Listing tETH on Compound

Proposals
6

This document clarifies the tETH deployment on the Mainnet network for wstETH markets.

PR with all the changes including 24 collaterals update - Add tETH to cWETHv3 and cWstETHv3 on Mainnet by MishaShWoof · Pull Request #955 · compound-finance/comet · GitHub

PR ONLY with tETH changes for easier review - Squash tETH to Mainnet WETH and wstETH by MishaShWoof · Pull Request #117 · woof-software/comet · GitHub - please review only this scope

Actions

  1. Run Slither. Fails. :x:. Squash tETH to Mainnet WETH and wstETH · woof-software/comet@9ed075b · GitHub
  2. Forge test. Success.:white_check_mark: Squash tETH to Mainnet WETH and wstETH · woof-software/comet@9ed075b · GitHub
  3. Gas Profiler. Success.:white_check_mark: Squash tETH to Mainnet WETH and wstETH · woof-software/comet@9ed075b · GitHub
  4. Scan. Success.:white_check_mark: Squash tETH to Mainnet WETH and wstETH · woof-software/comet@9ed075b · GitHub
  5. Unit tests. Success.:white_check_mark: Squash tETH to Mainnet WETH and wstETH · woof-software/comet@9ed075b · GitHub
  6. Eslint. Success.:white_check_mark: Squash tETH to Mainnet WETH and wstETH · woof-software/comet@9ed075b · GitHub
  7. Contract linter. Success.:white_check_mark: Squash tETH to Mainnet WETH and wstETH · woof-software/comet@9ed075b · GitHub
  8. mainnet-wsteth Scenario. Success. :white_check_mark: Squash tETH to Mainnet WETH and wstETH · woof-software/comet@9ed075b · GitHub
  9. Mainnet-wsteth prepare. Success. :white_check_mark: Prepare Migration · woof-software/comet@d85b648 · GitHub
  10. Mainnet-wsteth enact impersonate. Success. :white_check_mark: Enact Migration · woof-software/comet@9ed075b · GitHub
  11. Mainnet-wsteth enact. Success. :white_check_mark: Enact Migration · woof-software/comet@9ed075b · GitHub

Description we use:

Add tETH as collateral into cWstETHv3 on Mainnet\n\n

Proposal summary\n\n

Compound Growth Program [AlphaGrowth] proposes to add tETH into cWstETHv3 on Ethereum network. This proposal takes the governance steps recommended and necessary to update a Compound III wstETH 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 tETH asset as collateral with corresponding configurations.\n\n

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