[WOOF!] Development Updates

Hello Compound residents! As part of Compound Growth Program grant, WOOF! committed to serve the Compound Community for the next 12 months. We’ll be using this thread to provide real-time updates on all the projects we’re working on. For detailed status updates on each project, check out our Notion board.

Also, we will provide weekly updates along with AlphaGrowth reports and speak at Community calls every 2 weeks.

Any questions or suggestions are warmly welcome.

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Arbitrum wETH market was pushed on-chain.

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Optimism USDT market was pushed on-chain.

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Optimism wETH market was developed and passed to audit.

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Adding of ezETH asset to Mainnet ETH market was developed and passed to audit.

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Dashboards for LTIPP Arbitrum grant were updated.

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Successful USDT OP market proposal execution - Deploy Compound III on Optimism - #21 by dmitriywoofsoftware

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Hey Compounders,

It is a historical day for Compound Protocol. Here is the list of proposals that was launched today.

  1. New USDT market on Arbitrum - Compound
  2. New USDT market on Polygon - Compound
  3. New weETH collateral on WETH Mainnet market - Compound
  4. New rsETH collateral on WETH Mainnet market - Compound

LETSSS GOOO

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[WOOF! weekly updates changes]

Hi Compounders. We decided to make more structured reports and update this thread weekly. We will post all the updates from the 2nd of June and update the post weekly, on Mondays. Commonly, we are going to present, what we developed and what we are going to develop for the next week. If you have any questions, or feedback about our teamwork, development speed, or prioritization of tasks - you are welcome to write comments. Thanks.

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Update for the Week of June 2 - June 8, 2024

In development / completed tasks

  1. New Arbitrum WETH market: the market was deployed, successfully ran all actions, and successfully enacted migration. Deploy compound v3 WETH market on Arbitrum by dmitriy-woof-software · Pull Request #856 · compound-finance/comet · GitHub
  2. New Optimism WETH market: the market was deployed, successfully ran all actions, and successfully enacted migration. Waiting for configuration.
  3. Added collaterals to Mainnet ETH market: the market was deployed, successfully ran all actions, and successfully enacted migration. Add rsETH and weETH as collateral to WETH market on mainnet by dmitriy-woof-software · Pull Request #857 · compound-finance/comet · GitHub
  4. New Polygon USDT market: the market was deployed, successfully ran all actions, and successfully enacted migration. On-chain proposal v3 USDT market on Polygon by EviLord032 · Pull Request #858 · compound-finance/comet · GitHub
  5. Listed COMP on Superbridge Website. Added COMP token on Optimism by EviLord032 · Pull Request #50 · superbridgeapp/token-lists · GitHub
  6. Created Dune Dashboards for Arbitrum LTIPP
  7. Rewards System Improvement: delivered smart-contracts part, delivering back-end part by EOW. Rewards System Improvement

Plans

  1. Push on-chain proposals for new markets.
  2. Update DeFi Llama
  3. Rewards System v3
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Update for the Week of June 9 - June 15, 2024

In development / completed tasks

  1. Arbitrum WETH market. We updated typos that were found in the audit. Run on-chain proposal - Compound.
  2. Optimism USDT market. Twice running on-chain proposal for Optimism USDT market - Compound.
  3. Arbitrum USDT market. Updated description and passed to audit. We found the error in scenarios that existed before but have not appeared yet. Already fixed it - On-chain Compound v3 USDT Arbitrum market by MishaShWoof · Pull Request #864 · compound-finance/comet · GitHub.
  4. Optimism WETH market. The market is completed. The market requires a final review and then it is ready to be audited - Deploy WETH market on Optimism by dmitriy-woof-software · Pull Request #865 · compound-finance/comet · GitHub.
  5. Mainnet WETH market. Added ezETH collateral for Mainnet WETH market. We faced the issue, due to the custom ezETH oracle, but we successfully found a plain and beautiful solution. New collateral is ready to be audited - On-chain proposal to add ezETH in WETH Mainnet market by MishaShWoof · Pull Request #867 · compound-finance/comet · GitHub 1.
  6. Update Dune Dashboards for Arbitrum LTIPP for Layer3 provider
  7. Update Dune Dashboards for Arbitrum LTIPP for Vaultcraft provider
  8. Verified contract for Optimism grant
  9. Mainnet WETH market. Developing new WBTC collateral for the Mainnet WETH market
  10. Arbitrum WETH market. Developing new WBTC collateral for the Arbitrum WETH market

Plans

  1. Push on-chain proposals for Arbitrum USDT.
  2. Update DeFi Llama for USDT Optimism and WETH Arbitrum.
  3. Rewards System v3
  4. Add COMP in Suberbridge for Base ↔ ETH
  5. Discover 4626 standard and how Compound protocol can work with it
  6. On-going markets
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Update for the Week of June 16 - June 22, 2024

In development / completed tasks

  1. Arbitrum USDT market development. We received feedback from OZ with 2 issues. We managed to fix them in one day.
  2. Polygon USDT market development. It is the first market that was proposed without OZ review. We paid a lot of attention to making it perfect, with double-checks of several engineers. During the double-checks, we found some issues and successfully fixed them.
  3. Develop new weETH WETH Mainnet collateral. Adding of collateral was pushed without OZ review as well.
  4. Develop new rsETH WETH Mainnet collateral. Adding of collateral was pushed without OZ review as well.
  5. Develop new osETH WETH Mainnet collateral. Adding of collateral was pushed without OZ review as well.
  6. We were notified that weETH, rsETH, and osETH should be pushed in different proposals, thus we performed it ASAP on Friday.
  7. Integrated OKX for Dune LTIPP dashboard.

Deployments

To create on-chain proposals we were helped by FranklinDAO, PGov, Michigan Blockchain, and Columbia Blockchain. It is not that easy to find enough delegators, thus we pushed only 4 of 5 planned proposals:

  1. New USDT market on Arbitrum - Compound
  2. New USDT market on Polygon - Compound
  3. New weETH collateral on WETH Mainnet market - Compound
  4. New rsETH collateral on WETH Mainnet market - Compound
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Update for the Week of June 23 - June 29, 2024

Completed

  1. Fix Mainnet USDT market issues from Auditors
  2. Deploy and push on-chain USDT Mainnet market. Proposal - Compound. PR - On chain USDT Mainnet market by dmitriy-woof-software · Pull Request #862 · compound-finance/comet · GitHub
  3. Deploy and push on-chain osETH collateral for the Mainnet WETH market. Proposal - Compound. PR - On-chain add osETH collateral to WETH Mainnet market by dmitriy-woof-software · Pull Request #871 · compound-finance/comet · GitHub
  4. Develop and deliver a script displaying the current Layer3 Arbitrum LTIPP distribution APR -index.js · GitHub
  5. ezETH price feed + reverse price feed. We decided to create a PR that only represents price feeds to speed up the process of delivering ezETH collateral and Optimism WETH Market. New custom price feeds by MishaShWoof · Pull Request #872 · compound-finance/comet · GitHub
  6. Update DefiLlama with recently deployed USDT Optimism and WETH Arbitrum Markets. Add optimism-usdt and arbitrum-weth markets by MishaShWoof · Pull Request #10748 · DefiLlama/DefiLlama-Adapters · GitHub
  7. Update for docs.compound.finance with recently deployed USDT Optimism and WETH Arbitrum Markets Add two new markets by MishaShWoof · Pull Request #71 · compound-finance/compound-finance.github.io · GitHub

Plans for 30 June - 6 July

  1. Push on-chain ezETH collateral on Mainnet WETH market. Price feed should be audited by Friday.
  2. Push on-chain WBTC collateral on Mainnet WETH market
  3. Push on-chain WBTC collateral on Arbitrum WETH market
  4. Develop and push on-chain proposal for weETH & rsETH price feed update on Mainnet WETH market.
  5. Develop exchange rate price feeds for weETH and rsETH
  6. Update defillama for USDT Arbitrum and USDT Polygon markets.
  7. Update docs for Arbitrum USDT, Polygon USDT, weETH & rsETH on WETH Mainnet
  8. Develop DAI Mainnet market. If no contract changes - push it on-chain.
  9. Create script for Layer3 LTIPP ARB distribution. This script will generate spreadsheet with addresses and amount of
  10. [optional]. Update WETH market on Optimism as it was developed long time ago and prepare for on-chain push.
  11. [optional] Research Safe Integration.
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Update for the Week of 30 June - 6 July

Completed tasks

  1. Deployed and pushed on-chain WBTC collateral on the Mainnet WETH market. Proposal - Compound. PR - On-chain proposal to add WBTC in WETH Mainnet market #20
  2. Update DefiLlama for USDT Arbitrum and USDT Polygon markets. Add Arbitrum-USDT and Polygon-USDT markets #10820
  3. Added Arbitrum USDT, Polygon USDT, weETH & rsETH on WETH Mainnet to the Compound docs Add Arbitrum-USDT and Polygon-USDT markets #72, Add weETH & rsETH on Mainnet-WETH market #73
  4. Created and delivered a script for Layer3 LTIPP ARB distribution. index.js Git Hub
  5. We have updated DUNE queries for the LTIPP Arbitrum.
  6. Developed DAI market. Due to evaluating security risk, we have not created an on-chain proposal because DAI has custom write methods, which could potentially affect the protocol. The proposal is developed and ready to be pushed on-chain soon. Link to DAI PR Deploy DAI Mainnet market #879
  7. weETH and rsETH price feeds and migration script was created. The audit was delivered on the 5th of Jul, so we aim to make changes on the 8-14 Jul weeks and push the on-chain proposal on the 13-14 Jul. Link to migration script for weETH & rsETH.

Plans for 8 July - 14 July

  1. [collateral] Push on-chain WBTC collateral on the Arbitrum WETH market.
  2. Create a DUNE Dashboard that shows compound market growth.
  3. [collateral] Push on-chain ezETH collateral on the Mainnet WETH market.
  4. [market] Finish and push on-chain WETH market on Optimism
  5. Update Compound Docs: WBTC on WETH Mainnet, osETH on Mainnet, and USDT Mainnet market.
  6. Update DefilLlama with the recently added USDT Mainnet market.
  7. Start developing wstETH collateral to Arbitrum cUSDCV3, Base v3WETH, and ETHv3 USDC markets.
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Updates for week of July 8 - July 14, 2024

Developed:

  1. DAI market on Ethereum - Coded. However, we need to discover and discuss DSR (Dai savings rate) usage & implementation.
  2. Created the DUNE Dashboard for delegators.
  3. [collateral] WBTC collateral on WETH market on Arbitrum - developed. PR.
  4. [collateral] ezETH collateral on WETH market on Mainnet - developed. PR.
  5. [collateral] wstETH collateral on cUSDCv3 on Arbitrum - developed. PR.
  6. [price feeds] weETH & rsETH - Updated price feeds to the exchange rate - developed. PR.
  7. [market] cWETHv3 market on Optimism - developed. PR.
  8. [collateral] wstETH collateral on cUSDCv3 on Base - In development.
  9. [collateral] wstETH collateral on cUSDCv3 on Ethereum - In development.
  10. [collateral] rswETH collateral on ETH on Ethereum - In development.
  11. Add USDT Mainnet market on DefiLlama.
  12. Update docs.compound.finance for USDT Mainnet market and osETH collateral.

Pushed on-chain:

  1. [collateral] WBTC collateral on WETH market on Arbitrum. Proposal.
  2. [collateral] ezETH collateral on WETH market on Mainnet. Proposal.
  3. [collateral] wstETH collateral on cUSDCv3 on Arbitrum. Proposal.
  4. [price feeds] weETH & rsETH - Updated price feeds to the exchange rate. Proposal.
  5. [market] cWETHv3 market on Optimism. Proposal.

Plan s for 15-21 July:

  1. DAI Comet on Ethereum (DSR) discussion & research.
  2. ezETH to WETH on Base - develop & push on-chain.
  3. wstETH to cUSDCv3 on Ethereum - develop & push on-chain.
  4. wstETH to cUSDTv3 on Optimism - develop & push on-chain.
  5. wstETH to cUSDCv3 on Optimism - develop & push on-chain.
  6. wstETH to cUSDCv3 on Base - develop & push on-chain.
  7. wstETH to cWETHv3 on Base - develop only.
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