0x4d57f3c4…093esent to0x309a862b…c8c0·#22,832,674·view on Etherscan
# Add wOETH as collaterals into cWETHv3 on Mainnet
## Proposal summary
WOOF! proposes to add wOETH 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-woeth-market-on-ethereum/5351/4).
Further detailed information can be found on the corresponding [proposal pull request](https://github.com/compound-finance/comet/pull/988) and [forum discussion](https://www.comp.xyz/t/add-woeth-market-on-ethereum/5351).
## Proposal Actions
The first proposal action adds wOETH asset as collateral with corresponding configurations.
The second action deploys and upgrades Comet to a new version.