KVORUM
compoundSource: Compound governor bravo · #346

[Gauntlet] - Incentive Recommendations and Rewards Top Up (2024-10-8

canceledOct 16, 2024, 11:10 AM UTCby680x683a…6c02

01Summary

AISummary by Kvorumclaude-haiku-4-5

Gauntlet proposes to adjust COMP borrow rewards across three Ethereum Comet markets (reducing WETH borrow rewards on Ethereum, Arbitrum, and Base) and top up COMP tokens to reward contracts on Ethereum (28,400 COMP), Optimism (2,400 COMP), and Arbitrum (11,700 COMP).

Type
parameter change

Key changes

  • Reduce COMP borrow rewards for Ethereum WETH Comet from 20 to 15(medium)
  • Reduce COMP borrow rewards for Arbitrum WETH Comet from 15 to 10(medium)
  • Reduce COMP borrow rewards for Base WETH Comet from 2 to 1(low)
  • Top up Ethereum reward contract with 28,400 COMP(high)
  • Top up Arbitrum reward contract with 11,700 COMP(high)
  • Top up Optimism reward contract with 2,400 COMP(medium)

Notable concerns

  • Borrow reward reductions may impact user incentives to borrow WETH across multiple chains
  • Significant COMP distribution across multiple chains requires careful reward contract management
Contracts0x3d9819210a31b4961b30ef54be2aed79b9c9cd3b0xc00e94cb662c3520282e6f5717214004a7f268880x72ce9c846789fdb6fc1f34ac4ad25dd9ef7031ef0x866e82a600a1414e583f7f13623f1ac5d58b0afa0x99c9fc46f92e8a1c0dec1b1747d010903e884be1
Generated by Kvorum
model: claude-haiku-4-5
provider: anthropic
profile: anthropic-fast-v1
prompt: v1.0
generated: 2mo ago
Read the description ↗

02Description

173 words

[Gauntlet] - Incentive Recommendations and Rewards Top Up (2024-10-8

Gauntlet recommends the following incentive recommendations

CometCurrent COMP Supply RewardsRecommended COMP Supply RewardsCurrent COMP Borrow RewardsRecommended COMP Borrow Rewards
Ethereum WETH35No Change2015
Arbitrum WETH6No Change1510
Base WETH6No Change21

Along with topping up COMP to the reward contracts for the following chains:

ChainReward Amount
Ethereum28,400
Optimism2,400
Arbitrum11,700

For more details please see the full forum posts below:

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.

03Mismatch analysis

AIMismatch analysis by Kvorum

A calldata-vs-description analysis is not generated yet. Review the decoded actions →

04Actions

8 total
#0_grantComp(address,uint256)chain 0x1
Target
0x3d98…cd3b
Value
0 wei
Function
_grantComp(address,uint256)
Arguments
{
  "0": "0x1B0e765F6224C21223AeA2af16c1C46E38885a40",
  "1": "28400000000000000000000"
}
Calldata
#1_grantComp(address,uint256)chain 0x1
Target
0x3d98…cd3b
Value
0 wei
Function
_grantComp(address,uint256)
Arguments
{
  "0": "0x6d903f6003cca6255D85CcA4D3B5E5146dC33925",
  "1": "11700000000000000000000"
}
Calldata
#2approve(address,uint256)chain 0x1
Target
0xc00e…6888
Value
0 wei
Function
approve(address,uint256)
Arguments
{
  "0": "0xa3A7B6F88361F48403514059F1F16C8E78d60EeC",
  "1": "11700000000000000000000"
}
Calldata
#3outboundTransferCustomRefund(address,address,address,uint256,uint256,uint256,bytes)chain 0x1
Target
0x72ce…31ef
Value
1425336000000000 wei
Function
outboundTransferCustomRefund(address,address,address,uint256,uint256,uint256,bytes)
Arguments
{
  "0": "0xc00e94Cb662C3520282E6f5717214004A7f26888",
  "1": "0x3fB4d38ea7EC20D91917c09591490Eeda38Cf88A",
  "2": "0x88730d254A2f7e6AC8388c3198aFd694bA9f7fae",
  "3": "11700000000000000000000",
  "4": "1513052",
  "5": "500000000",
  "6": "0x000000000000000000000000000000000000000000000000000260477678e40000000000000000000000000000000000000000000000000000000000000000400000000000000000000000000000000000000000000000000000000000000000"
}
Calldata
#4sendMessage(address,bytes,uint32)chain 0x1
Target
0x866e…0afa
Value
0 wei
Function
sendMessage(address,bytes,uint32)
Arguments
{
  "0": "0x18281dfC4d00905DA1aaA6731414EABa843c468A",
  "1": "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",
  "2": "3000000"
}
Calldata
#5_grantComp(address,uint256)chain 0x1
Target
0x3d98…cd3b
Value
0 wei
Function
_grantComp(address,uint256)
Arguments
{
  "0": "0x6d903f6003cca6255D85CcA4D3B5E5146dC33925",
  "1": "2400000000000000000000"
}
Calldata
#6approve(address,uint256)chain 0x1
Target
0xc00e…6888
Value
0 wei
Function
approve(address,uint256)
Arguments
{
  "0": "0x99C9fc46f92E8a1c0deC1b1747d010903E884bE1",
  "1": "2400000000000000000000"
}
Calldata
#7depositERC20To(address,address,address,uint256,uint32,bytes)chain 0x1
Target
0x99c9…4be1
Value
0 wei
Function
depositERC20To(address,address,address,uint256,uint32,bytes)
Arguments
{
  "0": "0xc00e94Cb662C3520282E6f5717214004A7f26888",
  "1": "0x9e1028F5F1D5eDE59748FFceE5532509976840E0",
  "2": "0x443EA0340cb75a160F31A440722dec7b5bc3C2E9",
  "3": "2400000000000000000000",
  "4": "200000",
  "5": "0x"
}
Calldata

05Tally

Summed from votes

Voters11
VP participating374.7K
Outcome (current)For
Current support100%

06Voters

11 total
Filter:
VoterChoice% of totalRationale
B90xb933…8dd1For80K21.35%—2y ago
070x0703…961bFor80K21.35%—2y ago
3F0x3fb1…4c8aFor80K21.35%—2y ago
B40xb49f…7948For80K21.35%—2y ago
B30xb356…c826For54.7K14.60%—2y ago
210x21b3…fa75For20.00%—2y ago
170x1729…b879For10.00%—2y ago
C60xc61b…5657For0.10.00%—2y ago
950x95e8…a790For00.00%—2y ago
160x16b5…0be2For00.00%—2y ago
3C0x3cc6…485fFor00.00%—2y ago
Showing 11

07Forum

AIForum synthesis by Kvorumclaude-haiku-4-5
sentiment · favorablethread · constructive

Arguments for

  • Multiple chains (Ethereum, Optimism, Arbitrum) face depleted reward runway within 80 days, requiring a top-up to maintain incentive distributions.— Gauntlet

Arguments against

None surfaced.

Notable participants

  • GauntletProposal author recommending COMP reward top-ups across three chains based on runway analysis.
Generated by Kvorum
model: claude-haiku-4-5
provider: anthropic
profile: anthropic-fast-v1
prompt: v1.0
generated: 2mo ago
Open the thread ↗