Compound Delegate Race Application

[Doo_StableLab]

Compound Delegate Race Application

Co-Authors: @AranaDigital, @PGov, @Doo_StableLab

There’s a week-long period for delegate candidates to submit their applications for the Compound Delegate Race. The hard deadline will be 9PM EST on August 12th. Please note that the applicant needs to fulfill the following criteria to be considered:

1. The applicant needs to submit application by the deadline
2. The applicant currently does not have 80k or more COMP of voting power. The applicant is not eligible for this delegate race if the applicant has 80k or more COMP of voting power to prevent the overconcentration of voting power.

Please also note that:

1. You must specify in your application if you are applying as an individual or an entity. A maximum of one person can apply from each entity.
2. The elected delegates must maintain a minimum participation rate of 80% between being awarded delegation till EOY 2024. Delegates with under 80% participation might have their votes revoked.
3. Regarding accountability and good-faith participation, the GSWG will hear all complaints regarding any conflicts of interest or malicious actions taken by delegated parties. We will raise warranted issues to the community, and if needed, submit a vote to have the general community decide on withdrawing the voting power of the perpetrating delegate.

Interested parties will self-report their participation in Compound governance according to the provided template below. The GSWG will verify the provided information and finalize a list of elected candidates. Each elected party will be delegated their respective amount of COMP via a vote that will be put onchain by the AlphaGrowth team utilizing a series of Franchiser contracts.

For a more detailed description of this Delegate Race, please review Post 1 and Post 2.

Application Template

Applicant name:

Specify if you’re applying as an individual or an organization:

Link to Tally onchain voting profile:

Applicant summary–briefly explain why you’re interested in applying for this delegate race:

Please provide the date of the first onchain Compound vote you made:

Link your voting record for the past three months (May - July) ( For context, the first vote in this period was ID 247, and the final proposal will be ID 295). Please make a copy of this excel, put your voting record data, and share your link here (make it view only). Here is an example:

Have you posted an RFC that passed the onchain voting stage before? If so, please provide links here (only the sole author or co-authors explicitly mentioned on the proposal will receive credit):

Have you initiated/sponsored a passing onchain vote before? If so, please provide the links here:

Have you joined a Compound Dev Call Before? If so, when? (If you joined several times, you can just note as period like “From January 2024 to July 2024”):

Have you presented at a Compound Dev Call Before? If so, when? (If you presented several times, you can just note as period like “From January 2024 to July 2024”)

[allthecolors]

Applicant name: allthecolors

Specify if you’re applying as an individual or an organization: individual

Link to Tally onchain voting profile: Tally | allthecolors

Applicant summary–briefly explain why you’re interested in applying for this delegate race:

I am applying to the delegate race to help steward the protocol through its next chapters so that it is in the best possible shape structurally for the next wave of newcomers to have their “Aha!” moment with Compound.

Most of my voting history has carried negligible weight (single digits of COMP), and the lack of voting power (plus gas costs, pre @arr00 's comp.vote) weighed on my participation rate. Since starting to accrue COMP through my contributions as a Compound Grants Program domain allocator, my votes have carried slightly more weight, and I have participated more consistently. I think this is net-beneficial for the protocol because my role as a domain allocator affords me close insight into the ecosystem of builders and services around Compound that should be reflected in protocol governance.

Since the Proposal 289 shake-up, I have received two very substantial delegations (totaling 35K COMP) and feel a steep increase in responsibility to participate consistently on each proposal instead of participating when it’s convenient for me. Receiving additional delegation through the delegate race would ensure robust representation of Grants Program domain allocator perspectives on proposals and support my voice on proposals even if the larger delegations I recently received were to be repurposed.

Please provide the date of the first onchain Compound vote you made: September 12, 2021 (tx on Etherscan)

Link your voting record for the past three months (May - July) allthecolors voting record

Have you posted an RFC that passed the onchain voting stage before? If so, please provide links here (only the sole author or co-authors explicitly mentioned on the proposal will receive credit): No

Have you initiated/sponsored a passing onchain vote before? If so, please provide the links here: No

Have you joined a Compound Dev Call Before? If so, when? (If you joined several times, you can just note as period like “From January 2024 to July 2024”): Yes, probably 6-8 times between 2022-2024. My most recent active attendance was at CGP’s Demo Day about 1 year ago; schedule conflicts have prevented my attendance for most of the past year. I should have better availability to attend over the coming year. I often catch up via the recordings (thank you, @adam !)

Have you presented at a Compound Dev Call Before? If so, when? (If you presented several times, you can just note as period like “From January 2024 to July 2024”) Yes, I presented updates on a grant for Compound Early User Analytics a couple of times back in 2022.

[dmitriywoofsoftware]

Applicant name: WOOF!

Specify if you’re applying as an individual or an organization: Organisation

Link to Tally on-chain voting profile: WOOF!'s Delegate Profile

Applicant summary–briefly explain why you’re interested in applying for this delegate race: WOOF! is a software development services provider with a 6-month history with Compound. 3 months ago, we were contracted to support Compound protocol for 12 months within the Compound Growth Program. Our team delivered 7 new markets and 39 new collaterals among other activities to support a protocol which could be found in the separate forum thread.

