Simple Summary

A proposal from Gauntlet to transfer 78,015 COMP (corresponding to 150 days of distribution) from the Comptroller to the Rewards contract for Compound III on the mainnet.

Motivation

COMP rewards ran out on the Compound III mainnet CometRewards contract, resulting in users being unable to claim their COMP rewards. Gauntlet proposes to top-up the rewards in order to allow users to continue claiming the rewards.

Specification

The proposal grants the mainnet CometRewards contract at 0x1B0e765F6224C21223AeA2af16c1C46E38885a40 an amount of 78,015 COMP tokens by using the _grantComp method on the Comptroller.

By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at gauntlet.network/tos.