Add wUSDM as collateral into cUSDTv3 on Optimism
01Summary
Compound Growth Program proposes to add wUSDM as collateral to the cUSDTv3 market on Optimism network. The proposal includes executing an addAsset call with risk parameters recommended by Gauntlet, following successful market simulations.
- Type
- protocol addition
Key changes
- Add wUSDM (0x995e394b8b2437ac8ce61ee0bc610d617962b214) as collateral to USDT Comet on Optimism(high)
- Set risk parameters for wUSDM based on Gauntlet recommendations including collateral factor of 0x0c3663566a5800000, liquidation incentive of 0x0d2f13f7789f000000, and supply cap of 0x01287626ee52197b000000(high)
- Deploy and upgrade governance receiver contract on Optimism to implement the new collateral(medium)
Generated by Kvorum
02Description
Add wUSDM as collateral into cUSDTv3 on Optimism
Proposal summary
Compound Growth Program [AlphaGrowth] proposes to add wUSDM into cUSDTv3 on Optimism network. This proposal takes the governance steps recommended and necessary to update a Compound III USDT 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 wUSDM to the USDT Comet on Optimism. This sends the encoded addAsset and deployAndUpgradeTo calls across the bridge to the governance receiver on Optimism.
03Mismatch analysis
The proposal has a single on-chain action: a sendMessage call to the standard L1->L2 cross-domain messenger, addressed to the Optimism governance receiver contract. The embedded calldata (decoded via the nested bytes payload) contains the function signatures 'addAsset(address,(address,address,address,uint8,uint64,uint64,uint64,uint128))' and 'deployAndUpgradeTo(address,address)', which is precisely what the description states: 'This sends the encoded addAsset and deployAndUpgradeTo calls across the bridge to the governance receiver on Optimism.' The target addresses embedded (Comet configurator, Comet proxy, and what appears to be the wUSDM token address) are consistent with adding a new collateral asset to the USDT Comet market on Optimism. The description does not enumerate the exact risk parameters (supply cap, liquidation factor, etc.), instead deferring to the linked Gauntlet forum post and GitHub PR, which is reasonable summarization for a governance action of this type — it is standard practice for Compound proposals to reference off-chain risk parameter documentation rather than restate every encoded number in the description. Because the specific numeric parameters (collateral factors, supply caps) are only visible as raw encoded uint values without full ABI context, we cannot fully verify they exactly match Gauntlet's published recommendations, so confidence is medium rather than high. However, no evidence of a target mismatch, extra action, omitted action, or misleading characterization was found — the single decoded action fully aligns with the single described action (bridging an addAsset + upgrade call to Optimism for wUSDM collateral onboarding).</br> No discrepancies were identified that a delegate should be warned about.
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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