Our dedication is to make Compound Finance the most technologically advanced money market protocol. It won’t happen without DAO and we want to be a part of it.

Please provide the date of the first on-chain Compound vote you made: WOOF hasn’t received any delegation so far. However, we were whitelisted to push our very own proposal.

Link your voting record for the past three months: WOOF hasn’t received any delegation so far. However, WOOF pushed 20 on-chain proposals with delegators’ support for vote period. Here is WOOF! Proposal Activity

Have you posted an RFC that passed the on-chain voting stage before? If so, please provide links here: We were co-authors of each market we helped to push on-chain. For example, @pashabergman suggested deploying WETH Arbitrum Market which currently has 31M$ TVL

Have you initiated/sponsored a passing onchain vote before? If so, please provide the links here: As mentioned above, WOOF hasn’t received any delegation so far, but was individually granted to create an on-chain proposal w/o delegation. Here is a list of on-chain proposals proposed by our wallet:

1. Tally | Compound | Add ezETH as collateral into cWETHv3 on Base
2. Tally | Compound | Add wstETH as collateral into cUSDCv3 on Base

Also, we helped to push a handful of proposals on behalf of other delegators.

Have you joined a Compound Dev Call Before? If so, when? (If you joined several times, you can just note as period like “From January 2024 to July 2024”): Attended every Community Dev Calls from March 2024 to Aug 2024(present).

Have you presented at a Compound Dev Call Before? If so, when? (If you presented several times, you can just note as period like “From January 2024 to July 2024”): From May 2024 to August 2024.

[RexShinka]

Applicant name: DeFiSafety (Rex Hygate)

Specify if you’re applying as an individual or an organization: Organization

Link to Tally onchain voting profile: We had not voted previously as we wished to remain impartial for our review activities for DeFiSafety.

Applicant summary–briefly explain why you’re interested in applying for this delegate race:

I have been involved with Compound (at least tangentially) since 2020 when DeFiSafety first reviewed the protocol. As a delegate I would hope to maintain the high standard of governance and security that Compound has always maintained. We see DeFi through a security and process lens. We would provide diligent and consistent assessment of proposals, with a focus on security.

As founder of DeFiSafety I have been deeply involved in DeFi security transparency and governance full-time for four years. I’ve been directly involved in assisting Compound security processes through three grants going back to 2023. (Token Technical Risk Report, Chain Technical Risk Checklist and New Asset Listing checklist Automation).

Please provide the date of the first onchain Compound vote you made: None made

Link your voting record for the past three months (May - July) ( For context, the first vote in this period was ID 247, and the final proposal will be ID 295). Please make a copy of this excel, put your voting record data, and share your link here (make it view only). Here is an example:

No voting record to add. As DeFiSafety wanted to maintain a very unbiased team, we avoided participating in governance. Our priorities have changed and we no longer need to stay unbiased.

Have you posted an RFC that passed the onchain voting stage before? If so, please provide links here (only the sole author or co-authors explicitly mentioned on the proposal will receive credit): No proposals that came to be a vote, but we made several comments since 2021 (search for RexShinka).

Have you initiated/sponsored a passing onchain vote before? If so, please provide the links here: No

Have you joined a Compound Dev Call Before? If so, when? (If you joined several times, you can just note as period like “From January 2024 to July 2024”): Yes, April 2023 and June 2024

Have you presented at a Compound Dev Call Before? If so, when? (If you presented several times, you can just note as period like “From January 2024 to July 2024”) Yes, June 2024 and April 2023, with respect to the grants).

[Avantgarde]

Applicant name: Avantgarde finance

Specify if you’re applying as an individual or an organization: applying as an organization, contact person @justErik - tg: erikbrinde

Link to Tally onchain voting profile: Tally profile

Applicant summary–briefly explain why you’re interested in applying for this delegate race:

Avantgarde is a crypto native asset management, advisory and research firm, specialising in asset liability management, R&D, special situations, risk monitoring and on-chain diversification strategies. Avantgarde has conducted work for leading protocols including Uniswap, The Graph, Arbitrum, Nexus Mutual, Paraswap, Enzyme and others. DAOs leverage Avantgarde’s combined expertise in protocol development and asset management for developing strategies to improve treasury sustainability.

We are looking to preserve the integrity and longevity of Compound protocol. As professionals within asset management we can offer unique perspectives on integrated financial planning and strategic treasury management of the DAO.

By delegating to us you not only contribute to increased decentralisation of voting power, but you are also delegating to professional market participants with significant experience within crypto and traditional markets.

We pledge to maintain stability of the protocol and make impartial, rational well balanced decisions. For example during the recent vote to extend AlphaGrowth contract for another 12 months we went to great length into doing quality due diligence of the team including collection of references and extensive interviewing. We’ll be looking to maintain this approach with respect to the rest of key voting decisions.

