Initialize Compound III (WETH on Ethereum)

Hello @jared

Thank you for your proposal.

It would help to know more about the Chainlink/Coinbase price feed you mentioned - I couldn’t find anything with a quick Google search. In my work at Avantgarde, I actually handle asset listings for Enzyme, so am quite familiar with the requirements for Chainlink’s verified price feeds. It seems to me that cbETH doesn’t meet the bar for one of those in terms of liquidity, so I assume there’s some sort of alternate methodology and that it’s a custom feed. From my perspective, this will be important in evaluating cbETH as a potential collateral asset.

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