executedEnded 2 years ago · Onchain
Initialize cUSDCv3 on Base
By 0x2B38...77bf33Continue Reading
This proposal initializes the Compound III USDC market on Base as a first step to fully migrating to native USDC on base. The entirety of this proposal was simulated and indicates success. The parameters for this deployment and the rewards configuration were recommended by Gauntlet.
See links for more details:
Proposal Actions
- The first proposal action sets the configurator factory address, sets Comet configuration, and deploys a new Comet implementation on Base. It also sets the rewards config for the new market to 20 COMP/Day for suppliers and 8 COMP/Day for borrowers.
- The second action updates the ENS TXT record
v3-official-marketsonv3-additional-grants.compound-community-licenses.eth, updating the official markets JSON to include the new Base cUSDCv3 market. - The third action pays arr00 115 COMP for the development effort for this proposal.
Connect Wallet to Add Note
0Votes 13
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x8d07...e6A265 | 70,005 | FOR |
 Wintermute Governance | 54,104 | FOR |
 0x7AE1...22E585 | 50,007 | FOR |
 0xB49f...EC7948 | 50,004 | FOR |
 FranklinDAO (Prev. Penn Blockchain) | 50,000 | FOR |
VOTE POWER
0
Connect Wallet
Proposal Status
- Thu March 14 2024, 12:52 amVoting Period Starts
- Sat March 16 2024, 07:27 pmEnd Voting Period
- Sat March 16 2024, 07:28 pmQueue Proposal
- Mon March 18 2024, 07:32 pmExecute Proposal
Current Results
1-FOR
405,180.38
2-AGAINST
N/A Tokens
3-ABSTAIN
N/A Tokens
Quorum 405,180.38/400,000