Compound's new proposal introduces the stCOMP plan to eliminate the governance risks of goldCOMP

2024-07-30 10:38:57

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ChainCatcher news, the growth officer of the decentralized lending protocol Compound, Bryan Colligan, proposed a new staking scheme stCOMP after communicating with the whale Humpy. This scheme will proportionally distribute 30% of the market reserves generated by the protocol now and in the future to holders of staked COMP. The stCOMP product will be controlled by the Compound DAO and developed within the protocol team.

If proposal No. 289 (the goldCOMP governance proposal proposed by Humpy, which transfers $25 million worth of COMP tokens into its treasury) is not canceled before 11:59 AM Beijing time today, the team will proceed with the preventive treasury transfer process.

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