Proposals

Proposals

/

Proposal

Executed

USDT Reserve Reallocation

Proposed by

User profile image

Gauntlet

Gauntlet

Proposal ID

492

Governor

Compound Governor

Proposed

Nov 7th, 2025

Result details
Final Votes

Quorum

575.18K of 400K

Majority support

Yes

For

575.18K

Against

0.06

Abstain

0.02

Actions

Type

Address

Details

Custom

0xf650...dCC9

_reduceReserves(..)

Custom

Account

0xf650...dCC9

Method

_reduceReserves(..)

Custom

0xdAC1...1ec7

transfer(..)

Custom

Account

0xdAC1...1ec7

Method

transfer(..)

Proposal

Simple Summary

A proposal to transfer 5M USDT from Compound V2 reserves to Compound V3 Comet reserves.

Motivation

Full proposals and forum discussions can be found in this forum post.

Specification

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

Final Votes

Quorum

575.18K of 400K

Majority support

Yes

For

575.18K

Against

0.06

Abstain

0.02

Final Votes
Status

Fri Nov 7, 02:02 am

Published onchain

User profile image

Gauntlet

Sun Nov 9, 07:30 pm

Voting period started

Wed Nov 12, 01:12 pm

Voting period ended

Tue Nov 11, 04:22 pm

Proposal queued

Thu Nov 13, 04:23 pm

Proposal executed