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Proposal
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executedEnded 5 years ago ยท  Onchain

Add COMP Support

By 0x54A3...61E189

This proposal adds Compound as a supported asset.

The cCOMP contract was deployed using existing, proven code. The implementation contract is the same contract as the cUNI implementation contract.

cCOMP uses a new JumpRateModelV2 interest rate model with the following parameters:

  • 2% APY borrow base rate
  • 20% APY borrow rate at kink
  • Kink at 80% utilization
  • 100% APY borrow rate at 100% utilization

The collateral factor for cCOMP is set to 60% and the reserve factor is set to 20%. A borrowing cap of 50k COMP is set as well.

Discussion

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0
Votes 64
VoterCast PowerVote & Rationale
0x6626...15c35c
125,048

FOR

0xAC57...72FaF6
105,005

FOR

0x54A3...61E189
100,048

FOR

0xE5A5...98BEB9
65,009

FOR

0x1d29...Da5D1f
50,006

FOR

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VOTE POWER
0
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Proposal Status
  • Published Onchain 0x54A3...61E189
  • Mon October 12 2020, 05:18 pmVoting Period Starts
  • Thu October 15 2020, 08:40 amEnd Voting Period
  • Thu October 15 2020, 09:16 amQueue Proposal
  • Sat October 17 2020, 09:17 amExecute Proposal
Current Results

1-FOR

622,697

2-AGAINST

1.03

0%
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