Compound Governance Discussion Update

2 years ago
5

V3 USDC Comet: Risk Parameter Updates (Jan. 19, 2023)

This proposal aims to increase the supply cap of COMP on the USDC Comet market from 600,000 COMP to 900,000 COMP.

Protocol Contribution Policy

This proposal outlines a process for improving the development and evaluation of protocol contributions to the Compound protocol. The proposal defines a set of steps that contributions should go through, organized into five phases, to ensure community feedback and quality assurance measures are achieved before adoption.

The process aims to bring clarity to the process of contributing to the Compound protocol, minimize burden on contributors, and maximize traceability, transparency, and accessibility for the community. The five phases include Idea Review, Development Review, Community Review, External Review, and Final Review.

As always, if you have a stake in the DAO, check out the https://comp.xyz, and vote. The Protocol depends on it!

#Crypto #DeFi #NFT #Governance

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