Simple Summary
Gauntlet has conducted a review of current Loan-to-Value (LTV) parameters across Euler Unichain. Based on market comparisons and internal modeling, we recommend modest upward adjustments to maintain competitiveness while ensuring risk controls remain robust.
Recommendations
Note: We increase Max LTV and LLTV by the same amount in all recommendations. Thus, we only show LLTV. Max LTV will simply be 2% less than this value both before and after.
LLTV
| Collateral / Debt | WETH | USDC | USDT0 |
|---|---|---|---|
| wstETH | 95%->96% | 84%->85% | 84%->85% |
| weETH | 94%->95% | 83%->84% | 83%->84% |
| USDC | 86%->88% | - | - |
| USDT0 | 86%->88% | - | - |
| sUSDC | 84%->86% | - | - |
| WBTC | 80%->82% | 86%->88% | 86%->88% |
| WETH | - | 86%->88% | 86%->88% |
Rationale
- LTVs closer to market norms will encourage usage of Euler while keeping a conservative risk buffer.
- Increases align with on-chain liquidity and volatility metrics while maintaining effective liquidation support.
Next Steps
- We welcome community feedback