KVORUM
compoundSource: Compound governor bravo · #334

Add cbBTC as collateral into cWETHv3 on Ethereum

executedSep 24, 2024, 06:52 AM UTCby130x13bd…8548

01Summary

AISummary by Kvorumclaude-haiku-4-5

Compound Growth Program proposes to add cbBTC as collateral to the cWETHv3 market on Ethereum, with risk parameters based on Gauntlet's recommendations. This involves adding cbBTC as an asset with specified configurations and deploying a Comet upgrade.

Type
protocol addition

Key changes

  • Add cbBTC (0xcbB7C0000aB88B473b1f5aFd9ef808440eed33Bf) as collateral asset to cWETHv3 market on Ethereum(high)
  • Set cbBTC collateral factor to 0.8 (80%) with liquidation incentive of 0.85 (85%)(high)
  • Deploy and upgrade Comet to new version to support cbBTC collateral(high)

Notable concerns

  • Market readiness confirmed through Comet scenario suite simulations
  • Risk parameters based on Gauntlet recommendations
Contracts0x316f9708bb98af7da9c68c1c3b5e79039cd336e30x1ec63b5883c3481134fd50d5daebc83ecd2e87790xcbB7C0000aB88B473b1f5aFd9ef808440eed33Bf
Generated by Kvorum
model: claude-haiku-4-5
provider: anthropic
profile: anthropic-fast-v1
prompt: v1.0
generated: 2mo ago
Read the description ↗

02Description

114 words

Add cbBTC as collateral into cWETHv3 on Ethereum

Proposal summary

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

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

03Mismatch analysis

AIMismatch analysis by Kvorumclaude-sonnet-5
Consistent

The proposal description is a standard Compound III 'add collateral' governance proposal for cbBTC on the cWETHv3 market. It states two actions: (1) add cbBTC as collateral with Gauntlet-recommended risk parameters, and (2) deploy and upgrade Comet to a new version. The decoded calldata contains exactly two actions matching this description: an addAsset() call on the Comet Configurator setting cbBTC's oracle, decimals, collateral factor (80%), liquidation factor (85%), liquidation penalty (95%), and supply cap, followed by a deployAndUpgradeTo() call that deploys a new Comet implementation and upgrades the WETH market proxy to use it. The description does not specify exact numeric risk parameters, so there is nothing to compare for value mismatches, and the structure, targets, and function calls align precisely with the two actions described. No omitted, extra, or misdirected actions were found, and no unit-conversion issues are present since the description doesn't quote specific numbers. This is a routine, well-formed governance action consistent with typical Compound collateral-onboarding proposals.

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

04Actions

2 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": [
    "0xcbB7C0000aB88B473b1f5aFd9ef808440eed33Bf",
    "0x57A71A9C632b2e6D8b0eB9A157888A3Fc87400D1",
    "8",
    "800000000000000000",
    "850000000000000000",
    "950000000000000000",
    "9300000000"
  ]
}
Calldata
#1deployAndUpgradeTo(address,address)chain 0x1
Target
0x1ec6…8779
Value
0 wei
Function
deployAndUpgradeTo(address,address)
Arguments
{
  "0": "0x316f9708bB98af7dA9c68C1C3b5e79039cD336E3",
  "1": "0xA17581A9E3356d9A858b789D68B4d866e593aE94"
}
Calldata

05Tally

Summed from votes

Voters20
VP participating701.3K
Outcome (current)For
Current support100%

06Voters

20 total
Filter:
VoterChoice% of totalRationale
220x2210…d02eFor84.5K12.05%—2y ago
B90xb933…8dd1For80K11.41%—2y ago
130x13bd…8548For80K11.41%—2y ago
070x0703…961bFor80K11.41%—2y ago
660x66cd…65f9For80K11.41%—2y ago
B40xb49f…7948For80K11.41%—2y ago
B30xb356…c826For54.6K7.78%—2y ago
050x0579…ca09For50K7.13%—2y ago
4F0x4f89…fd3cFor50K7.13%—2y ago
DC0xdc1f…e432For50K7.13%—2y ago
4C0x4c9f…fb01For10.7K1.53%—2y ago
720x72c5…7708For1.2K0.17%—2y ago
BE0xbe1d…c953For2310.03%—2y ago
E20xe2a6…325dFor1000.01%—2y ago
210x21b3…fa75For20.00%—2y ago
B70xb792…89d7For20.00%—2y ago
170x1729…b879For10.00%—2y ago
D20xd2a7…5a0cFor10.00%—2y ago
950x95f6…2c83For0.10.00%—2y ago
EE0xee4f…4a25For00.00%—2y ago
Showing 20

07Forum

No forum thread is confidently linked to this proposal.