0xd2a79f26…5a0csent to0x309a862b…c8c0·#24,373,721·view on Etherscan
# Add XAUt as collateral into cUSDTv3 on Ethereum
## Proposal summary
WOOF! proposes to add XAUt into cUSDTv3 on Ethereum network. This proposal takes the governance steps recommended and necessary to update a Compound III USDT 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](https://www.comp.xyz/t/gauntlet-xaut-risk-recommendations-for-mainnet-usdt/7539/1).
Further detailed information can be found on the corresponding [proposal pull request](https://github.com/compound-finance/comet/pull/1085) and [forum discussion](https://www.comp.xyz/t/gauntlet-xaut-risk-recommendations-for-mainnet-usdt/7539).
## Proposal Actions
The first proposal action adds XAUt asset as collateral with corresponding configurations.
The second action deploys and upgrades Comet to a new version.