KVORUM
compoundSource: Compound governor oz · #404

Update USDC, USDT, WETH and USDC.e Comets on Arbitrum to support more collaterals

executedFeb 16, 2025, 07:45 AM UTCby070x0703…961b

01Summary

AISummary by Kvorumclaude-haiku-4-5

Compound Growth Program proposes to upgrade 4 Arbitrum Comet markets (USDT, USDC, WETH, and USDC.e) to a new version that supports up to 24 collaterals instead of the current limit. The upgrade includes deploying a new factory, extension delegate, and upgraded Comet implementations. Market simulations have confirmed readiness for the upgrade.

Type
contract upgrade

Key changes

  • Upgrade Comet contracts to new version supporting up to 24 collaterals on Arbitrum(high)
  • Deploy new factory contract for Comet markets(high)
  • Deploy new extension delegate contract(high)
  • Update cUSDTv3, cUSDCv3, cWETHv3, and cUSDCev3 implementations(high)
ContractscUSDTv3cUSDCv3cWETHv3cUSDCev3
Generated by Kvorum
model: claude-haiku-4-5
provider: anthropic
profile: anthropic-fast-v1
prompt: v1.0
generated: 2mo ago
Read the description ↗

02Description

125 words

Update USDC, USDT, WETH and USDC.e Comets on Arbitrum to support more collaterals

Proposal summary

Compound Growth Program [AlphaGrowth] proposes to update 4 Comets to a new version, which supports up to 24 collaterals. This proposal takes the governance steps recommended and necessary to update Compound III USDT, USDC, WETH and USDC.e markets on Arbitrum. Simulations have confirmed the market’s readiness, as much as possible, using the Comet scenario suite.

Detailed information can be found on the corresponding proposal pull request and forum discussion.

Proposal Actions

The first action sets the factory to the newly deployed factory, extension delegate to the newly deployed contract and deploys and upgrades Comet to a new version for all 4 comets: cUSDTv3, cUSDCv3, cWETHv3 and cUSDCev3.

03Mismatch analysis

AIMismatch analysis by Kvorumclaude-sonnet-5
Consistent

The proposal describes a single governance action that upgrades 4 Arbitrum Comet markets (USDT, USDC, WETH, USDCe) by setting a new factory, setting a new extension delegate, and deploying/upgrading each Comet to a new implementation supporting more collaterals. The decoded calldata is a single L1 action (createRetryableTicket) that bridges a message to Arbitrum containing exactly 12 sub-calls — three calls (setFactory, setExtensionDelegate, deployAndUpgradeTo) for each of 4 distinct Comet proxy addresses, which correspond to the known Arbitrum Comet market addresses for USDC, USDCe, USDT, and WETH. This precisely matches the prose's claim of 'sets the factory... extension delegate... deploys and upgrades Comet to a new version for all 4 comets.' The ETH value attached (~0.0071 ETH) is standard retryable-ticket gas funding for the L1->L2 bridge call and is routine boilerplate not requiring separate mention in the description. No numeric parameters, target mismatches, or omitted significant actions were found. The description is a faithful, if high-level, summary of the on-chain action.

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

04Actions

1 total
#0createRetryableTicket(address,uint256,uint256,address,address,uint256,uint256,bytes)chain 0x1
Target
0x4dbd…ab3f
Value
7125192500000000 wei
Function
createRetryableTicket(address,uint256,uint256,address,address,uint256,uint256,bytes)
Arguments
{
  "to": "0x42480C37B249e33aABaf4c22B20235656bd38068",
  "data": 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  "gasLimit": "4167165",
  "l2CallValue": "0",
  "maxFeePerGas": "500000000",
  "maxSubmissionCost": "5041610000000000",
  "callValueRefundAddress": "0x3fB4d38ea7EC20D91917c09591490Eeda38Cf88A",
  "excessFeeRefundAddress": "0x3fB4d38ea7EC20D91917c09591490Eeda38Cf88A"
}
Calldata

05Tally

Summed from votes

Voters27
VP participating684.2K
Outcome (current)For
Current support100%

06Voters

27 total
Filter:
VoterChoice% of totalRationale
660x66cd…65f9For80.1K11.70%—2y ago
B90xb933…8dd1For80K11.69%—2y ago
070x0703…961bFor80K11.69%—2y ago
3F0x3fb1…4c8aFor80K11.69%—2y ago
B40xb49f…7948For80K11.69%—2y ago
540x54a3…e189For79.3K11.59%—2y ago
220x2210…d02eFor53.1K7.76%—2y ago
ED0xed11…bb04For50K7.31%—2y ago
050x0579…ca09For50K7.31%—2y ago
4F0x4f89…fd3cFor50K7.31%—2y ago
720x72c5…7708For1.2K0.17%—2y ago
210x21b3…fa75For5020.07%—2y ago
E40xe459…e666For5.20.00%—2y ago
B70xb792…89d7For20.00%—2y ago
170x1729…b879For10.00%—2y ago
C60xc6d7…bfb2For0.10.00%—2y ago
9A0x9a0f…8de8For0.10.00%—2y ago
610x61ff…9630For0.10.00%—2y ago
D80xd8de…ae41For0.10.00%—2y ago
9D0x9d86…61e1For00.00%—2y ago
0F0x0f2c…eb28For00.00%—2y ago
950x95f8…19c0For00.00%—2y ago
E70xe782…84c8For00.00%—2y ago
9E0x9e82…6376For00.00%—2y ago
7C0x7c39…1725For00.00%—2y ago
250x251d…5981For00.00%—2y ago
190x194e…0f33For00.00%—2y ago
Showing 27

07Forum

No forum thread is confidently linked to this proposal.