Executed

[Gauntlet] - COMP Rewards Recommendation (Part-2)

Proposed by

Gauntlet

Proposal ID

449

Governor

Compound Governor

Proposed

Jun 18th, 2025

Quorum

577.95K of 400K

Majority support

Yes

For

577.95K

Against

0.75

Abstain

0.01

Actions

Type

Address

Details

Custom

Configurator

0x316f...36E3

setBaseTrackingSupplySpeed(..)

Custom

Account

Configurator

0x316f...36E3

Method

setBaseTrackingSupplySpeed(..)

Custom

CometProxyAdmin

0x1EC6...8779

deployAndUpgradeTo(..)

Custom

Account

CometProxyAdmin

0x1EC6...8779

Method

deployAndUpgradeTo(..)

Custom

Configurator

0x316f...36E3

setBaseTrackingSupplySpeed(..)

Custom

Account

Configurator

0x316f...36E3

Method

setBaseTrackingSupplySpeed(..)

Custom

Configurator

0x316f...36E3

setBaseTrackingBorrowSpeed(..)

Custom

Account

Configurator

0x316f...36E3

Method

setBaseTrackingBorrowSpeed(..)

Summary

Gauntlet would like to recommend adjustments to COMP rewards for both supply and borrow side across comets mentioned below.

Comet	Current COMP Supply Rewards	Recommended COMP Supply Rewards	Current COMP Borrow Rewards	Recommended COMP Borrow Rewards
Mainnet WETH	35	20	20	No Change
Mainnet wstETH	6	3	4	3
Optimism WETH	5	3	5	No Change
Base WETH	3	2	3	2
Arbitrum WETH	6	3	5	No Change

Motivation

This recommendation aims to adjust COMP rewards for various assets across multiple Comets. Gauntlet recommends to adjust COMP rewards to aide optimal utilization and lower COMP burn.

Full proposal and forum discussions can be found in the following posts:

[Gauntlet] - COMP Rewards Recommendations (Part - 2)

Specification

The proposal updates the parameters by using the respective methods on the Configurator.

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

Quorum

577.95K of 400K

Majority support

Yes

For

577.95K

Against

0.75

Abstain

0.01

Wed Jun 18, 06:28 am

Published onchain

Gauntlet

Sat Jun 21, 10:55 pm

Voting period started

Sun Jun 22, 04:35 pm

Voting period extended

Thu Jun 26, 12:33 pm

Voting period ended

Tue Jun 24, 07:56 pm

Proposal queued

Thu Jun 26, 08:00 pm

Proposal executed

[Gauntlet] - COMP Rewards Recommendation (Part-2)

Result details

Final Votes

Proposal

Summary

Motivation

Specification

Final Votes

Final Votes

Status