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# Update Ethereum WETH Comet Borrow Rate IRM\n## Summary\n\nGauntlet recommends updating the borrow interest rate model for the Ethereum WETH Comet.\n\nThis proposal implements the following parameter changes:\n\n| Parameter | Current | Proposed |\n| ------------------------------------- | --------: | -------: |\n| Annual Borrow Interest Rate Base | 1.00% | 1.50% |\n| Annual Borrow Interest Rate Slope Low | 1.111111% | 0.5556% |\n\nNo supply-side intere
0x683a…6c02·ended 57y ago
Voters
14
COMP voted
631371609710837.13B
≈$13542921028297456.00B
Token price
$21.45
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For631371609710837.13B (100.0%)
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631371609710837.13B COMP · ≈$13542921028297456.00B · 14 votersblock 2026-08-25T13:19:59Z
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Original markdown · Compound
Update Ethereum WETH Comet Borrow Rate IRM\n## Summary\n\nGauntlet recommends updating the borrow interest rate model for the Ethereum WETH Comet.\n\nThis proposal implements the following parameter changes:\n\n| Parameter | Current | Proposed |\n| ------------------------------------- | --------: | -------: |\n| Annual Borrow Interest Rate Base | 1.00% | 1.50% |\n| Annual Borrow Interest Rate Slope Low | 1.111111% | 0.5556% |\n\nNo supply-side interest rate parameters are changed. The borrow kink and borrow slope above the kink also remain unchange…
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