[Gauntlet] Rewards Contract Top-Up for BASE, Ethereum, and Arbitrum (06/03/24)
01Summary
Gauntlet proposes adding 28,000 COMP to Ethereum, 3,600 COMP to Base, and 2,250 COMP to Arbitrum reward contracts. The on-chain actions grant COMP tokens to reward contract addresses and facilitate cross-chain transfers via bridge protocols.
- Type
- treasury allocation
Key changes
- Grant 28,000 COMP to Ethereum reward contract(high)
- Grant 3,600 COMP to Base reward contract via bridge deposit(medium)
- Grant 2,250 COMP to Arbitrum reward contract via cross-chain transfer(medium)
Generated by Kvorum
02Description
[Gauntlet] Rewards Contract Top-Up for BASE, Ethereum, and Arbitrum (06/03/24)
Simple Summary
Gauntlet recommends adding COMP to the reward contracts of Base, Ethereum, and Arbitrum:
| Chain | Reward Amount |
|---|---|
| Ethereum | 28,000 |
| Base | 3,600 |
| Arbitrum | 2,250 |
For more details, see the full forum post here.
<sub> 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. </sub>
03Mismatch analysis
The description states three COMP grants: 28,000 to Ethereum, 3,600 to Base, and 2,250 to Arbitrum. The decoded calldata shows exactly these amounts: action 0 grants 28,000 COMP directly to the Ethereum Comet rewards contract; actions 1-3 grant 3,600 COMP to an intermediary, approve it, and bridge it via depositERC20To to Base; actions 4-6 grant 2,250 COMP to an intermediary, approve it, and bridge it via outboundTransferCustomRefund to Arbitrum. All amounts match exactly after unit conversion (18 decimals). The multi-step bridging pattern (grant -> approve -> bridge) is standard mechanics for moving COMP cross-chain to fund L2 reward contracts and is reasonably summarized by the description as a single 'top-up' action per chain — this is legitimate summarization, not an omission worth flagging. The small ETH value (~0.001 ETH) attached to the Arbitrum bridge call is a standard L2 gas/execution fee for the bridge and does not represent a value discrepancy. No target, value, or direction mismatches were found. Overall the description accurately and completely reflects the on-chain actions.
Generated by Kvorum
04Actions
- Target
- 0x3d98…cd3b
- Value
- 0 wei
- Function
- _grantComp(address,uint256)
- Arguments
{ "0": "0x1B0e765F6224C21223AeA2af16c1C46E38885a40", "1": "28000000000000000000000" }- Calldata
- Target
- 0x3d98…cd3b
- Value
- 0 wei
- Function
- _grantComp(address,uint256)
- Arguments
{ "0": "0x6d903f6003cca6255D85CcA4D3B5E5146dC33925", "1": "3600000000000000000000" }- Calldata
- Target
- 0xc00e…6888
- Value
- 0 wei
- Function
- approve(address,uint256)
- Arguments
{ "0": "0x3154Cf16ccdb4C6d922629664174b904d80F2C35", "1": "3600000000000000000000" }- Calldata
- Target
- 0x3154…2c35
- Value
- 0 wei
- Function
- depositERC20To(address,address,address,uint256,uint32,bytes)
- Arguments
{ "0": "0xc00e94Cb662C3520282E6f5717214004A7f26888", "1": "0x9e1028F5F1D5eDE59748FFceE5532509976840E0", "2": "0x123964802e6ABabBE1Bc9547D72Ef1B69B00A6b1", "3": "3600000000000000000000", "4": "200000", "5": "0x" }- Calldata
- Target
- 0x3d98…cd3b
- Value
- 0 wei
- Function
- _grantComp(address,uint256)
- Arguments
{ "0": "0x6d903f6003cca6255D85CcA4D3B5E5146dC33925", "1": "2250000000000000000000" }- Calldata
- Target
- 0xc00e…6888
- Value
- 0 wei
- Function
- approve(address,uint256)
- Arguments
{ "0": "0xa3A7B6F88361F48403514059F1F16C8E78d60EeC", "1": "2250000000000000000000" }- Calldata
- Target
- 0x72ce…31ef
- Value
- 1000775000000000 wei
- Function
- outboundTransferCustomRefund(address,address,address,uint256,uint256,uint256,bytes)
- Arguments
{ "0": "0xc00e94Cb662C3520282E6f5717214004A7f26888", "1": "0x3fB4d38ea7EC20D91917c09591490Eeda38Cf88A", "2": "0x88730d254A2f7e6AC8388c3198aFd694bA9f7fae", "3": "2250000000000000000000", "4": "663930", "5": "500000000", "6": "0x000000000000000000000000000000000000000000000000000260477678e40000000000000000000000000000000000000000000000000000000000000000400000000000000000000000000000000000000000000000000000000000000000" }- Calldata
05Tally
Summed from votes
06Voters
| Voter | Choice | % of total | Rationale | ||
|---|---|---|---|---|---|
| B90xb933…8dd1 | For | 54.1K | 0.00% | — | 2y ago |
| 680x683a…6c02 | For | 50.1K | 0.00% | — | 2y ago |
| 7A0x7ae1…e585 | For | 50K | 0.00% | — | 2y ago |
| B40xb49f…7948 | For | 50K | 0.00% | — | 2y ago |
| ED0xed11…bb04 | For | 50K | 0.00% | — | 2y ago |
| 070x0703…961b | For | 50K | 0.00% | — | 2y ago |
| 130x13bd…8548 | For | 50K | 0.00% | — | 2y ago |
| 7B0x7b3c…cc33 | For | 50K | 0.00% | — | 2y ago |
| DC0xdc1f…e432 | For | 50K | 0.00% | — | 2y ago |
| 2B0x2b38…bf33 | For | 32.5K | 0.00% | — | 2y ago |
| 3F0x3fb1…4c8a | For | 25.6K | 0.00% | — | 2y ago |
| B30xb356…c826 | For | 3.3K | 0.00% | — | 2y ago |
| 660x66cd…65f9 | For | 481.8 | 0.00% | — | 2y ago |
| F00xf0f2…f949 | For | 124.3 | 0.00% | — | 2y ago |
| E40xe459…e666 | For | 5.2 | 0.00% | — | 2y ago |
| 050x0579…ca09 | For | 1 | 0.00% | — | 2y ago |
| E30xe35d…a831 | Against | 0.5 | 0.00% | — | 2y ago |
| 2F0x2f2f…f78a | For | 0.5 | 0.00% | — | 2y ago |
| 140x1402…d132 | For | 0.1 | 0.00% | — | 2y ago |
| 950x95f6…2c83 | For | 0.1 | 0.00% | — | 2y ago |
| D80xd8de…ae41 | For | 0.1 | 0.00% | — | 2y ago |
| 6A0x6aff…5c8b | Against | 0 | 0.00% | — | 2y ago |
| 3E0x3e4a…e9ec | For | 0 | 0.00% | — | 2y ago |
07Forum
- [Gauntlet] Rewards Contract Top-Up for BASE, Ethereum, and Arbitrum (05/24/24) ↗discourse · high confidence
Arguments for
- Three chains (Ethereum, Base, Arbitrum) face imminent reward contract depletion within 70-75 days and require top-up to maintain distributions for another 3 months.— Gauntlet
Arguments against
None surfaced.
Notable participants
- GauntletProposer recommending COMP rewards contract top-ups for three chains based on runway analysis.
Generated by Kvorum
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