Add USDT and USDC as collateral into cWETHv3 on Optimism
01Summary
Compound Growth Program proposes to add USDT and USDC as collateral assets to the cWETHv3 market on Optimism network, with risk parameters based on Gauntlet's recommendations. This involves sending encoded addAsset calls and a deployAndUpgradeTo call across the bridge to Optimism's governance receiver.
- Type
- protocol addition
Key changes
- Add USDT as collateral to cWETHv3 on Optimism with Gauntlet-recommended risk parameters(high)
- Add USDC as collateral to cWETHv3 on Optimism with Gauntlet-recommended risk parameters(high)
- Deploy and upgrade cWETHv3 implementation on Optimism to support new collateral assets(high)
Generated by Kvorum
02Description
Add USDT and USDC as collateral into cWETHv3 on Optimism
Proposal summary
Compound Growth Program [AlphaGrowth] proposes to add USDT and USDC into cWETHv3 on Optimism network. This proposal takes the governance steps recommended and necessary to update a Compound III WETH 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 USDT and USDC to the WETH Comet on Optimism. This sends the encoded addAsset two times and deployAndUpgradeTo calls across the bridge to the governance receiver on Optimism.
03Mismatch analysis
The proposal description states that the action bridges two addAsset calls and one deployAndUpgradeTo call to the Optimism governance receiver in order to add USDT and USDC as collateral to the cWETHv3 market, with risk parameters based on Gauntlet's recommendations. The single decoded on-chain action is a sendMessage call to the L1CrossDomainMessenger targeting an address consistent with a governance receiver, carrying an ABI-encoded payload that itself decodes to exactly three calls: two addAsset(...) invocations (each supplying an AssetConfig tuple with collateral factors and supply caps) and one deployAndUpgradeTo(...) call. This structure precisely matches the description's claim of 'addAsset two times and deployAndUpgradeTo calls across the bridge.' The description does not assert specific numeric values for the collateral factors or supply caps, so there is nothing to cross-check numerically beyond confirming the mechanism and call count, which line up. No extra, missing, or mismatched actions were found, and no target or value discrepancies were identified. Confidence is high because the calldata structure is unambiguous and directly corroborates the described bridging mechanism and asset-addition actions.
Generated by Kvorum
04Actions
- Target
- 0x25ac…5fa1
- Value
- 0 wei
- Function
- sendMessage(address,bytes,uint32)
- Arguments
{ "0": "0xC3a73A70d1577CD5B02da0bA91C0Afc8fA434DAF", "1": "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", "2": "3000000" }- Calldata
05Tally
Summed from votes
06Voters
No votes recorded yet.
07Forum
No forum thread is confidently linked to this proposal.
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