KVORUM
compoundSource: Compound governor bravo · #264

Add weETH as collateral into cWETHv3 on Mainnet

executedJun 27, 2024, 08:47 AM UTCby130x13bd…8548

01Summary

AISummary by Kvorumclaude-haiku-4-5

Compound Growth Program proposes to add weETH as collateral to the cWETHv3 market on Ethereum mainnet. The proposal includes adding weETH with specific risk parameters, setting supply interest rate slope high to 100%, setting borrow interest rate slope high to 115%, and deploying a Comet upgrade. Gauntlet has provided risk parameter recommendations and market simulations have confirmed readiness.

Type
protocol addition

Key changes

  • Add weETH (0xA17581A9E3356d9A858b789D68B4d866e593aE94) as collateral asset to cWETHv3 with collateral factor 82%, liquidation threshold 87%, and liquidation incentive 92%(high)
  • Set Annual Supply Interest Rate Slope High to 100%(medium)
  • Set Annual Borrow Interest Rate Slope High to 115%(medium)
  • Deploy and upgrade Comet to new version(high)
Contracts0x316f9708bb98af7da9c68c1c3b5e79039cd336e30x1ec63b5883c3481134fd50d5daebc83ecd2e87790xA17581A9E3356d9A858b789D68B4d866e593aE94
Generated by Kvorum
model: claude-haiku-4-5
provider: anthropic
profile: anthropic-fast-v1
prompt: v1.0
generated: 2mo ago
Read the description ↗

02Description

143 words

Add weETH as collateral into cWETHv3 on Mainnet

Proposal summary

Compound Growth Program [AlphaGrowth] proposes to add weETH 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 weETH.

Further detailed information can be found on the corresponding [proposal pull request](PR - https://github.com/compound-finance/comet/pull/869) and forum discussion weETH.

Proposal Actions

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

The second action sets new Annual Supply Interest Rate Slope High to 100%.

The third action sets new Annual Borrow Interest Rate Slope High to 115%.

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

03Mismatch analysis

AIMismatch analysis by Kvorumclaude-sonnet-5
Consistent

The description outlines four actions: (1) add weETH as collateral, (2) set supply rate slope high to 100%, (3) set borrow rate slope high to 115%, (4) deploy and upgrade Comet. The decoded calldata matches exactly in order and content: action 0 calls addAsset with weETH parameters (collateral factor 82%, liq factor 87%, liq threshold 92%, supply cap 22,500), which aligns with the general claim of adding weETH with 'corresponding configurations' per Gauntlet's recommendations — the description does not need to enumerate every parameter since it references the external Gauntlet analysis. Action 1 sets supply slope to 1e18 = 100%, exactly matching the stated 100%. Action 2 sets borrow slope to 1.15e18 = 115%, exactly matching the stated 115%. Action 3 calls deployAndUpgradeTo targeting the correct Comet proxy address, matching the 'deploy and upgrade' claim. All target addresses point consistently to the same WETH Comet market and its proxy admin. No numeric mismatches, no omitted significant actions, and no extra unsupported claims were found. This proposal is a faithful representation of the calldata.

Generated by Kvorum
model: claude-sonnet-5
provider: anthropic
profile: anthropic-strong-v1
prompt: v1.0
generated: 2mo ago
Review the decoded actions ↗

04Actions

4 total
#0addAsset(address,(address,address,uint8,uint64,uint64,uint64,uint128))chain 0x1
Target
0x316f…36e3
Value
0 wei
Function
addAsset(address,(address,address,uint8,uint64,uint64,uint64,uint128))
Arguments
{
  "0": "0xA17581A9E3356d9A858b789D68B4d866e593aE94",
  "1": [
    "0xCd5fE23C85820F7B72D0926FC9b05b43E359b7ee",
    "0x970FfD8E335B8fa4cd5c869c7caC3a90671d5Dc3",
    "18",
    "820000000000000000",
    "870000000000000000",
    "920000000000000000",
    "22500000000000000000000"
  ]
}
Calldata
#1setSupplyPerYearInterestRateSlopeHigh(address,uint64)chain 0x1
Target
0x316f…36e3
Value
0 wei
Function
setSupplyPerYearInterestRateSlopeHigh(address,uint64)
Arguments
{
  "0": "0xA17581A9E3356d9A858b789D68B4d866e593aE94",
  "1": "1000000000000000000"
}
Calldata
#2setBorrowPerYearInterestRateSlopeHigh(address,uint64)chain 0x1
Target
0x316f…36e3
Value
0 wei
Function
setBorrowPerYearInterestRateSlopeHigh(address,uint64)
Arguments
{
  "0": "0xA17581A9E3356d9A858b789D68B4d866e593aE94",
  "1": "1150000000000000000"
}
Calldata
#3deployAndUpgradeTo(address,address)chain 0x1
Target
0x1ec6…8779
Value
0 wei
Function
deployAndUpgradeTo(address,address)
Arguments
{
  "0": "0x316f9708bB98af7dA9c68C1C3b5e79039cD336E3",
  "1": "0xA17581A9E3356d9A858b789D68B4d866e593aE94"
}
Calldata

05Tally

Summed from votes

Voters0
VP participating0
Outcome (current)—
Current support—

06Voters

0 total

No votes recorded yet.

07Forum

No forum thread is confidently linked to this proposal.