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Event HorizonEvent Horizonby0xFAD69Bd739c64cC8e3f1C3bb3B60fe4f160174Cchvax.eth

[COMPOUND] Add wsuperOETHb as collateral into cWETHv3 on Base

Voting ended about 1 year agoSucceeded

Add wsuperOETHb as collateral into cWETHv3 on Base

Proposal summary

Compound Growth Program [AlphaGrowth] proposes to add wsuperOETHb into cWETHv3 on Base network. This proposal takes the governance steps recommended and necessary to update a Compound III WETH market on Base. 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 wsuperOETHb to the WETH Comet on Base. This sends the encoded addAsset and deployAndUpgradeTo calls across the bridge to the governance receiver on Base.

https://tally.xyz/gov/compound/proposal/410

Off-Chain Vote

For
116 HVAXVC98.3%
Against
2 HVAXVC1.7%
Abstain
0 HVAXVC0%
Quorum:11800%
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Timeline

Feb 25, 2025Proposal created
Feb 26, 2025Proposal vote started
Feb 28, 2025Proposal vote ended
Mar 26, 2026Proposal updated