0xd2a79f26…5a0csent to0x309a862b…c8c0·#23,326,701·view on Etherscan
# Initialize cWETHv3 on Linea network
## Proposal summary
WOOF! proposes the deployment of Compound III to the Linea network. This proposal takes the governance steps recommended and necessary to initialize a Compound III WETH market on Linea; upon execution, cWETHv3 will be ready for use. 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/deploy-compound-iii-on-linea/4460/20).
Further detailed information can be found on the corresponding [proposal pull request](https://github.com/compound-finance/comet/pull/982), [deploy market GitHub action run](https://github.com/woof-software/comet/actions/runs/15211470652) and [forum discussion](https://www.comp.xyz/t/deploy-compound-iii-on-linea/4460).
## Proposal Actions
The first proposal action sends ether to the Linea Timelock so it can be wrapped and used to seed the reserves, sets the Comet configuration and deploys a new Comet implementation on Linea. This sends the encoded `setFactory`, `setConfiguration`, `deployAndUpgradeTo` calls across the bridge to the governance receiver on Linea.
The second action updates the ENS TXT record `v3-official-markets` on `v3-additional-grants.compound-community-licenses.eth`, updating the official markets JSON to include the new Linea cWETHv3 market.