Add wrsETH as collateral into cWETHv3 on Optimism
01Summary
Proposal to add wrsETH as collateral to the cWETHv3 market on Optimism network by sending encoded addAsset and deployAndUpgradeTo calls through the governance bridge. Risk parameters are based on Gauntlet recommendations and have been validated through market simulations.
- Type
- protocol addition
Key changes
- Add wrsETH as collateral asset to cWETHv3 on Optimism network(high)
- Set risk parameters for wrsETH based on Gauntlet recommendations including collateral factor, liquidation incentive, and supply/borrow caps(high)
- Deploy and upgrade cWETHv3 contract on Optimism to incorporate the new collateral asset(medium)
Generated by Kvorum
02Description
Add wrsETH as collateral into cWETHv3 on Optimism
Proposal summary
Compound Growth Program [AlphaGrowth] proposes to add wrsETH 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 wrsETH to the WETH Comet on Optimism. This sends the encoded addAsset and deployAndUpgradeTo calls across the bridge to the governance receiver on Optimism.
03Mismatch analysis
The proposal describes a single governance action: bridging an addAsset + deployAndUpgradeTo payload to Optimism to add wrsETH as collateral to the cWETHv3 market, per Gauntlet's risk parameter recommendations. The single decoded on-chain action matches this exactly — it's a sendMessage call to the L1 cross-domain messenger targeting the Optimism governance receiver, carrying an ABI-encoded payload that contains both 'addAsset' and 'deployAndUpgradeTo' function selectors, consistent with the described mechanism (encoding calls across the bridge). The asset being added (0x87eee96d...) is consistent with wrsETH, and the market being upgraded (0xe36a30d2...) is the WETH Comet proxy referenced. Numeric risk parameters (collateral factors, supply cap) could not be independently verified against Gauntlet's published recommendations without external reference, so confidence is medium rather than high, but there is no indication of a value, target, or omitted/extra action discrepancy. No red flags such as fund transfers, role grants, or mismatched addresses were found. Overall the description and calldata align well enough to be assessed as consistent for delegate review purposes.<br>
Generated by Kvorum
04Actions
- Target
- 0x25ac…5fa1
- Value
- 0 wei
- Function
- sendMessage(address,bytes,uint32)
- Arguments
{ "0": "0xC3a73A70d1577CD5B02da0bA91C0Afc8fA434DAF", "1": "0x000000000000000000000000000000000000000000000000000000000000008000000000000000000000000000000000000000000000000000000000000000e000000000000000000000000000000000000000000000000000000000000001400000000000000000000000000000000000000000000000000000000000000280000000000000000000000000000000000000000000000000000000000000000200000000000000000000000084e93ec6170ed630f5ebd89a1aae72d4f63f27130000000000000000000000003c30b5a5a04656565686f800481580ac4e7ed1780000000000000000000000000000000000000000000000000000000000000002000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000002000000000000000000000000000000000000000000000000000000000000004000000000000000000000000000000000000000000000000000000000000000c00000000000000000000000000000000000000000000000000000000000000046616464417373657428616464726573732c28616464726573732c616464726573732c75696e74382c75696e7436342c75696e7436342c75696e7436342c75696e743132382929000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000236465706c6f79416e6455706772616465546f28616464726573732c616464726573732900000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000002000000000000000000000000000000000000000000000000000000000000004000000000000000000000000000000000000000000000000000000000000001600000000000000000000000000000000000000000000000000000000000000100000000000000000000000000e36a30d249f7761327fd973001a32010b521b6fd00000000000000000000000087eee96d50fb761ad85b1c982d28a042169d61b1000000000000000000000000ee7b99dc798eae1957713bbbede98073098b0e6800000000000000000000000000000000000000000000000000000000000000120000000000000000000000000000000000000000000000000c3663566a5800000000000000000000000000000000000000000000000000000ca0f82db99b00000000000000000000000000000000000000000000000000000d529ae9e860000000000000000000000000000000000000000000000000000bed1d0263d9f00000000000000000000000000000000000000000000000000000000000000000004000000000000000000000000084e93ec6170ed630f5ebd89a1aae72d4f63f2713000000000000000000000000e36a30d249f7761327fd973001a32010b521b6fd", "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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