Add wOETH as collaterals into cWETHv3 on Mainnet
01Summary
Proposal to add wOETH (Wrapped OETH) as collateral in the cWETHv3 market on Ethereum. This involves configuring wOETH with specific risk parameters based on Gauntlet recommendations and deploying a new Comet version.
- Type
- protocol addition
Key changes
- Add wOETH (0xDcEe70654261AF21C44c093C300eD3Bb97b78192) as collateral asset to cWETHv3 market with configured risk parameters including collateral factor of 0.88 and liquidation incentive of 0.95(high)
- Deploy and upgrade Comet to new version with the updated asset configuration(high)
Generated by Kvorum
02Description
Add wOETH as collaterals into cWETHv3 on Mainnet
Proposal summary
WOOF! proposes to add wOETH 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 on 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 wOETH asset as collateral with corresponding configurations.
The second action deploys and upgrades Comet to a new version.
03Mismatch analysis
The proposal describes two actions: (1) adding wOETH as a new collateral asset to the cWETHv3 market on Ethereum with risk parameters per Gauntlet's recommendation, and (2) deploying and upgrading the Comet proxy to activate the new configuration. The decoded calldata contains exactly two actions: an addAsset call targeting the correct Configurator contract and the correct cometProxy address, adding the wOETH token with specific collateral factor, liquidation factor, and supply cap parameters; and a deployAndUpgradeTo call targeting the same cometProxy via the upgrade mechanism. Both actions align in number, order, and purpose with the prose description. The description does not state specific numeric risk parameter values (e.g., exact collateral factors), so there is nothing to cross-check numerically for a value_mismatch — it defers to the linked Gauntlet recommendation, which is standard practice for this type of routine Compound market listing proposal. No target mismatches, omissions, or extra actions were found. This is a standard, well-formed Compound governance proposal pattern (addAsset + deployAndUpgradeTo) that matches its description closely.
Generated by Kvorum
04Actions
- Target
- 0x316f…36e3
- Value
- 0 wei
- Function
- addAsset(address,(address,address,uint8,uint64,uint64,uint64,uint128))
- Arguments
{ "cometProxy": "0xA17581A9E3356d9A858b789D68B4d866e593aE94", "assetConfig": [ "0xDcEe70654261AF21C44c093C300eD3Bb97b78192", "0x835B92840b721D3A66EB9Da7FC4AdF092A8F77e7", "18", "880000000000000000", "900000000000000000", "950000000000000000", "5000000000000000000000" ] }- Calldata
- Target
- 0x1ec6…8779
- Value
- 0 wei
- Function
- deployAndUpgradeTo(address,address)
- Arguments
{ "cometProxy": "0xA17581A9E3356d9A858b789D68B4d866e593aE94", "configuratorProxy": "0x316f9708bB98af7dA9c68C1C3b5e79039cD336E3" }- Calldata
05Tally
Summed from votes
06Voters
No votes recorded yet.
07Forum
No forum thread is confidently linked to this proposal.
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