameter Recommendations
- Continued support of community initiatives and market alerts
We are happy to answer any questions or hear any feedback - feel free to comment below.