Executed

Incentive Cuts on Ethereum (Extension to proposal 553)


Proposal ID

554

Governor

Compound Governor

Proposed

Mar 20th, 2026

Result details
Final Votes

Quorum

824.97K of 400K

Majority support

Yes

For

824.97K

Against

0

Abstain

0

Actions

Type

Address

Details

Custom

Configurator

0x316f...36E3

setBaseTrackingSupplySpeed(..)

Custom

Account

Configurator

0x316f...36E3

Method

setBaseTrackingSupplySpeed(..)

Custom

Configurator

0x316f...36E3

setBaseTrackingBorrowSpeed(..)

Custom

Account

Configurator

0x316f...36E3

Method

setBaseTrackingBorrowSpeed(..)

Custom

CometProxyAdmin

0x1EC6...8779

deployAndUpgradeTo(..)

Custom

Account

CometProxyAdmin

0x1EC6...8779

Method

deployAndUpgradeTo(..)

Custom

Configurator

0x316f...36E3

setBaseTrackingSupplySpeed(..)

Custom

Account

Configurator

0x316f...36E3

Method

setBaseTrackingSupplySpeed(..)

Proposal

Simple Summary

Gauntlet recommends the following adjustments to COMP incentives on ethereum comets. This is an extension of the proposal that is proposed here. It had to be split into 2 proposals as the transaction limit is 16M gwei per proposal.

CometDaily Borrow Incentive(in COMP)Daily Supply Incentive(in COMP)
Ethereum USDS5 → 013 → 0
Ethereum WBTC01 → 0

Motivation

Full proposal and forum discussions can be found in the following post.

Final Votes

Quorum

824.97K of 400K

Majority support

Yes

For

824.97K

Against

0

Abstain

0

Final Votes
Status

Fri Mar 20, 04:41 pm

Published onchain

Sun Mar 22, 01:08 pm

Voting period started

Tue Mar 24, 05:54 am

Voting period extended

Thu Mar 26, 06:10 am

Voting period ended

Thu Mar 26, 06:09 am

Proposal queued

Sat Mar 28, 06:13 am

Proposal executed