Please provide the date of the first onchain Compound vote you made: 06 Aug 2022 link

Link your voting record for the past three months (May - July) 93% - voting record

Have you posted an RFC that passed the onchain voting stage before? If so, please provide links here (only the sole author or co-authors explicitly mentioned on the proposal will receive credit): NO

Have you initiated/sponsored a passing onchain vote before? If so, please provide the links here: NO

Have you joined a Compound Dev Call Before? If so, when? (If you joined several times, you can just note as period like “From January 2024 to July 2024”): May

Have you presented at a Compound Dev Call Before? If so, when? (If you presented several times, you can just note as period like “From January 2024 to July 2024”) NO

[PGov]

Applicant name: PGov
Applying as an: Organization
Link to Tally onchain voting profile: PGov Tally

Applicant summary:
As long time members of the Compound community for over three years, we’ve watched Compound governance throughout the highs and the lows. Recently, in an effort to increase governance initiatives, we proposed the Compound Governance Working Group and have had the pleasure of working with the StableLabs and Arana teams on this venture so far. For a long time, and with recent events proving evident, there needs to be more delegated tokens in governance and we’d love to be a part of this!

Please provident the date of the first onchain Compound vote you made: Vote 169 on July 25th, 2023
Link your voting record: 98% over last 3 months

Have you posted an RFC that passed the onchain voting stage?: Compound Governance Working Group
Have you initiated/sponsored a passing onchain vote before?: Votes 174, 191, 199, 238, 246, 248, 251, 254, 259, 265, 269, 276, 283, 278

Have you joined a Compound Dev Call Before?: From June 2024 to present and periodically before.
Have you presented at a Compound Dev Call Before?: The last two most recent calls.

[DoDAO]

Applicant name: DoDAO!

Specify if you’re applying as an individual or an organization: Organization

Link to Tally on-chain voting profile: DoDAO’s Delegate Profile

Applicant summary–briefly explain why you’re interested in applying for this delegate race:
We have worked for compound under many initiatives. Here are some of the most notable ones

1. Compound Education/Academy - https://compound.education/
2. Seatbelt Alerts - Added in #governance-feed in discord
3. Proposals CLI
4. Asset Analysis Dashboard

We understand the project and the code very well.

Compound is one of the few true DAOs and a very welcoming community, so we would love to be delegated some COMP so that we can help improve and protect the protocol.

Please provide the date of the first onchain Compound vote you made: 07 Aug 2024 link

Link your voting record for the past three months (May - July) N/A

Have you posted an RFC that passed the onchain voting stage before? If so, please provide links here (only the sole author or co-authors explicitly mentioned on the proposal will receive credit): NO

Have you initiated/sponsored a passing onchain vote before? If so, please provide the links here: NO

Have you joined a Compound Dev Call Before? If so, when? (If you joined several times, you can just note as period like “From January 2024 to July 2024”): From July 2022 to July 2024 attended almost every dev call

Have you presented at a Compound Dev Call Before? If so, when? (If you presented several times, you can just note as period like “From January 2024 to July 2024”)
Presented a few times in the dev calls

[bendi]

Applicant name: Ben DiFrancesco

Specify if you’re applying as an individual or an organization: I will be representing ScopeLift, the web3 development agency of which I am the founder.

Link to Tally onchain voting profile: scopelift.eth's Delegate Profile

Applicant summary–briefly explain why you’re interested in applying for this delegate race:

ScopeLift is a web3 development agency with a focus on DAO Governance engineering. We provide services, products, and public goods in this realm. Over the past several years, we’ve become experts in extending, customizing, and building on top of the Governor family of contract pioneered by Compound DAO, and later standardized by Compound in collaboration with OpenZeppelin. We want to give back to the Compound community by exercising our expertise, to help ensure the OG Governor DAO remains healthy and flourishing, and continues to push the ecosystem forward.

Here is a brief summary of some of our work:

• ScopeLift built and maintains Flexible Voting, an extension to the Governor contracts that enables novel voting schemes and integrations to be created. It has been adopted by numerous large DAOs, and has now been merged into the OpenZeppelin contracts repo.
• ScopeLift has lead the sensitive process of upgrading Governor contracts for several notable DAOs, including Gitcoin, PoolTogether, Radworks, Arbitrum and Compound itself (currently ongoing).
• ScopeLift built the UniStaker contracts, which UniSwap Governance is in the process of adopting in order to turn on protocol fees and distribute the rewards to UNI stakers who delegate their tokens for participation in Governance. ScopeLift is also building a UniStaker liquid staking token in collaboration with Tally.
• ScopeLift is building the contracts for MultiGov, a first of its kind native crosschain governance system built on top of Governor, in collaboration with Wormhole and Tally.
• ScopeLift received a grant from the Uniswap Foundation to build out Seatbelt—a DAO Governance safety tool. Seatbelt monitors goverance proposals for many large DAOs, performs a series of simulations and safety checks, and generates reports that can be referenced by delegates before voting. It also allows delegates to simulate and test would-be proposals before submitting them onchain.

