Add SKY as Collateral on USDS, USDC, USDT Markets on ETH Mainnet

Add collateral SKY to market USDC on the Mainnet network.

PR - Add SKY as collateral for USDS, USDC, USDT markets by artemwoofsoftware · Pull Request #131 · woof-software/comet · GitHub

Recommendations

Name SKY
1 SupplyCap 144000000(e18)
2 SKY token Decimals 18
3 SKY token Address 0x56072C95FAA701256059aa122697B133aDEd9279
4 Collateral Factor 73%
5 Liquidation Factor 79%
6 Liquidation Penalty 15%

All deployed contracts during deployment/preparation.

Contract name Contract address Link to contract Description Is Verified Explorer
1 ScalingPriceFeed 0x9662Ab6aBB9b04D711ce1c6bE02DD7e955D61EdC ScalingPriceFeed | Address 0x9662Ab6aBB9b04D711ce1c6bE02DD7e955D61EdC | Etherscan Price feed for SKY/USD True Etherscan

Actions

Action name Link Status
1 Run Slither Link Fail
2 Run Unit Tests Link Success
3 Run Forge Tests Link Success
4 Run ESLint Link Success
5 Run Semgremp Link Success
6 Run Contact Linter Link Success
7 Run Tests With Gas Profiler Link Success
8 Run Scenarios Link Success
9 Run Prepare Link Success
10 Run Enact impersonate Link Success
11 Run Enact impersonate Link Run by delegator

Artifacts

Name Value
1 Migration name 1739941370_add_sky_as_collateral
2 Branch name woof-software/add-sky-stables
3 Prepare id 13439521113
4 Network mainnet
5 Deployment usdc
6 Enact id (simulate) 3443796915

Description

Proposal summary\n\n

Compound Growth Program [AlphaGrowth] proposes to add SKY into cUSDCv3 on Ethereum network. This proposal takes the governance steps recommended and necessary to update a Compound III USDC market on Ethereum. 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 on the recommendations from Gauntlet.\n\n

Further detailed information can be found on the corresponding proposal pull request and forum discussion.\n\n\n

Proposal Actions\n\n

The first action adds SKY asset as collateral with corresponding configurations.\n\n

The second action deploys and upgrades Comet to a new version.