Add ETHx as collaterals into cWETHv3 on Mainnet
Proposal summary
Compound Growth Program [AlphaGrowth] proposes to add ETHx into cWETHv3 on Ethereum network. This proposal takes the governance steps recommended and necessary to update a Compound III WETH 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 on the recommendations from Gauntlet.
Further detailed information can be found on the corresponding proposal pull request and forum discussion.
Price feed
Exchange rate price feed of ETHx/ETH was provided by Chainlink team. The address of pricefeed that is used is 0xdd487947c579af433AeeF038Bf1573FdBB68d2d3
Proposal Actions
The first proposal action adds ETHx asset as collateral with corresponding configurations.
The second action deploys and upgrades Comet to a new version.
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x66cD...B765F9 | 80,042 | FOR |
 FranklinDAO (Prev. Penn Blockchain) | 80,001 | FOR |
 0x3FB1...2d4C8A | 80,000 | FOR |
 0x13BD...138548 | 80,000 | FOR |
 0x2210...cCd02E | 76,732 | FOR |
VOTE POWER
Proposal Status
- Wed November 06 2024, 11:35 pmVoting Period Starts
- Sat November 09 2024, 05:38 pmEnd Voting Period
- Sat November 09 2024, 05:38 pmQueue Proposal
- Fri November 15 2024, 04:19 amExecute Proposal
Current Results
1-FOR
548,621.75
2-AGAINST
N/A Tokens
3-ABSTAIN
N/A Tokens