Please provide the date of the first onchain Compound vote you made: April 30th, 2024 (Tally | Compound | [Gauntlet] BASE and Ethereum v3 WETH Comet IO Recommendations (2024-04-29))

Voting Record for the last 3 months: ScopeLift Compound Delegate Application - Google Sheets

Have you posted an RFC that passed the onchain voting stage before? If so, please provide links here (only the sole author or co-authors explicitly mentioned on the proposal will receive credit): No.

Have you initiated/sponsored a passing onchain vote before? If so, please provide the links here: No.

Have you joined a Compound Dev Call Before? If so, when? (If you joined several times, you can just note as period like “From January 2024 to July 2024”): Yes, last year, to discuss our grant for a Flexible Voting integration with Compound Comet.

Have you presented at a Compound Dev Call Before? If so, when? (If you presented several times, you can just note as period like “From January 2024 to July 2024”): Yes. For the aforementioned Flexible Voting grant.

[pennblockchain]

Applicant name: Franklin DAO

Specify if you’re applying as an individual or an organization: Organization

Link to Tally onchain voting profile: Tally | Franklin DAO

Applicant summary–briefly explain why you’re interested in applying for this delegate race: We are excited to apply for the Compound Delegate Race and continue our deep commitment to the growth and sustainability of decentralized finance (DeFi). FranklinDAO has a a strong track record in governance participation across multiple protocols, including Aave, Uniswap, Arbitrum and especially Compound. Our dedication to transparency, sustainability, and inclusivity perfectly aligns with the core values essential for an effective Compound delegate.

We are particularly interested in this delegate race to enhance governance participation and ensure that Compound continues to innovate while remaining true to its decentralized principles. With our team’s expertise in governance, research, and development, we aim to contribute thoughtfully and independently to the decision-making process.

Please provide the date of the first onchain Compound vote you made: Jun 20th, 2021
Update and Standardize cToken Implementation

Link your voting record for the past three months (May - July). Put your voting record data, and share your link:

Link to sheet

Have you posted an RFC that passed the onchain voting stage before? If so, please provide links here (only the sole author or co-authors explicitly mentioned on the proposal will receive credit):

Launch USDT Market on Compound v3 Arbitrum

Deploy Compound v3 on Optimism

Have you initiated/sponsored a passing onchain vote before? If so, please provide the links here:

Links for some of the most recent initiated/sponsored onchain votes that have passed:

Initialize cUSDTv3 on Optimism

Initialize cUSDTv3 on Arbitrum

Initialize cUSDTv3 on Ethereum Mainnet

Add WBTC as collateral into cWETHv3 on Arbitrum

Update rsETH and weETH price feeds in cWETHv3 on Mainnet

Add wstETH as collateral into cUSDCv3 on Ethereum

Add rsETH as collateral into cWETHv3 on Arbitrum

Have you joined a Compound Dev Call Before? If so, when?

From January 2024 to June 2024

Have you presented at a Compound Dev Call Before? If so, when? (If you presented several times, you can just note as period like “From January 2024 to July 2024”)

No

[rossgates]

AlphaGrowth (ReservoirDAO)

Applicant name: AlphaGrowth (ReservoirDAO)

Specify if you’re applying as an individual or an organization: Organization

Link to Tally onchain voting profile: Tally | ReservoirDAO

Applicant summary AlphaGrowth (Tally Profile Reservoir DAO) is the growth arm of Compound. For the past 9 months, the team has been involved in a majority of the On-chain and off-chain Growth initiatives for Compound Protocol.

AlphaGrowth has been Mandated by the DAO to Growth the Protocol’s TVL, Chains, Markets, Assets and Integrations. In this role, the team has become a recurring and important voice within the Compound Community.

Our recent governance initiative where we stopped $25M worth of funds from being withdrawn from the DAO treasury highlights the team’s capability to turn challenges into opportunities.

During our renewal proposal for the Compound Growth Program, we asked for a delegation of 50K COMP to AlphaGrowth and were approved. While we were in the process of making an additional proposal to receive that delegation, the Delegate race by the Governance Working Group is a better platform to request our delegation.

Please provide the date of the first onchain Compound vote you made: None made, the team has voted for Compound proposals in a personal capacity until now.

Link your voting record for the past three months No voting record for AlphaGrowth, members have individual voting records.

Have you posted an RFC that passed the onchain voting stage before? If so, please provide links here :
The Compound Growth Program managed by the AlphaGrowth team has submitted multiple forum posts that would later on be posted for On–chain voting.

Add DAI, USDC and USDT as collaterals to WETH Comets on Mainnet and Arbitrum
Add Market wstETH on ETH Mainnet
Add Market ETH on Optimism
Deploy Compound III on Optimism

Have you initiated/sponsored a passing onchain vote before? If so, please provide the links here:
AlphaGrowth team has been the main architect behind most of the new Chain, Market and Collateral asset deployments in the past few months.

Proposals 258, 259, 264, 262, 263, 269, 268, 265, 273, 275, 276, 277, 278, 280, 283, 284, 285, 286 have all been planned and executed by AlphaGrowth team with the technical assistance from Woof Software.

Besides these, the AlphaGrowth team has also sponsored and created the Compound Growth Program proposals.

