Update LST price feeds on Arbitrum Markets

Proposals
1

Hi, Compounders! We just proposed updating LST price feeds on the Arbitrum market. This proposal updates wstETH and weETH market rate price feeds to exchange rates:

  • wstETH on WETH Arbitrum market
  • weETH on WETH Arbitrum market
  • wstETH on USDT Arbitrum market
  • wstETH on USDC Arbitrum market

Proposal - Compound

Update wstETH and weETH price feed on Arbitrum network

PR - Update price feeds for wstETH and weETH on Arbitrum WETH, USDT and USDC markets by MishaShWoof · Pull Request #903 · compound-finance/comet · GitHub

Actions

  1. Run Slither. Fails. :x:. Update price feeds for wstETH and weETH on Arbitrum WETH, USDT and USDC markets · woof-software/comet@e468cee · GitHub
  2. Forge test. Success.:white_check_mark: Update price feeds for wstETH and weETH on Arbitrum WETH, USDT and USDC markets · woof-software/comet@e468cee · GitHub
  3. Gas Profiler. Success.:white_check_mark: Update price feeds for wstETH and weETH on Arbitrum WETH, USDT and USDC markets · woof-software/comet@e468cee · GitHub
  4. Scan. Success.:white_check_mark: Update price feeds for wstETH and weETH on Arbitrum WETH, USDT and USDC markets · woof-software/comet@e468cee · GitHub
  5. arbitrum-weth Scenario. Success.:white_check_mark: Update price feeds for wstETH and weETH on Arbitrum WETH, USDT and USDC markets · woof-software/comet@e468cee · GitHub
  6. Unit tests. Success.:white_check_mark: Update price feeds for wstETH and weETH on Arbitrum WETH, USDT and USDC markets · woof-software/comet@e468cee · GitHub
  7. Eslint. Success.:white_check_mark: Update price feeds for wstETH and weETH on Arbitrum WETH, USDT and USDC markets · woof-software/comet@e468cee · GitHub
  8. Contract linter. Success.:white_check_mark: Update price feeds for wstETH and weETH on Arbitrum WETH, USDT and USDC markets · woof-software/comet@e468cee · GitHub
  9. Prepare migration. Success.:white_check_mark: Prepare Migration · woof-software/comet@e468cee · GitHub
  10. Enact migration with impersonate. Success.:white_check_mark: Enact Migration · woof-software/comet@e468cee · GitHub
  11. Encat migration. Success. :white_check_mark: Enact Migration · woof-software/comet@e468cee · GitHub

Description we use:

Update Price Feeds on Arbitrum for LSTs\n\n

Proposal summary\n\n

WOOF team suggests to update price feeds for LSTs on Arbitrum markets:\n\n

  • wstETH on WETH Arbitrum market from market rate to exchange rate\n
  • weETH on WETH Arbitrum market from market rate to exchange rate\n
  • wstETH on USDT Arbitrum market from market rate to exchange rate\n
  • wstETH on USDC Arbitrum market from market rate to exchange rate\n\n

Simulations have confirmed the market’s readiness, as much as possible, using the Comet scenario suite. Further detailed information can be found on the corresponding proposal pull request.\n\n\n

Proposal Actions\n\n

The proposal contains only 1 action on Mainnet - send message to arbitrum. There are 7 actions on the Arbitrum side: four first ones are update price feeds and three last actions make comet update to new version.

2 Likes
2

Why was this one cancelled? And can we expect this to be resubmitted?

3

Resubmitted proposal run - Enact Migration · woof-software/comet@bbffde9 · GitHub

Proposal - Compound

1 Like