compoundSource: Compound governor bravo · #335
Add cbBTC as collateral into cWETHv3 on Base
executedSep 28, 2024, 11:28 PM UTCbyD20xd2a7…5a0c
01Summary
AISummary by Kvorumclaude-haiku-4-5
Compound governance proposes to add cbBTC as collateral to the cWETHv3 market on the Base network. The proposal executes an addAsset call with risk parameters recommended by Gauntlet, and includes a deployAndUpgradeTo action to update the market. This enables cbBTC holders to use their assets as collateral when borrowing WETH on Base.
- Type
- protocol addition
Key changes
- Add cbBTC (0x45939657d1ca34a8fa39a924b71d28fe8431e581) as collateral asset to the WETH Comet market on Base(high)
- Set cbBTC risk parameters including supply cap, borrow cap, and liquidation thresholds based on Gauntlet recommendations(high)
- Deploy and upgrade the Comet contract to implement the new collateral asset(high)
Notable concerns
- Risk parameters should be monitored as market conditions change
- Market simulations performed using Comet scenario suite but real-world conditions may differ
Contracts0x46e6b214b524310239732d51387075e0e70970bf0xcbb7c0000ab88b473b1f5afd9ef808440eed33bf0x4cfce7795bf75dc3795369a953d9a9b8c2679ae4
Generated by Kvorum
model: claude-haiku-4-5
provider: anthropic
profile: anthropic-fast-v1
prompt: v1.0
generated: 2mo ago
02Description
120 words
Add cbBTC as collateral into cWETHv3 on Base
Proposal summary
Compound Growth Program [AlphaGrowth] proposes to add cbBTC into cWETHv3 on Base network. This proposal takes the governance steps recommended and necessary to update a Compound III WETH market on Base. 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 to the WETH Comet on Base. This sends the encoded addAsset and deployAndUpgradeTo calls across the bridge to the governance receiver on Base.
03Mismatch analysis
AIMismatch analysis by Kvorum
A calldata-vs-description analysis is not generated yet. Review the decoded actions →
04Actions
1 total
#0sendMessage(address,bytes,uint32)chain 0x1
- Target
- 0x866e…0afa
- Value
- 0 wei
- Function
- sendMessage(address,bytes,uint32)
- Arguments
{ "0": "0x18281dfC4d00905DA1aaA6731414EABa843c468A", "1": "0x000000000000000000000000000000000000000000000000000000000000008000000000000000000000000000000000000000000000000000000000000000e000000000000000000000000000000000000000000000000000000000000001400000000000000000000000000000000000000000000000000000000000000280000000000000000000000000000000000000000000000000000000000000000200000000000000000000000045939657d1ca34a8fa39a924b71d28fe8431e581000000000000000000000000bde8f31d2ddda895264e27dd990fab3dc87b372d0000000000000000000000000000000000000000000000000000000000000002000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000002000000000000000000000000000000000000000000000000000000000000004000000000000000000000000000000000000000000000000000000000000000c00000000000000000000000000000000000000000000000000000000000000046616464417373657428616464726573732c28616464726573732c616464726573732c75696e74382c75696e7436342c75696e7436342c75696e7436342c75696e743132382929000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000236465706c6f79416e6455706772616465546f28616464726573732c61646472657373290000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000200000000000000000000000000000000000000000000000000000000000000400000000000000000000000000000000000000000000000000000000000000160000000000000000000000000000000000000000000000000000000000000010000000000000000000000000046e6b214b524310239732d51387075e0e70970bf000000000000000000000000cbb7c0000ab88b473b1f5afd9ef808440eed33bf0000000000000000000000004cfce7795bf75dc3795369a953d9a9b8c2679ae400000000000000000000000000000000000000000000000000000000000000080000000000000000000000000000000000000000000000000b1a2bc2ec5000000000000000000000000000000000000000000000000000000bcbce7f1b1500000000000000000000000000000000000000000000000000000d2f13f7789f0000000000000000000000000000000000000000000000000000000000010c388d00000000000000000000000000000000000000000000000000000000000000004000000000000000000000000045939657d1ca34a8fa39a924b71d28fe8431e58100000000000000000000000046e6b214b524310239732d51387075e0e70970bf", "2": "3000000" }- Calldata
05Tally
Summed from votes
Against0.0%0
For100.0%909.8K
Abstain0.0%0
Voters24
VP participating909.8K
Outcome (current)For
Current support100%
06Voters
24 total
Filter:
| Voter | Choice | % of total | Rationale | ||
|---|---|---|---|---|---|
| 680x683a…6c02 | For | 90.1K | 9.90% | — | 2y ago |
| 220x2210…d02e | For | 83.5K | 9.18% | — | 2y ago |
| B90xb933…8dd1 | For | 80K | 8.79% | — | 2y ago |
| 130x13bd…8548 | For | 80K | 8.79% | — | 2y ago |
| 070x0703…961b | For | 80K | 8.79% | — | 2y ago |
| 660x66cd…65f9 | For | 80K | 8.79% | — | 2y ago |
| 3F0x3fb1…4c8a | For | 80K | 8.79% | — | 2y ago |
| B40xb49f…7948 | For | 80K | 8.79% | — | 2y ago |
| B30xb356…c826 | For | 54.7K | 6.01% | — | 2y ago |
| 7A0x7ae1…e585 | For | 50K | 5.50% | — | 2y ago |
| 050x0579…ca09 | For | 50K | 5.50% | — | 2y ago |
| 4F0x4f89…fd3c | For | 50K | 5.50% | — | 2y ago |
| 7B0x7b3c…cc33 | For | 50K | 5.50% | — | 2y ago |
| 720x72c5…7708 | For | 1.2K | 0.13% | — | 2y ago |
| BE0xbe1d…c953 | For | 231 | 0.03% | — | 2y ago |
| E20xe2a6…325d | For | 100 | 0.01% | — | 2y ago |
| 8A0x8ac5…3ab4 | For | 9.9 | 0.00% | — | 2y ago |
| 210x21b3…fa75 | For | 2 | 0.00% | — | 2y ago |
| B70xb792…89d7 | For | 2 | 0.00% | — | 2y ago |
| 630x63f6…80c1 | For | 1.1 | 0.00% | — | 2y ago |
| 170x1729…b879 | For | 1 | 0.00% | — | 2y ago |
| D20xd2a7…5a0c | For | 1 | 0.00% | — | 2y ago |
| FB0xfb2a…00ab | For | 0.1 | 0.00% | — | 2y ago |
| 560x5695…c581 | For | 0.1 | 0.00% | — | 2y ago |
Showing 24
07Forum
No forum thread is confidently linked to this proposal.
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