boardroom-inc-protocol-Info/protocols/compound/resources/Gov Weekly/Week 11 2021 17-03-21.md

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Governance Update

Live Votes

Recent Votes

Name Category Link
Legacy market migration: WBTC Development View

Proposal 41 begins the process of migrating the legacy, immutable cToken contracts to newer, upgradable cToken contracts, starting with the WBTC market. No immediate action is required from current cWBTC holders, however, the COMP distribution will be redirected to the new WBTC market to incentivize users to migrate over at their own pace. Integrated applications should plan for a second WBTC market.

Name Category Link
Compound Grants Program Treasury View

Proposal 40 distributed 5k COMP to the Compound Grants Committee multi-sig, officially kicking off the start of the 6-month pilot program. The committee, led by Larry Sukernik, will prioritize funding for protocol development, code audits, third-party integrations, and advertising, and will also support hackathons, events, and miscellaneous bounties.

Discussions

Name Category Link
Retroactive Grants to Contributors Treasury View

Leighton Cusack asks the community to help organize a list of Compound contributors who should be retroactively be compensated by the newly formed grants committee.

Name Category Link
Governor Bravo Proposal Development View

Arr00 recently created a Compound Autonomous Proposal entitled "Migration to Governor Bravo", which would transfer Compound governance to the new Governor Bravo contract. Bravo will improve upon the Governor Alpha by allowing the community to tweak individual governance parameters, like custom voting periods and delays.

Name Category Link
Oracle Infrastructure: Chainlink Proposal Development View

Johann Eid, the Head of Integrations for Chainlink Labs, provides next steps for how the Compound community can evaluate using Chainlink for the protocols price feeds.