Add sdeUSD to the USDT market on Mainnet.
PR - https://github.com/compound-finance/comet/pull/996
PR(woof) - https://github.com/woof-software/comet/pull/167
Proposal - WIP
Recommendations
The recommendations provided by Gauntlet
| № | Name | sdeUSD |
|---|---|---|
| 1 | SupplyCap | 5_000_000(e18) |
| 2 | sdeUSD token Decimals | 18 |
| 3 | sdeUSD token Address | 0x5C5b196aBE0d54485975D1Ec29617D42D9198326 |
| 4 | Collateral Factor | 88% |
| 5 | Liquidation Factor | 90% |
| 6 | Liquidation Penalty | 4% |
Actions
| № | Action name | Link | Status |
|---|---|---|---|
| 1 | Run Slither | Link | Fail |
| 2 | Run Forge Tests | Link | Success |
| 3 | Run Tests With Gas Profiler | Link | Success |
| 4 | Run Semgremp | Link | Success |
| 5 | Run Scenarios (mainnet-usdt) | Link | Success |
| 6 | Run Unit Tests | Link | Success |
| 7 | Run ESLint | Link | Success |
| 8 | Run Contact Linter | Link | Success |
| 9 | Run Enact impersonate | Link | Success |
| 10 | Run Enact (by delegator) | Link | Success |
Artifacts
| № | Name | Value |
|---|---|---|
| 1 | Migration name | 1750667657_add_sdeusd_collateral |
| 2 | Branch name | woof-software/add-sdeusd-to-usdt-mainnet |
| 3 | Prepare id | - |
| 4 | Network | mainnet |
| 5 | Deployment | usdt |
Description
# Add sdeUSD as collateral into cUSDTv3 on Mainnet\n\n
## Proposal summary\n\n
WOOF! proposes to add sdeUSD into cUSDTv3 on Ethereum network. This proposal takes the governance steps recommended and necessary to update a Compound III USDT market on Ethereum. Simulations have confirmed the market’s readiness, as much as possible, using the [Comet scenario suite](comet/scenario at main · compound-finance/comet · GitHub). The new parameters include setting the risk parameters based on the [recommendations from Gauntlet](https://www.comp.xyz/t/add-collateral-deusd-sdeusd-staked-on-usdc-usds-usdt-on-mainnet/6112/6).\n\n
Further detailed information can be found on the corresponding [proposal pull request](Add sdeUSD to cUSDTv3 on Mainnet by MishaShWoof · Pull Request #996 · compound-finance/comet · GitHub) and [forum discussion](https://www.comp.xyz/t/add-collateral-deusd-sdeusd-staked-on-usdc-usds-usdt-on-mainnet/6112).\n\n\n
## Proposal Actions\n\n
The first action adds sdeUSD asset as collateral with corresponding configurations.\n\n
The second action deploys and upgrades Comet to a new version.