diff --git a/pep-0492.txt b/pep-0492.txt
index e02f3e67c..84afd9517 100644
--- a/pep-0492.txt
+++ b/pep-0492.txt
@@ -61,7 +61,7 @@ are still based on generators.
 
 It is strongly suggested that the reader understands how coroutines are
 implemented in Python (PEP 342 and PEP 380).  It is also recommended to read
-PEP 3156 (asyncio framework).
+PEP 3156 (asyncio framework) and PEP 3152 (Cofunctions).
 
 From this point in this document we use the word *coroutine* to refer to
 functions declared using the new syntax.  *generator-based coroutine* is used
@@ -659,6 +659,56 @@ The required changes are mainly:
 Design Considerations
 =====================
 
+PEP 3152
+--------
+
+PEP 3152 by Gregory Ewing proposes a different mechanism for coroutines
+(called "cofunctions").  Some key points:
+
+1. A new keyword ``codef`` to declare a *cofunction*.  *Cofunction* is always a
+   generator, even if there is no ``cocall`` expressions inside it.  Maps to
+   ``async def`` in this proposal.
+
+2. A new keyword ``cocall`` to call a *cofunction*.  Can only be used inside a
+   *cofunction*.  Maps to ``await`` in this proposal (with some differences,
+   see below.)
+
+3. It is not possible to call a *cofunction* without a ``cocall`` keyword.
+
+4. ``cocall`` grammatically requires parentheses after it::
+
+    atom: cocall | <existing alternatives for atom>
+    cocall: 'cocall' atom cotrailer* '(' [arglist] ')'
+    cotrailer: '[' subscriptlist ']' | '.' NAME
+
+5. ``cocall f(*args, **kwds)`` is semantically equivalent to
+   ``yield from f.__cocall__(*args, **kwds)``.
+
+Differences from this proposal:
+
+1. There is no equivalent of ``__cocall__`` in this PEP, which is called and
+   its result is passed to ``yield from`` in the ``cocall`` expression.
+   ``await`` keyword expects an *awaitable* object, validates the type, and
+   executes ``yield from`` on it.  Although, ``__await__`` method is similar to
+   ``__cocall__``, but is only used to define *Future-like* objects.
+
+2. ``await`` is defined in the same way as ``yield`` in the grammar (it is
+   later enforced that ``await`` can only be inside ``async def``).
+
+3. To make asyncio work with PEP 3152 it would be required to modify
+   ``@asyncio.coroutine`` decorator to wrap all functions in an object with a
+   ``__cocall__`` method.  To call *cofunctions* from existing generator-based
+   coroutines it would be required to use ``costart`` built-in.  In this
+   proposal ``@asyncio.coroutine`` simply sets ``CO_ASYNC`` on the wrapped
+   function's code object and everything works automatically.
+
+4. Since it is impossible to call a *cofunction* without a ``cocall`` keyword,
+   it automatically prevents the common mistake of forgetting to use
+   ``yield from`` on generator-based coroutines.
+
+5. There are no equivalents of ``async for`` and ``async with`` in PEP 3152.
+
+
 No implicit wrapping in Futures
 -------------------------------