Hey folks, the last few weeks were very important for the Compound Growth program in terms of expanding relations with partner Chains. We have applied for 3 grants for Compound. 2 applications to the OP grants council and 1 application to Arbitrum DAO. Additionally, we’ve shared a few Growth program updates.
Deployments
- OP Deployment:
- Including wstETH as collateral in the USDC markets was causing issues, so the asset was remove from the scope and the Code was resent for Audits. Estimated Audit completion by Friday April 5th.
- USDT Mainnet:
- The audit recommended changes, on which the team is currently working. The code will be reaudited and sent for a vote, pending a greenlit audit. Estimated re-submission unknown.
- USDT ARB:
- awaiting Audit
- Rewards Contract Upgrade:
- Coding started. Estimated Coding completion by April 5th, after which the code will be sent to audit
Grants
- Arbitrum LTIPP Grant: 1.8M Arb requested (~$3M) Application
- Optimism Growth Grant: 210K OP ($756K) Application
- Optimism LST Grant: 100K OP ($362K) Application
The grant applications will be judged by the respective grants council from each ecosystem. Each council may be influenced by various external factors from their ecosystem.
Marketing
- We updated the community on the USDC Arbitrum Campaign, readers can find more context here
These additional marketing campaigns are in the pipeline and blocked by deployments
- OP Deployment Marketing : Blocked, awaiting deployment
- Scroll Deployment Marketing: Connected with the Scroll team, Waiting for Frontend deployment
- USDT Mainnet Deployment Marketing: Blocked, awaiting deployment
Other Early Conversations:
- LRTs: Renzo (ezETH), KelpDAO (rsETH)
- QiDAO on Base: Forum post
- Facilitating PoS ETH trade: Forum post