0x3fb19771…4c8asent to0xc0da0293…6529·#20,829,512·view on Etherscan
# Add rswETH as collateral into cWETHv3 on Mainnet
## Proposal summary
Compound Growth Program [AlphaGrowth] proposes to add rswETH 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-rsweth-as-collateral-to-eth-market-on-mainnet/5308/3).
Further detailed information can be found on the corresponding [proposal pull request](https://github.com/compound-finance/comet/pull/885) and [forum discussion](https://www.comp.xyz/t/add-rsweth-as-collateral-to-eth-market-on-mainnet/5308).
## Proposal Actions
The first proposal action adds rswETH asset as collateral with corresponding configurations.
The second action deploys and upgrades Comet to a new version.