Initialize cUSDTv3 on Optimism
| Type | Comet Launch on Optimism (Second Comet on Optimism after USDC) |
|---|---|
| Date | June 16th, 2024 |
| Forum Post | Deploy Compound III on Optimism - #7 by pashabergman |
| Description | The Second Comet to be deployed on Optimism. We expect the USDT comet to be even more popular on Optimism compared to the existing USDC comet. USDT overall has higher demand on Optimism as well as all L2s compared to USDC. This is the first USDT market on V3, we aim to deploy more USDT Markets on different chains. The Proposal launch comes at a very crucial moment when Compound secured a 150000 OP grant from Optimism. Thus the launched markets will receive additional boost |
| Technical team | Woof Software completed the coding, Compound Growth program service fee included the WOOF Coding expenses |