Proposals

Proposals

/

Proposal

Executed

Return Accidentally Sent Funds #4

Proposed by

User profile image

Arr00

Arr00

Proposal ID

369

Governor

Compound

Proposed

Nov 22nd, 2024

Result details
Final Votes

Quorum

796.89K of 400K

Majority support

Yes

For

796.89K

Against

0

Abstain

0

Actions

Type

Address

Details

Custom

0xc3d6...cdc3

withdrawReserves(..)

Custom

Account

0xc3d6...cdc3

Method

withdrawReserves(..)

Proposal

Following the precedent set in previous proposals, this proposal returns 90% of assets accidentally sent to cUSDCv3 on mainnet. In this TX the WBTC was sent to the protocol. Shortly after, it was automatically sold off for USDC by the protocol in this TX.

The net proceeds to the protocol were 64,927.72518 USDC, so 58,434.952662 USDC will be returned in this proposal. This USDC will be removed from the cUSDCv3 reserves and be sent to the accidental sender (0x14e3cb36fdc4427533d90eeFE32D0bc3aa0c5230).

Forum Discussion

Final Votes

Quorum

796.89K of 400K

Majority support

Yes

For

796.89K

Against

0

Abstain

0

Final Votes
Status

Fri Nov 22, 08:23 pm

Published onchain

User profile image

Arr00

Wed Nov 27, 06:37 pm

Voting period started

Sat Nov 30, 12:19 pm

Voting period ended

Wed Nov 27, 10:27 am

Proposal queued

Fri Nov 29, 10:29 am

Proposal executed