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Event HorizonEvent Horizonby0xFAD69Bd739c64cC8e3f1C3bb3B60fe4f160174Cchvax.eth

[COMPOUND] Add ezETH as collateral into cWETHv3 on Arbitrum

Voting ended over 1 year agoSucceeded

Proposal summary

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

https://compound.finance/governance/proposals/308

Off-Chain Vote

Against
1 HVAXVC7.1%
For
10 HVAXVC71.4%
Abstain
3 HVAXVC21.4%
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Timeline

Aug 19, 2024Proposal created
Aug 21, 2024Proposal vote started
Aug 23, 2024Proposal vote ended
Mar 26, 2026Proposal updated