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Proposal

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[Gauntlet] Rewards Contract Top-Up for Ethereum and Base (11/26/24)

Proposed by

User profile image

0x4D80...Ef4B

0x4D80...Ef4B

Proposal ID

372

Governor

Compound

Proposed

Nov 26th, 2024

Result details
Final Votes

Quorum

371.26K of 400K

Majority support

Yes

For

371.26K

Against

72.73K

Abstain

80K

Actions

Type

Address

Details

Custom

0x3d98...Cd3B

_grantComp(..)

Custom

Account

0x3d98...Cd3B

Method

_grantComp(..)

Custom

0x3d98...Cd3B

_grantComp(..)

Custom

Account

0x3d98...Cd3B

Method

_grantComp(..)

Custom

0xc00e...6888

approve(..)

Custom

Account

0xc00e...6888

Method

approve(..)

Custom

0x3154...2C35

depositERC20To(..)

Custom

Account

0x3154...2C35

Method

depositERC20To(..)

Proposal

Simple Summary

Gauntlet recommends adding additional COMP to the reward contracts of Ethereum, Optimism and Arbitrum:

ChainReward Amount
Base4,950
Ethereum11,340

Analysis

Below is the projected runway in each chain’s rewards contract.

ChainRewards contract COMP token holdingsCurrent Daily COMP token reward distributionsRemaining days of runway (not including existing claimable rewards)
Polygon3,51823.0153
Optimism2,80227.0103
Ethereum28,625378.075
Base1,04755.019
Arbitrum15,762130.0121

For more details please see the full forum posts below:

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.

Final Votes

Quorum

371.26K of 400K

Majority support

Yes

For

371.26K

Against

72.73K

Abstain

80K

Final Votes
Status

Tue Nov 26, 10:29 pm

Published onchain

User profile image

0x4D80...Ef4B

Sun Dec 1, 08:15 pm

Voting period started

Wed Dec 4, 01:57 pm

Voting period ended

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