Have you joined a Compound Dev Call Before? If so, when?
Yes, AlphaGrowth team has been Attending Dev Calls from September 2023 to present. Since December when the Compound Growth Program Passed, we have attended and presented at every single Dev Call.

Have you presented at a Compound Dev Call Before? If so, when?
AlphaGrowth team has been presenting regularly at every Dev Call since September 2023 to present.

[Sherlock]

Application Template

Applicant name:
Sherlock

Specify if you’re applying as an individual or an organization:
Organization

Link to Tally onchain voting profile:
Sherlock has not previously voted but would like to engage as an active participant in governance going forward.

Applicant summary–briefly explain why you’re interested in applying for this delegate race:
At Sherlock, we believe our unique perspective can significantly contribute to Compound’s governance, ultimately benefiting all stakeholders involved. With our deep and broad expertise in security, coupled with substantial experience in DAO governance, we are well-equipped to address the recent challenges and developments in governance security. We are eager to bring our expertise and influence to bear, helping to fortify the DAO as it continues to evolve. Our goal is to play an active role in ensuring the long-term security and stability of the Compound protocol.

Please provide the date of the first onchain Compound vote you made:
No votes to date.

Link your voting record for the past three months (May - July):
No votes to date.

Have you posted an RFC that passed the onchain voting stage before? If so, please provide links here (only the sole author or co-authors explicitly mentioned on the proposal will receive credit):
Sherlock has not had an RFC pass the on-chain voting stage. However, we posted this proposal for feedback on June 22: Sherlock - Comprehensive Security Partnership

Have you initiated/sponsored a passing onchain vote before? If so, please provide the links here:
No.

Have you joined a Compound Dev Call Before? If so, when? (If you joined several times, you can just note as period like “From January 2024 to July 2024”):
No, but we plan to attend going forward.

Have you presented at a Compound Dev Call Before? If so, when? (If you presented several times, you can just note as period like “From January 2024 to July 2024”):
No.

[Curia]

Applicant name: Curia

Specify if you’re applying as an individual or an organization: Organization

Link to Tally onchain voting profile: Curia's Delegate Profile

Applicant summary–briefly explain why you’re interested in applying for this delegate race:
Curia is a team deeply involved in governance research and DAO operations in various projects and DAOs such as Optimism, Safe, Arbitrum, Gnosis, etc. We joined the Compound community in mid-2024 and were impressed by its unique governance system and community.

Our interest was particularly piqued by the Humpy’s proposal incident, which we closely followed from start to finish. Although we didn’t have delegation at the time, we wrote and shared how Compound’s effective handling of this complex issue with our local community.

Our governance expertise and a keen interest in Compound drive our application as delegates. We aim to contribute valuable insights and promote informed decision-making within the community.

Please provide the date of the first onchain Compound vote you made: Aug 11th, 2024

Link your voting record for the past three months (May - July): NO, we are just starting to delegate COMP and plan to participate more afterward.

Have you posted an RFC that passed the onchain voting stage before?: NO, but we posted the proposal for RFC here [Request for comment] Compound Governance Analytics Dashboard

Have you initiated/sponsored a passing onchain vote before?: NO

Have you joined a Compound Dev Call Before? If so, when?: YES, every dev call since June 12th, 2024 to the present.

Have you presented at a Compound Dev Call Before?: NO. We haven’t presented at a Compound Dev Call yet but we once presented to CGP’s Domain allocator for our dashboard.

[coolhorsegirl]

Applicant name: coolhorsegirl

Specify if you’re applying as an individual or an organization: Individual

Link to Tally onchain voting profile: Tally | coolhorsegirl

Applicant summary–briefly explain why you’re interested in applying for this delegate race:

I work at Tally, the onchain governance platform, as Head of BD and have been deeply involved in DAO governance since 2020. My journey in decentralized governance began at Index Coop, where I served as Content Lead, helping to shape and communicate the vision and strategies of the early DAO, including governance and metagov comms.

I am up-to-date on governance happenings, governance innovations, and governance best practises. I led our successful grant application for Tally to improve the governance experience of Compound within Tally’s UI. I am also excited about multichain governance and the Tally Protocol as potential future implementations of Compound gov.

I am an experienced delegate; I also serve as a delegate for Moonwell DAO, zkSync DAO, and Wormhole DAO. My hands-on experience across various DAOs has equipped me with a nuanced understanding of governance dynamics and the importance of aligning incentives with the broader community. I am observing DAO governance closely daily at Tally.

Through my work at Tally, I have gained deep expertise with Governor contracts, which were pioneered by Compound DAO. This has given me a unique appreciation for the foundational role Compound plays in the ecosystem. I am eager to contribute to the ongoing success of Compound, the original Governor DAO, by bringing my governance experience, commitment to community engagement, and passion for decentralized decision-making to the table.

Please provide the date of the first onchain Compound vote you made: No votes to date.

Link your voting record for the past three months (May - July): No votes to date.

Have you posted an RFC that passed the onchain voting stage before? If so, please provide links here (only the sole author or co-authors explicitly mentioned on the proposal will receive credit): No.

