KVORUM
compoundSource: Compound governor oz · #553

Incentive Cuts on Ethereum,Linea, Optimism and Unichain

executedMar 25, 2026, 05:28 AM UTCby680x683a…6c02

01Summary

AISummary by Kvorumclaude-haiku-4-5

Gauntlet proposes cutting COMP incentives to zero across multiple Comet markets on Ethereum, Linea, Optimism, and Unichain. This includes eliminating borrow incentives on Ethereum wstETH (3 COMP daily), Linea USDC and WETH, Optimism USDC/USDT/WETH, and Unichain USDC/WETH, plus eliminating supply incentives on several Linea and Optimism markets. This is part of a strategic realignment with a follow-up proposal expected for reallocation.

Type
parameter change

Key changes

  • Ethereum wstETH Comet: daily borrow incentive reduced from 3 COMP to 0(high)
  • Linea USDC Comet: daily borrow incentive reduced from 3 COMP to 0, daily supply incentive reduced from 4 COMP to 0(high)
  • Linea WETH Comet: daily borrow incentive reduced from 4 COMP to 0, daily supply incentive reduced from 6 COMP to 0(high)
  • Optimism USDC Comet: daily borrow incentive reduced from 4 COMP to 0, daily supply incentive reduced from 3 COMP to 0(high)
  • Optimism USDT Comet: daily borrow incentive reduced from 5 COMP to 0, daily supply incentive reduced from 5 COMP to 0(high)
  • Optimism WETH Comet: daily borrow incentive reduced from 1 COMP to 0, daily supply incentive reduced from 1 COMP to 0(medium)
  • Unichain USDC Comet: daily borrow incentive reduced from 1 COMP to 0, daily supply incentive reduced from 1 COMP to 0(medium)
  • Unichain WETH Comet: daily borrow incentive reduced from 8 COMP to 0, daily supply incentive reduced from 12 COMP to 0(high)

Notable concerns

  • This proposal eliminates all incentives on affected markets, which may reduce user participation and liquidity
  • The reallocation of these incentives across Mainnet Comets will be determined in a follow-up proposal, creating uncertainty about future incentive distribution
  • Total daily COMP incentive reduction amounts to approximately 56 COMP across all affected markets
Contracts0x3D0bb1ccaB520A66e607822fC55BC921738fAFE30x8d38a3d6b3c3b7d96d6536da7eef94a9d7dbc990x970ffd8e335b8fa4cd5c869c7cac3a90671d5dc30x4b5dee60531a72c1264319ec6a22678a4d0c81180x2e44e174f7d53f0212823acc11c01a11d58c5bcb0x84e93ec6170ed630f5ebd89a1aae72d4f63f27130x24d86da09c4dd64e50db7501b0f695d030f397af0x995e394b8b2437ac8ce61ee0bc610d617962b2140xe36a30d249f7761327fd973001a32010b521b6fd0x8df378453ff9deffa513367cdf9b3b53726303e90xaeb318360f27748acb200ce616e389a6c9409a070x2c7118c4c88b9841fcf839074c26ae8f035f29210x6c987dde50db1dcdd32cd4175778c2a291978e2a
Generated by Kvorum
model: claude-haiku-4-5
provider: anthropic
profile: anthropic-fast-v1
prompt: v1.0
generated: 2mo ago
Read the description ↗

02Description

245 words

Incentive Cuts on Ethereum,Linea, Optimism and Unichain

Simple Summary

Gauntlet recommends the following adjustments to COMP incentives across comets. These adjustments are part of a larger strategic realignment to focus incentives on strategic comets. Gauntlet will provide a follow-up proposal in the following weeks proposing an optimal reallocation of these incentives across Mainnet comets.This proposal is the second part of the incentive cuts proposed by Gauntlet and they are as follows.

CometDaily Borrow Incentive(in COMP)Daily Supply Incentive(in COMP)
Ethereum wstETH3 → 00
Linea USDC3 → 04 → 0
Linea WETH4 → 06 → 0
Optimism USDC4 → 03 → 0
Optimism USDT5 → 05 → 0
Optimism WETH1 → 01 → 0
Unichain USDC1 → 01 → 0
Unichain WETH8 → 012 → 0

Motivation

Full proposal and forum discussions can be found in the following post.

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.xyz/tos

03Mismatch analysis

AIMismatch analysis by Kvorumclaude-sonnet-5
Consistent

The proposal claims incentive cuts (borrow and/or supply speeds set to 0) across 8 comets spanning Ethereum, Linea, Optimism, and Unichain. The decoded calldata consists of 5 actions: a direct setBaseTrackingBorrowSpeed(0) + deployAndUpgradeTo pair for the single Ethereum comet (wstETH, whose supply speed is already 0 per the table, explaining why only borrow is touched on L1), and three cross-chain sendMessage calls to L2 bridge contracts. Each cross-chain message's ABI-encoded payload contains repeated triples of setBaseTrackingSupplySpeed / setBaseTrackingBorrowSpeed / deployAndUpgradeTo calls, and the count of triples in each message (2 for action 2, 3 for action 3, 2 for action 4) exactly matches the number of comets listed per chain in the table (Linea: 2, Optimism: 3, Unichain: 2). The embedded speed arguments are encoded as zero in all cases, consistent with the description's '→ 0' targets. The deployAndUpgradeTo calls are routine activation steps for Configurator changes and are reasonably omitted from the prose as boilerplate. No target mismatches, no extra or missing comets, and no value mismatches were found. Confidence is high because the action counts and structure line up precisely with the table, even though the raw calldata doesn't allow line-by-line mapping of comet addresses to human-readable chain/asset names.}

Generated by Kvorum
model: claude-sonnet-5
provider: anthropic
profile: anthropic-strong-v1
prompt: v1.0
generated: 2mo ago
Review the decoded actions ↗

04Actions

5 total
#0setBaseTrackingBorrowSpeed(address,uint64)chain 0x1
Target
0x316f…36e3
Value
0 wei
Function
setBaseTrackingBorrowSpeed(address,uint64)
Arguments
{
  "cometProxy": "0x3D0bb1ccaB520A66e607822fC55BC921738fAFE3",
  "newBaseTrackingBorrowSpeed": "0"
}
Calldata
#1deployAndUpgradeTo(address,address)chain 0x1
Target
0x1ec6…8779
Value
0 wei
Function
deployAndUpgradeTo(address,address)
Arguments
{
  "cometProxy": "0x3D0bb1ccaB520A66e607822fC55BC921738fAFE3",
  "configuratorProxy": "0x316f9708bB98af7dA9c68C1C3b5e79039cD336E3"
}
Calldata
#2sendMessage(address,uint256,bytes)chain 0x1
Target
0xd19d…876f
Value
0 wei
Function
sendMessage(address,uint256,bytes)
Arguments
{
  "_to": "0x1F71901daf98d70B4BAF40DE080321e5C2676856",
  "_fee": "0",
  "_calldata": "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"
}
Calldata
#3sendMessage(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
#4sendMessage(address,bytes,uint32)chain 0x1
Target
0x9a3d…98a6
Value
0 wei
Function
sendMessage(address,bytes,uint32)
Arguments
{
  "_target": "0x4b5DeE60531a72C1264319Ec6A22678a4D0C8118",
  "_message": "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",
  "_minGasLimit": "2500000"
}
Calldata

05Tally

Summed from votes

Voters0
VP participating0
Outcome (current)—
Current support—

06Voters

0 total

No votes recorded yet.

07Forum

No forum thread is confidently linked to this proposal.