Proposals

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Proposal

Executed

Update Price Feeds on Arbitrum for LSTs


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by

by

Woof

Woof

ID 305

ID 305

Compound

Compound

Proposed on: Aug 13th, 2024

Proposed on: Aug 13th, 2024

Votes

Actions

Type

Address

Details

Custom

createRetryableTicket(..)

Custom

Account

0x4Dbd...AB3f

Method

createRetryableTicket(..)

Proposal

Proposal summary

WOOF team suggests to update price feeds for LSTs on Arbitrum markets:

-	wstETH on WETH Arbitrum market from market rate to exchange rate
-	weETH on WETH Arbitrum market from market rate to exchange rate
-	wstETH on USDT Arbitrum market from market rate to exchange rate
-	wstETH on USDC Arbitrum market from market rate to exchange rate

Simulations have confirmed the market’s readiness, as much as possible, using the Comet scenario suite. Further detailed information can be found on the corresponding proposal pull request.

Proposal Actions

The proposal contains only 1 action on Mainnet - send message to arbitrum. There are 7 actions on the Arbitrum side: four first ones are update price feeds and three last actions make comet update to new version.

Votes
Status