Update - Week of June 17, 2024
The past week market an important milestone for Compound Growth program with launch of 4 onchain proposals and initiation of the Grant distribution process.
New and Ongoing conversations
- [Chain] Parallel Network- Initial discovery call for new chain
- [Chain] Lisk: Initial discovery call for new chain deployment
- [Integration] Safe Wallet: Adding Compound to Safe Marketplace
- [Integration] Conversation with Tally for Governance processes steamlining
- [Integration] Rango Exchange: Discussion of further collaboration and marketing
- [Integration] CoinDCX: Discussion of integrating Compound markets with the Indian exchange’s earn product
Forum Posts and Lunch Operations
Four integrations, 2 new Comets and 2 new collateral proposals pushed on-chain. @Pasha @dmitriywoofsoftware coordinated in the on-chain push
- Initialize cUSDTv3 on Arbitrum Coded by @pennblockchain
- Initialize cUSDTv3 on Polygon coded by Woof!
- Add weETH as collateral into cWETHv3 on Mainnet** coded by Woof!
- Add rsETH as collateral into cWETHv3 on Mainnet** coded by Woof!
Grant Ops
Current grants in Pipeline
- Arbitrum LTIPP currently being tested
- OP Grants distribution being set up
Filling applications for 2 grant program
- Application being considered for Polygon ecosystem grants
- Application rejected for Superchain superfest. Compound already has a 150K OP grant to work on
Execution of current Grants
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LTIPP Arbitrum
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4 Grant distribution channels to be seeded with initial funds to test efficiency and effectiveness
- Layer3
- Merkl
- Vaultcraft
- OKX Defi Wallet
A detailed update by @rossgates has been posted here [AlphaGrowth] ARB LTIPP incentives distribution mechanism experiments - #2 by rossgates
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Optimism Growth Grant
- First 40% of the Grant (60K OP) claimed in the Growth Program Multisig
Development Operations
- Arbitrum USDT market development. We received feedback from OZ with 2 issues. We managed to fix them in one day.
- Polygon USDT market development. It is the first market that was proposed without OZ review. We paid a lot of attention to making it perfect, with double-checks of several engineers. During the double-checks, we found some issues and successfully fixed them.
- Develop new weETH WETH Mainnet collateral. Adding of collateral was pushed without OZ review as well.
- Develop new rsETH WETH Mainnet collateral. Adding of collateral was pushed without OZ review as well.
- Develop new osETH WETH Mainnet collateral. Adding of collateral was pushed without OZ review as well.
Deployments.
- We were notified that weETH, rsETH, and osETH should be pushed in different proposals, thus we performed it ASAP on Friday.
- Integrated OKX for Dune LTIPP dashboard.
- Proposals. To create on-chain proposals we were helped by FranklinDAO, PGov, Michigan Blockchain, and Columbia Blockchain. It is not that easy to find enough delegators, thus we pushed only 4 of 5 planned proposals:
- New USDT market on Arbitrum -
- New USDT market on Polygon -
- New weETH collateral on WETH Mainnet market -
- New rsETH collateral on WETH Mainnet market -