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Event HorizonEvent Horizonby0xFAD69Bd739c64cC8e3f1C3bb3B60fe4f160174Cchvax.eth

[COMPOUND] Return Accidentally Sent Funds #4

Voting ended over 1 year agoSucceeded

Following the precedent set in previous proposals, this proposal returns 90% of assets accidentally sent to cUSDCv3 on mainnet. In this TX the WBTC was sent to the protocol. Shortly after, it was automatically sold off for USDC by the protocol in this TX.

The net proceeds to the protocol were 64,927.72518 USDC, so 58,434.952662 USDC will be returned in this proposal. This USDC will be removed from the cUSDCv3 reserves and be sent to the accidental sender (0x14e3cb36fdc4427533d90eeFE32D0bc3aa0c5230).

Forum Discussion

https://compound.finance/governance/proposals/369

Off-Chain Vote

Against
0 HVAXVC0%
For
10 HVAXVC90.9%
Abstain
1 HVAXVC9.1%
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Timeline

Nov 22, 2024Proposal created
Nov 24, 2024Proposal vote started
Nov 26, 2024Proposal vote ended
Mar 26, 2026Proposal updated