Compound passes proposals 238 and 239: Compound III is planned to be deployed on the Optimism network

According to information released by Compound Governance on the According to Proposal 238, the Compound Growth Program [AlphaGrowth] intends to deploy Compound II to the Optimism network, and it is recommended to take necessary governance steps to initialize Compound III’s USDC market on Optimism. After execution, cUSDCv3 will be available for use; according to Proposal 239, Compound III WETH The IR Curve parameters will be adjusted, mainly including: 1. The annual borrowing rate benchmark is adjusted from 0.005 to 0.01; 2. The annual borrowing rate low slope is adjusted from 0.030 to 0.014; 3. Borrowing Kink is adjusted from 0.9 to 0.85; 4. The annual borrowing rate The interest rate slope is adjusted from 1.0 to 0.53; 5. The annual supply rate base remains unchanged; 6. The annual supply rate slope is adjusted from 0.023 to 0.0185; 7. The supply Kink is adjusted from 0.9 to 0.85; 8. The annual supply rate slope is adjusted from 0.023 to 0.0185. 1.0 adjusted to 0.45.