0x070341aa…961bsent to0xc0da0293…6529·#20,465,097·view on Etherscan
sendMessage(address,bytes,uint32)# Add USDC as collateral into cWETHv3 on Base
## Proposal summary
Compound Growth Program [AlphaGrowth] proposes to add USDC into cWETHv3 on Base network. This proposal takes the governance steps recommended and necessary to update a Compound III WETH market on Base. 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](https://www.comp.xyz/t/add-dai-usdc-and-usdt-as-collaterals-to-weth-comets-on-mainnet-and-arbitrum/5415/2).
Further detailed information can be found on the corresponding [proposal pull request](https://github.com/compound-finance/comet/pull/898) and [forum discussion](https://www.comp.xyz/t/add-dai-usdc-and-usdt-as-collaterals-to-weth-comets-on-mainnet-and-arbitrum/5415).
## Proposal Actions
The first proposal action adds USDC to the WETH Comet on Base. This sends the encoded `addAsset` and `deployAndUpgradeTo` calls across the bridge to the governance receiver on Base.