0xdc1f9868…e432sent to0xc0da0293…6529·#20,916,744·view on Etherscan
# Add tBTC as collateral into cWETHv3 on Mainnet
## Proposal summary
Compound Growth Program [AlphaGrowth] proposes to add tBTC into cWETHv3 on Ethereum network. This proposal takes the governance steps recommended and necessary to update a Compound III WETH 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-tbtc-to-eth-market-on-mainnet/5399/12).
Further detailed information can be found on the corresponding [proposal pull request](https://github.com/compound-finance/comet/pull/934) and [forum discussion](https://www.comp.xyz/t/add-collateral-tbtc-to-eth-market-on-mainnet/5399).
## Proposal Actions
The first action adds tBTC asset as collateral with corresponding configurations.
The second action deploys and upgrades Comet to a new version.