[AlphaGrowth] Compound Growth Program Updates

Hey Folks, last week we shared a separate forum post highlighting some strategic priorities for Compound. Community members can view the forum post here

In alignment with our stated priorities, here are the key updates

  • USDT Deployment: We have selected a team for development and they have applied for the CGP grant to kickstart the development process to list the USDT Market on ETH. Please check out the proposal on CGP (Questbook) by @pennblockchain
  • OP Deployment in progress: We are working with a team of developers, a forum post is also going live soon.
  • Native USDC on base: Currently in early stages,
  • Rewards Contract: Initiated a conversation on forum Request for Comment : Updating Rewards Contract
  • Lido wstETH collateral integration in advanced stages, the code is currently being audited after which the team aims to post an on-chain vote.
  • some more collateral assets in early stages of conversations.

As we keep pursuing initiatives that will benefit the platform and community in long term, we invite feedback and suggestions for any other opportunity that should also be pursued.

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