Add collaterals USDC, wstETH, weETH, USDbC to ETH Comet and wstETH, weETH, rETH to USDC Comet on Base

The Compound Growth Program proposes addition of new collateral assets to the ETH Comet on Base chain. We are confident that addition of these collaterals will make Compound accessible to a larger pool of holders which in turn will increase borrowing

ETH on Base (Compound.finance Page)

Assets

Asset Circulating Supply MCap BaseScan address
USDC $2Bn Link
wstETH $97M Link
weETH - Link
USDbC $48M Link

USDC on Base (Compound.finance Page)

Asset Circulating Supply MarketCap BaseScan Address
wstETH $97M Link
weETH - Link
rETH 13M Link

Motivation

Base ETH Comet currently only has 1 asset listed. Adding more assets will increase borrowing, utilization and more users to the Comet. Similar for USDC Comet, adding more collaterals will make it an attractive stablecoin pool for a wider base of users.

Next Steps

We welcome any community feedback and recommendations for the above listed assets.

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Update, @Gauntlet has already suggested recommendations for wstETH on the Base comets

I am posting their recommendations here to avoid confusion to community members

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I extremely would like to see weETH on Base.

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Provided weETH recommendations to BASE WETH Comet within this post: