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Update 1716798961_add_rseth_and_weeth.ts
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EviLord032 committed May 31, 2024
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Expand Up @@ -129,7 +129,7 @@ export default migration('1716798961_add_rseth_and_weeth', {
},
];

const description = 'DESCRIPTION HERE';
const description = '# Add rsETH and weETH as collaterals into cWETHv3 on Mainnet\n\n## Proposal summary\n\nCompound Growth Program [AlphaGrowth] proposes to add rsETH and weETH into cWETHv3 on Ethereum network. This proposal takes the governance steps recommended and necessary to update a Compound III WETH market on Ethereum. Simulations have confirmed the market’s readiness, as much as possible, using the [Comet scenario suite](https://github.com/compound-finance/comet/tree/main/scenario). The new parameters include setting the risk parameters based off of the [recommendations from Gauntlet weETH](https://www.comp.xyz/t/add-weeth-market-on-ethereum/5179/3) and [recommendations from Gauntlet rsETH](https://www.comp.xyz/t/add-rseth-market-on-ethereum-mainnet/5118/8).\n\nFurther detailed information can be found on the corresponding [proposal pull request](https://github.com/compound-finance/comet/pull/854), [deploy market GitHub action run]() and [forum discussion weETH](https://www.comp.xyz/t/add-weeth-market-on-ethereum/5179) and [forum discussion rsETH](https://www.comp.xyz/t/add-rseth-market-on-ethereum-mainnet/5118).\n\n\n## Proposal Actions\n\nThe first proposal action adds rsETH asset as collateral with corresponding configurations.\n\nThe second action adds weETH asset as collateral with corresponding configurations.\n\nThe third action sets new Annual Supply Interest Rate Slope High to 100%.\n\nThe fourth action sets new Annual Borrow Interest Rate Slope High to 115%.\n\nThe fifth action deploys and upgrades Comet to a new version.\n';
const txn = await deploymentManager.retry(async () =>
trace(
await governor.propose(...(await proposal(mainnetActions, description)))
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