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# System prepended metadata

title: '[Gauntlet] 2024-03-11: Compound V2 Deprecation (Phase 10) - Part 1'

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# [Gauntlet] 2024-03-11: Compound V2 Deprecation (Phase 10) - Part 1

Michigan Blockchain is publishing the following proposal on behalf of Gauntlet. 


# Simple Summary

For Phase 10 of the v2 deprecation, Gauntlet recommends the following borrow cap and reserve factor adjustments:

| Symbol | Current Borrow Cap | Current Borrow Cap USD | Recommended Borrow Cap | Recommended Borrow Cap USD |
| --- | --- | --- | --- | --- |
| DAI | - | - | 80,000,000 | $80 M |
| UNI * | 700,000 | $7.379 M | 25,000 | $0.264 M |
| TUSD | - | - | 650,000 | $0.650 M |
| USDC | - | - | 100,000,000 | $100 M |
| COMP * | 18,000 | $1.439 M | 2,500 | $0.200 M |
| ETH | 100,000 | $322.464 M | 10,000 | $32 M |
| USDP | - | - | 3,000,000 | $3 M |
| LINK * | 125,000 | $2.362 M | 9,000 | $0.170 M |
| USDT | - | - | 180,000,000 | $180 M |

* indicates supply for this asset is paused


| Symbol | Current Reserve Factor | Recommended Reserve Factor |
| --- | --- | --- |
| COMP | 25.00% | 50.00% |
| UNI | 25.00% | 50.00% |
| LINK | 25.00% | 50.00% |
| SUSHI | 25.00% | 50.00% |

**Gauntlet will not be able to include all the recommendations within the original forum post because of the limiting number of transactions per proposal allowed via Compound goverance. Gauntlet will be breaking this proposal into 2 parts.**
## Motivation
In this September 2022 snapshot vote, the community voted to start deprecating certain assets on the Compound v2 markets. After our analysis, Gauntlet recommends the following borrow caps and reserve factor adjustments to further deprecate the v2 market.
[Full proposal and forum discussion](https://www.comp.xyz/t/gauntlet-v2-deprecation-phase-10-2-27-24/5025)

<sub> By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.network/tos. <sub>