0x871fac07…e26csent to0x309a862b…c8c0·#24,788,851·view on Etherscan
# Deprecate stMATIC in cUSDTv3 on Polygon
## Proposal summary
WOOF! propose to deprecate stMATIC as collateral in cUSDTv3 on Polygon by updating its price feed to a constant price feed with a price of 1 wei and set its supply cap to 0.
Further detailed information can be found on the corresponding [proposal pull request](https://github.com/compound-finance/comet/pull/1095) and [forum discussion](https://www.comp.xyz/t/gauntlet-depreciating-stmatic-on-polygon-usdt-and-usdc-e-comets/7083).
## Proposal actions
The first action updates stMATIC price feed to the constant price feed with a price of 1 wei and sets its supply cap to 0. This sends the encoded 'updateAssetPriceFeed', 'updateAssetSupplyCap' and 'deployAndUpgradeTo' calls across the bridge to the governance receiver on Polygon.