Update rETH price feed in cWETHv3 on Mainnet
01Summary
Updates the rETH price feed in Compound III WETH market on Ethereum by replacing the deprecated Chainlink RETH/ETH Oracle with a new CAPO price feed that directly fetches the exchange rate from the rETH contract. Includes a Comet contract upgrade.
- Type
- contract upgrade
Key changes
- Replace deprecated Chainlink RETH/ETH Oracle with new CAPO price feed (0x584A6BB85FC446642217bE0F6491C9D652f33B72) for rETH asset (0xae78736Cd615f374D3085123A210448E74Fc6393)(high)
- Deploy and upgrade Comet to new version(high)
- New CAPO price feed retains same parameters as previous feed(medium)
Notable concerns
- Chainlink RETH/ETH Oracle has been deprecated and required replacement
Generated by Kvorum
02Description
Update rETH price feed in cWETHv3 on Mainnet
Proposal summary
This proposal updates the rETH price feed in the Compound III WETH market on Ethereum.
Due to the deprecation of the RETH / ETH Chainlink Oracle, the rETH price feed must be replaced with a new CAPO price feed that fetches the rETH / ETH exchange rate directly from the rETH contract. The new price feed retains the same CAPO parameters as the previous one.
Further detailed information can be found on the corresponding proposal pull request and forum discussion for CAPO.
New price feed audit
New CAPO price feed for rETH has been audited by Certora and no issues were found.
Proposal Actions
The first action updates the rETH price feed to the new CAPO contract.
The second action deploys and upgrades Comet to a new version.
03Mismatch analysis
The description states two actions: (1) update the rETH price feed to a new CAPO contract for the cWETHv3 market, and (2) deploy and upgrade Comet to apply the change. The decoded calldata matches exactly: action 0 calls updateAssetPriceFeed with the rETH asset address and a new price feed address targeting the same Comet proxy (cWETHv3 on mainnet), and action 1 calls deployAndUpgradeTo on the same Comet proxy via the Configurator, which is the standard mechanism to apply a Configurator change. There are no numeric parameters to verify (no percentages, caps, or amounts stated in the description), and the targets align with the described market (cWETHv3 on Ethereum mainnet). No omitted, extra, or mismatched actions were found; the two actions are a standard and complete pairing for this type of Compound III configuration update.
Generated by Kvorum
04Actions
- Target
- 0x316f…36e3
- Value
- 0 wei
- Function
- updateAssetPriceFeed(address,address,address)
- Arguments
{ "asset": "0xae78736Cd615f374D3085123A210448E74Fc6393", "cometProxy": "0xA17581A9E3356d9A858b789D68B4d866e593aE94", "newPriceFeed": "0x584A6BB85FC446642217bE0F6491C9D652f33B72" }- Calldata
- Target
- 0x1ec6…8779
- Value
- 0 wei
- Function
- deployAndUpgradeTo(address,address)
- Arguments
{ "cometProxy": "0xA17581A9E3356d9A858b789D68B4d866e593aE94", "configuratorProxy": "0x316f9708bB98af7dA9c68C1C3b5e79039cD336E3" }- Calldata
05Tally
Summed from votes
06Voters
| Voter | Choice | % of total | Rationale | ||
|---|---|---|---|---|---|
| 3F0x3fb1…4c8a | For | 104.8K | 15.26% | — | 7mo ago |
| 660x66cd…65f9 | For | 80K | 11.65% | — | 7mo ago |
| B30xb356…c826 | For | 60.3K | 8.78% | — | 7mo ago |
| B40xb49f…7948 | For | 60K | 8.74% | — | 7mo ago |
| 050x0579…ca09 | For | 60K | 8.74% | — | 7mo ago |
| 170x1729…b879 | For | 60K | 8.74% | — | 7mo ago |
| B70xb792…89d7 | For | 60K | 8.74% | — | 7mo ago |
| D20xd2a7…5a0c | For | 60K | 8.74% | — | 7mo ago |
| B90xb933…8dd1 | For | 60K | 8.74% | — | 7mo ago |
| 070x0703…961b | For | 51.7K | 7.53% | — | 7mo ago |
| 130x13bd…8548 | For | 30K | 4.37% | — | 7mo ago |
| 9F0x9f77…2768 | For | 0.9 | 0.00% | — | 7mo ago |
| 2F0x2f2f…f78a | For | 0.5 | 0.00% | — | 7mo ago |
07Forum
No forum thread is confidently linked to this proposal.
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