KVORUM
compoundSource: Compound governor bravo · #356

[Gauntlet] - Incentive Recommendations and Rewards Top Up (2024-10-24)

executedNov 2, 2024, 04:01 PM UTCby7B0x7b3c…cc33

01Summary

AISummary by Kvorumclaude-haiku-4-5

Gauntlet proposes adjusting COMP incentive rewards across multiple Comet markets and topping up reward contracts with 28,400 COMP (Ethereum), 2,400 COMP (Optimism), and 11,700 COMP (Arbitrum). Specific changes include reducing WETH borrow rewards on Ethereum from 20 to 15, on Arbitrum from 15 to 10, and on Base from 2 to 1, while keeping supply rewards unchanged.

Type
parameter change

Key changes

  • Reduce WETH borrow rewards on Ethereum from 20 to 15 COMP(medium)
  • Reduce WETH borrow rewards on Arbitrum from 15 to 10 COMP(medium)
  • Reduce WETH borrow rewards on Base from 2 to 1 COMP(low)
  • Keep WETH supply rewards unchanged across Ethereum, Arbitrum, and Base(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 borrower incentives
  • Proposal grants Gauntlet authority over protocol parameters subject to their terms of service
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 (2024-10-24)

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
947268500000000 wei
Function
outboundTransferCustomRefund(address,address,address,uint256,uint256,uint256,bytes)
Arguments
{
  "0": "0xc00e94Cb662C3520282E6f5717214004A7f26888",
  "1": "0x3fB4d38ea7EC20D91917c09591490Eeda38Cf88A",
  "2": "0x88730d254A2f7e6AC8388c3198aFd694bA9f7fae",
  "3": "11700000000000000000000",
  "4": "556917",
  "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": "0x7e7d4467112689329f7E06571eD0E8CbAd4910eE",
  "2": "0x443EA0340cb75a160F31A440722dec7b5bc3C2E9",
  "3": "2400000000000000000000",
  "4": "200000",
  "5": "0x"
}
Calldata

05Tally

Summed from votes

Voters0
VP participating0
Outcome (current)—
Current support—

06Voters

0 total

No votes recorded yet.

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 ↗