compoundSource: Compound governor oz · #449
[Gauntlet] - COMP Rewards Recommendation (Part-2)
executedJun 22, 2025, 08:41 PM UTCby680x683a…6c02
01Summary
AISummary by Kvorumclaude-haiku-4-5
Gauntlet recommends reducing COMP supply and borrow reward speeds across multiple Comet markets on Ethereum mainnet and L2s (Optimism, Base, Arbitrum) to optimize utilization and reduce COMP burn. Key reductions include mainnet WETH supply rewards from 35 to 20, wstETH supply from 6 to 3, and proportional reductions on L2 markets.
- Type
- parameter change
Key changes
- Mainnet WETH supply rewards reduced from 35 to 20 COMP(high)
- Mainnet wstETH supply rewards reduced from 6 to 3 COMP(medium)
- Mainnet wstETH borrow rewards reduced from 4 to 3 COMP(medium)
- Optimism WETH supply rewards reduced from 5 to 3 COMP(medium)
- Base WETH supply rewards reduced from 3 to 2 COMP(low)
- Base WETH borrow rewards reduced from 3 to 2 COMP(low)
- Arbitrum WETH supply rewards reduced from 6 to 3 COMP(medium)
Notable concerns
- Proposal aims to lower COMP burn through reduced reward speeds which may affect incentive structures across multiple chains
Contracts0xA17581A9E3356d9A858b789D68B4d866e593aE940x3D0bb1ccaB520A66e607822fC55BC921738fAFE30x316f9708bb98af7da9c68c1c3b5e79039cd336e30xe36a30d249f7761327fd973001a32010b521b6fd0x6f7d514bbd4aff3bcd1140b7344b32f063dee4860x46e6b214b524310239732d51387075e0e70970bf
Generated by Kvorum
model: claude-haiku-4-5
provider: anthropic
profile: anthropic-fast-v1
prompt: v1.0
generated: 2mo ago
02Description
204 words
[Gauntlet] - COMP Rewards Recommendation (Part-2)
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:
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
03Mismatch analysis
AIMismatch analysis by Kvorum
A calldata-vs-description analysis is not generated yet. Review the decoded actions →
04Actions
8 total
#0setBaseTrackingSupplySpeed(address,uint64)chain 0x1
- Target
- 0x316f…36e3
- Value
- 0 wei
- Function
- setBaseTrackingSupplySpeed(address,uint64)
- Arguments
{ "cometProxy": "0xA17581A9E3356d9A858b789D68B4d866e593aE94", "newBaseTrackingSupplySpeed": "231481481481" }- Calldata
#1deployAndUpgradeTo(address,address)chain 0x1
- Target
- 0x1ec6…8779
- Value
- 0 wei
- Function
- deployAndUpgradeTo(address,address)
- Arguments
{ "cometProxy": "0xA17581A9E3356d9A858b789D68B4d866e593aE94", "configuratorProxy": "0x316f9708bB98af7dA9c68C1C3b5e79039cD336E3" }- Calldata
#2setBaseTrackingSupplySpeed(address,uint64)chain 0x1
- Target
- 0x316f…36e3
- Value
- 0 wei
- Function
- setBaseTrackingSupplySpeed(address,uint64)
- Arguments
{ "cometProxy": "0x3D0bb1ccaB520A66e607822fC55BC921738fAFE3", "newBaseTrackingSupplySpeed": "34722222222" }- Calldata
#3setBaseTrackingBorrowSpeed(address,uint64)chain 0x1
- Target
- 0x316f…36e3
- Value
- 0 wei
- Function
- setBaseTrackingBorrowSpeed(address,uint64)
- Arguments
{ "cometProxy": "0x3D0bb1ccaB520A66e607822fC55BC921738fAFE3", "newBaseTrackingBorrowSpeed": "34722222222" }- Calldata
#4deployAndUpgradeTo(address,address)chain 0x1
- Target
- 0x1ec6…8779
- Value
- 0 wei
- Function
- deployAndUpgradeTo(address,address)
- Arguments
{ "cometProxy": "0x3D0bb1ccaB520A66e607822fC55BC921738fAFE3", "configuratorProxy": "0x316f9708bB98af7dA9c68C1C3b5e79039cD336E3" }- Calldata
#5sendMessage(address,bytes,uint32)chain 0x1
- Target
- 0x25ac…5fa1
- Value
- 0 wei
- Function
- sendMessage(address,bytes,uint32)
- Arguments
{ "_target": "0xC3a73A70d1577CD5B02da0bA91C0Afc8fA434DAF", "_message": "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", "_minGasLimit": "2500000" }- Calldata
#6createRetryableTicket(address,uint256,uint256,address,address,uint256,uint256,bytes)chain 0x1
- Target
- 0x4dbd…ab3f
- Value
- 1909688000000000 wei
- Function
- createRetryableTicket(address,uint256,uint256,address,address,uint256,uint256,bytes)
- Arguments
