Compound new proposal proposes stCOMP solution to eliminate governance risk of goldCOMP
2024-07-30 02:37:42
On July 30th, Bryan Colligan, the growth officer of the decentralized lending protocol Compound, proposed a new staking scheme stCOMP after communicating with the whale Humpy. 30% of the market reserves generated by the protocol now and in the future will be allocated proportionally to the holders of staked COMP. The stCOMP product will be controlled by the Compound DAO and developed within the protocol team. If Proposition 289 (the goldCOMP governance proposal proposed by Humpy to transfer $25 million of COMP tokens to its vault) is not cancelled before 11:59 Beijing time today, the team will move forward with the preventive vault transfer process.
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