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executedEnds a year ago ·  Onchain

Add cbBTC as collateral into cUSDTv3 on Ethereum

By 0x3FB1...2d4C8A

Proposal summary

Compound Growth Program [AlphaGrowth] proposes to add cbBTC into cUSDTv3 on Ethereum network. This proposal takes the governance steps recommended and necessary to update a Compound III USDT market on Ethereum. Simulations have confirmed the market’s readiness, as much as possible, using the Comet scenario suite. The new parameters include setting the risk parameters based off of the recommendations from Gauntlet.

Further detailed information can be found on the corresponding proposal pull request and forum discussion.

Proposal Actions

The first proposal action adds cbBTC asset as collateral with corresponding configurations.

The second action deploys and upgrades Comet to a new version.

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Votes 19
VoterCast PowerVote & Rationale
0x2210...cCd02E
84,473

FOR

Wintermute Governance
80,003

FOR

0x66cD...B765F9
80,000

FOR

0x3FB1...2d4C8A
80,000

FOR

0x13BD...138548
80,000

FOR

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VOTE POWER
0
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Proposal Status
  • Thu September 19 2024, 04:02 pmPublished Onchain 0x3FB1...2d4C8A
  • Sat September 21 2024, 12:07 pmVoting Period Starts
  • Tue September 24 2024, 06:07 amEnd Voting Period
  • Tue September 24 2024, 06:08 amQueue Proposal
  • Thu September 26 2024, 04:13 pmExecute Proposal
Current Results

1-FOR

731,292.25

2-AGAINST

N/A Tokens

0%

3-ABSTAIN

N/A Tokens

0%
Quorum 731,292.25/400,000
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