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executedEnds a year ago ·  Onchain

Add sFRAX as collateral into cUSDTv3 on Ethereum

By 0xd2A7...795a0C

Proposal summary

Compound Growth Program [AlphaGrowth] proposes to add sFRAX 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 sFRAX asset as collateral with corresponding configurations.

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

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Votes 18
VoterCast PowerVote & Rationale
0x66cD...B765F9
80,042

FOR

Wintermute Governance
80,003

FOR

0x3FB1...2d4C8A
80,000

FOR

0x13BD...138548
80,000

FOR

0xB49f...EC7948
80,000

FOR

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VOTE POWER
0
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Proposal Status
  • Thu November 07 2024, 05:43 pmPublished Onchain 0xd2A7...795a0C
  • Sat November 09 2024, 01:44 pmVoting Period Starts
  • Tue November 12 2024, 07:43 amEnd Voting Period
  • Fri November 15 2024, 04:27 amQueue Proposal
  • Sun November 17 2024, 05:04 pmExecute Proposal
Current Results

1-FOR

628,613.06

2-AGAINST

N/A Tokens

0%

3-ABSTAIN

N/A Tokens

0%
Quorum 628,613.06/400,000
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