Have you initiated/sponsored a passing onchain vote before? If so, please provide the links here: No.

Have you joined a Compound Dev Call Before? If so, when? (If you joined several times, you can just note as period like “From January 2024 to July 2024”): No, but plan to going forward.

Have you presented at a Compound Dev Call Before? If so, when? (If you presented several times, you can just note as period like “From January 2024 to July 2024”): No.

[EventHorizon]

Applicant name:
Event Horizon (Jordan)

Specify if you’re applying as an individual or an organization:
Applying as an Organization

Link to Tally onchain voting profile:
https://www.tally.xyz/profile/0xb35659cbac913d5e4119f2af47fd490a45e2c826

Applicant summary–briefly explain why you’re interested in applying for this delegate race:

Event Horizon is designed to enfranchise the long tail distribution of tens of thousands of smaller voters found within the citizenry of every DAO. This delegation would further EH’s capacity to enfranchise the retail citizens of the Compound community.

• Compound Metrics: The Event Horizon Community has participated in soon-to-be 89 Compound proposals with zero downtime.

• General Metrics & Traction: Event Horizon is already live within both the Gitcoin and Arbitrum ecosystems and has mobilized >$55,000,000 of voting power across ~500 proposals on over 6 DAOs all on behalf of retail voters at no cost to the user. This is $55,000,000 of voice amplification for the low-capital, high-conviction citizens which would never have been possible prior to the Event Horizon’s product.

Most recently, Event Horizon officially partnered with Gitcoin to leverage the Gitcoin Passport and received a 150,000 GTC community delegation:
Announcement Tweet

Event Horizon is in the process of conducting a similar proposal for a 7,000,000 ARB (~$5m) community enfranchisement delegation. This proposal is overwhelmingly supported by the community and is inclusive of Gitcoin’s Passport solution as a partner product: Arbitrum Proposal

Event Horizon was also endorsed by the CEO of SushiSwap, Jared Grey: Endorsement Tweet

Voting is the first step to onboarding new DAO contributors and/or delegates. But without meaningful voting authority, new and existing DAO citizens will remain sidelined and the DAO will remain worse off compared to competitors who optimize top of the funnel.

Event Horizon allows DAO citizens to vote with meaningful authority though its novel governance mechanism: Implicit Delegation

Event Horizon slots into the broader DAO ecosystem in a similar fashion to a standard delegate. However, rather than the pool voting based on the decision of one individual or group, it votes with the collective cognition of hundreds of individual Event Horizon Voter Pass holders. This serves two functions:

1. Enfranchise Community Citizens: It provides a clear and designated voice for smaller, retail voters.
2. Increase Meaningful Retail Participation: It drives participation through a game theoretic process called Implicit Delegation. Whether 10 people show up to vote, or 10,000 people do, the full retail voter allotment is mobilized in support of the community’s desired outcome:

When participation is low… each voter receives a larger slice of the public access pie. This means the fewer people there are voting, the more incentive there is for someone new to come and participate.

When participation is high… there are more voters splitting the same pie, however, retail participation is high, which is a great win for the ecosystem.

This is all done without the need to pay delegates with inflationary token rewards, which would attract the wrong crowd anyway. Event Horizon’s model attracts people strictly interested in governance, not payment.

• DAO Benefits: From a DAO perspective, Implicit Delegation brings the many great ideas and voices from the long-tail distribution of low-capital community members to the surface. We like to say that the best ideas in an ecosystem are often held in the minds of individuals with $50 in governance voice, so we need a better platform for these ideas to be heard.

• Delegate Benefits: Governance is hard. It is nearly impossible to review, react to, and care about every individual proposal. EH functions as a hive mind to solve this problem. If there are 3 proposals (Gaming, Lending, and Partnership) 100 citizens may show up to vote for each, but the exact voter body may be entirely different each time, with those caring about gaming participating in the gaming proposal, and so on and so forth for the other proposal topics.

• Continued Benefits: Establishing the initial delegation is the first step in enfranchising the broader community. From there, Event Horizon functions as a think tank creating bespoke solutions to benefit each specific community. One possible example of such evolution found through public-access, public-good voter pools is the ability for expert selection from the community through self-selection: https://medium.com/hvax/sacrificial-specialization-7538c067674c
  

Please provide the date of the first onchain Compound vote you made:
12/29/2023

Link your voting record for the past three months (May - July)
93% participation

Event Horizon Compound Proposals

Have you posted an RFC that passed the onchain voting stage before? If so, please provide links here (only the sole author or co-authors explicitly mentioned on the proposal will receive credit):
N/A

Have you initiated/sponsored a passing onchain vote before? If so, please provide the links here:
N/A

Have you joined a Compound Dev Call Before? If so, when? (If you joined several times, you can just note as period like “From January 2024 to July 2024”):
N/A

Have you presented at a Compound Dev Call Before? If so, when? (If you presented several times, you can just note as period like “From January 2024 to July 2024”):
N/A

[sharp]

Sharp

Applicant name: sharp

Specify if you’re applying as an individual or an organization: Individual

Link to Tally onchain voting profile: Sharp’s Tally Profile

Applicant summary :
I have been closely involved in Compound Protocol’s growth operations through the Growth Program. Currently working to increase the Protocol’s TVL, partnerships and integrations across multiple chains, I would like to be an active participant in the Protocol’s decision making process too.

