0xd2a79f26…5a0csent to0x309a862b…c8c0·#22,389,796·view on Etherscan
# Add SKY as collateral into cUSDSv3 on Mainnet
## Proposal summary
Compound Growth Program [AlphaGrowth] proposes to add SKY into cUSDSv3 on Ethereum network. This proposal takes the governance steps recommended and necessary to update a Compound III USDS 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 on the [recommendations from Gauntlet](https://www.comp.xyz/t/add-sky-as-collateral-on-usds-usdc-usdt-markets-on-eth-mainnet/6074).
Further detailed information can be found on the corresponding [proposal pull request](https://github.com/compound-finance/comet/pull/966) and [forum discussion](https://www.comp.xyz/t/add-sky-as-collateral-on-usds-usdc-usdt-markets-on-eth-mainnet/6074).
## Proposal Actions
The first action adds SKY asset as collateral with corresponding configurations.
The second action deploys and upgrades Comet to a new version.