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executedEnds a year ago ·  Onchain

Add wUSDM as collateral into cUSDCv3 on Optimism

By 0x0703...b4961b

Proposal summary

Compound Growth Program [AlphaGrowth] proposes to add wUSDM into cUSDCv3 on Optimism network. This proposal takes the governance steps recommended and necessary to update a Compound III USDC market on Optimism. 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 wUSDM to the USDC Comet on Optimism. This sends the encoded addAsset and deployAndUpgradeTo calls across the bridge to the governance receiver on Optimism.

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Cast Vote
Votes 23
VoterCast PowerVote & Rationale
0x66cD...B765F9
80,042

FOR

Wintermute Governance
80,004

FOR

FranklinDAO (Prev. Penn Blockchain)
80,001

FOR

0x3FB1...2d4C8A
80,000

FOR

0x2210...cCd02E
76,732

FOR

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VOTE POWER
0
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Proposal Status
  • Sat November 16 2024, 04:17 pmPublished Onchain FranklinDAO (Prev. Penn Blockchain)
  • Mon November 18 2024, 12:15 pmVoting Period Starts
  • Thu November 21 2024, 06:14 amEnd Voting Period
  • Thu November 21 2024, 06:15 amQueue Proposal
  • Sat November 23 2024, 06:17 amExecute Proposal
Current Results

1-FOR

549,193.94

2-AGAINST

N/A Tokens

0%

3-ABSTAIN

N/A Tokens

0%
Quorum 549,193.94/400,000
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