{ "to": "0x42480C37B249e33aABaf4c22B20235656bd38068", "data": "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", "gasLimit": "1108956", "l2CallValue": "0", "maxFeePerGas": "500000000", "maxSubmissionCost": "1355210000000000", "callValueRefundAddress": "0x3fB4d38ea7EC20D91917c09591490Eeda38Cf88A", "excessFeeRefundAddress": "0x3fB4d38ea7EC20D91917c09591490Eeda38Cf88A" }- Calldata
#7sendMessage(address,bytes,uint32)chain 0x1
- Target
- 0x866e…0afa
- Value
- 0 wei
- Function
- sendMessage(address,bytes,uint32)
- Arguments
{ "_target": "0x18281dfC4d00905DA1aaA6731414EABa843c468A", "_message": "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", "_minGasLimit": "5000000" }- Calldata
05Tally
Summed from votes
Against0.0%0.8
For100.0%578K
Abstain0.0%0
Voters38
VP participating578K
Outcome (current)For
Current support100%
06Voters
38 total
Filter:
| Voter | Choice | % of total | Rationale | ||
|---|---|---|---|---|---|
| 070x0703…961b | For | 80K | 13.84% | — | 1y ago |
| 130x13bd…8548 | For | 80K | 13.84% | — | 1y ago |
| 3F0x3fb1…4c8a | For | 80K | 13.84% | — | 1y ago |
| B40xb49f…7948 | For | 80K | 13.84% | — | 1y ago |
| 660x66cd…65f9 | For | 80K | 13.84% | — | 1y ago |
| 360x36cc…ffc6 | For | 77.1K | 13.33% | — | 1y ago |
| B30xb356…c826 | For | 50K | 8.65% | — | 1y ago |
| 050x0579…ca09 | For | 50K | 8.65% | — | 1y ago |
| CE0xce8a…8ca3 | For | 858 | 0.15% | — | 1y ago |
| C50xc554…7759 | For | 11.2 | 0.00% | — | 1y ago |
| B90xb933…8dd1 | For | 9.4 | 0.00% | — | 1y ago |
| E40xe459…e666 | For | 5.2 | 0.00% | — | 1y ago |
| 4A0x4a46…c1a6 | For | 3 | 0.00% | — | 1y ago |
| 210x21b3…fa75 | For | 2 | 0.00% | — | 1y ago |
| B70xb792…89d7 | For | 2 | 0.00% | — | 1y ago |
| 170x1729…b879 | For | 1 | 0.00% | — | 1y ago |
| 790x79b6…ca6b | Against | 0.7 | 0.00% | — | 1y ago |
| 2F0x2f2f…f78a | For | 0.5 | 0.00% | — | 1y ago |
| 1E0x1e65…a776 | For | 0.1 | 0.00% | — | 1y ago |
| C60xc6d7…bfb2 | For | 0.1 | 0.00% | — | 1y ago |
| 610x61ff…9630 | For | 0.1 | 0.00% | — | 1y ago |
| 250x2543…c807 | For | 0.1 | 0.00% | — | 1y ago |
| 560x5695…c581 | For | 0.1 | 0.00% | — | 1y ago |
| D80xd8de…ae41 | For | 0.1 | 0.00% | — | 1y ago |
| 9C0x9c78…470b | For | 0 | 0.00% | — | 1y ago |
| 470x47f3…e359 | For | 0 | 0.00% | — | 1y ago |
| 2A0x2a90…78a2 | Against | 0 | 0.00% | — | 1y ago |
| 7D0x7d55…b6f6 | Against | 0 | 0.00% | — | 1y ago |
| B60xb6f1…e807 | For | 0 | 0.00% | — | 1y ago |
| 630x639c…2fe9 | For | 0 | 0.00% | — | 1y ago |
| 9E0x9e41…3054 | For | 0 | 0.00% | — | 1y ago |
| 490x49a4…9023 | For | 0 | 0.00% | — | 1y ago |
| E20xe274…1542 | Abstain | 0 | 0.00% | — | 1y ago |
| 700x704b…7a63 | For | 0 | 0.00% | — | 1y ago |
| D30xd368…bb1a | For | 0 | 0.00% | — | 1y ago |
| 410x414c…64d0 | For | 0 | 0.00% | — | 1y ago |
| 2A0x2ad8…dbdc | For | 0 | 0.00% | — | 1y ago |
| 6F0x6f5c…7716 | For | 0 | 0.00% | — | 1y ago |
Showing 38
07Forum
- [Gauntlet] - COMP Rewards Recommendation (Part-2) ↗discourse · high confidence
AIForum synthesis by Kvorumclaude-haiku-4-5
sentiment · favorablethread · constructive
Arguments for
- The proposal reduces inefficient incentive spend by cutting 25 COMP/day (~$456k/yr savings) while maintaining competitive positioning across Comets.— Gauntlet
- Current WETH supply APYs remain elevated relative to market benchmarks and warrant reduction to align with prevailing market rates.— Gauntlet
- The supply-side elasticity analysis supports cutting rewards on Mainnet WETH, Optimism WETH, and Arbitrum WETH as they demonstrate responsiveness or low efficacy.— Gauntlet
- Maintaining stable borrow-side rewards while adjusting supply rewards helps drive utilization closer to kink and mitigates negative reserve growth.— Gauntlet
Arguments against
None surfaced.
Notable participants
- GauntletProposer of the COMP rewards reallocation based on elasticity analysis and market benchmark comparisons.
Generated by Kvorum
model: claude-haiku-4-5
provider: anthropic
profile: anthropic-fast-v1
prompt: v1.0
generated: 3mo ago
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