0x3fb19771…4c8asent to0x309a862b…c8c0·#22,819,439·view on Etherscan
# Add tBTC as collateral into cUSDCv3 on Base
## Proposal summary
WOOF! proposes to add tBTC into cUSDCv3 on Base network. This proposal takes the governance steps recommended and necessary to update a Compound III USDC market on Base. 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/add-collateral-tbtc-to-compound-base-market/6368/7).
Further detailed information can be found on the corresponding [proposal pull request](https://github.com/compound-finance/comet/pull/998) and [forum discussion](https://www.comp.xyz/t/add-collateral-tbtc-to-compound-base-market/6368).
## Proposal Actions
The first proposal action adds tBTC to the USDC Comet on Base. This sends the encoded `addAsset` and `deployAndUpgradeTo` calls across the bridge to the governance receiver on Base.