0x13bdae8c…8548sent to0xc0da0293…6529·#21,287,692·view on Etherscan
# Add mETH as collateral into cUSDTv3 on Mainnet
## Proposal summary
Compound Growth Program [AlphaGrowth] proposes to add mETH into cUSDTv3 on Ethereum network. This proposal takes the governance steps recommended and necessary to update a Compound III USDT 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-meth-market-on-ethereum/5647/5).
Further detailed information can be found on the corresponding [proposal pull request](https://github.com/compound-finance/comet/pull/918) and [forum discussion](https://www.comp.xyz/t/add-meth-market-on-ethereum/5647).
## Proposal Actions
The first action adds mETH asset as collateral with corresponding configurations.
The second action deploys and upgrades Comet to a new version.