For the past 1 year, I have been constantly working to build the Protocol’s partnerships across the Web3 ecosystem, both in personal and professional capacity. In this regard I played an instrumental role in securing more than $3 Milion in grants for the protocol from Arbitrum and Optimism ecosystems. Becoming a delegate will further boost my capability to contribute to the protocol’s growth.

Please provide the date of the first onchain Compound vote you made: Proposal 266, June 28th 2024

Link your voting record for the past three months : Sheet Link

I started voting since proposal 266 when I received the first delegation, in that sense my overall voting participation is 59%. But after becoming a delegate member of Compound DAO my voting participation has remained 96%.

Have you posted an RFC that passed the onchain voting stage before?
Yes I have submitted multiple posts on the Compound Forum. My full profile here: Profile - sharp - Compound Community Forum

Have you initiated/sponsored a passing onchain vote before?
Not directly as I do not have 25K COMP to push Votes on chain. I have been involved in most of the new Chain, market and collateral proposals for Compound. Example, launching of Compound on Optimism, USDT markets on multiple chains and more.

Have you joined a Compound Dev Call Before? If so, when?
Yes I have been present in all Community calls since November 2023. The first Community call I joined was in September 2023.

Have you presented at a Compound Dev Call Before? If so, when?
Yes, I have been a presenter in all community calls since November 2023 giving regular and comprehensive updates about the progress of the Compound Growth Program

[CalBlockchain]

Applicant name: CalBlockchain

Specify if you’re applying as an individual or an organization: Organization

Link to Tally onchain voting profile:

Tally | CalBlockchain (0x7AE109A63ff4DC852e063a673b40BED85D22E585)

Applicant summary–briefly explain why you’re interested in applying for this delegate race:

CalBlockchain is a student organization at UC Berkeley focused on innovating, educating, and participating in the blockchain ecosystem. We have been active participants in Compound Governance for many years and believe in the protocol’s sustainability. We prioritize growth and stability.

As an active ongoing voter in the Compound ecosystem, we believe this Delegate Race can boost governance participation. Our priorities are to keep Compound competitive; that means embracing new ideas, remaining secure, and using data to make decisions.

Please provide the date of the first onchain Compound vote you made:

Dynamic Risk Parameters - Quarterly Update

Link your voting record for the past three months (May - July):

Compound Delegate Application

Have you posted an RFC that passed the onchain voting stage before? If so, please provide links here (only the sole author or co-authors explicitly mentioned on the proposal will receive credit):

Lower Proposal Threshold to 25K COMP

Have you initiated/sponsored a passing onchain vote before? If so, please provide the links here: No

Have you joined a Compound Dev Call Before? If so, when? (If you joined several times, you can just note as period like “From January 2024 to July 2024”): No

Have you presented at a Compound Dev Call Before? If so, when? (If you presented several times, you can just note as period like “From January 2024 to July 2024”) No

[AranaDigital]

Applicant Name: Arana Digital

Applying As An: Organization

Link to Tally onchain voting profile: Voting Record

Applicant Summary:
We are a governance group composed of ex-Michigan Blockchain members. Our team is made up of individuals deeply steeped in the crypto space, bringing multiple years of participation in protocol governance. With delegation history for DEXs, money markets, L2s, liquid staking protocols, and stablecoins, we’re acclimated with a breadth of sectors. We have been active participants in Compound governance for over two years–along with other lending protocols like Aave–so our team’s well-versed with assessing risk-parameter updates. Our members have also aided groups like Gauntlet and Alpha Growth put proposals onchain whenever their capacity runs short. We hope to build on this experience by attaining delegation for a second time–but under a professional entity.

Please provident the date of the first onchain Compound vote you made: [Gauntlet] Rewards Contract Top-Up for BASE, Ethereum, and Arbitrum (05/27/24)

Link your voting record: 81% over last 3 months

Have you posted an RFC that passed the onchain voting stage?: Establish the CGSW

Have you initiated/sponsored a passing onchain vote before?: No, not through Arana, so we won’t be counting points here. But for reference, we sponsored various proposals while our team was a part of Michigan.

Have you joined a Compound Dev Call Before?: June, July, August 2024 Arana partook in dev calls. Our team also sporadically partook in these calls beforehand.

Have you presented at a Compound Dev Call Before?: Yes, once in July 2024, as well as August 2024.

[cylon]

Applicant name: OpenZeppelin Governance

Specify if you’re applying as an individual or an organization: Organization (zOS Global Limited)

Link to Tally onchain voting profile: OpenZeppelin Governance Tally Profile

Applicant summary–briefly explain why you’re interested in applying for this delegate race:

OpenZeppelin’s core mission has always been to protect the open economy. To this end, OpenZeppelin has formed OpenZeppelin Governance that can act as an independent and active participant in governance, starting with the Compound DAO. By participating actively in DAO governance, the OpenZeppelin Governance team can proactively advocate for positive governance initiatives based on its 9 years of experience in the industry. OpenZeppelin understands that healthy governance also helps promote protocol security.

