Proposals

Proposals

/

Proposal

Executed

Compound <> Morpho <> Polygon Collaboration

User profile image

by

by

Gauntlet

Gauntlet

ID 413

ID 413

Compound Governor

Compound Governor

Proposed on: Mar 4th, 2025

Proposed on: Mar 4th, 2025

Votes

Actions

Type

Address

Details

Custom

0x3d98...Cd3B

_grantComp(..)

Custom

Account

0x3d98...Cd3B

Method

_grantComp(..)

Custom

0xc00e...6888

approve(..)

Custom

Account

0xc00e...6888

Method

approve(..)

Custom

0xA0c6...7C77

depositFor(..)

Custom

Account

0xA0c6...7C77

Method

depositFor(..)

Custom

Bridge to Polygon

0xfe5e...89a2

sendMessageToChild(..)

Custom

Account

Bridge to Polygon

0xfe5e...89a2

Method

sendMessageToChild(..)

Proposal

Summary

A proposal to launch Morpho-powered lending vaults on Polygon. This collaboration would give Compound improved risk controls, faster asset listings, and a path towards sustainability.

Forum post here.

Specification

  1. Grant COMP. This call transfers 25,565 COMP from Compound's Unitroller to Compound's Timelock on Ethereum mainnet.
  2. Approve Bridge Spend. This call approves the Polygon's ERC-20 bridge contract to spend the 25,565 COMP tokens from the Ethereum mainnet.
  3. Transfer COMP to Multisig. This call moves the 25,565 COMP tokens from the Ethereum mainnet to the multisig wallet on Polygon. Multisig address is 0x82f25d3314Ff32F4E8C9D1608fbAB7fC78559e33.
  4. Accept Ownership of Morpho Vaults. The 4 vaults are USDC, WETH, USDT, and WPOL.

By approving this proposal, you agree that any services provided by Gauntlet shall be governed by the terms of service available at https://www.gauntlet.xyz/tos and https://storage.googleapis.com/gauntlet-public-web-assets/Gauntlet_New_Partnership_Disclaimer.pdf.

Votes
Status