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Event HorizonEvent Horizonby0xFAD69Bd739c64cC8e3f1C3bb3B60fe4f160174Cchvax.eth

[COMPOUND] Add sUSDS as collateral into cUSDSv3 on Mainnet

Voting ended over 1 year agoSucceeded

Proposal summary

Compound Growth Program [AlphaGrowth] proposes to add sUSDS into cUSDSv3 on Ethereum network. This proposal takes the governance steps recommended and necessary to update a Compound III USDS 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 action adds sUSDS asset as collateral with corresponding configurations.

The second action deploys and upgrades Comet to a new version.

https://compound.finance/governance/proposals/366

Off-Chain Vote

Against
0 HVAXVC0%
For
8 HVAXVC88.9%
Abstain
1 HVAXVC11.1%
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Timeline

Nov 15, 2024Proposal created
Nov 16, 2024Proposal vote started
Nov 18, 2024Proposal vote ended
Mar 26, 2026Proposal updated