KVORUM
compoundSource: Compound governor oz · #482

Add tBTC as collateral into cUSDCv3 on Arbitrum

defeatedOct 4, 2025, 03:53 PM UTCbyD20xd2a7…5a0c

01Summary

AISummary by Kvorumclaude-haiku-4-5

WOOF! proposes to add tBTC as collateral to the cUSDCv3 market on Arbitrum. The proposal implements risk parameters recommended by Gauntlet and uses encoded calls to bridge the addAsset and deployAndUpgradeTo functions to Arbitrum's governance receiver. Market simulations have confirmed readiness.

Type
protocol addition

Key changes

  • Add tBTC as collateral asset to cUSDCv3 on Arbitrum network(high)
  • Set risk parameters for tBTC based on Gauntlet recommendations(high)
  • Deploy and upgrade Comet contract on Arbitrum via cross-chain governance(high)
Contracts0x4dbd4fc535ac27206064b68ffcf827b0a60bab3f0x42480C37B249e33aABaf4c22B20235656bd380680x9c4ec768c28520b50860ea7a15bd7213a9ff58bf0x6c84a8f1c29108f47a79964b5fe888d4f4d0de40
Generated by Kvorum
model: claude-haiku-4-5
provider: anthropic
profile: anthropic-fast-v1
prompt: v1.0
generated: 2mo ago
Read the description ↗

02Description

117 words

Add tBTC as collateral into cUSDCv3 on Arbitrum

Proposal summary

WOOF! proposes to add tBTC into cUSDCv3 on Arbitrum network. This proposal takes the governance steps recommended and necessary to update a Compound III USDC market on Arbitrum. 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 tBTC to the USDC Comet on Arbitrum. This sends the encoded 'addAsset' and 'deployAndUpgradeTo' calls across the bridge to the governance receiver on Arbitrum.

03Mismatch analysis

AIMismatch analysis by Kvorum

A calldata-vs-description analysis is not generated yet. Review the decoded actions →

04Actions

1 total
#0createRetryableTicket(address,uint256,uint256,address,address,uint256,uint256,bytes)chain 0x1
Target
0x4dbd…ab3f
Value
2295418500000000 wei
Function
createRetryableTicket(address,uint256,uint256,address,address,uint256,uint256,bytes)
Arguments
{
  "to": "0x42480C37B249e33aABaf4c22B20235656bd38068",
  "data": "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",
  "gasLimit": "1342817",
  "l2CallValue": "0",
  "maxFeePerGas": "500000000",
  "maxSubmissionCost": "1624010000000000",
  "callValueRefundAddress": "0x3fB4d38ea7EC20D91917c09591490Eeda38Cf88A",
  "excessFeeRefundAddress": "0x3fB4d38ea7EC20D91917c09591490Eeda38Cf88A"
}
Calldata

05Tally

Summed from votes

Voters0
VP participating0
Outcome (current)—
Current support—

06Voters

0 total

No votes recorded yet.

07Forum

AIForum synthesis by Kvorumclaude-haiku-4-5
sentiment · favorablethread · constructive

Arguments for

  • tBTC collateral addition on Arbitrum improves capital efficiency by enabling users to use tBTC as collateral across USDC and USDT markets with reasonable risk parameters.— Gauntlet, dmitriywoofsoftware
  • The recommended parameters (80% collateral factor, 85% liquidation factor, 10% liquidation penalty, 80 tBTC supply cap) are appropriately calibrated for safe market integration.— Gauntlet, dmitriywoofsoftware
  • All technical implementation testing has passed successfully, including Slither, Forge tests, Tenderly simulations, and enactment checks across mainnet and Arbitrum.— dmitriywoofsoftware
  • tBTC has demonstrated sufficient liquidity and trading activity on Arbitrum (as evidenced by example swap screenshots) to support market listing.— Gauntlet

Arguments against

None surfaced.

Unresolved concerns

  • The thread remained stalled for an extended period between February 2025 and September 2025 with unclear reasons for the delay in proposal advancement.— FREDY, satisfiend

Notable participants

  • GauntletRisk analysis provider who authored the initial tBTC parameter recommendations across all comets.
  • dmitriywoofsoftwareImplementation lead from WOOF who developed, tested, and submitted the technical proposals for both Arbitrum USDC and USDT markets.
  • FREDYCommunity member who questioned the requirements for proposal advancement.
  • satisfiendCommunity observer who noted the proposal had stalled compared to similar governance initiatives.
Generated by Kvorum
model: claude-haiku-4-5
provider: anthropic
profile: anthropic-fast-v1
prompt: v1.0
generated: 2mo ago
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