Seed-deposit requirement for new market listing
Compound V3 (Comet)'s assessment for RD-F-071 — scored yellow on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
No coded seed deposit requirement in Comet initialization. New markets require full governance proposals (DAO vote + 2-day Timelock). Governance gate is the functional barrier. V2-style empty-market attack not applicable to Comet architecture.
Detail #
Comet configuration.json has no seedDeposit field. New Comet deployments require GovernorBravo proposals (100k COMP threshold, 400k quorum, 3-day voting, 2-day Timelock). New collateral additions to existing markets also require governance votes. The DAO vote is the gate; there is no code-enforced minimum seed deposit at market initialization. Yellow (not green) because the template defines green as 'seed deposit required (≥ configured floor) before borrow-enable' — a code-enforced mechanism — which is absent. The V2-style attack risk is not applicable here per RD-F-070, but the procedural gap is noted.
Sources #
- GitHubcUSDCv3 deployment configurationdeployments/mainnet/usdc/configuration.json — no seedDeposit field; supply caps set to 0retrieved 2026-04-27
- Compound governance documentationdocs.compound.finance/governance — full DAO vote required for new market deploymentsretrieved 2026-04-27
Methodology #
Determine whether market-listing governance or code requires a minimum seed deposit before borrow-enabling a new market.
See the full factor methodology and distribution across all protocols →