Gauntlet faces opposition to $2.30 million contract renewal with Compound
2025-09-08 03:16:00
Crypto lending platform Compound Finance is facing opposition to the renewal of its $2.30 million contract with Gauntlet due to "poor economic performance" and "conflicts of interest". The renewal proposal comes after Alpha Growth founder and CEO Bryan Colligan suggested in a post to Compound's governance forum that Compound "should not re-hire Gauntlet under its current model". He made four main criticisms, accusing Gauntlet of "operational vulnerabilities" and failure to maintain profitable partnerships with other platforms, in addition to the aforementioned "poor economic performance" and "conflicts of interest" issues.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
Gauntlet与Compound的230万美元合约续签遭遇反对Next article：
Old Const对比特大陆提起诉讼，指控其不当终止双方合同
