### Summary and Highlights
Recap of Gauntlet's activities related to market risk management with Moonwell for Q1 2024.

| **Category** | **January Work** | **February Work** | **March Work** |
|------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| **Scheduled Monthly Parameter Recs for Base, Moonbeam, and Moonriver Markets** | [Gauntlet’s BASE/Moonbeam/Moonriver Recommendations (Jan 30)](https://forum.moonwell.fi/t/gauntlet-s-base-moonbeam-moonriver-recommendations-2024-01-30/773/4) | [Gauntlet’s BASE/Moonbeam/Moonriver Recommendations (Feb 28)](https://forum.moonwell.fi/t/gauntlet-s-base-moonbeam-moonriver-recommendations-2024-02-28/800) | [Gauntlet’s BASE/Moonbeam/Moonriver Recommendations (Mar 26)](https://forum.moonwell.fi/t/gauntlet-s-base-moonbeam-moonriver-recommendations-2024-03-26/841) |
| **Guardian Recs** | [Cap Recommendations for DAI and rETH (Jan 9)](https://forum.moonwell.fi/t/gauntlet-guardian-cap-recommendations-for-dai-and-reth/750), [Base DAI Cap Recommendations (Jan 22)](https://forum.moonwell.fi/t/gauntlet-guardian-base-dai-cap-recommendations/763), [Cap Recommendations for USDC and wstETH (Jan 16)](https://forum.moonwell.fi/t/gauntlet-guardian-cap-recommendations-for-usdc-and-wsteth/756), [Cap Recommendations for DAI (Jan 31)](https://forum.moonwell.fi/t/gauntlet-guardian-cap-recommendations-for-dai/774) | [Increase wstETH Borrow and Supply caps (Feb 28)](https://forum.moonwell.fi/t/gauntlet-guardian-increase-wsteth-caps-on-base/792) | [Increase WETH Supply and Borrow Caps (Mar 29)](https://forum.moonwell.fi/t/gauntlet-guardian-increase-weth-supply-and-borrow-caps/847), [wstETH Recs (Mar 28)](https://forum.moonwell.fi/t/gauntlet-guardian-wsteth-recs/845), [Increase Caps for Native USDC on Base (Mar 25)](https://forum.moonwell.fi/t/gauntlet-guardian-increase-caps-for-native-usdc-on-base/828), [FRAX Borrow Cap Guardian - Moonriver (Mar 22)](https://forum.moonwell.fi/t/gauntlet-frax-borrow-cap-guardian-moonriver/819), [USDC and DAI Cap recommendations on Base (Mar 14)](https://forum.moonwell.fi/t/gauntlet-guardian-usdc-and-dai-cap-recommendations-on-base/811) |
| **Weekly Market Updates** | [[Gauntlet] BASE Weekly Market Update - (2024-01-19 through 2024-01-25) (Jan 26)](https://forum.moonwell.fi/t/gauntlet-base-weekly-market-update-2024-01-19-through-2024-01-25/765) | [[Gauntlet] Base, Moonbeam and Moonriver Weekly Market Update - (2024-02-02 through 2024-02-08) (Feb 9)](https://forum.moonwell.fi/t/gauntlet-weekly-market-update-2024-02-02-through-2024-02-08/780), [[Gauntlet] Base, Moonbeam and Moonriver Weekly Market Update - (2024-02-09 through 2024-02-15) (Feb 16)](https://forum.moonwell.fi/t/gauntlet-base-moonbeam-and-moonriver-weekly-market-update-2024-02-09-through-2024-02-15/794), [[Gauntlet] Base, Moonbeam and Moonriver Weekly Market Update - (2024-02-16 through 2024-02-22) (Feb 23)](https://forum.moonwell.fi/t/gauntlet-base-moonbeam-and-moonriver-weekly-market-update-2024-02-16-through-2024-02-22/798) |[[Gauntlet] Base, Moonbeam, Moonriver Weekly Market Update - (2024-02-23 through 2024-02-29) (Mar 1)](https://forum.moonwell.fi/t/gauntlet-base-moonbeam-and-moonriver-weekly-market-update-2024-02-23-through-2024-02-29/802), [[Gauntlet] Base, Moonbeam and Moonriver Weekly Market Update - (2024-03-01 through 2024-03-07) (Mar 8)](https://forum.moonwell.fi/t/gauntlet-base-moonbeam-and-moonriver-weekly-market-update-2024-03-01-through-2024-03-07/805), [Gauntlet Base, Moonbeam and Moonriver Weekly Market Update - (2024-03-08 through 2024-03-14) (Mar 15)](https://forum.moonwell.fi/t/gauntlet-base-moonbeam-and-moonriver-weekly-market-update-2024-03-08-through-2024-03-14/815), [[Gauntlet] Base, Moonbeam and Moonriver Weekly Market Update - (2024-03-15 through 2024-03-21) (Mar 22)](https://forum.moonwell.fi/t/gauntlet-base-moonbeam-and-moonriver-weekly-market-update-2024-03-15-through-2024-03-21/818), [[Gauntlet] Base, Moonbeam and Moonriver Weekly Market Update - (2024-03-22 through 2024-03-28) (Mar 29)](https://forum.moonwell.fi/t/gauntlet-base-moonbeam-and-moonriver-weekly-market-update-2024-03-22-through-2024-03-28/846) |
| **Additional Tools, Features, and Recommendations** | [Gauntlet’s Assessment of Gamma Strategies Exploit - Moonwell Not at Risk (Jan 4-5)](https://forum.moonwell.fi/t/gauntlet-s-assessment-of-gamma-strategies-exploit-moonwell-not-at-risk/747), [Gauntlet's Proposal to Become Cap Guardian on Moonbeam and Moonriver (Jan 26)](https://forum.moonwell.fi/t/gauntlets-proposal-to-become-cap-guardian-on-moonbeam-and-moonriver/766) | NA | [xcUSDT Liquidity Analysis and Recommendations (Mar 15)](https://forum.moonwell.fi/t/xcusdt-liquidity-analysis-and-recommendations/814), [Add WBTC Market to Moonwell on Base (Mar 11 & Mar 7)](https://forum.moonwell.fi/t/add-wbtc-market-to-moonwell-on-base/804/4) |

### Upcoming Selected Work
- [**USDC Incentive Optimization**](https://x.com/MoonwellDeFi/status/1771306791604982112): Work with Moonwell to maximize the efficiency of USDC incentives.
- **Ongoing Market Monitoring:** Continuation of weekly market updates and risk assessments for the Moonwell ecosystem.
- **Risk Parameter Adjustments:** Implementation of additional cap adjustments as required based on market conditions and community feedback.
- **Community Engagement and Proposals:** Active participation in community forums, proposal discussions, and new asset evaluations to ensure robust market risk management.