0x070341aa…961bsent to0xc0da0293…6529·#20,421,481·view on Etherscan
createRetryableTicket(address,uint256,uint256,address,address,uint256,uint256,bytes)deployAndUpgradeTo(address,address)# Add rsETH as collateral into cWETHv3 on Arbitrum
## Proposal summary
Compound Growth Program [AlphaGrowth] proposes to add rsETH into cWETHv3 on Arbitrum network. This proposal takes the governance steps recommended and necessary to update a Compound III WETH market on Arbitrum. 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-rseth-as-collateral-on-arbitrum-and-wrseth-as-collateral-on-optimism-base-and-scroll/5445/3).
Further detailed information can be found on the corresponding [proposal pull request](https://github.com/compound-finance/comet/pull/896) and [forum discussion](https://www.comp.xyz/t/add-rseth-as-collateral-on-arbitrum-and-wrseth-as-collateral-on-optimism-base-and-scroll/5445).
## Price FeedFor LRT/LSTs we use exchange rate price feeds. We are going to use this exchange rate [price feed](https://arbiscan.io/address/0x8f1dF6D7F2db73eECE86a18b4381F4707b918FB1#readContract) by Chainlink. It has the wrong description `wrsETH / rsETH Exchange Rate`. However, we were assured, that it is the right price feed by the Chainlink team.
## Proposal Actions
The first proposal action adds rsETH to the WETH Comet on Arbitrum. This sends the encoded `addAsset` and `deployAndUpgradeTo` calls across the bridge to the governance receiver on Arbitrum.