This proposal includes Compound III users in the COMP Distribution, which is accomplished by re-allocating 161.42 COMP per day (14.17% of the total) from v2 markets. The total COMP Distribution is unchanged by this proposal.

• ETH borrowers: -35.31
• WBTC suppliers and borrowers: -70.63
• LINK suppliers and borrowers: -9.60
• UNI suppliers and borrowers: -9.60
• COMP suppliers: -16.42
• BAT suppliers and borrowers: -9.60
• ZRX suppliers and borrowers: -9.60
• Compound III USDC: +161.42

Lastly, 25,000 COMP are transferred from the Comptroller to the Compound III Rewards contract. Based on the parameters set earlier, this equals 154 days of distribution before governance would need to replenish or modify the distribution to Compound III users.

If successful, this proposal will take effect after Proposal 119 cures the Compound v2 price feed, and prior to the Merge.

Full proposal and forum discussion