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Transaction Details

Transaction Hash:
0xb8 cddc0a0074e4bdab26e760f57865d54d7092bf49e54bb31e9ff07bcced 00e8
Status:
Success
Block:
19614407 Finalized
Timestamp:
2024-04-09 00:06:23 +0000 UTC
From:
0x3FB197…2d4C8A
pgov.eth
Interacted With:
0xc0Da02…B66529
Contract
Value:
0 ETH 0.00 ETH
Transaction Fee:
0.07047118 ETH 0.07 ETH
Effective Gas Price:
17.61647461 GWei
Execution Stats:
Used 4000300 out of 4066133 Gas (98%)
Gas Fees:
Base Block Fee: 17.60673639 GWei | Max Overall Fee: 26.29009167 GWei | Max Priority Fee: 0.00973822 GWei
Attributes:
Txn Type: 2 (EIP-1559)
Nonce: 96
Block Position: 59
Call Data:
Address:
0xc0Da02…B66529
Name:
ProposalCreated(uint256 id, address proposer, address[] targets, uint256[] values, string[] signatures, bytes[] calldatas, uint256 startBlock, uint256 endBlock, string description)
Topics:
0 0x7d84a6263ae0d98d3329bd7b46bb4e8d6f98cd35a7adb45c274c8b7fd5ebd5e0
Data (Decoded):
calldatas bytes[]
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description string
# Initialize cUSDCv3 on Optimism ## Proposal summary Compound Growth Program [AlphaGrowth] proposes deployment of Compound III to Optimism network. This proposal takes the governance steps recommended and necessary to initialize a Compound III USDC market on Optimism; upon execution, cUSDCv3 will be ready for use. 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/deploy-compound-iii-on-optimism/4975/6). Further detailed information can be found on the corresponding [deployment pull request](https://github.com/compound-finance/comet/pull/838), [proposal pull request](https://github.com/compound-finance/comet/pull/842), [deploy market GitHub action run](https://github.com/dmitriy-bergman-works/comet-optimism/actions/runs/8581592608) and [forum discussion](https://www.comp.xyz/t/deploy-compound-iii-on-optimism/4975). ## Proposal Actions The first proposal action sets the Comet configuration and deploys a new Comet implementation on Optimism. This sends the encoded `setConfiguration` and `deployAndUpgradeTo` calls across the bridge to the governance receiver on Optimism. It also calls `setRewardConfig` on the Optimism rewards contract, to establish Optimism’s bridged version of COMP as the reward token for the deployment and set the initial supply speed to be 5 COMP/day and borrow speed to be 5 COMP/day. The second action approves Circle’s Cross-Chain Transfer Protocol (CCTP) [TokenMessenger](https://etherscan.io/address/0xbd3fa81b58ba92a82136038b25adec7066af3155) to take the Timelock's USDC on Mainnet, in order to seed the market reserves through the CCTP. The third action deposits and burns 10K USDC from mainnet via depositForBurn function on CCTP’s TokenMessenger contract to mint native USDC to Comet on Optimism. The fourth action approves Optimism’s [L1StandardBridge](https://etherscan.io/address/0x99C9fc46f92E8a1c0deC1b1747d010903E884bE1) to take Timelock's COMP, in order to seed the rewards contract through the bridge. The fifth action deposits 3.6K COMP from mainnet to the Optimism L1StandardBridge contract to bridge to CometRewards. The sixth action updates the ENS TXT record `v3-official-markets` on `v3-additional-grants.compound-community-licenses.eth`, updating the official markets JSON to include the new Optimism cUSDCv3 market
endBlock uint256
19647257
id uint256
238
proposer address
0x3FB197…2d4C8A
signatures string[]
[sendMessage(address,bytes,uint32) approve(address,uint256) depositForBurn(uint256,uint32,bytes32,address) approve(address,uint256) depositERC20To(address,address,address,uint256,uint32,bytes) setText(bytes32,string,string)]
startBlock uint256
19627547
targets address[]
[0x25ace71c97B33Cc4729CF772ae268934F7ab5fA1 0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48 0xBd3fa81B58Ba92a82136038B25aDec7066af3155 0xc00e94Cb662C3520282E6f5717214004A7f26888 0x99C9fc46f92E8a1c0deC1b1747d010903E884bE1 0x4976fb03C32e5B8cfe2b6cCB31c09Ba78EBaBa41]
values uint256[]
[0 0 0 0 0 0]
Data (Hex):