Update cbBTC price feeds on Base to SVR
01Summary
Updates cbBTC price feeds in Compound III markets (AERO, USDC, USDS, WETH) on Base to use new SVR price feeds, with fee revenue directed to Compound DAO multisig at 0xb3e79c7cac540ca833015e63d96d3032ba0c4129.
- Type
- protocol addition
Key changes
- Update cbBTC price feeds in AERO and WETH markets on Base to SVR(high)
- Update cbBTC price feeds in USDC and USDS markets on Base to SVR(high)
- Set SVR fee recipient to Compound DAO multisig to receive OEV-related revenue from liquidators(medium)
Generated by Kvorum
02Description
Update cbBTC price feeds on Base to SVR
Proposal summary
This proposal updates the cbBTC price feeds in the Compound III AERO, USDC, USDS, and WETH markets on Base to use the new SVR price feeds.
Further detailed information can be found on the corresponding proposal pull request and forum discussion for SVR.
SVR fee recipient
SVR generates revenue from liquidators and Compound DAO will receive that revenue as part of the protocol fee. The fee recipient for SVR on Base is set to Compound DAO multisig: 0xb3e79c7cac540ca833015e63d96d3032ba0c4129.
Proposal Actions
The first action updates the cbBTC price feeds in the AERO and WETH markets.
The second action updates the cbBTC price feeds in the USDC and USDS markets.
03Mismatch analysis
Both decoded actions are bridge messages (sendMessage) to the same L2 target, each encoding two 'updateAssetPriceFeed(address,address,address)' calls followed by two 'deployAndUpgradeTo(address,address)' calls — the standard Compound governance pattern for updating a Comet market's price feed and then upgrading the proxy to apply it. This matches the description's claim that action 1 touches two markets (AERO, WETH) and action 2 touches two other markets (USDC, USDS): each action indeed targets two distinct Comet proxy addresses. The raw calldata does not include human-readable market labels, so I cannot cryptographically confirm which specific proxy corresponds to which named market (AERO vs WETH, USDC vs USDS), which limits confidence to medium rather than high. However, the count, structure, and function selectors used are fully consistent with the described operation, and no extraneous or missing high-impact actions (e.g., fund transfers, role grants) are present. The 'SVR fee recipient' paragraph is presented as background/context rather than an action this proposal executes, and indeed no fee-recipient-setting call appears in the decoded actions, so this is not a discrepancy. Overall the description appears to be an honest, appropriately summarized account of the calldata's technical effect (routine price-feed update plus proxy upgrade boilerplate omitted from prose, which is expected and not flagged).
Generated by Kvorum
04Actions
- Target
- 0x866e…0afa
- Value
- 0 wei
- Function
- sendMessage(address,bytes,uint32)
- Arguments
{ "_target": "0x18281dfC4d00905DA1aaA6731414EABa843c468A", "_message": "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", "_minGasLimit": "3000000" }- Calldata
- Target
- 0x866e…0afa
- Value
- 0 wei
- Function
- sendMessage(address,bytes,uint32)
- Arguments
{ "_target": "0x18281dfC4d00905DA1aaA6731414EABa843c468A", "_message": "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", "_minGasLimit": "3000000" }- Calldata
05Tally
Summed from votes
06Voters
| Voter | Choice | % of total | Rationale | ||
|---|---|---|---|---|---|
| 660x66cd…65f9 | For | 80.2K | 12.71% | — | 4mo ago |
| 3F0x3fb1…4c8a | For | 80K | 12.67% | — | 4mo ago |
| B40xb49f…7948 | For | 60K | 9.50% | — | 4mo ago |
| 050x0579…ca09 | For | 60K | 9.50% | — | 4mo ago |
| B70xb792…89d7 | For | 60K | 9.50% | — | 4mo ago |
| B90xb933…8dd1 | For | 60K | 9.50% | — | 4mo ago |
| 170x1729…b879 | For | 60K | 9.50% | — | 4mo ago |
| D20xd2a7…5a0c | For | 60K | 9.50% | — | 4mo ago |
| B30xb356…c826 | For | 59K | 9.34% | — | 4mo ago |
| 070x0703…961b | For | 51.7K | 8.19% | — | 4mo ago |
| 1F0x1f3d…0591 | For | 440.7 | 0.07% | — | 4mo ago |
| C50xc554…7759 | For | 11.2 | 0.00% | — | 4mo ago |
| E90xe93d…e2b5 | For | 5.9 | 0.00% | — | 4mo ago |
| 9F0x9f77…2768 | For | 1 | 0.00% | — | 4mo ago |
| 2F0x2f2f…f78a | For | 0.5 | 0.00% | — | 4mo ago |
07Forum
No forum thread is confidently linked to this proposal.
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