0xd2a79f26…5a0csent to0x309a862b…c8c0·#23,015,870·view on Etherscan
# Add sdeUSD as collateral into cUSDSv3 on Mainnet
## Proposal summary
WOOF! proposes to add sdeUSD 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-collateral-deusd-sdeusd-staked-on-usdc-usds-usdt-on-mainnet/6112/6).
Further detailed information can be found on the corresponding [proposal pull request](https://github.com/compound-finance/comet/pull/994) and [forum discussion](https://www.comp.xyz/t/add-collateral-deusd-sdeusd-staked-on-usdc-usds-usdt-on-mainnet/6112).
## Proposal Actions
The first action adds sdeUSD asset as collateral with corresponding configurations.
The second action deploys and upgrades Comet to a new version.