While OpenZeppelin Governance (zOS Global Limited) will lean on OpenZeppelin’s long-standing expertise in protocol security and community governance, it will function separately from OpenZeppelin Security (Zeppelin Group Ltd) which currently acts as Compound’s Security Partner. This will ensure that OpenZeppelin’s audits and security work, including the review of on-chain proposals, remains separate.

Note: While OpenZeppelin Governance will function as a separate entity from OpenZeppelin Security when Governance votes as a delegate, we believe that OpenZeppelin’s overall contributions to Compound are still relevant as part of our application and so we include the contributions of OpenZeppelin Security in the following sections.

Please provide the date of the first on-chain Compound vote you made: Mar 31st, 2022 on Proposal 95 from a prior OpenZeppelin account used for submitting our partnership renewal proposals.

Link your voting record for the past three months (May - July):

While OpenZeppelin Security has not been an active voter due to the conflict of interest it could present, it has been active in monitoring all governance proposals for security issues and has also performed Security Reviews on multiple proposals within the timeframe specified. At the bare minimum, we’ve consistently had a baseline proposal review including simulated execution, verified addresses, evaluated parameters, and validated descriptions but only reported issues in the forum when they arose. We have indicated each proposal where we have provided a baseline review as well as public comments or published reviews in this excel sheet.

OpenZeppelin Governance intends to be an active voter and capable of independently participating in governance going forward in the coming weeks and can make effective use of a delegation. Michael Lewellen, OpenZeppelin’s dedicated Security Advisor to Compound, has also recently been submitting votes from his individual profile.

Have you posted an RFC that passed the onchain voting stage before?
+
Have you initiated/sponsored a passing onchain vote before?

OpenZeppelin Security has submitted 16 proposals and passed 11 proposals to renew and process payments for its security partnership with the Compound DAO based on its old and current delegate profile. In addition to this, we’ve also performed security audits and contributed to the deployment of dozens of other proposals, including the initial launch of Compound V3 and all subsequent Comet markets. See OpenZeppelin Security’s review of the Optimism USDT Migration Review in Proposal 258 as a recent example.

Have you joined a Compound Dev Call Before? If so, when? (If you joined several times, you can just note as period like “From January 2024 to July 2024”)
+
Have you presented at a Compound Dev Call Before? If so, when? (If you presented several times, you can just note as period like “From January 2024 to July 2024”)

OpenZeppelin Security has regularly presented and contributed to the Compound Dev Calls since starting our partnership with the DAO in December 2021, presenting in nearly every call.

[Michigan_Blockchain]

Applicant name: Michigan Blockchain

Specify if you’re applying as an individual or an organization: Organization

Link to Tally onchain voting profile: Michigan Blockchain's Delegate Profile

Applicant summary–briefly explain why you’re interested in applying for this delegate race:

We are thrilled to announce our candidacy for the Compound Delegate race. Michigan Blockchain has been deeply engaged in the governance of Compound, as well as other leading protocols and DeFi platforms such as Uniswap, and Arbitrum. In Compound, we have actively supported and sponsored several proposals, contributing significantly to their successful. We see this as a valuable opportunity to share our perspectives, foster greater stakeholder engagement, and contribute to making the Compound even richer, stronger and more sustainable.

Please provide the date of the first onchain Compound vote you made:

Jun, 18th, 2021
Prop 47 : Tally | Compound | Oracle Improvement

Voting record for past three months : 93%

Have you posted an RFC that passed the onchain voting stage before? If so, please provide links here (only the sole author or co-authors explicitly mentioned on the proposal will receive credit):

We did not posted but we posted several comments between 2023-2024.

Have you initiated/sponsored a passing onchain vote before? If so, please provide the links here:
Prop 189 : Tally | Compound | CGP 2.0 Updates and Renewal,
Prop 192 : Tally | Compound | Add rETH as Collateral to wETHv3 Mainnet,
Prop 227 : Tally | Compound | [Gauntlet] 2024-03-11: Compound V2 Deprecation (Phase 10) - Part 1,
Prop 233 : Tally | Compound | Initialize cUSDCv3 on Scroll,
Prop 264 : Tally | Compound | Add weETH as collateral into cWETHv3 on Mainnet,
Prop 280 : Tally | Compound | Initialize cWETHv3 on Optimism,
Prop 297 : Tally | Compound | Add USDT and USDC as collateral into cWETHv3 on Optimism

Have you joined a Compound Dev Call Before? If so, when? (If you joined several times, you can just note as period like “From January 2024 to July 2024”):

No

Have you presented at a Compound Dev Call Before? If so, when? (If you presented several times, you can just note as period like “From January 2024 to July 2024”) :

No

[Doo_StableLab]

Hi, everyone, thanks for the applications. Please note that no new applications will be accepted.

@Doo_StableLab

The hard deadline will be 9PM EST on August 12th.

We look forward to share more about the Program soon.